Compliance Specialist
dLocal
Salary
💰 $52,640 - $69,090 per year
Job Level
Junior
About the role
- The primary responsibility of the AML Compliance Specialist is to assist BetMGM’s AML compliance program to identify and report possible suspicious activity, money laundering, and/or violations of Title 31 regulations. Adhere to compliance with a focus on investigation, research, and analyses of financial transactions and customer data across all lines of business. The AML Compliance Specialist will also complete financial audits of BetMGM’s retail sports books, ensuring the accurate and appropriate filing of any appliable Currency Transaction Reports (CTRs) or Book Wagering Reports (BWRs). All duties are to be performed in accordance with BetMGM’s policies, practices, and procedures. Responsibilities Review and analyze transactions utilizing internal and external systems and tools Partner and communicate with team members across the organization and external partners to gather information and develop comprehensive investigations Perform AML investigations by reviewing and analyzing financial transactions and customer data Prepare reports that clearly describe gaming transaction details, analyses, and investigation findings to support recommendations to AML Analysts Monitor all business units to ensure compliance with Federal Bank Secrecy Act (BSA) Title 31, and applicable State and Federal reporting requirements Act as a front-line resource for the business groups and escalation point regarding compliance with Title 31, CTRs, and state reporting requirements Perform diverse duties and ad-hoc projects to support the AML/SAR requirements Proactively identify potential suspicious activity and provides updates to Compliance Management Conduct due diligence using World Compliance/LexisNexis, and/or other Internet-based investigative tools Maintain solid knowledge of State/Federal Regulation, MICS, ICS, Titles and Codes and related guidance issued by FinCEN as they pertain to a casino environment Conduct reviews focused on detecting suspicious activity for purposes of filing Suspicious Activity Reports Perform related due diligence on patron accounts/deposits/payments Complete daily Currency Transaction Report (CTR) and race & sports book audits and summarize findings in a clear and concise manner Provide ongoing compliance reporting to Anti-Money Laundering Compliance Management Verify transactions are into the electronic MTL and other casino systems to ensure compliance with Title 31 Generate and review CTRs and Book Wagering Reports for submission to FinCEN and/or the applicable regulatory body Cite exception reports to operating departments for instances of non-compliance Adapt quickly and effectively to procedural changes; assist with special projects Must have highest level of professional ethics and integrity Confidentiality is an essential element of this job Perform other related duties as assigned Qualifications Proof of authorization/eligibility to work in the United States Bachelor’s degree preferred Ability to communicate proficiently and effectively in English, both in spoken and written form 1+ year experience in a casino, bank, or other financial institution preferred 1+ year experience in the areas of research, analysis, and documentation of findings related to customer financial transactions for Title 31 compliance preferred Demonstrated experience in reviewing customer transactions for potential suspicious activity and performing anti-money laundering investigations Working knowledge of regulations under Title 31 of the US Code of Federal Regulations and guidance from the Financial Crimes Enforcement Network (FinCEN) Must possess intermediate knowledge of computer software applications, including Microsoft Excel and Word Must be detail oriented and have excellent writing skills Strong interpersonal skills with the ability to communicate effectively to members of different backgrounds and levels of experience Ability to stand, sit, walk, bend, reach, lift, and operate computers and other technological devices for extended periods of time Must be able to stand or sit and operate computers and other technological devices for extended periods of time
Requirements
- Proof of authorization/eligibility to work in the United States
- Bachelor’s degree preferred
- Ability to communicate proficiently and effectively in English, both in spoken and written form
- 1+ year experience in a casino, bank, or other financial institution preferred
- 1+ year experience in the areas of research, analysis, and documentation of findings related to customer financial transactions for Title 31 compliance preferred
- Demonstrated experience in reviewing customer transactions for potential suspicious activity and performing anti-money laundering investigations
- Working knowledge of regulations under Title 31 of the US Code of Federal Regulations and guidance from the Financial Crimes Enforcement Network (FinCEN)
- Must possess intermediate knowledge of computer software applications, including Microsoft Excel and Word
- Must be detail oriented and have excellent writing skills
- Strong interpersonal skills with the ability to communicate effectively to members of different backgrounds and levels of experience
- Ability to stand, sit, walk, bend, reach, lift, and operate computers and other technological devices for extended periods of time
- Must be able to stand or sit and operate computers and other technological devices for extended periods of time
