Regulatory Compliance Manager LatAm

Be part of a ground-breaking company in the regulated online gambling market! We are an important operator in LatAm and are looking for the best and brightest talent to assist in business lines including online sportsbooks and online casinos.

Brief Overview
Manage and oversee regulatory compliance, ensuring that all operations adhere to local and regional regulations, focusing on anti-money laundering prevention, transparency, responsible gaming, and technical compliance. Implement robust policies and procedures to ensure a safe and legal gaming environment across all Latin American markets.

 

Key Responsibilities:

• Stay updated on laws and regulations related to gambling and betting in Latin American countries where we operate and provide structured feedback to regulators and internal teams.
• Conduct GAP analysis of applicable regulations and coordinate teams to fill the GAPs.
• Responsible for filing periodic reports as requested by regulatory entities and facilitating external audits by providing necessary documentation and support to demonstrate regulatory compliance. 
• Review documentation for investigations conducted on potential money laundering or problem gambling behaviors.
• Perform analysis and ensure compliance with suspicious activity reporting guidelines.
• Coordinate with internal areas to support regulatory technical requirements.
• Work closely with technology, marketing, and operations departments to ensure effective implementation of compliance policies.
• Be aware of responsible gaming, transparency, money laundering, and terrorist financing trends, and apply them to company processes.
• Address deficiencies and ensure compliance with applicable regulations.
• Review, develop, and implement policies and procedures to ensure compliance with local and regional regulations. 
• Coordinate, supervise, and support compliance-related programs such as training, compliance testing, and reporting.
• Support the Compliance Officer in the regulatory compliance program applicable by law.
• Design, program, and coordinate elements of AML, transparency, and responsible gaming programs, including training plans, with adequate documentary evidence of the performance of such activities.
• Observe policies and comply with the code of conduct, operational procedures, guidelines, etc., of the Employer and/or its parent company.
• Make recommendations for enhancing company systems, controls, and processes.

Qualifications:

• Bachelor’s degree in law, finance, administration, or equivalent with strong aptitude and relevant experience.
• More than 5 years experience in regulatory compliance, AML risks, due diligence processes, and experience working with regulatory entities.
• Fluent in English (written & spoken).
• Previous experience in compliance and regulatory roles in the gambling and gaming industry (desirable not required).
• In-depth knowledge of gambling laws and regulations in Latin American countries (desirable not required).
• Certifications or training in compliance and anti-money laundering prevention are highly valued.

Key Skills and Competencies:

• Proven experience in implementing compliance programs.
• Project management skills and ability to identify and address compliance needs.
• Strong analytical skills and ability to make informed decisions.
• Excellent problem-solving skills and ability to provide useful and efficient counsel.
• Excellent communication skills and ability to work effectively in a cross-functional environment.
• Ability to manage multiple projects simultaneously and on time.
• Ability to work in a fast-paced global organization, maintaining close contact with teams across multiple locations.
• Good understanding of performing risk assessments.
• Proactive, diligent team player.

Performance Expectations:

• Ensure full compliance with local and regional Latin American gaming industry regulations.
• Develop and implement effective strategies to prevent money laundering across all operations.
• Achieve positive outcomes in internal and external audits, demonstrating compliance and effectiveness of internal controls.
• Maintain effective collaboration with key departments to ensure successful implementation of compliance policies.
• Implement a proactive monitoring system and generate regular reports on the status of compliance and anti-money laundering prevention.
• Ensure continuous staff training on compliance policies and procedures.

 

Company Culture: You will have the opportunity to immediately impact the profitability of a growing iGaming business. You will be free to innovate and create. You will work with smart, driven people who value fun, service, integrity, and respect. 

We are one of the only companies in the Americas that has invested in developing and owning a proprietary online gaming platform. This demonstrates a severe commitment to iGaming and a strategic focus on product differentiation in this fast-growing and emerging industry. We nurture a lean, ROI-oriented business model while focusing on hiring and keeping the best available talent. We are well positioned to enlarge our B2C business as new countries/states legalize and regulate online gaming, a critical point to make as we will only enter markets that are 100% legal and regulated.

Work Environment: The position is located in Bogotá, Colombia, with a hybrid work model that includes occasional travel.

Compensation and Benefits: Competitive compensation package (based on experience)