Money Laundering Reporting Officer

Description:

BettingJobs is pleased to partner with a prominent iGaming operator in their search for a Money Laundering Reporting Officer (MLRO) to join their expanding team in Toronto, Ontario. This opportunity offers a chance to play a key leadership role within a dynamic and fast-growing organization that now boasts over 2,500 employees across 16 countries.

The MLRO will be responsible for implementing, maintaining, and improving anti-money laundering (AML) and counter-financing of terrorism (CFT) practices across the organization’s Canadian and Latin American operations. This position demands a high level of regulatory awareness, strategic oversight, and cross-functional collaboration. Spanish language fluency is a mandatory requirement for this role due to the operational coverage across LATAM markets.

Key Responsibilities:

• Develop and maintain the ML/TF (money laundering/terrorist financing) prevention manual tailored to regulatory standards and organizational objectives.

• Implement and oversee the ML/TF prevention system, including policies, Client Due Diligence (CDD), transaction monitoring, alerts handling, and risk mitigation.

• Draft and propose the annual AML work plan to the Board and prepare comprehensive reports on AML performance and issues.

• Notify the Board about internal audits and external review findings concerning compliance.

• Collaborate with senior leadership across the organization to evaluate compliance risks and prioritize resources accordingly.

• Manage the internal and external suspicious activity reporting (SAR) processes, ensuring prompt and accurate submissions.

• Act as the primary liaison with the Financial Intelligence Unit (FIU) and respond swiftly to regulatory information requests.

• Design, execute, and regularly update the AML training plan while maintaining proper compliance tracking records.

• Ensure all AML/CFT processes comply with the most recent guidelines and expectations from the FIU and regulators.

• Support compliance efforts related to product/service launches and maintain continuous alignment with regulatory frameworks.

• Work cross-functionally across departments to ensure internal AML/CFT policy adherence.

Requirements:

• Bachelor’s degree required; Master’s degree or relevant AML certification (e.g., ICA, ACAMS) preferred.

• At least 3 years of direct experience working as an MLRO.

• Proven leadership and team management experience, preferably in the global iGaming industry or a similar high-risk sector.

• Strong command of AML practices, methodologies, and risk indicators specific to gaming or high-transaction industries.

• Excellent analytical thinking and investigative capabilities, with high-level written and verbal communication skills.

• Effective workload management, organizational skills, and strong attention to detail.

• Fluency in both English and Spanish is required to serve both Canadian and Latin American market segments.

• Deep knowledge of financial crime frameworks, AML/CFT regulatory environments, and compliance program design.

• Demonstrated ability to make well-informed decisions using complex, often incomplete, data.