Title 31 Compliance Specialist

Grand Casino Mille Lacs; Onamia (MN); Hybrid; USD 70,000 - 100,000; Full time

Benefits offered by this job

Health benefits

401k

Tuition reimbursement

Birthday gifts

Anniversary gifts

Parental leave

Job summary

Grand Casino Mille Lacs in Onamia, MN is seeking a Title 31 Compliance Specialist to ensure BSA/AML compliance, monitor CTR/SAR reporting, and conduct KYC/CDD investigations. You will review source of funds, maintain records, and support regulatory examinations while collaborating with finance and operations.

The role offers a hybrid work environment, with opportunities to contribute to audits and policy development while advancing in a federally regulated gaming setting.

Qualifications

• High school diploma or GED required.
• 2 years in finance/accounting or 5 years in casino operations.
• Strong knowledge of BSA/AML regulations and best practices.
• Must be able to obtain license from Gaming Regulatory Authority (GRA).
• Mille Lacs Band Member and American Indian preference exercised in hiring.

Responsibilities

• Monitor CTR/SAR reporting to FinCEN compliance standards.
• Perform CDD and KYC checks for customers and transactions.
• Investigate source of income (SOI) for suspicious activity.
• Maintain detailed records of reviewed transactions for audits.
• Ensure CTRs and SARs are properly completed and retained.
• Collaborate with finance and operations on AML policies.
• Prepare SARs for upper management submission when needed.

Skills

Analytical skills

Investigative skills

Communication skills

Independent work

Microsoft Office

General ledger

Education

High school diploma or GED

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

The Opportunity

The Title 31 Compliance Specialist plays a critical role in ensuring the casino's compliance with Bank Secrecy Act (BSA) regulations and Anti-Money Laundering (AML) guidelines. This role focuses on monitoring, detecting, and reporting suspicious activities, ensuring customer due diligence (CDD) and know your customer (KYC) requirements are met, and investigating the source of income (SOI) for transactions that may indicate illicit activity.

What you get to do

• Examine financial transactions to ensure they comply with the Currency Transaction Report (CTR) and Suspicious Activity Report (SAR) requirements.
• Identify transactions that meet specific criteria requiring reporting to the Financial Crimes Enforcement Network (FinCEN).
• Maintain detailed records of all reviewed transactions, ensuring that documentation is accurate, complete, and readily available for potential audits or regulatory examinations.
• Ensure that all necessary forms, such as CTRs and SARs, are properly completed, filed, and retained as per regulatory guidelines.
• Monitor casino transactions and activities for any unusual patterns or behaviors that may indicate money laundering, fraud, or other illicit activities.
• Conduct thorough investigations of flagged transactions or activities to determine their legitimacy.
• Prepare SARs for upper management to file with FinCEN when necessary.
• Collect and verify customer information to ensure compliance with CDD requirements.
• Continuously monitor customer transactions and relationships for any changes or inconsistencies that may require enhanced due diligence.
• Maintain updated customer records and documentation to support KYC and CDD processes.
• Use KYC procedures to identify and verify the identity of casino patrons and other customers.
• Review and validate customer identification documents, such as identification cards, passports, and W9s.
• Ensure that KYC procedures are followed during customer onboarding and ongoing monitoring processes.
• Investigate and analyze the source of funds used in significant or suspicious transactions.
• Review financial statements, bank records, and other relevant documentation to verify the legitimacy of customers' income sources.
• Identify and report any discrepancies or red flags related to the source of funds, ensuring compliance with AML regulations.
• Collaborate with internal departments, such as finance, and operations, to ensure consistent application of BSA/AML policies and procedures.
• Work with others in department and cross property when needed on projects, daily audits, and any other responsibilities needed.
• Communicate findings, recommendations, and updates to Title 31 Compliance Officer.
• Participate in internal and external audits, examinations, and reviews related to BSA/AML compliance.
• Perform other departmental duties as assigned to contribute to the overall success and efficiency of the team.

What We Look for In a Person

• Serves and develops others by building relationships.
• Fosters an inclusive workplace where inclusion and individual differences are valued.
• Collaborates across boundaries to achieve common goals.
• Aligns organizational objectives and practices with Mille Lacs Band traditions or interests as appropriate.
• Sets direction and influences others to translate vision into action.
• Demonstrates drive for continued personal and professional growth.

What We Offer You

• We have a fun, energetic personality and are adventurous, creative, and open minded.
• We strive to lead through our seven (7) values in all that we do. (Wisdom, Love, Respect, Truth, Humility, Bravery, and Honesty).
• Our foundation of Servant Leadership is a philosophy that embodies and fosters empowerment, decision-making and engagement across all levels of the organization.
• We are a career accelerant, which means developing our Associates is one of our main priorities.
• We provide a space for Associates and others to bring who they are to work and impart a sense of purpose.
• A variety of competitively priced health benefits and supplemental insurances, parental leave, 401k, tuition reimbursement, birthday, and anniversary gifts.

What Qualifies You

• Minimum of a high school diploma or GED required.
• Two (2) years of experience in finance, accounting, business administration, or five years in casino operations.
• Strong understanding of Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations, guidelines, and best practices.
• Must be able to secure license from Gaming Regulatory Authority (GRA).
• Responsible for following all relevant Detailed Gaming Regulations (DGR's).
• Mille Lacs Band Member and American Indian preference will be exercised in the hiring process.

Must Have Skills

• Excellent proficiency in Microsoft Office Suite (Word, Excel, Outlook) and general ledger applications.
• Strong analytical, investigative, and problem-solving skills.
• Excellent written and verbal communication skills with interpersonal effectiveness.
• Ability to work independently and collaboratively in a fast-paced environment.
• Exceptional attention to detail and accuracy in documentation and reporting.

Work Environment

• Hybrid

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