Compliance Analyst, Trading

November 25

🏖️ New Jersey – Remote

Although this job is listed in New Jersey, this company may be open to hiring remote in other states.

💵 $64.4k - $80.5k / year

⏰ Full Time

🟢 Junior

🟡 Mid-level

🚔 Compliance

🦅 H1B Visa Sponsor

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BetMGM

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Gambling • Gaming • B2C

BetMGM is the exclusive sports betting partner to MGM Resorts nationwide, offering both online and physical casino gaming experiences. As a leader in online casino and poker gaming, BetMGM also collaborates with sister brands such as Borgata Online and PartyCasino. The company is committed to fostering an inclusive workplace and emphasizes responsible gambling practices, ensuring a sustainable and enjoyable gaming environment for its customers.

501 - 1000 employees

Founded 2018

🎲 Gambling

🎮 Gaming

👥 B2C

💰 $25.1k Seed Round on 2022-10

📋 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 Senior Manager 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 Insurance • Commuter Benefits • Paid Time Off • Holidays • Employee Resource Groups