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.
Betty.ca, a scale-up company, is hiring in Sofia, Bulgaria an experienced Head of AML to become part of our growing Compliance team!
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