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Vice President, Cage and Credit

Mar 29, 2022

Summary Under the direction of the Senior Vice President of Finance, the Vice President of Cage and Credit develops strategic plans and policies, directs and coordinates high volume activities, and manages the execution of tasks for various projects of the Cage Operations Department. This role oversees the ongoing Cage and Credit operations, and contributes to the development, implementation and maintenance of systems, procedures and policies. The Vice President of Cage and Credit uses enterprise knowledge and advanced skills to understand strategic value and relevance of concepts within the enterprise, while prioritizing the safeguarding of assets.
Essential Duties & Responsibilities
 

Estimated % of Time
1 Develops and implements results-driven strategic planning and execution by establishing department goals, objectives, and providing direction, guidance, and support to ensure the successful operation of the Cage Operations Department. Develops short term and long term strategic business plans that support enterprise initiatives for the Casino, enhances quality and service, associated costs, employee development, retention strategies, and employee productivity benchmarks. Directs and monitors fiscal budget, operations of assigned department(s) and marketing strategies to produce both short-term and long-term profitability. Supervises and partners with the Director of Cage and Credit on development and implementation of the strategic operations in the Cage and Credit Department. 20%
2 Establishes and monitors the Credit team’s compliance with all regulatory and internal control policies and procedures. Leads a culture of responsibility for safety, quality, and guest confidentiality, while enforcing an industry-leading standard in product and service quality, and execution throughout all areas in accordance to company standards and expectations (while ensuring best in class scores for all inspections). Ultimately responsible for the development of sound and efficient operating procedures and reports in compliance with all applicable rules and regulations; providing for the security and accountability of casino assets. 10%
3 Establishes process and strategy efficiencies in the casino credit process. Participates as a member of the Credit Committee and is responsible for setting, monitoring and collecting customer credit accounts, issuing credit and collection/credit debt. 10%
4 Participates with other VP leaders in the formulation and execution of enterprise-wide projects and initiatives that adds value to the enterprise and differentiates the enterprise from the competition as an industry leader. Facilitates open communication and collaboration with cross-divisional teams; focusing on continuous improvement efforts in alignment with company goals and objectives; encourages teamwork within and outside of the department in order to create an exceptional guest experience and build a culture of teamwork, unity, and high performance. Leads the delivery and measurement of guest services consistent with the enterprise’s core service standards and brand attributes. 15%
5 Provides input into the research, development, evaluation and implementation of new products, services, technology and processes to ensure the enterprise’s competitive position. Maintains occupational knowledge and skills by conducting research, attending seminars, educational workshops, classes, and conferences. 10%
6 Leads, directs and develops Cage Operations Department management. Drives results through staff professional development and appropriate training programs that monitor results through evaluation, inspection, and analysis. Works closely with department management and Human Resources to resolve employee conflicts. 5%
7 Oversees the team’s knowledge of fraud prevention and credit frauds. Maintains training and certifications applicable to the Cage Operations team members and ensures all training, regulatory, inventory, and team member documentation is complete and up to date. Provides technical guidance and assists with various projects as assigned. 10%
8 Responsible for credit making decisions that are in accordance with casino policy. Participates in external audits, internal audits and other oversight activities. Ultimately responsible for compliance with applicable federal, state, and tribal regulatory and gaming internal control standards, including the effective implementation of all Title 31 and anti-money laundering regulatory requirements such as currency transaction reporting, suspicious activity reporting, and “know your customer” requirements. 10%
9 Oversees guest service standards, which are consistent with the enterprise’s standards and brand attributes, responds to and resolves guest and/or team member complaints in a timely manner, and creatively resolves issues with the ability to anticipate, recognize, evaluate, and determine best practice solutions in order to prevent future potential difficulties. 5%
10 Performs other duties as assigned to support the efficient operation of the department. 5%
  100%
Supervisory Responsibilities
  • Carries out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning reviewing and directing work; evaluating and appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems.
  • Creates a work environment that promotes teamwork, performance feedback, recognition, mutual respect and team member satisfaction, quality hiring, training and succession planning processes that encompass compliance with the Casino’s policies, legal requirements.
  • Manages staff and organize department functions in accordance with casino guidelines. Responsible and accountable for the operation of Cage activities during all shifts. Ensures that all Cage and Credit team members follow Cage policies and procedures.
  • Delegates tasks and department assignments or projects, meeting deadlines related to those assignments.
  • Develops staff skills to enhance department effectiveness and manage resources to eliminate excess cost or unnecessary expenditures.
  • Coordinates scheduling, staffing, development of job descriptions and promotions. Handles issues relating to payroll and Human Resources. Appraises performance, rewards, discipline; addresses complaints and resolves problems.
  • Oversees quality hiring, training and succession planning processes that encompass the enterprise’s diversity commitment.
Education/Experience/Qualifications
  • Bachelor’s degree in Business Administration or related field is required.
  • Ten (10) years of progression casino experience.
  • Seven (7) years of casino cage management.
  • Ten (10) years of credit experience
  • Experience leading teams and operational units
  • Strong analytical and communication skills and make the most appropriate credit decisions based on the risk level.
Knowledge/Skills/Abilities:
  • Strong working knowledge of Treasury, Title 31, GCB, and internal control requirements
  • Strong working knowledge of all cage areas and casino cage systems
  • Knowledge of paperwork flow regarding credits and debits
  • Strong knowledge and understanding of fraud prevention and credit scams
  • Strong working knowledge of Excel and Microsoft Office
  • Financial aptitude and management experience preferred
  • Excellent customer service skills
  • Ability to lead and mentor a team
  • Have interpersonal skills to deal effectively with all business contacts
  • Professional appearance and demeanor
  • Work varied shifts, including weekends and holidays
  • Able to effectively communicate in English, in both written and oral forms
Certificates/Licenses/Registrations
  • At the discretion of the Gaming Commission, you may be required to obtain and maintain a gaming license.
  • Project Management Professional (PMP) certification is desired.
  • A qualified candidate must have and maintain a valid driver’s license with an acceptable driving record as determined by the enterprise’s insurance carrier.
Physical Requirements/ Working Conditions – Environment The physical demands and working environment described here are representative of those that a team member encounters and must be met to successfully perform the essential functions of this job.

