Director Compliance

The Director of Complianceoversees all Compliance functions including due diligence and broader casino regulatory responsibilities. Adherence to laws regulations and internal policies by developing and implementing compliance strategies conducting risk assessments monitoring activities and providing training to employees for the for creating and updating policies conducting internal inspections observations and compliance audits investigating potential breaches and acting as a liaison with regulatory bodies to minimize legal risks and protect the casinos senior role requires strategic leadership a deep understanding of industry-specific regulations and strong communication skills to foster a culture of ethical behavior and accountability.

Targeted Salary: $150000

Principal Duties and Responsibilities:

• Develop and Execute Compliance Strategy:
  • Develop and implement the casinos comprehensive compliance strategy in accordance with the organizations direction ensuring alignment with its objectives and the evolving regulatory landscape.
  • Comprehensive understanding of AML and ability to stabilize assets.
• Policy and Procedure Management:
  • Design develop and update casino policies and procedures to ensure adherence to all relevant laws regulations and ethical standards.
• Risk Assessment and Mitigation:
  • Conduct regular risk assessments to identify analyze and mitigate potential compliance risks and liabilities.
• Monitoring and Auditing:
  • Establish and oversee a comprehensive compliance monitoring and auditing program to detect and correct non-compliance.
• Training and Education:
  • Develop and deliver training programs to educate employees at all levels on compliance requirements internal policies and ethical conduct.
• Regulatory Liaison:
  • Serve as a primary point of contact with regulatory agencies preparing for audits and managing responses to findings.
• Incident Response:
  • Lead investigations into compliance-related incidents breaches and potential misconduct.
• Reporting and Communication:
  • Prepare regular reports for senior management and stakeholders on compliance activities risks and program effectiveness.
  • A strong partnership with Ballys Corporate Compliance Team.
• Fostering a Compliance Culture:
  • Promote a strong culture of compliance and ethical behavior throughout the organization

Competencies:

• Ethical conduct
• Self-directed
• Strategic thinking
• Analytical thinking
• Project management
• Continuous improvement
• Lead local and remote teams
• Root cause determination and resolution
• Compliance risk assessment management
• Developing and maintaining a compliance culture
• Compliance program and control framework management
• Confident collaborative and outcome-based interaction with regulators and senior management

Supervisory Responsibility:

• Property Compliance team members

Work Environment:

This position operates primarily in an assigned professional office environment with occasional onsite observations of casino activities and controls as well as travel to company office hubs other Company casinos and regulatory agencies. This position entails interaction with guests regulators front-line team members and senior management. This position routinely utilizes standard office equipment including computers phones and photocopiers. The noise level is usually moderate to loud.

Physical Demands:

While performing the duties of this position the employee is regularly required to see talk and hear. The employee is frequently required to sit or stand for extended periods; walk; use hands and fingers; handle or feel objects; and reach with hands and arms. The employee must occasionally lift and/or move objects up to 25 pounds.

Preferred Education and Experience:

• Bachelors degree or equivalent professional experience with advanced degrees (e.g. a masters degree in finance or risk management a Juris Doctor) often preferred.
• Five plus years of experience within casino compliance.
• Five years of management experience and deep expertise in compliance within the gaming industry are essential.
• Experience within multiple gaming regulatory jurisdictions preferred.

• Preferred casino experience with opening new casino operations.

Other Duties:

• 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 obligations and activities are subject to change at any time with or without notice.

Required Experience:

Director