BetMGM

The King of Sportsbooks

Compliance Analyst, Trading

ComplianceComplianceFull TimeRemoteTeam 501-1,000Since 2018H1B SponsorCompany SiteLinkedIn

Location

New Jersey

Posted

9 days ago

Salary

$64.4K - $80.5K / year

2 yrs expEnglishSwitching

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

Job 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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