Job Description
This
position is responsible for Title 31 Compliance 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.
Reports
to: Compliance Officer
Salary: $942.45 weekly/ $47,580 annually
- 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 patron’s 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.
- ·Must be proficient in Microsoft
Word, Excel, 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 30 days
bestbet is a
drug free workplace.
Job Tags
Work at office, Monday to Friday,