Company: Churchill Downs Incorporated
Posted on: September 23, 2022
In accordance with the overall company compliance plan, the
Director of Compliance is responsible for assisting in the process
of developing, implementing, and monitoring compliance with the
property's internal controls and standard operating procedures, so
as to ensure compliance with applicable Federal and State gaming
and non-gaming regulations. The Director of Compliance reports
directly to the Vice President & General Manager and indirectly to
the Sr. Counsel - Corporate Compliance Officer.
In working as the (Bank Secrecy Act) BSA Officer, has
responsibility for the overall administration of the AML Compliance
Program. The BSA Officer will also fulfill the role of OFAC
Officer. The BSA Officer shall provide internal controls and
written operation procedures to the appropriate PID departments and
personnel. The BSA Officer is responsible for carrying out the
direction of the CDI management and ensuring that employees adhere
to the CDI AML Compliance Program.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other
duties may be assigned.
- Functions as a liaison between the Company and the PA Gaming
Control Board and/or its designees.
- Communicates with the Pennsylvania State Police and the PA
Liquor Control Board as appropriate.
- Conduct research of operational, compliance related issues and
process any self-reporting incidents to the PA Gaming Control
- Respond to written notices, audit findings, and submit gaming
rules, internal controls, standard operating procedures, exhibits,
and compendiums for regulatory approval when required.
- Provide property specific support in managing the regulatory
affairs of the company.
- Reviews individual department internal controls, standard
operating procedures, and supporting exhibits to ensure they are
appropriate and in accordance with the aforementioned regulations.
This department serves as the depository for these
- Updates master copies of company internal controls, standard
operating procedures, and supporting exhibits as they are presented
by the individual departments and/or Executive Management staff.
Coordinate updates affecting other departments when changes
- Researches applicable laws, regulations and rules to provide
operational support to Executive and Departmental Managers and to
alert Executive Management to regulatory violations for
- When notified by Marketing of new PA Gaming Control Board
exclusions, exclusion removals, exclusion updates, self-exclusions,
self-exclusion removals, and self-exclusion updates, ensure
activity is properly inputted in the player tracking
- The BSA Officer or designee will formulate, implement, monitor,
and track all training.
- The BSA Officer is responsible for documenting the annual AML
Risk Assessment process.
- The BSA Officer is responsible for CTRs (including any
amendments), supported by the research to report the CTRs conducted
- The BSA Officer will investigate and retrieve all applicable
documentation when a Report of Unusual Activity ("RUA") is received
from team members, review with the AML Committee, and files all
SARs that the AML Committee votes to file.
- The BSA Officer conducts Enhanced Due Diligence on a quarterly
basis, based on risk-based directives from CDI. The results are
reviewed with the AML Committee for any applicable
- Prepare applicable reports, schedules, and related for the
Compliance Committee of the Board of Directors.
- Provide assistance in data compilation to corporate for
- Functions as property liaison to the corporate office on
compliance and related legal matters.
- Confidentiality and strong ethical standards are a
- May issue a complimentary in accordance with the approved comp
To perform this job successfully, an individual must be able to
perform each essential duty satisfactorily. The requirements listed
below are representative of the knowledge, skill, and/or ability
required. Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential
Bachelor's degree in a business or related field required. Prior
gaming industry experience in a highly regulated environment
Ability to read and interpret documents such policies, procedures,
internal controls and governmental regulations. Ability to write
reports, correspondence and procedures. Ability to effectively
communicate information and respond to questions from managers,
regulators and the general public.
Ability to accurately calculate figures and amounts and perform
mathematical functions according to business needs.
Ability to define problems, collect data, establish facts and draw
valid conclusions. Ability to interpret and follow through on a
variety of instructions furnished in written, oral, diagram or
Must possess intermediate computer skills and have experience with
Microsoft Office products (Excel, Word, PowerPoint and
CERTIFICATES AND LICENSES
Must be able to obtain and maintain appropriate licensing from the
Pennsylvania Gaming Control Board.
This position will supervise the Compliance department.
The work environment characteristics described here are
representative of those an associate encounters while performing
the essential functions of this job. Reasonable accommodations may
be made to enable individuals with disabilities to perform the
When working in the office, the noise level is moderately quiet.
When on the casino floor, the noise level is loud and the employee
will be exposed to cigarette smoke on the casino floor.
The physical demands described here are representative of those
that must be met by an associate to successfully perform the
essential functions of this job. Reasonable accommodations may be
made to enable individuals with disabilities to perform the
The employee is regularly required to stand; speak; hear; used
hands; and to reach with hands and arms. The employee may
occasionally be required to sit. Specific vision abilities include
close and distance vision; color and depth perception and
peripheral vision. The employee must occasionally lift and/or move
up to ten (10) pounds.
Keywords: Churchill Downs Incorporated, Erie , Dir. Compliance, Other , Erie, Pennsylvania
Didn't find what you're looking for? Search again!