Job Description
This position is
responsible for Title 31 Compliance program day-to-day activity including CTR
and SAR documentation, investigation, review, reporting, and filing; assist in training
of all company personnel and assisting the Compliance Officer in preparing
materials, as needed to fulfill their role.
- Collect manual and system sourced documentation as it
relates to Title 31.
- Review daily reports of cash transactions, suspicious
activity and supporting documentation for completeness and accuracy. Issue Title 31 Exception Notices for
instances of non-compliance and ensure corrective actions are performed to
facilitate compliance.
- Entry of all patron information, W-2G, W-9, 1099.
- Entry of MTL’s into the in-house AML database.
- Maintenance of in-house AML database.
- Investigate
transactions for missing or additional information needed.
- Perform complex technical, analytical, and
detail-oriented work relating to gaming records, activities as well as
gaming patterns of patrons to ascertain whether the activity meets
regulatory and internal policy criteria for possible suspicious activity reporting
- Gathers, and analyzes information from multiple
systems, including but not limited to; credit card advances, check cashing
systems, Multiple Transaction Logs, and in-house database.
- Perform research using a commercial database to assess
records relating to criminal arrests, indictments, convictions, civil
litigation, regulatory actions, bankruptcies, business ownership, property
ownership, negative news information, and related information. Employees
will assess this information in relation to a patrons gaming and
transaction activity to evaluate any potential suspicious activity and/or
money laundering risk posed by patron.
- Performs research using open source (internet) and
social media sites to obtain information relevant to a patron’s level of
gaming and transaction activity. Investigate Suspicious Incident
Reports (SIRs) received from the gaming floor to assess whether the
activity involves potential money laundering, terrorist financing or other
related illicit activity.
- Investigations will range in complexity. Some may
require minimal due diligence pertaining to the specific activity while
others may involve complex source of funds investigations involving
enhanced due diligence procedures and exercise of sound judgment in
recommendations to the Compliance Officer.
- Review CTRs timely and accurately for filing with
FinCEN.
- Prepares detailed investigative reports to the
Compliance Officer which provide a recommendation as to whether a patrons
gaming or transactional activity is suspicious and requiring a SAR filing
or if a No-SAR determination is more appropriate. The recommendation
will be based on an assessment of internal gaming data sources, external
commercial data sources, internet, and other sources. The
recommendation will involve an analytical assessment of all available
information and the exercise of judgment that includes a description of
their reason(s) for recommended courses of action.
- Under the direction of the
Compliance Officer, prepare SARs including narratives for filing.
- Assist with OFAC, KYC, CDD, and EDD reviews
- Collaborate with other gaming departments to obtain and
maintain information to complete suspicious activity monitoring.
- Conduct data analysis and other investigation
techniques for reportable activities.
- Prepare training materials for training classes. Assist in administering Title 31
training.
- Attend
required company training and meetings.
- Must
maintain the strictest confidence of any and all confidential information.
Qualifications:
- Knowledge of Bank Secrecy Act
regulations and Title 31 compliance reporting and filing preferred but not
required.
- Excellent written and verbal
communication skills.
- Proficient in Microsoft Access, Word,
Excel, PowerPoint, and Outlook.
- Ability to comprehend regulatory and
reporting standards and requirements.
- Must be able to work in a fast-paced
environment with frequent interruptions.
- Must be willing to work in office
Monday - Friday
- Travel may be required.
Benefits:
• Cafeteria plan offered after 60 days
• 401K enrollment after one year
bestbet is a drug free workplace.
Job Tags
Monday to Friday,