Betway Group

About the job

Reporting to: Head of Financial Crime & MLRO

Department: Compliance

The Department:

The Compliance department is responsible for identifying the risks that we face and provide advice on them. We design and implement controls to protect the business from those risks and monitor and report on the effectiveness of the controls in the management of our exposure to risks. We resolve compliance difficulties as they occur and advise the business on licensing regulations, rules and controls where necessary.

Customer welfare is forever at the forefront of our strategy at Betway. We want to ensure all of our customers enjoy our products in a safe and responsible gambling environment.

Purpose of the role:

The Head of AML Verifications and Payments is a key member of the AML leadership team and will manage the verifications (including electronic and manual verification, customer due diligence and third-party due diligence), watchlist screening and payments areas within the Betway AML team. The role has responsibility for providing relevant, accurate and timely advice to the business as well as other key stakeholders. The role holder will communicate at all levels internally and as required, externally with regulators, third party vendors and other stakeholders wherever the business operates ensuring that statutory and regulatory requirements are met. The role is responsible for all aspects of customer and third-party risk rating and maintenance of the country risk methodology, in line with business appetite and jurisdictional requirements. The role holder will lead on the oversight and assessment of payment methods, including risk rating and initial and ongoing due diligence.

You will be responsible for:

Managing and leading a team of AML Analysts and Managers
Maintaining and overseeing the end-to-end watchlist screening (PEPs, Sanctions and Adverse Media) lifecycle, ensuring system effectiveness and delivery of a robust alert screening process
Leading the delivery of the technology roadmap as it relates to verifications and risk assessments (customer and third-party)
Oversight of the AML Programme regarding Verifications (electronic and manual), from systems and controls to policies and procedures
Oversight of the AML Programme regarding Banking and Payments, from systems and controls to policies and procedures
Deputising for the Head of Financial Crime when necessary
Supporting delivery of the company-wide AML/CTF Risk Assessment
Development and maintenance of Customer Risk Rating solution for AML/CTF purposes
Planning for new legislation and supporting business expansion into new markets
Delivering accurate and effective management information on system and control performance, making recommendations for improvement where necessary
Vendor relationship management in relation to system reviews, reporting, contracts and budgeting
Actioning of remediation exercises post carried-out internal and external audits
Planning, execution and communication of specific Financial Crime-related projects

This job description is not intended to be an exhaustive list of responsibilities. The job holder may be required to complete any other reasonable duties in order to achieve business objectives.

You will have (Essential skills):

Experience in gambling, payments or financial services industry practices and professional standards
Proven track record of leading Customer Due Diligence Programmes
Ability to recommend and lead change to and on behalf of senior management
Strong knowledge and experience of the AML and Sanctions regulatory requirements covering UK, EU and North America
Exceptional organisation and prioritisation skills with proven ability to create strategic plans
Excellent communicator, both written and verbal including experience with external vendors and regulators
Experienced leader, including acting as a role model and mentoring colleagues
Exceptional attention to detail and accuracy
All behavioural competencies are also essential

It would be a bonus if you also had (Desirable skills):

Professional qualifications such as the ICA Diploma in AML or equivalent (e.g. ACAMS)
Project management and business process improvement experience
Experience of the intelligence cycle or of investigating financial crime
A second European language ideally German, Spanish or Italian

Behavioural Competencies:

Our culture is underpinned by core values that are linked to key behavioural competencies. Along with the below behavioural competencies, these are essential for all employees in order for you to embed in and drive our culture forward. These competencies are Adaptability, Ownership & Accountability, Initiating Action, Resilience, Customer Orientation, Integrity and Innovation

Professional and can-do attitude
Gravitas to present to and influence senior internal and external stakeholders
Process driven
Approachable manner
Resilient and assertive
Excellent attention to detail & accuracy
Ability to think out of the box, and able to find innovative solutions to problems
Proven ability to use and apply critical thinking and make sound decisions about customer and business risk
Ability to effectively and consistently complete a high volume of tasks to the highest standards
Ability to prioritise multiple tasks and bring tasks to completion within established timeframes

Our Perks: