Senior Compliance Specialist

at  OLG

66,400.00 - 99,600.00 CAD

Job Description:
Senior Compliance Specialist
GAME ON – OLG needs you
We’ve said GAME ON, and we mean it – OLG is rapidly transforming its organization to better serve Ontarians by delivering great gaming experiences through our digital, retail lottery, and land-based gaming channels. Over the course of fiscal 2022-23, OLG delivered a record $2.5 billion in net profit to the Province of Ontario. OLG is now expanding our horizons even further, with a new strategic direction, to become a world class gaming entertainment leader with a globally admired digital platform.
We are ready to take this game to the next level and need a passionate Senior Compliance Specialist to be accountable for developing and executing activities under the Ethics and Compliance Framework (ECF) related to monitoring and reporting of regulatory compliance. Specifically, the Senior Compliance Specialist will discharge risk-based monitoring and oversight responsibilities for core regulatory obligations, and proactively advise Business Management on regulatory risk, control effectiveness, achievement of compliance outcomes.

Reporting to the Manager Compliance Governance, you will be empowered to:

• Be accountable for core compliance activities for assigned portfolio under OLG’s Ethics and Compliance Framework
• Conduct regulatory compliance risk assessments for assigned portfolio to generate compliance risk profiles and insights
• Prepare the annual risk-based compliance oversight plan for assigned portfolio which highlights monitoring and testing activities addressing key regulatory compliance risks
• Review and effectively challenge policies, procedures and controls developed by Business Areas and Service Providers to ensure adequacy in addressing core regulatory obligations
• Execute compliance monitoring & testing plan for assigned portfolio to report on Business Areas and Service Providers adherence to applicable regulatory requirements and related control effectiveness
• Engage with partners in Business and Shared Services to discuss regulatory risks, trends, and mitigation strategies. This engagement includes reviewing regulatory reports and analyzing other data available from Business Areas and Service Providers to highlight actual or potential instances of non-compliance
• Monitor compliance and regulatory audit issues and evaluate sufficiency of remediation plans for assigned portfolio to ensure risk mitigation is within acceptable tolerances
• Facilitate, deliver and/or organize compliance related training for Business, Compliance staff, and Service Providers to promote compliance and create awareness of regulatory trends / developments
• Prepare periodic compliance reporting to inform on state of compliance for OLG and assigned portfolio
• Liaise with regulators on regulatory matters / audits and/or advise Business and Shared Services in their interaction with regulators