Job Description
- Job Description:
- Facilitate all facets of compliance related to sports trading, including maintaining detailed records of approved leagues/events and restrictions/requirements, and communicating that information to the trading teams
- Support and maintain Trading Compliance’s tracking documents for approved league/event/market entries that are used by US Trading, Trading Operations and Trading Support
- Support and maintain online and retail House Rules
- Analyze and distribute regulatory requirements of new jurisdictions as they pertain to trading functions in support of new state launches
- Maintain operations in existing jurisdictions and facilitate necessary adjustments based on changes in regulations/directives
- Handle requests from trading to offer new leagues/wager-types, which includes performing due diligence, communicating with and submitting requests to regulators as needed, and providing direction to internal stakeholders on relevant restrictions and requirements
- Serve as subject matter expert and primary point of contact on all trading compliance matters for assigned jurisdictions, which includes directly interfacing with regulators in those assigned jurisdictions
- Understand trading compliance requirements in all jurisdictions where BetMGM operates and collaborate with Trading Compliance Analysts who serve as leads in each jurisdiction
- Handle trading-related incidents, including initial evaluation of regulatory requirements, preparing and submitting reports to regulators as needed, and overseeing remedial efforts
- Assist in developing and enhancing Trading Compliance processes and systems
- Assist with developing the internal controls that are specific to Trading functions
- Ensure integrity of trading policies and procedures – contribute to internal audits to ensure trading compliance functions meet all regulatory requirements
- Maintain open line of communication with stakeholders in the various trading-related streams enhance processes and ensure compliance with all regulatory requirements
- Support the development and implementation of higher-level compliance strategies and long-term department goals
- Continuously monitor updates to online sports wagering regulations
- Work cross-functionally across departments within the Company, often switching between competing priorities on a daily and weekly basis
- Assists with periodic reviews of products and services, ensuring compliance with regulations or detecting potential areas of non-compliance
- Respond to all issues relating to the regulatory compliance operation in assigned states where the Company offers Online Sports Wagering and/or a retail sportsbook
- Research complex regulatory topics and prepare clear, concise, and complete reports, correspondence and other written materials
- Performs other related duties as assigned by the Manager of Trading Compliance and the Director of Trading of Compliance
- Requirements:
- 2+ years of experience
- Online or Land based Casino/Sports Wagering experience preferred
- Gaming compliance experience with a high preference for sports wagering compliance experience preferred
- Experience in report writing and document management
- Experience in incident management
- Experience in reviewing, researching, and interpreting regulations
- Critical thinking and decision-making skills
- Strong organizational skills
- Internal control, internal audit or compliance experience preferred
- Ability to work well under pressure in a fast-paced environment
- Understand the dynamics of competing business priorities
- Attention to detail and an analytical mind
- Ability to work both independently and collaboratively
- High level of personal initiative and motivation
- Good interpersonal and presentation skills
- Basic proficiency in MS Word, Excel, PowerPoint and MS Outlook
- Benefits:
- Medical, Dental, Vision, Life, and Disability Insurance
- 401(k) with company match
- Pre-tax spending accounts including health care FSA and commuter savings
- Flexible paid time off
- Professional development reimbursement and ongoing skills training opportunities
- Employee resource groups
- Swag, ticket giveaways, and more!
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