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Product Manager
BetMGM LLC Jersey, NJ
$113k-141k (estimate)
Full Time 2 Months Ago
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BetMGM LLC is Hiring a Product Manager Near Jersey, NJ

Product Manager
About Us
We are BetMGM. We are revolutionizing sports betting and online gaming in the United States. 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 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.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our goals as a company. We strive to create a culture of empathy where our employees feel valued, heard, and comfortable bringing their authentic selves to work. We want to build a product and a workplace that reflect the communities we serve so we approach our work fearlessly, take responsibility when we get it wrong, and ante-up again. We play to win, and we are all-in together.
We were recognized as one of Glassdoor’s “Best Places to Work”.
About the Role
The Product Manager will be responsible for a host of different initiatives including (but not limited to) risk & fraud prevention, chargeback prevention, success rates around KYC and payments, vendor management. In this role you will be working closely with various areas in the organization across product, operations, finance, legal, accounting, development and technology. You will be responsible for a set of products that are critical to the success of our business, how players fund and withdraw from the BetMGM wallet and mitigating the risk at different touch points in the app itself (registration, login, deposits, and withdrawals). This is the doorway for all company revenue for all products, Sports, Casino, Poker and more.
In this role, you will own the performance of payment, fraud, & KYC providers from both success rates and commercial perspectives, developing product strategies to improve success rates and reduce risk and fraud. Working with a variety of stakeholders, Product, Business Intelligence (BI), Finance and Operations, you will be accountable for continuously improving player experience and security throughout registration, login & transaction journeys (with fraud prevention always front and center) to accomplish our core business goals. You will be responsible for defining, delivering, and operating a fraud prevention strategy. Ultimately, your success will be measured by our customers’ experience as well as our core business goals and metrics (revenue generation & cost savings). You will be building out a product roadmap for your area and prioritizing; from discovery & development phase, to post go-live monitoring and enhancing.
Responsibilities
  • Launch product initiatives with high confidence through mitigating risks and executing go-to-market plans with all relevant stakeholders
  • Understand our users and stakeholders needs, base decisions on data, not personal opinions
  • Influence the product strategy, design solutions, and engineering decisions to best accomplish the intended outcome
  • Be the subject matter expert for your product and its customers
  • Develop detailed written requirements with acceptance criteria and negotiate trade-offs with engineering and design teams
  • Work in coordination with engineering team to execute, deliver, and meet the release/sprint goals
  • Understand the competitive landscape – prescribe user research and competitive analysis to help support and frame our initiatives
  • Key role in the monitoring and analysis of business performance, including financial analysis and tracking the trends in the business
  • Managing the weekly/monthly reporting decks and any other ad hoc reporting requirements & presenting to other areas of the company along with the senior leadership team
  • Support the planning and forecasting activities of the business, including developing the data and analysis to support financial model assumptions
Essential Functions
  • Must be able to stand or sit and operate computers and other technological devices for extended periods of time
Qualifications
  • Minimum of 3-5 years of experience in a digital product management role
  • Knowledgeable around digital payments, fraud and risk
  • Excellent data analysis, modelling and forecasting skills – with the ability to quickly identify key business trends and feed this into forecasting models and/or actionable insights.
  • Very strong excel skills and solid business intelligence and data experience
  • Highly analytical and comfortable using a variety of reporting systems and tools
  • Must have a collaborative working style with the ability to build partnerships cross functionally, effectively influence and develop and implement business process improvements in the planning, reporting and revenue management area.
  • Experience creating and maintaining product roadmaps
  • Demonstrate knowledge of the product development lifecycle and has a track record of delivering meaningful product and feature improvements
  • Able to manage multiple priorities and accuracy and efficiency while meeting deadline
  • Willingness to travel occasionally domestically and/or internationally
About Our Culture
Building BetMGM from the ground up takes effort, energy, and teamwork, but that’s what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars:
  • Believe in Your Game – Take your shot! There’s a freedom to explore ideas usually only start-ups are lucky enough to experience.
  • Backed by the Best - With our expertise—merged with that of our world-class investors—we have the opportunity to take this business, and ourselves, farther than anyone has ever imagined.
  • Do What’s Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day.
  • Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.
What We Offer
As a valued employee, we’re committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more!
Gaming Compliance
Candidate must comply with and support the company’s responsible gambling policies, procedures and initiatives.
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.
 
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.
We understand that each card in the deck plays a unique role in any given hand, just as our employees each play a unique role in accomplishing our company goals. So, we are committed to an inclusive culture for all and empowering our employees to thrive in meaningful careers. At BetMGM, we play to win, and we are “all in” together. If your experience looks a little different from what we’ve identified and you think you’ve got what it takes, we’d love to learn more about you.
If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.
Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.
#LI-IK1

Job Summary

JOB TYPE

Full Time

SALARY

$113k-141k (estimate)

POST DATE

04/12/2023

EXPIRATION DATE

08/23/2024

WEBSITE

betmgminc.com

HEADQUARTERS

Jersey City, NJ

SIZE

25 - 50

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The following is the career advancement route for Product Manager positions, which can be used as a reference in future career path planning. As a Product Manager, it can be promoted into senior positions as a Product Manager IV that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Product Manager. You can explore the career advancement for a Product Manager below and select your interested title to get hiring information.

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If you are interested in becoming a Product Manager, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Product Manager for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Product Manager job description and responsibilities

Product managers provide the expertise needed to lead and make strategic product decisions.

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During the product review, a PM presents an overview of recent launches and any available metrics, upcoming launches, top user needs, and a view of the broader product roadmap.

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Supports the development team by prioritizing the product backlog and creating user stories.

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When customers particularly enjoy a product, product managers take note.

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Works with the engineering team on core specifications and product functionality.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Product Manager jobs

Learn Fundamentals of Product Management.

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A General Understanding of Data and “Street Statistics”.

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Be a future visionary and product evangelist.

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An understanding of the user life cycle.

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Desire (and Ability) to Work as a Team.

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Step 3: View the best colleges and universities for Product Manager.

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