MGM Resorts International
Grade: 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 10 Las Vegas properties, and 4 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 31audit 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.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 requirementsOversee the review and update of the BSA/AML Risk Based Analysis and reporting proceduresPlay an integral role with IRS Examinations and other jurisdictional regulatory examinations relating to AML/BSA Compliance and serve as a liaisonCoordinate remedial measures in response to issues raised in examinations, audits and AML failuresCreate and maintain a work environment that promotes client service, teamwork, performance feedback, individual recognition, mutual respect, and employee satisfaction ensuring quality hiring, training, and succession planning processes that encompass the company’s diversity commitmentEnsure that all department monitoring, investigation, data validation, reporting and recordkeeping functions are performedEvaluate the adequacy and effectiveness of procedures and internal controls relating to BSA/AML and provide strategic insight and recommend enhancements to VP Compliance as neededSupport 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 projectDevelop computer generated reports to assist auditors in moving away from manual processesUnderstand the intricacies of online gaming and sports wagering and share continuous improvement strategies to mitigate the company’s riskAssist in initial detection of Suspicious Activity Reporting, and elevates data to the Financial Investigations DepartmentDevelop programs and methodologies to assist in the investigation of financial transactionsCollaborate with Vice President International Compliance and Vice President Compliance with establishing financial risk based programs for customers from geographically higher risk areasOther job related duties as requested\r
Required: Bachelor’s Degree in Accounting, Finance, Business, technology or other related field, or equivalent education and experienceEight (8) Years in Compliance, Accounting, Finance, Legal, Technology and/or Casino Operations\r
Preferred:MBABi-Lingual2 Years in Audit experience2 Years of Management
MGM Resorts International
Website : http://www.mgmresorts.com/
The resorts and casinos of MGM Resorts International™ are some of the most famous in the world. Our 23 destinations are renowned for their winning combination of quality entertainment, luxurious facilities and exceptional customer service. We are actively expanding our presence globally, with potential developments in a number of domestic and international markets. At MGM Resorts International, we are all striving together to deliver an enticing blend of entertainment to every corner of the world. Many of our resorts are located in Las Vegas. Las Vegas features three of the largest convention centers in the U.S., spectacular entertainment, attractions, shopping and world-famous resorts. Whether dancing fountains, incredible stage productions, casino action, museums or natural attractions such as Lake Mead, Vegas offers something for everyone. A stroll down our streets takes you around the globe, with recreations like climbing to the top of the Eiffel Tower or taking a Venetian gondola ride. From shimmering resort pools and spa rejuvenation to nonstop nightlife, Las Vegas promises an unforgettable career destination.