Description

Job Specification:

The Regulatory Field Officer plays a critical role in ensuring compliance with regulatory standards and enforcement of laws governing the gambling industry. Reporting to the Manager, Regulatory Compliance & Governance, the incumbent will be responsible for conducting on-site inspections, audits, and investigations of licensees of the GCCTT to verify adherence to statutory mandates and regulatory requirements.

The Regulatory Field Officer will collaborate closely with licensees, industry stakeholders, the Responsible Gaming Coordinator and the Enforcement and Investigation Department to promote responsible gambling practices, deter illicit activities, and safeguard the integrity of the gambling sector.

Key Responsibilities
Strategic

• Assist in the development and implementation of compliance strategies, policies, and procedures to strengthen regulatory oversight, mitigate risks, and promote a culture of compliance within the gambling industry.
• Collaborates with the Manager of Regulatory & Governance to constantly review applicable Legislation, Regulations, Policies and Guidance Notes; making recommendations, where necessary, to maintain relevance to the industry and effectiveness in achieving the strategic objectives of the Commission.
• Support the process for updating the units’ Standard Operating Procedures.

Operational

• Conduct routine and risk-based inspections of licensed gambling establishments to assess compliance with regulatory requirements, including but not limited to licensing conditions, operational standards, and responsible gambling guidelines in accordance with the GCC’s Guidance Notes requirements and Directives.
• Document inspection findings, observations, and compliance deficiencies accurately and comprehensively, utilizing standardized reporting formats and regulatory protocols.
• Investigate complaints, allegations of misconduct, or suspected violations of gambling laws and regulations, gather evidence through interviews, document review, and onsite observations.
• Review and analyse licensees’ operational documents (Compliance policies and Procedures Manual, Business Risk Assessments & Risk assessment methodologies) in conjunction with applicable legislations, regulations, policies, evidentiary records, or other material; identify important issues, similarities, and inconsistencies, etc. and make recommendations for policy manual changes and operationalisation of applicable legislation.
• Provide responses to enquiries related to money laundering terrorist financing and broad-based regulatory breaches in conjunction with the Manager or Regulatory Compliance and Governance, the Head Compliance & the Supervisory Authority
• Collaborate with internal departments, including legal, gaming devices, and the enforcement and investigation division, to coordinate regulatory activities, share information, and escalate enforcement actions as warranted.
• Investigate leads/reports communicated to the Commission via various entities including the Supervisory Authority, the Enforcement and Investigations department and other law enforcement agencies.
• Liaise with licensees, management personnel, and staff to address compliance issues, provide guidance on regulatory requirements, and facilitate corrective actions, as necessary.

Reporting

• Prepare reports on regulatory examinations (on and offsite), thematic studies, policies and industry surveys on regulatory effectiveness.
• Prepare detailed reports, memoranda, and correspondence summarizing inspection findings, enforcement actions, and regulatory compliance trends for submission to senior management, regulatory authorities, and other stakeholders.
• Prepares detailed monthly, quarterly, annual and ad-hoc reports regarding assessments, including risk analyses, findings, and recommendations for remedial action.
• Reports on necessary amendments to the GCC’s Guidance Notes to ensure compliance with relevant international standards and any required updates.

Qualifications and Experience

• Bachelor’s Degree in law, Management, Auditing, Forensic Accounting, Math Analytics or related discipline from a recognised institution.
• Certified Anti-Money laundering Specialist (CAMS) certification such as the Association of Certified Anti-Money Laundering Specialists (ACAMS) or certification from the International Compliance Association (ICA Intl. Diploma AML
• Minimum of two (2) years’ experience in Regulatory Compliance, Law, Management, Auditing, Forensic Accounting, Math Analytics or a related field is highly desirable.
• Understanding of Casino Operations, Amusement Gaming Operations and Betting Operations would be an asset.
• At least two (2) years’ experience in Regulatory Body or such other quasi body/financial sector.