Senior AML Auditor
Senior AML Auditor
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$ 71000 - 78000
1 Vacancy
Job Description
About Ballys Corporation
Ballys Corporation (NYSE: BALY) is a global casino-entertainment company with a growing omni-channel presence. Ballys owns and operates 19 casinos across 11 states along with a golf course in New York and a horse racetrack in Colorado and holds OSB licenses in 13 jurisdictions in North America. The acquisition of Aspers Casino in Newcastle UK expands its international reach. It also owns Bally Bet a first-in-class sports betting platform Bally Casino a growing iCasino platform Ballys Interactive International division (formerly Gamesys Group) a leading global interactive gaming operator and a significant economic stake in Intralot S.A. (ATSE: INLOT) a global lottery management and services business.
With 11500 employees its casino operations include approximately 17700 slot machines 630 table games and 3950 hotel rooms. Ballys also has rights to developable land in Las Vegas at the site of the former Tropicana Las Vegas.
The Role:
As an Anti-Money Laundering/Counter Financing Terrorism (AML/CFT) Audit Subject Matter Expert (SME) the Senior Auditor will be responsible for the high-quality execution of AML internal audits ensuring that these audits align with the established practices of the organization. The role requires conducting thorough walkthroughs of the AML processes testing the design and effectiveness of AML controls and documenting working papers to support audit findings. This position is vital in helping the organization navigate regulatory challenges and enhance our compliance framework. Additionally the position will be the main point of contact for providing information to Compliance and Treasury for jurisdictional and financial institution AML requests. The Senior auditor will work closely with various stakeholders to ensure that all audit activities are conducted professionally and in accordance with industry standards.
Responsibilities:
- Conduct thorough walkthroughs of AML processes across all lines of business.
- Test the design and effectiveness of AML controls.
- Document work papers to support audit findings.
- Execute high-quality AML internal audits in line with industry practices.
- Collaborate with C&R and Interactive Internal Audit team members to coordinate/monitor all AML findings for Ballys.
- Collaborate with stakeholders to enhance compliance frameworks.
- Conduct comprehensive risk assessments to identify areas of vulnerability to money laundering and terrorist financing.
- Evaluate the effectiveness of existing AML and KYC controls and recommend improvements.
- Review AML and KYC policies and procedures to ensure they align with regulatory requirements.
- Assess the adequacy of customer due diligence (CDD) processes enhanced due diligence (EDD) measures and suspicious activity monitoring systems.
- Perform testing procedures to verify compliance with AML and KYC regulations.
- Sample customer files and transaction records to assess the accuracy and completeness of information collected during the KYC process.
- Assess the adequacy of AML and KYC training programs provided to employees.
- Promote awareness of red flags emerging typologies and regulatory updates to enhance the organizations ability to detect and report suspicious activities.
- Collaborate with the compliance function to facilitate effective communication with regulatory authorities as required.
- Collaborate with the Treasury function to facilitate effective communication with financial institutions as required.
- Follow-up and perform validation of remediation activities to ensure control issues are effectively resolved.
- Stay abreast of laws rules and regulations impacting financial institutions and partner with Corporate Compliance to ensure the regulatory risks are properly identified and mitigated with the business lines and ensuring that the changes are incorporated into the independent assessment process and implement best practices; drive change to strengthen the BSA/AML & OFAC framework.
- Ensure that audit work conforms to Audit policies and procedures.
- Perform special reviews or projects if necessary.
- Other duties as required
Competencies:
- Proficient in Microsoft Word Excel and PowerPoint
- Proven ability to handle multiple tasks simultaneously
- Technical Capacity
- Highly organized and detail oriented
Qualifications:
- Bachelors degree in accounting Finance Information Technology or related field preferred
- CAMS certification required
- CPA CIA CFE and/or CISA certification preferred
- Minimum of five years experience in audit testing auditing or banking
- Extensive experience working with Bank Secrecy Act/Anti-Money Laundering is required
- Experience in a Big 4 or national CPA firm preferred
- Knowledge of international regulations/requirements preferred
- Gaming industry experience preferred
- Excellent verbal communication and presentation skills in English
- Strong computer literacy skills
- Knowledge of PowerPoint Visio ACL Everi and Wdesk preferred
- Strong interpersonal skills and ability to work closely with people at all levels in the organization
- Report writing and superior documentation skills are required
- Ability to draft comprehensible reports on complex issues in a concise manner is required
- Must be able to travel up to 35% with overnight stay
Whats in it for you:
- Competitive Salary with annual performance reviews
- Comprehensive health coverage plan that includes medical dental and vision
- 401(K)/ Company Match
- Employee Stock Purchase Plan
- Access Perks and Childcare discounts
Target Salary Range:
- $71000- $78000 Annual Salary
Please note this job description is not designed to cover or contain a comprehensive listing of activities duties or responsibilities that are required of the employee for this job. Duties responsibilities and activities may change at any time with or without notice.
Required Experience:
Senior IC
Employment Type
Full-Time
