Head of Risk and Compliance (Fixed Term Contract)

Title: Head of Risk & Compliance - Fixed Term Contract

Reporting to: General Counsel

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Responsibilities:

• ​Provide leadership & direction to the business in respect of best practice in Risk, Compliance and Anti Money Laundering
• Be the external point of contact on risk and compliance matters with stakeholders, auditors and regulators (UKGC, AGCC)
• Be the internal point of contact for regulatory advice, guidance and queries
• Ensure the Three Lines of Defence Model is maintained and continuously improved
• Provide strong leadership and effective management of the existing highly motivated team, ensuring they are prepared to meet the demands of an ever-changing and high growth business environment
• Lead and promote a top class compliance culture and framework throughout the group, promoting values & behaviours, ensuring each function within the business fully complies with licensing and regulatory requirements
• Take ownership of the following sectors of the business; Regulatory contact and reporting, policies and procedures, AML (Fraud, KYC, EDD, Customer Risk Assessment), Responsible Gambling, Compliance risk assessment/register, Compliance Committee, Compliance complaints, Compliance monitoring (internal audit), maintain the internal control system (ICS) document, training, payments and data protection
• Report to the General Counsel and Compliance Committee, any key findings and recommendations on all Risk & Compliance matters via regular reporting
• Be the lead person on the Compliance Committee, ensuring agendas, reports and minutes are maintained and interact with the independent chairperson
• Monitor & implement new regulatory guidance, identify compliance requirements, update/create policies and procedures and liaise with all levels of management and the Compliance Committee to address and establish controls as needed
• Continually assess systems via compliance monitoring to improve the controls environment, identify areas of the business where there may be a risk of non-compliance and develop projects to implement remedial plans
• Where appropriate, help manage third party relationships and share best practice with them to facilitate compliance with licensing and regulatory requirements

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Skills and Personal Attributes:

• ​Strong relationship skills and the ability to work collaboratively
• Decisiveness and an ability to explain and communicate decisions to a range of audiences at Board level, Compliance Committee, Compliance team and colleagues in other departments
• The ability to make significant decisions in the face of uncertainty/ambiguity
• The ability to influence both peers and the wider organisation whilst maintaining a cohesive dynamic team
• A positive enthusiastic individual who is capable of managing their own workload notwithstanding competing priorities, and who responds well to change
• Commercially minded
• A meticulous approach with an eye for detail

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Experience:

The ideal candidate will:

• Have a minimum of 4+ years experience in Risk and Compliance
• Have comprehensive knowledge of gaming regulatory frameworks (UKGC), KYC, EDD, AML, Data Protection, and other areas relevant to the online gaming industry
• Have had or currently have a working relationship with a regulator
• Have reported to senior leadership / board level
• Have led a team to help in the delivery of the risk and compliance objectives
• Be experienced in identifying the risk of fraud and the means for detection, investigation and prevention
• Have an understanding of the Three Lines of Defence model, risk management, risk registers, controls and governance
• Hold a regulatory licence (e.g. a personal management licence issued by the UK Gambling Commission is desirable)

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Xanadu Consultancy Ltd is an equal opportunities employer.