Director of Risk & Compliance

Reporting to the Chief Legal Officer, the Director of Risk and Compliance will be responsible for directing and enhancing the design and execution related to key areas of risk to the organization including AML, sanctions, and fraud and related policies and escalation protocols to meet all regulatory commitments.

Responsibilities

• Establishes and maintains AML and UDAAP policies and procedures.
• Maintain records documenting findings and recommendations and track corrective action.
• Monitors activity and takes appropriate action to identify and mitigate fraud and suspicious activity.
• Communicates actions and recommendations with internal departments, gaming operators, and issuing banks as appropriate.
• Resolve and respond to consumer and regulatory complaints in a timely manner
• Initiate disputes against non-compliant debt transactions to recover losses.
• Administers risk management tools and collaborate with Information Security team to enhance capabilities related to cyber-enabled crime incidents and determine SAR filing requirements.
• Review marketing and collateral to ensure compliance with all banking and regulatory standards.
• Establishes a working relationship with prepaid platform fraud team to review trends, establish action plans, and enhance system alerts.
• Provides monthly and periodic bank level reports per bank requirements.
• Provides quarterly reporting for company Board of Director meetings.
• Coordinate external audits.
• Deliver required AML and Risk compliance training for new employees and annual refresher.
• Assists with maintaining Bank relationship with respect to reporting trends, incidents that warrant reporting, action plans and related effectiveness.
• Submits fraud related activity to the appropriate law enforcement authorities.
• Respond to law enforcement inquiries including subpoenas.
• Submits Suspicious Activity Reports and Currency Transaction Reports to FinCEN.
• Conduct customer due diligence (KYC) and assist with diligence of new casino partners.

Requirements

• 5+ years in an issuer or payment services risk management role or gaming related AML role
• Bachelor's degree and CAMS certified
• Proven leadership with high integrity standards
• Self-started and have the ability to thrive in ever-changing environment
• Familiarity with prepaid products a plus
• Experience in filing Suspicious Activity Reports
• Experience with Lexis Nexis services
• Experience in working with State and Federal law enforcement related to fraud reporting
• Excellent written and oral communication skills is required
• Proficient with Microsoft Office applications, particularly Excel
• Ability to learn and navigate new systems and organize data appropriately
• Available for moderate travel

Benefits

This role is offering a base salary in the range of $150,000-$170,000 annually, depending on experience. The top end of the range will be reserved for candidates with a strong gaming system operations and payment processing background. There is the potential to earn up to an additional 20% annually in bonus. Our benefits start on the 1st of the month after the start date and include unlimited PTO, up to a 3% match on 401K contributions, paid parental leave, and a robust health benefits package with 90% of the employee portion covered.

Additional Notes

Sightline Payments (“Sightline”) is the recognized industry leader in innovative cashless gaming solutions and has placed dozens of programs supporting multiple gaming verticals in the United States. Our Play+ solution offers players a truly cashless gaming experience with complete flexibility for how they elect to manage and spend their funds. We offer flexible integration choices to meet our client’s operating environment and preferred user experience, support communications with multiple gaming systems, and manage all aspects of our program from conception to ongoing program success. We are rapidly growing company that is positioned to meet the challenges of an evolving gaming ecosystem market.

Our environment is entrepreneurial and fast-paced. Individual and creative contributions to our company objectives are highly encouraged and recognized. There will be an abundance of opportunities to develop new skills and to benefit from interaction with an experienced leadership team.