  • Primary work environment is in a climate-controlled gaming facility.
  • Work requires travel to attend meetings, trade shows, and conferences.
  • Incumbents may be required to work evening, weekend and holiday shifts.
  • Must be able to work in a fast paced, high demand environment.
  • Strength sufficient to exert up to 10 pounds of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects and/or move up to 40 pounds occasionally.
  • Sedentary work; involves sitting most of the time. Constantly operates a computer and other office productivity machinery, such as a calculator, copy machine, and computer printer.
  • Physical activities that apply to the essential functions of the position are: balancing, stooping, kneeling, crouching, reaching, pushing, pulling, lifting, grasping, talking, hearing, and repetitive motions.
  • Hearing sufficient to hear conversational levels in person and over the telephone.
  • Speech sufficient to make oneself heard and understood in person, in front of groups, in meetings, and over the telephone.
  • Visual Acuity that best describes the requirements of the position: The worker is required to have close visual acuity to perform an activity such as preparing and analyzing data and figures, transcribing, viewing a computer terminal, expansive reading, and visual inspection of team members, visitors or facility.
  • Mobility sufficient to safely move in an office environment, walk, stoop, bend, kneel, and enter, exit and operate a motor vehicle in the course of travel to promotional events, meetings, conferences, trade shows and other properties.
  • Endurance sufficient to sit, walk and stand for extended periods, and maintain efficiency throughout the entire work shift and during extended work hours.
  • The team member may be exposed to fumes or airborne particles including secondhand smoke.
     

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