AML Investigator

MGM Resorts International; Las Vegas (NV); On-site; USD 30,000 - 42,000; Full time

Benefits offered by this job

Wellness incentives

Discounts on hotel/food/entertainment

Free parking

Job summary

MGM Resorts International seeks an AML Investigator in Las Vegas to ensure adherence to Bank Secrecy Act and BSA/AML laws. You will conduct due diligence, review Know-Your-Customer considerations, and assess potential money laundering risks as part of a cross-functional Compliance team.

The role requires 2+ years in related fields and 3+ years in audit or similar areas, with a preference for resort/gaming experience.

Qualifications

• High School Diploma or GED required.
• 2+ years of prior relevant experience.
• 3+ years of prior relevant experience in Audit or related field preferred.
• Experience in a resort/gaming environment preferred.

Responsibilities

• Perform AML/BSA investigations to assess customer activity.
• Validate ownership and sources of funds/wealth for casino customers.
• Draft SAR narratives and review suspicious activity with management.
• Coordinate with Compliance and Operations teams and communicate findings.

Job description

Las Vegas, Nevada

The SHOW comes alive at MGM Resorts International

Have you ever wondered what it would be like to work in a place full of excitement, diversity, and entertainment? Are you enthusiastic about being a team player in one of the most fascinating industries in the world? At MGM Resorts, we seek individuals like YOU to create unique and show-stopping experiences for our guests.

THE JOB:

The primary responsibility of the AML Investigator is to become an integral resource for the MGM Resorts community as it relates to adherence to the Bank Secrecy Act, Anti-Money Laundering (BSA/AML) laws and regulations. Under the direction of Compliance management, the AML Investigator is responsible for ensuring strict adherence to the Company’s policies as well as federal/state regulatory requirements, with a focus on comprehensive AML/BSA investigations and Know-Your-Customer (KYC) reviews.

The AML Investigator is responsible for conducting due diligence reviews on casino customers to identify potential Anti-Money Laundering (AML) and Source of Funds (SOF) concerns that may present a legal, regulatory, or reputational risk to the Company.

THE STARTING RATE

$25.97 hourly

THE DAY-TO-DAY:

• Perform investigations utilizing all available information and resources to assess and analyze records relating to negative news such as criminal arrests, indictments, convictions, civil litigation, regulatory actions and bankruptcies.
• Validate business ownership, property ownership, proprietary Company records, and related information to ascertain customer’s Source of Funds (SOF)/Source of Wealth (SOW).
• Use critical thinking skills to draw a conclusion on whether a customer’s SOF/SOW is commensurate with their overall gaming activity.
• Evaluate any potential suspicious activity and /or money laundering risks posed by a customer and draft Suspicious Activity Report (SAR) narratives to clearly describe the investigation results to management.
• Conduct thorough and timely investigations and demonstrate findings to Compliance management.
• Establish and maintain working relationships with all levels of staff in the Compliance Department and with operational departments.
• Directly communicate with customers, marketing executives, operations staff, and senior management to request information to satisfy AML/BSA compliance requirements.
• Maintain a current knowledge of Bank Secrecy Act and related anti-money laundering and OFAC regulations. Maintain strict confidentiality.
• Assists in subpoena production for the department as directed by Compliance management.
• Attend all scheduled training and staff meetings and conferences.
• Adapt quickly and effectively to procedural changes and new system implementations.
• Any additional job duties as deemed necessary and assigned by Compliance management.

THE IDEAL CANDIDATE:

• Has a High School Diploma or GED
• Have 2+ Years of prior relevant experience
• Have 3+ Years of prior relevant experience in Audit or related field - Preferred
• Experience working in similar resort/gaming environment - Preferred

THE PERKS & BENEFITS:

• Wellness incentive programs to help you stay healthy physically and mentally
• Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
• Free parking on and off shift
• Health & Income Protection benefits (for eligible employees)
• Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community

VIEW JOB DESCRIPTION:

https://mgmresorts.marketpayjobs.com/ShowJob.aspx?EntityID=2&jobcode=12940

Are you ready to JOIN THE SHOW?