Vice President, Financial Crime Prevention General Commercial Gaming Regulatory Authority - GCGRA

Job Description

As the VP, Financial Crime Prevention in GCGRA, your primary responsibility is to oversee and manage all aspects of financial crime prevention within the gaming industry. You will play a critical role in safeguarding the integrity of the gaming sector by implementing robust anti-money laundering (AML), counter-terrorist financing (CTF), and other financial crime prevention measures. Your expertise in financial crime prevention, regulatory compliance, and risk management will be essential in maintaining a secure and transparent gaming environment.

Responsibilities

• Develop and implement a comprehensive financial crime prevention strategy aligned with regulatory objectives and priorities.
• Establish policies, procedures, and controls to prevent money laundering, fraud, and other financial crimes within the gaming industry.
• Ensure compliance with AML and CTF regulations and requirements.
• Develop and maintain AML / CTF programs specific to the gaming industry, including customer due diligence (CDD), transaction monitoring, and suspicious activity reporting (SAR).
• Implement risk management strategies and controls to mitigate risks and conduct risk assessments to identify vulnerabilities.
• Prepare reports, maintain records, and document activities related to financial crime prevention, including risk assessments and compliance findings.
• Monitor and evaluate the effectiveness of AML / CTF controls and recommend improvements.
• Stay updated on emerging financial crime trends, typologies, and regulatory developments.
• Develop and deliver training programs to raise awareness and knowledge of financial crime prevention among gaming operators, licensees, and regulatory staff.
• Provide guidance to gaming operators and licensees regarding AML / CTF obligations and best practices.
• Develop guidance related to bylaws, keeping abreast of federal and international laws.
• Collaborate with other functions, providing technical expertise and support as needed.
• Report to various national committees and government entities as required.

Qualifications

About Us

The General Commercial Gaming Regulatory Authority (GCGRA) is the federal agency responsible for regulating and overseeing commercial gaming in the UAE. We aim to promote sustainable growth by fostering world-class gaming operations and implementing efficient regulation based on principles of integrity, innovation, and responsibility.

Headquartered in Abu Dhabi and established by Federal Law by Decree, GCGRA holds exclusive jurisdiction to regulate, license, and supervise all commercial gaming activities and facilities in the UAE.

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