Head of AML

About us:

Betty is an innovative entertainment company pioneering at the intersection of real money online casino and casual mobile gaming. Accredited by the Alcohol and Gaming Commission of Ontario (AGCO) as a B2C operator in February 2023, we've set a new standard in the industry. Our mission is to redefine the online casino experience by offering a uniquely transparent environment where players can relax, unwind, and enjoy themselves safely. We are committed to accessibility, fairness, and inclusivity, fostering a community of like-minded individuals who value ethical gaming practices and prioritize our players' safety and enjoyment above everything else.

Our Values:

• We are honest - we value honesty in all aspects.


• Bring the Olives - we offer premium customer experience.


• Think Big - we believe in always striving for more.

Job Summary:

The Head of AML is a critical role responsible for developing, implementing, and overseeing the company's Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) program. This role ensures the company's compliance with all applicable AML/CTF regulations and standards, mitigates financial crime risks, and fosters a culture of compliance throughout the organization. The Head of AML will lead a team of AML professionals, provide expert guidance, and act as the primary point of contact for regulatory authorities and internal stakeholders on AML/CTF matters.

Key Responsibilities:

Program Development and Implementation:

• Develop, implement, and maintain a comprehensive AML/CTF program that aligns with regulatory requirements and industry best practices.


• Establish and update AML/CTF policies, procedures, and controls.


• Conduct regular risk assessments to identify and evaluate AML/CTF risks.


• Implement and oversee customer due diligence (CDD), enhanced due diligence (EDD), and know-your-customer (KYC) processes.


• Develop and implement transaction monitoring systems and processes.


• Establish and maintain a suspicious activity reporting (SAR) process.

Compliance Oversight:

• Ensure compliance with all applicable AML/CTF laws, regulations, and guidelines, including FINTRAC.


• Monitor and interpret regulatory changes and updates, and implement necessary adjustments to the AML/CTF program.


• Prepare and submit regulatory reports as required.


• Respond to regulatory inquiries and examinations.

Team Leadership and Management:

• Lead, mentor, and develop a team of AML professionals.


• Assign tasks, set performance objectives, and provide regular feedback.


• Foster a collaborative and high-performing team environment.

Training and Awareness:

• Develop and deliver AML/CTF training programs for employees at all levels.


• Promote a culture of AML/CTF awareness and compliance throughout the organization.


• Provide ongoing guidance and support to employees on AML/CTF matters.

Stakeholder Management:

• Act as the primary point of contact for regulatory authorities on AML/CTF matters.


• Collaborate with internal stakeholders, including compliance, risk, and operations teams.


• Build and maintain relationships with external stakeholders, such as financial institutions and law enforcement agencies.

Technology and Systems:

• Oversee the implementation and maintenance of AML/CTF technology solutions.


• Evaluate and recommend new technologies to enhance AML/CTF capabilities.

Requirements:

• Bachelor's degree in finance, business, law, or a related field (Master's degree preferred).


• 5 years of experience in AML/CTF compliance, preferably in the Gaming industry.


• Extensive knowledge of AML/CTF laws, regulations, and guidelines.


• Strong understanding of financial crime risks and mitigation strategies.


• Proven experience in developing and implementing AML/CTF programs.


• Excellent leadership, communication, and interpersonal skills.


• Strong analytical and problem-solving skills.


• Relevant certifications (e.g., CAMS, ACAMS, ICA) are highly desirable.


• Experience with transaction monitoring systems.


• Experience in SAR writing.

What we offer:

• Competitive salary


• Premium Health insurance


• Career and skills development opportunities


• Fun and collaborative team environment


• New modern office space