Compliance Analyst, Trading
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!
Apply tot his job
Apply To this Job
• 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!
Apply tot his job
Apply To this Job