BetMGM is revolutionizing sports betting and online gaming in the United States and Canada. We are a partnership between two powerhouse organizations—MGM Resorts International and Entain Group.
Compliance Analyst, Trading
Location
United States
Posted
3 hours ago
Salary
$64.4K - $80.5K / year
No structured requirement data.
Job Description
Discover What’s Possible at BetMGM
Ready to make your career legendary? Join us as we bring the magic of Vegas to our players. The BetMGM team has over 1,400 talented members, revolutionizing sports betting and online gaming in the United States and Canada. We’re a brand with technology at our hearts and the most driven and focused talent in the business.
As a valued team member, we’re committed to giving you the resources and support you need to thrive. Our benefits and perks include:
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!
At BetMGM, we recognize that every individual plays a meaningful role in our success. That’s why we’re committed to building a respectful, inclusive workplace. It’s the strategy behind every win. By meeting people where they are, we create a culture of belonging where everyone can thrive and a workplace that reflects our values, our people, and our drive to win.
About the Role
The Compliance Analyst, Trading works under the direction of the Manager of Trading Compliance; however, they will be expected to operate independently and maintain accountability over their area of responsibility. The position must collaborate with other Trading Compliance Analysts, be aligned with Company objectives, and coordinate with other Compliance streams. This person will be responsible for actively managing relationships with both internal and external stakeholders, while serving as a reliable and knowledgeable liaison for the Compliance department. This role is remote and requires working weekends.
Responsibilities
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.
Essential Functions
Must be able to stand or sit and operate computers and other technological devices for extended periods of time
Qualifications
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.
The annual salary range for this position is $64400 to $80500. Factors which may affect starting pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate. This position is also eligible for participation in a performance-based bonus plan.
Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship. At this time, this role is not eligible for immigration-related employment authorization sponsorship including H-1B, O-1, E-3, TN, OPT, etc.
Gaming Compliance & Licensing Requirements
As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification.
In addition, candidates must comply with and support BetMGM's responsible gambling policies, procedures, and initiatives.
About BetMGM
BetMGM is revolutionizing sports betting and online gaming in the United States and Canada. We are a partnership between two powerhouse organizations—MGM Resorts International and Entain Group. You know our name through our exciting portfolio of brands including BetMGM Casino, BetMGM Sportsbook, Borgata Online, Party Casino and Party Poker. We aim to bring our ideas into action and find ways to deliver the best quality in gaming platforms.
BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants.
If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.
This job description is not an exclusive or exhaustive list of duties a person in this position may be asked to perform from time to time.
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