Money Laundering Reporting Officer (MLRO)
The MLRO is involved in managing the AML function globally communicating at all levels internally and externally, and liaising with regulators, law enforcement and other stakeholders wherever the Business operates ensuring that statutory and regulatory requirements are met. The role involves being the Company’s “Nominated Officer” and appointment as the Money Laundering Officer. In addition, the role has responsibility for managing the investigation of unusual and suspicious betting activity and reporting where appropriate. You will be responsible for the direct supervision of the functions and requires an excellent knowledge of money laundering/terrorist financing and the potential threats and will require high attention to detail and strong communications skills. The role additionally includes responsibility for Betway Africa’s anti-bribery and corruption policy, monitoring and reporting. The role reports to the Head of Compliance of Betway Africa.
- Leadership and management of the AML Compliance functions
- Strategic planning for the team including financial management and planning of AML, CTF and B&C functions, processes and technologies
- Represent the Company at selected conferences and on projects involving external parties for AML (including presentations to the media, dignitaries, HVC’s, financial regulators, law enforcement etc.)
- Ensure the development and direct the AML strategy, including managing and maintaining the Business risk assessment
- Planning for new legislation for ensuring the development of AML, CTF and B&C policies, systems, practices and procedures
- Oversee and ensure the development and implementation of AML, CTF and B&C training, ensuring all necessary staff receive appropriate training and guidance.
- Develop and implement robust, effective and efficient audit procedures in respect of all AML related areas including electronic verification, CDD, payment monitoring and account creation
- Ensure the development of procedures to meet anti-bribery & corruption legislation
- Ensure the development of transaction monitoring tools, with clear reporting regarding high risk customers
- Minimum of 5 years’ experience in AML/Risk/Compliance
- Exceptional organisation and prioritisation skills with proven ability to create strategic plans
- A proven track record in stakeholder management and influencing skills
- Strong knowledge of regulatory frameworks and risk mitigation strategies
- Leadership qualities, including acting a role model and mentoring colleagues
- Exceptional attention to detail and accuracy, particularly in external communications
- Professional certification with an organization, such as the Association of Certified Anti-Money Laundering Specialists (ACAMS)
- Strong verbal and written communication skills, with the ability to convey complex ideas clearly and effectively
- Experience working collaboratively in cross-functional teams, with a focus on achieving shared goals
- Expertise in managing multiple projects simultaneously, with a track record of delivering on time and within scope
- Exceptional attention to detail, ensuring high standards of quality in all outputs
- Ability to adapt quickly to changing environments and priorities, maintaining effectiveness in dynamic situations
- Minimum of 5 years of prior experience in gambling, payments or financial services industry
- Project management and Business process improvement experience
- Experience of the intelligence cycle or of investigating financial crime
- Familiarity with AML issues and suspicious transaction monitoring systems
- Experience performing thorough analyses of customer information
- Experience preparing suspicious activity reports (SARs)
- Experience conducting investigations relating to AML beneficial
- Comprehensive learning and development programmes
- Innovative Performance Tool for regular, constructive feedback
- Employee Assistance programme offering a variety of benefits for you and your family
