Head of Regulations at Hollywoodbets

You Bring:

• 5 -10 years experience in financial services, banking or gambling industry
• Completed bachelor’s degree in finance, Risk, or related
• Computer Literate
• Valid driver’s license
• Own transport

What You’ll Do For The Brand:

Financial Metrics/ Operational Duties

• Identify potentially suspicious activity and safeguard the integrity of the Group;
• Oversee AML compliance with all territory legislation changes.
• Coordinate the day-to-day implementation of the Group’s financial crime prevention efforts. Including governance, oversight, and execution of the RMCP, Sanctions, Anti- Bribery and Corruption and policies and processes to ensure risk is addressed appropriately.
• Lead and supervise the Groups Anti-Money Laundering teams.
• Driving organizational change necessary to manage AML/CTF remediation projects and improvements to existing processes and system tools.
• Oversee collaborate between departments to implement effective KYC and AML procedures and ensure integration with business operations.
• Understand all internal and external (regulatory) reporting requirements;
• Enhancing overall regulatory compliance with relevant legislations, providing strategic direction, and ensuring adherence to regulatory requirements.
• Provide regular reports and insights into the status of AML/CTF compliance/non-compliance to executive and board as required, including an annual risk assessment; and
• Represent the Group with respect to AML/CTF controls in internal, external, and regulatory audits and onsite examinations.

People

• Work effectively and efficiently with teams that are committed to organizational goals and initiatives.
• Develop and mentor the teams and ensure that appropriate training is identified and successfully completed as s and when needed for team members.
• Set performance goals, conduct performance evaluations, and address any performance issues within the team
• Adequate recognition of team member efforts and motivation of team members.
• Provide leadership which helps the various teams, and the Group fulfil its regulatory requirements.
• Adhere to the principles of an ethical, honest, transparent, fair work environment
•  Ensure effective communication within the team and across other departments to foster collaboration and information sharing related to financial crime prevention.
• Conduct performance reviews of the senior managers within the teams
• Promote a culture of compliance and integrity within the team
• Compliance, risk and quality
• Creating and implementing policies, procedures, and controls to prevent and detect financial crimes within the Group

Compliance with relevant laws, regulations, and affiliated professional standards.

• Regular risk assessments and oversight of the risk register for AML/CTF risk
• Intense focus on quality with regards to communication, capturing, documentation etc.
• Oversee the saving of all work, templates, etc. monthly and yearly such that each year’s financial records can withstand scrutiny when enquiries/ investigations/audits take place.
• Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models/recons/audits - of which is substantiated by facts with no numbers in the formulas.
• Effectively deal with internal, external, SARS, BEE, FIC and any other auditor/regulatory/oversight body in the normal course of business.
• Report suspicious behavior and fraud findings immediately.
• Promote declaration of all gifts.
• Promote non acceptance of kickbacks. Instances to be reported immediately.
• Promote declaration all conflicts of interest upfront.
• Promote a culture of confidentiality within the business with regards to the protection of personal information.
• Promote the Code of Ethics (Integrity, Objectivity, Confidentiality and Competence).
• Ensure all personal information of employees, customers and suppliers and other stakeholders is not shared and is maintained in a secure environment.
• Stay updated with changes in the relevant industry and changes to relevant Acts/Regulations.

Growth and new markets/ products

• Source new products/innovations/robotics/artificial intelligence/predictive analysis/predictive analytics.
• Development of existing products/software.
• Ensure that measures are put in place and steps are taken to achieve short term, medium-term, long-term goals of the broader group.
• Assist with company projects or lead company projects as allocated from time to time.
• Drive continuous improvement initiatives based on industry best practices and regulatory updates.

What You’ll Bring To The Team:

• Strong communication skills
• Interactive and engaging presentation style
• Ability to facilitate workshops
• High energy level
• Strong sense of personal accountability
• Good sense of customer orientation and service excellence
• Coaching skills
• Training experience
• Strong analytical abilities