Director of Regulatory Compliance

Salary: $100,000 - $150,000 | Location: Chicago
Reference: dvm|13362

Director of Regulatory Compliance

Located in Chicago or Cherry Hill, the Director of Regulatory Compliance will be responsible for overseeing and developing all aspects of regulatory compliance. This position will work closely with real money online casinos & sportsbooks and other web gaming products. You will report to the President, and work closely with various leaders at different levels of the company, including the local compliance managers.
Our client has a long-term focus and goal to be one of the leading iGaming and Sportsbook operators and suppliers in the Americas; and they are looking for the right candidate to grow with them and help them achieve this goal.
Who are you?
• You have an entrepreneurial spirit and the ability to perform efficiently in a fast-paced environment that requires balancing many tasks simultaneously. You can keep tasks organized and prioritize accordingly.
• You are practical. You are versatile. You take initiative and get things done.
• You are motivated by making a positive impact on the business. You enjoy finding the right balance.
• You are comfortable with delegating & overseeing, you give necessary freedom yet keep everyone accountable.
• You either have an interest in and background of working for technology companies
• You excel at articulating complex concepts in a simple fashion to all types of audiences.
• You are an enthusiastic collaborator who is honest and transparent in all interactions and actions.
• You have strong integrity and demonstrate ethical behavior at all times.
What will you do?
• Regulations & regulatory relationships
o Own RSI regulatory compliance & regulator relationships. Serve as a liaison between RSI and industry regulators with respect to a variety of legal and regulatory matters.
o Keep informed of emerging regulatory issues, trends, and other developments which could impact RSI associated operations.
o Stay abreast of changes to federal and state laws and gaming regulations affecting RSI management, operations, technology and product offerings.


• Licensing
o Own all aspects of licensing related to expansion into additional jurisdictions, maintenance of appropriate licensing & renewals, including but not limited to company, officers, employees and vendors licensing.
• Compliance
o Partner with RSI teams to champion the creation, maintenance, execution and updating of a corporate compliance program, including compliance policies.
o Oversee operations compliance and ensure timely creation and revisions of internal controls for gaming, marketing and other gaming related activities.
o Provide ongoing compliance support, training, and recommendations to operations leadership with all RSI affiliated operations and business partners.
o Support engineering to ensure all products desired to be deployed at RSI have been developed and remain operating in a manner consistent with regulatory requirements in both technical and internal control aspects.
o Oversee and ensure relevant policies and procedures remain current and are followed.
o Coordinate with all relevant stakeholders an as-needed basis to address legal/compliance issues.
• Inquiries, complaints and filings
o Evaluate regulatory inquiries, complaints, and filings, for actual and potential monetary, legal and reputational risk exposure and assess whether particular inquires require escalation to management, the firm’s legal function, or other stakeholders.
o Perform detailed investigations and analysis of subject matter, coordinate with internal business partners at all levels, and draft timely, thorough, and accurate written communications to industry regulators in response to regulatory inquires, customer complaints filed with regulators, and disciplinary actions.
o Evaluate potential compliance issues or other deficiencies and drive remediation efforts as needed. Achieve pragmatic solutions, keeping in mind stakeholder needs.
• AML
o Own and oversee company-wide AML and other regulatory requirements, compliance programs, continuously and consistently improve internal controls, training operations personnel, and conducting oversight of operations regulatory personnel.
o Serve as liaison between RSI and IRS and FinCEN.
o Oversee compliance with all SAR, CTR, KYC, PATRIOT Act and other Federal legal requirements.
• Miscellaneous
o Support Data Protection Officer in areas of data privacy & GDPR.
o Support RSI’s Sports Integrity Monitoring membership in SWIMMA
o Performs all other duties as assigned.


The Ideal Candidate Has
• At least five years of compliance experience in the iGaming or Sportsbook industry across the Americas.
• Strong working knowledge of gaming Internal Control procedures.
• At least 2 years’ experience in an AML environment.
• Excellent communication skills, both oral and written.
• Strong interpersonal skills with the ability to communicate effectively people of different backgrounds and levels of experience.
• Excellent problem solving and analytical thinking / innovation skills.
• Exceptional time management and multi-tasking skills.
• Must be able to obtain and maintain gaming certification or license, as required.
• Ability to work and live in the United States. This means you are a US citizen, Greencard holder or unaided work permit holder. The company is not able to sponsor for a work visa.
Culture
You will have an opportunity to make a positive impact on a fast-growing iGaming business by shaping and leading compliant regulatory compliance function spanning across all levels of the company. You will work with smart, driven people who value fun, service, integrity, and respect.
Our client is one of the only companies in the Americas that has invested in developing and owning a proprietary online gaming platform, which demonstrates a serious level of commitment to iGaming and a strategic focus on product differentiation in this fast growing and emerging industry. They nurture a lean, ROI oriented business model while focusing on hiring and keeping the best available talent and are well positioned to enlarge the businesses as new countries/states legalize and regulate online gaming, a critical point to make as they will only enter markets that are 100% legal and regulated.

Vacancy search: