Compliance Specialist, Finance & Banking

Introduction Overview

We’re always looking for talent that believes in having fun. At PENN Entertainment, you’ll get to be a part of an exciting industry, where the days and nights are fast paced. You’ll work with an incredibly diverse set of coworkers driven by their enthusiasm for helping people find and have more fun. You’ll also get to work at a company that cares about your career growth and will help you get the support you need to expand your possibilities.

Initial placement within the salary range is based on an individual's relevant knowledge, skills, and experience. Base salary is just one component of our competitive Total Rewards package, which includes wellness programs designed to support our team members' financial, physical, and mental well-being. Specific benefits—such as day-one medical coverage, 401(k) matching, and annual performance bonus—may vary by position. Paid time off is earned according to the local policy and increases with the length of employment.

to discover how we empower team members to grow, thrive, and advance in their careers.

• Daily interpretations and enforcements of federally mandated reporting requirements of the Code of Federal Regulations (CFR) relating to the Bank Secrecy Act (BSA) and Financial Crimes Enforcement Network (FinCEN).
• Minimizes regulatory risk of IRS fines and penalties by maintaining the Title 31 Compliance program to ensure accurate capturing of currency transactions, effective daily audits of all Title 31 paperwork, and timely filing of all Currency Transaction Reports by Casino (CTRC) and Suspicious Activity Reports by Casino (SARC) to the IRS and FinCEN, respectively, as required by federal law.
• Continual development and improvement of the Title 31 Compliance Program, to include ongoing evaluation of departmental procedures, training materials, and system capabilities of capturing cash-in and cash-out transactions.
• Ability to work independently and objectively while exhibiting sound discretion when researching and interpreting federal requirements, scrutinizing data, and/or seeking resolution of Title 31 issues.
• Ability to thoroughly investigate suspicious activities ensuring the most complete and detailed narrative of events are reported in a timely manner to FinCEN.
• Conducts routine assessments of the property’s Responsible Gaming efforts to ensure compliance with the American Gaming Associations Code of Conduct and the Louisiana Compulsive Gambling Division, reporting any identified failures to the Compliance Manager.
• Assists with compliance-related investigations and audits as assigned by the Compliance Manager.
• Completes special projects as assigned by the Compliance Manager and recommend improvement and/or corrective actions as necessary.
• Maintains strict confidentiality regarding all matters related to the Compliance department including areas governed by the company's Compliance Program.
• Maintain the Disassociated Persons (DAP) Database and corresponding files and programs.
• Perform follow-ups with departments regarding internal Audit findings to ensure that the issues identified are addressed in a timely fashion.
• Maintain strict control over the sensitive key inventory and perform maintenance in regard to the electronic key access system.
• Maintain and organize subpoenas and provide necessary information to legal team.

WORKING CONDITIONS/

ESSENTIAL FUNCTIONS:

• Ability to communicate effectively with all levels of employees and outside contacts.
• Ability to review, comprehend and respond to all requirements of Sarbanes-Oxley, Title 31 and LA Regulation Title 42.
• Ability to review, comprehend and respond to all departmental documentation.
• Ability to review, understand, or prepare financial statements of various types.
• Ability to use a computer, keyboard, and calculator.
• Ability to draft correspondence to LA State Police and respond to audit findings.

JOB QUALIFICATIONS:

• Must be able to write detailed reports.
• Ability to perform complex mathematical and financial analysis.
• Ability to make strong oral and written presentations.
• Obtain and maintain valid state gaming license.
• Working knowledge of Microsoft Office suite required. Includes Word, Excel, and Outlook.
• These skills are typically acquired through a bachelor’s degree in business or accounting, including the completion of the accounting, finance, and business courses. Three years’ related experience with one year in the Hotel/Casino industry preferred.