AML Specialist (Anti-Money Laundering)

View full description

Requirements:

• Bachelor's degree in Finance, Accounting, or a related field required; Master's degree preferred.
• Minimum of 3 years of progressive experience in financial management or compliance, preferably within the betting or gaming industry.
• Demonstrated experience designing and implementing an AML/CFT framework, including conducting Business Risk Assessments, developing controls, and embedding them into policy.
• Experience designing and delivering AML/CFT training programs.
• Extensive AML subject matter expertise and knowledge of best practices.
• In-depth knowledge of Brazilian AML laws and regulations, including experience dealing with COAF (or its equivalent) and other regulatory authorities.
• Experience reporting SARs (Suspicious Activity Reports).
• Is fluent in English and Portuguese
• Strong analytical and problem-solving skills with meticulous attention to detail.
• Excellent communication and interpersonal skills, enabling effective collaboration with diverse stakeholders.
• Ability to organize and analyze complex datasets.
• Ability to work effectively under pressure and handle sensitive information with discretion.
• Certification or training in anti-money laundering (AML) or financial compliance is highly desirable.

Responsibilities:

• Oversee and maintain the AML/CFT framework for the Brazilian business, ensuring alignment with local regulations and global best practices.
• Conduct and maintain the AML/CFT business risk assessment, developing and implementing appropriate risk-based controls.
• Develop and implement AML policies, processes, and procedures that comply with Brazilian money laundering regulations.
• Make final decisions on all external reporting of suspicious activity.
• Approve PEPs (Politically Exposed Persons) and make decisions regarding the continuance of business relationships with higher-risk customers.
• Provide AML subject matter expertise and guidance to the wider Brazil business, collaborating with internal stakeholders (commercial, AFC operations, risk, product, regulatory compliance teams).
• Identify audit requirements and oversee internal/external AML audits, ensuring timely closure of any findings.
• Standardize reporting requirements, including statistics (SARs, AML closures, etc.) and overall trends and issues for the Brazilian business. Prepare detailed reports on financial activity for management and regulatory authorities.
• Oversee the development and delivery of AML training programs for the Brazilian business.
• Represent the company at conferences, trade bodies, and with the Brazilian gambling regulator.
• Stay current with money laundering and terrorist financing behaviors, issues, policies, regulations, criminal typologies, industry best practices, and developing trends in all relevant jurisdictions. Monitor and analyze financial transactions to detect and report suspicious activities.