AML Investigator

J  o  b    D  e  s  c  r  i  p  t  i  o  n

Job Profile Title:

AML Investigator

Job Code:

12940

Business_Title

AML Investigator

Profile Title:

12940 AML Investigator

Grade / Band:

09

FLSA Status:

Non-Exempt

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.

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

Performs other job-related duties as requested

Proof of eligibility to work in the United States

High School Diploma or GED

Required

2+ Years of Prior Relevant Experience

Required

3+ Years of Prior Relevant Experience

Audit or related field

Preferred

Experience working in similar resort/gaming environment

Preferred

Ability to reason logically and creatively and use a variety of analytical techniques to resolve issues in a timely manner

Knowledgeable in the subject matter of CFR Chapter X (Title 31) and Title 26, Regulation 22 reporting requirements and related Bank Secrecy Act Regulations

Understands casino oprations including, but not limited to table Games, Slots, Race and Sports and Cage departments

Ability to learn various computer systems quickly 

Able to make decisions and work independently

Proficient with Microsoft Suite products

Excellent organizational skills to function reasonably under time contraints and within established deadlines with attention to detail

Must be able to manage numerous projects simultaneously at various stages of development

Must have interpersonal skills to deal effectively with all business partners

Interpersonal skills to deal effectively with all business contacts

Professional appearance and demeanor

Strong written and verbal communication skills in English

Balancing

X

Bending

X

Carrying 10 pounds

X

40

Clear speech - simple

X

Clear speech - complex

X

Climbing

X

Distant vision

X

Driving

X

Flexibility - upper body

X

Flexibility - lower body

X

Hearing/Listening

X

Kneeling

X

Lifting 10 pounds

X

Near vision

X

Normal vision

X

Pushing/Pulling

X

Reaching

X

Sitting

X

Standing

X

Typing

X

Walking

X

Communication - verbal

X

Communication - written

X

Confined area

X

Contacts - works alone

X

Contacts - works around others

X

Contacts - works with others

X

Exposure to dust / dirt

X

Exposure to fumes / odors

X

Extreme cold

X

Extreme heat

X

Fast pace

X

Hazardous conditions - chemicals

X

Hazardous conditions - high structures

X

Hazardous conditions - high voltage

X

Indoors

X

Noise levels - low to moderate

X

Noise levels - high

X

Office conditions

X

Outdoors

X

Restricted area

X

Shifts

X

Smoke

X

Travel

X

Wet/Humid

X

Analytical

X

Clerical

X

Comprehension

X

Crisis incidents

X

Customer service

X

Decision making

X

High pressure

X

Judgment

X

Long hours

X

Math skills - advance

X

Math skills - basic

X

Organization

X

Reading - simple

X

Reading - complex

X

Repetition

X

Tight deadlines

X

Writing - simple

X

Writing - complex

X