Compliance Officer

Hove, East Sussex
Competitive + Benefits
21 Sep 2016
19 Oct 2016
Clerical, Data , Legal
Contract Type
Full Time

Reports to: Head of Compliance

Purpose of the Role: To assist the Head of Compliance with all matters relating to compliance.

Key Responsibilities:

  • Conducting ongoing risk assessments of the Company processes and procedures in light of various legal regulatory and operational requirements.
  • Assisting the Head of Compliance in implementing various policies and procedures, to ensure that business activities are conducted in conformity with all applicable laws and regulations.
  • Challenging existing practices and procedures, and making recommendations in accordance with industry best practice.
  • Working alongside Head of Compliance to ensure effective communications with local and foreign regulators and legal bodies.
  • Liaising with other companies, service providers, external legal advisors, local government, regulatory authorities (local and foreign) and relevant service providers in various jurisdictions, as and when required.
  • Assisting with the development of compliance training and protocols.
  • Preparing regular and ad hoc reports with respect to regulatory requirements and developments.
  • Assisting with the preparation of compliance documentation for statutory, legal and regulatory purposes.
  • Assisting with audits as and when required.
  • Drafting responses to queries and investigations conducted by various official bodies.
  • Providing guidance and training in business-wide compliance policies and procedures, laws and regulations applicable to the business.
  • Proactively raising awareness of compliance risks throughout the business.
  • Working in partnership with other key stakeholders in the business, to ensure full adherence with the Company‚Äôs policies and procedures.

Other responsibilities:

  • Keeping abreast of professional knowledge by participating in training, maintaining personal networks and studying developments within the industry.
  • Escalating issues to Head of Compliance as appropriate.
  • Undertaking other reasonable duties as instructed by senior management.

Required Skills and Abilities:

  • Experience in dealing with compliance matters within a regulated environment.
  • Ability to update and review regulatory documents.    
  • Strong working knowledge of various areas of compliance and the ability to apply these to real life situations.
  • Experience of dealing with regulators, licensing bodies and other relevant third parties.
  • Excellent prioritising skills, ability to multi-task and work under pressure.
  • Proactive and results-driven approach.
  • Excellent written and spoken communication skills in English.
  • Ability to explain complex compliance issues to employees from other departments in a clear and concise way.

Desirable Skills and Abilities:

  • Experience in managing regulatory relationships.
  • Experience of working in the online gaming and betting industry (not essential).
  • Bachelor's degree or equivalent through experience.