Compliance Manager – Online Gaming

Title: Compliance Manager – Online Gaming

State Role Title: 

Hiring Range: $98,561 -$128,465.00

Pay Band: UG

Agency: Virginia Lottery

Location: Virginia Lottery

Agency Website: www.valottery.com

Recruitment Type: General Public – G

Job Duties

For greater than 34 years, the Virginia Lottery has been constructing a tremendous group dedicated to progress and giving again – and having enjoyable whereas doing it. Operating completely on income from sport gross sales, fairly than tax {dollars}, the Virginia Lottery generates greater than $2.0 million per day for Virginia’s Ok-12 public colleges. The Virginia Lottery additionally licenses and regulates on line casino gaming and cellular sports activities betting.

The Virginia Lottery, an impartial state company, is presently searching for a Compliance Manager – Online Gaming to hitch its Gaming Compliance Department.

The Compliance Manager – Online Gaming is liable for overseeing and making certain that sports activities betting operators licensed within the Commonwealth of Virginia adjust to all relevant state and federal legal guidelines, rules, and insurance policies. This function entails monitoring sports activities betting operator actions, conducting compliance opinions, implementing compliance requirements, and collaborating with inner and exterior stakeholders to keep up the integrity and legality of sports activities betting operations in Virginia.
• Provide regulatory compliance oversight to make sure all licensed sports activities betting operators adhere to Virginia’s sports activities betting legal guidelines, rules, and insurance policies.
• Perform opinions and inspections together with planning, conducting, and overseeing compliance opinions and inspections of sports activities betting operators to confirm adherence to regulatory necessities, together with licensing, inner controls, shopper safety, and accountable playing requirements.
• Monitor and report on operator actions, together with dangers associated to make use of of promoting, knowledge safety, and anti-money laundering (AML) practices. Prepare reviews on compliance standing for Gaming Compliance management.
• Investigate potential violations of rules, suggest corrective actions, and coordinate enforcement measures, as vital.
• Ensure stakeholder collaboration by working with sports activities betting operators, legislation enforcement, authorized counsel, and different state businesses to deal with compliance points and guarantee regulatory alignment.
• Develop and ship coaching packages for operators and Gaming Compliance workers on regulatory necessities, compliance obligations, and rising developments in sports activities betting.
• Perform an annual danger evaluation to determine and assess compliance dangers related to sports activities betting operations and suggest mitigation methods to guard customers and the integrity of the business.
• Maintain correct data of compliance actions, findings, and enforcement actions in accordance with gaming compliance requirements.
• Monitor regulatory updates by staying knowledgeable of modifications in state and federal legal guidelines, business requirements, and technological developments affecting sports activities betting, and advise on vital changes to compliance packages.
Sports Betting Compliance Reporting
• Prepares any relevant paperwork and supply to Gaming Compliance management in help of findings, conclusions and proposals.
• Prepares reporting and presents data to the Director of Audit and Virginia Lottery Executives concerning enforcement investigations and important incidents.
• Prepares standing reviews and compiles statistical data as requested by administration.
Policy and Planning Administration
• Assists within the growth and implementation of insurance policies and procedures to make sure operational effectivity inside the sports activities betting compliance program and ensures actions are carried out in compliance with relevant legal guidelines, rules, insurance policies, and finest practices.
• Makes operational, system, or coverage suggestions to the Director of Audit to successfully accomplish the mission of the division.
• Maintains proficiency in utilizing all assigned databases and different assets.
• Effectively researches out there knowledge and compiles findings in response to investigative and/or administrative inquiries.
• Represents the company in official proceedings.
Personnel Management and Supervision
• Conducts periodic coaching and workers conferences to maintain different Gaming Compliance workers up to date on key compliance actions.
• Maintains efficient communications with others in Gaming Compliance to facilitate well timed dissemination and alternate of knowledge and to foster collaborative teamwork.

Minimum Qualifications

• Considerable data of state legal guidelines and rules governing sports activities betting within the Commonwealth of Virginia.
• Considerable data of superior investigative rules and strategies.
• Demonstrated capacity to work independently whereas additionally having the ability to coordinate with stakeholders in Gaming Compliance.
• Excellent communication (oral and written) expertise.
• Acute management and interpersonal expertise.
• Ability to construct efficient working relationships with various teams of individuals and officers.
• Proficient in desktop functions corresponding to, however not restricted to, Microsoft Word, Excel, and PowerPoint, and automatic databases.
• Ability to obviously doc findings, put together administration reviews, and make logical and sound choices in vital, complicated, and altering conditions.
• Ability to develop and doc procedures to create an environment friendly and efficient workflow.
• Demonstrated capacity to successfully deal with a number of priorities and /or competing duties and obligations and meet established deadlines; and readily adapt to organizational and operational modifications.
• Ability to keep up the utmost integrity, persuasiveness, and diplomacy in discussing controversial material.
• Demonstrated capacity to successfully cope with stress and get better shortly from setbacks.

Additional Considerations

Bachelor’s Degree from an accredited 4-year faculty or college in legislation, enterprise administration, finance, legal justice or a associated subject is required. Advanced diploma or certifications (e.g., Certified Compliance & Ethics Professional) most popular.
Minimum of 5 years of supervisory and administration expertise together with expertise within the gaming business and/or as a gaming regulator.

Ensure acceptable actions are taken relative to sports activities betting regulatory necessities for the Virginia Lottery and sports activities betting operations.
Monitor the event and each day actions of the sports activities betting compliance program and make suggestions to areas recognized as needing corrective motion.
Routinely assess capability to make sure effectivity and productiveness.
Ensures well timed completion of all assigned duties and investigations.

Special Instructions

You shall be offered a affirmation of receipt when your software and/or résumé is submitted efficiently. Please check with “Your Application” in your account to verify the standing of your software for this place.

Must full Background Investigation. Valid driver’s license, with passable driving historical past. Minimal journey all through Virginia shall be required. Travel outdoors of Virginia as wanted. Telework eligible together with work at home 2 days every week.

Contact Information

Name: Human Resources

Phone: 804-692-7200

Email: N/A

In help of the Commonwealth’s dedication to inclusion, we’re encouraging people with disabilities to use by the Commonwealth Alternative Hiring Process. To be thought-about for this chance, candidates might want to present their AHP Letter (previously COD) offered by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are inspired to reply Veteran standing questions and submit their incapacity documentation, if relevant, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter may be discovered at AHP Letter or by calling DARS at 800-552-5019.

Note: Applicants who acquired a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can nonetheless use that COD as relevant documentation for the Alternative Hiring Process.