COMPLIANCE MANAGER – LOTTERIES AND GAMING BOARD 237 views

VACANCY 

LOTTERIES AND GAMING BOARD

Established in terms of the Lotteries and Gaming Act [Chapter 10:26]

VACANCY NOTICE
POSITION: COMPLIANCE MANAGER
REPORTING TO: CHIEF EXECUTIVE OFFICER

Job Responsibilities:

The Compliance Manager is responsible for:

• Ensuring Licensees and Operators comply with legislation namely the Lotteries and Gaming Act [Chapter 10:26] as well as regulations, in particular Section 58 of the act or its successor and the Money Laundering and Proceeds of Crime Act [Chapter 9:24].

• Undertaking and managing regulatory inspections.

• Assessment of returns submitted by operators.

• Inspecting the premises, equipment and all means used for the purposes of conducting lotteries and gaming business to ensure compliance with rules and regulations.

• Assisting the operators with the correct interpretation of the provisions of the operating licence(s).

• Liaison with law enforcement agents, Financial Intelligence Unit and other stakeholders on instructions from the Secretary.

• Development of oversight on policies and regulatory standards.

• Compiling reports of all examinations and inspections conducted within two days of the examination or inspection.

• Identifying, preventing, monitoring, and resolving compliance risks and issues.

• Developing, reviewing, and updating company policies and procedures.

• Implementing and managing effective legal compliance programs.

• Advising management and stakeholders on compliance matters and best practices.

• Upgrading compliance program standards and supporting management and executives by providing legal, policy and compliance advice.

• Maintaining critical data related regulatory compliance.

• Ensuring the board complies with regulations and policies.

• Carrying any other tasks as directed by the Chief Executive Officer.

Job Requirements

• A Degree in Risk Management, Business Management, Law or equivalent.

• A post graduate qualification will be an added advantage.

• More than 5 years managerial position, computer knowledge and experience in Risk.

• Appreciation of the gaming industry.

• Knowledge of Anti Money Laundering/Counter Financing of Terrorism.

• A clean Class 4 driver’s licence.

• Salary scale will be disclosed to shortlisted candidates only.