At a Glance
- Tasks: Lead compliance initiatives and manage AML teams in a dynamic iGaming environment.
- Company: The Tote is a leading pool betting operator with nearly a century of experience in the UK.
- Benefits: Enjoy competitive salary, bonuses, shares options, and a supportive work culture with social events.
- Why this job: Join a fast-paced team focused on innovation and delivering exceptional experiences for racing fans.
- Qualifications: Experience in regulatory compliance within iGaming and strong leadership skills are essential.
- Other info: Regular onsite presence required; full training and development provided.
The predicted salary is between 43200 - 72000 £ per year.
We are looking for an experienced Regulatory Compliance Manager & MLRO to join the team where you will play a key role in helping the Tote build a sustainable and growing business. You will be responsible for ensuring the full range of multi-jurisdictional obligations are well understood across the business and will act as the designated MLRO for our UK and Alderney entities. Reporting into the Compliance Director you will be required to engage directly with our regulators, act as the key point of contact for internal stakeholders providing them with clear compliant advice and to manage the compliance and AML teams leading by example to drive performance.
We are looking for a proven practitioner with experience in a regulated iGaming compliance environment who can demonstrate a solid understanding of our industries compliance requirements and strong leadership skills. The Tote is a fast-paced growing business, so this role is ideal for an innovative self-starter who is highly motivated to deliver quality results and is confident to challenge.
What you’ll be doing:
- Own and maintain the suite of regulatory policy documentation, collaborating with Operational teams to review, update and enhance policies and processes.
- Provide timely and comprehensive compliance advice to all areas of the business and engaging collaboratively to deliver solutions.
- Lead and manage the Compliance and AML teams, ensuring effective performance, development and execution of compliance initiatives.
- Play a key role in delivering new projects and initiatives, completing initial compliance risk assessments and providing ongoing advice.
- Deal with all aspects of licensing and licensing renewals.
- Deputise for the Compliance Director at senior management meetings when required.
- Act as the appointed MLRO for both the UK and Alderney entities.
What you’ll need:
- Proven regulatory compliance experience in regulated iGaming compliance environment.
- Proven leader with a track record of successfully operating and influencing with a high performing team.
- Ability to demonstrate a solid understanding of our industries compliance requirements.
- A deep, and demonstrable understanding of the Gambling Commission's licence conditions and codes of practice and associated guidance and risk assessments.
- A confident relationship builder with a reputation for integrity and evoking rapid trust with stakeholders internally and externally.
- Qualifications/certifications in Anti Money Laundering would be desirable.
What we offer:
- At the Tote you can expect a friendly working environment with a strong sense of teamwork and pride in what we do.
- Our company benefits package includes:
- Competitive basic salary.
- Discretionary bonus scheme.
- Company shares option plan.
- Contributory pension scheme.
- Life insurance (4 x basic salary).
- Simply Health plan.
- Holiday entitlement (25 days plus bank holidays).
- Confidential 24/7 365 employee assistance helpline.
- Agile and collaborative office environment with free parking, fruit, biscuits, and drinks.
- Regular social events, charity events and volunteering opportunities.
Regulatory Compliance Manager & MLRO employer: UK Tote Group
Contact Detail:
UK Tote Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Regulatory Compliance Manager & MLRO
✨Tip Number 1
Familiarise yourself with the specific regulatory frameworks and compliance requirements in the iGaming industry. Understanding the Gambling Commission's licence conditions and codes of practice will give you a significant edge when discussing your expertise during interviews.
✨Tip Number 2
Network with professionals in the regulatory compliance field, especially those who have experience in iGaming. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends and challenges in compliance.
✨Tip Number 3
Prepare to demonstrate your leadership skills by thinking of examples where you've successfully managed teams or projects. Be ready to discuss how you can inspire and drive performance within the Compliance and AML teams at The Tote.
✨Tip Number 4
Research The Tote's recent initiatives and projects to understand their business model and values. This knowledge will help you articulate how your experience aligns with their goals and how you can contribute to their innovative approach in the betting industry.
We think you need these skills to ace Regulatory Compliance Manager & MLRO
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in regulatory compliance, particularly within the iGaming sector. Emphasise your leadership skills and any relevant qualifications or certifications in Anti Money Laundering.
Craft a Compelling Cover Letter: In your cover letter, explain why you are passionate about the role and how your background aligns with the responsibilities outlined in the job description. Mention specific examples of how you've successfully managed compliance teams or projects in the past.
Showcase Your Understanding of Compliance: Demonstrate your knowledge of the Gambling Commission's licence conditions and codes of practice in your application. This will show that you have a solid understanding of the industry's compliance requirements, which is crucial for this role.
Highlight Your Communication Skills: Since the role involves engaging with regulators and internal stakeholders, make sure to highlight your communication skills. Provide examples of how you've built relationships and provided clear, compliant advice in previous positions.
How to prepare for a job interview at UK Tote Group
✨Understand the Regulatory Landscape
Make sure you have a solid grasp of the regulatory compliance requirements specific to the iGaming industry. Familiarise yourself with the Gambling Commission's licence conditions and codes of practice, as this knowledge will be crucial during your interview.
✨Showcase Your Leadership Skills
Prepare examples that demonstrate your leadership experience, particularly in managing compliance and AML teams. Highlight how you've successfully influenced team performance and driven compliance initiatives in previous roles.
✨Engage with Real-World Scenarios
Be ready to discuss real-world compliance challenges you've faced and how you addressed them. This could include dealing with licensing issues or implementing new compliance policies. Showing your problem-solving skills will impress the interviewers.
✨Build Rapport with Stakeholders
Emphasise your ability to build relationships with both internal and external stakeholders. Prepare to discuss how you've established trust and communicated effectively with regulators and team members in past positions.