Head of Regulations Hollywoodbets Durban, KwaZulu-Natal
دوام كامل
في Info Desk
في
South Africa
نُشرت يوم September 7, 2024
تفاصيل الوظيفة
Head of Regulations Hollywoodbets Durban, KwaZulu-Natal Permanent Closing Date 21 September 2024
Job Details Division: Hollywoodbets Business Unit: Other Roles Minimum experience: Associate Company primary industry: Gambling and Casinos Job functional area: Business Analyst Job Description Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge. Join our Team and let’s reach for the stars. We have an amazing opportunity for a Head of Regulations. Do you think you have what it takes to be our newest Purple Star? The Head of Regulations will lead and manage the Anti-Money Laundering (AML) department, ensuring the effective implementation and execution of AML initiatives. This role is responsible for overseeing and enhancing regulatory compliance with relevant legislations, providing strategic direction, and ensuring adherence to regulatory requirements. The primary focus is on executing the business strategy concerning the enhancement and implementation of the Risk Management and Compliance Program (RMCP) to effectively manage Anti-Money Laundering, Countering the Financing of Terrorism, and Sanctions compliance. With Hollywoodbets You Will:- Innovate and create as part of a like-minded, authentic Team eager to achieve goals.
- Embrace challenges and the thrill of working in a vibrant and fast-paced industry.
- Grow with our development plans and culture that allows you to further your career.
- 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
- 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.
- 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 collaboration between departments to implement effective KYC and AML procedures.
- Understand all internal and external (regulatory) reporting requirements.
- Enhance 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.
- Represent the Group with respect to AML/CTF controls in internal, external, and regulatory audits and onsite examinations.
- 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.
- Set performance goals, conduct performance evaluations, and address any performance issues within the team.
- Provide leadership which helps the various teams fulfill its regulatory requirements.
- Ensure effective communication within the team and across other departments.
- Create and implement 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.
- Report suspicious behavior and fraud findings immediately.
- Stay updated with changes in the relevant industry and changes to relevant Acts/Regulations.
- Source new products/innovations/robotics/artificial intelligence/predictive analysis.
- Assist with company projects or lead company projects as allocated.
- Drive continuous improvement initiatives based on industry best practices and regulatory updates.
- 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
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