MGM Resorts International Executive Director - Title 31 Audit (Corporate) in Las Vegas, Nevada
Las Vegas, Nevada
Become one of the stars behind The SHOW and become part of the world’s most powerful entertainment brands. Our Company has one exciting mission: To entertain the human race
The Executive Director AML Audit ensures the integrity of all Federal and State Regulatory reporting related to Anti-Money Laundering/Bank Secrecy Act (AML/BSA), for 9 Las Vegas properties, and 7 Regional properties. This individual will interact with property operational departments and provide support to Compliance Directors at other regional properties. The Executive Director is responsible for overseeing the Title 31 audit department, ensuring that the audit program is relevant, effective and not stagnate. The audit department ensures that casino patrons who enter into gaming financial transactions with the licensees are in strict compliance with the respective jurisdictional requirements. The Executive Director will detect and address risk factors in the AML space and develop processes to mitigate the Company’s exposure. This position will be responsible for writing the internal controls as it relates to Title 31, Title 26 and respective State Gaming regulations. All duties are to be performed in accordance with departmental and MGM Resorts policies, practices and procedures.
PRINCIPAL DUTIES AND RESPONSIBILITIES:
Responsible for the oversight of the administration, monitoring, and on-going improvement of the Bank's Bank Secrecy Act (BSA) Program, for ensuring the company's compliance with the BSA, Anti-Money Laundering (AML) and Nevada Race & Sports Book requirements.
Oversee the review and update of the BSA/AML Risk Based Analysis and reporting procedures.
Play an integral role with IRS Examinations and other jurisdictional regulatory examinations relating to AML/BSA Compliance and serve as a liaison.
Coordinate remedial measures in response to issues raised in examinations, audits and AML failures.
Ensure that all department monitoring, investigation, data validation, reporting and record keeping functions are performed.
Evaluate the adequacy and effectiveness of procedures and internal controls relating to BSA/AML and provide strategic insight and recommend enhancements to VP US Financial Compliance as needed.
Support and participate in new technology initiatives to ensure strict compliance with the Regulatory requirements and streamline processes to ensure that AML obligations are paramount to any project.
Develop computer generated reports to assist auditors in moving away from manual processes.
Understand the intricacies of online gaming and sports wagering and share continuous improvement strategies to mitigate the company’s risk.
Assist in initial detection of Suspicious Activity Reporting and elevates data to the Financial Investigations Department.
Develop programs and methodologies to assist in the investigation of financial transactions.
Collaborate with Vice President International Compliance and Vice President US Financial Compliance with establishing financial risk- based programs for customers from geographically higher risk areas.
Perform other job-related duties as requested.
Bachelor’s Degree in Accounting, Finance, Business, technology or other related field, or equivalent education and experience
Four (4) + years in Compliance, Accounting, Finance, Legal, Technology and/or Casino Operations.
2+ Years in Audit experience
2+ Years of Management
CERTIFICATIONS, LICENSES, REGISTRATIONS:
NV Gaming Registration
Other jurisdictional Gaming Registration as may be required
Membership in Anti Money Laundering Association(s)
MGM Resorts International is an Equal Opportunity Employer: Women/Minorities/Veterans/Individuals with Disabilities. In compliance with the Americans with Disabilities Act, MGM Resorts International will provide reasonable accommodations to qualified individuals with disabilities and encourages both prospective and current employees to discuss potential accommodations with the employer.
MGM Resorts International believes in providing opportunity for every employee to grow, develop and succeed in a work environment where you can be your best. We encourage you to explore our job opportunities. If you are an individual with a disability and need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please contact our Corporate Diversity and Disability Outreach department at 1-844-247-0370 or email email@example.com
MGM Resorts International
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