What are the responsibilities and job description for the Compliance Analyst, iGaming position at BetMGM LLC?
COMPLIANCE ANALYST, IGAMING
Jersey City, NJ
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 iGaming Compliance Analyst will ensure compliance of the Company’s iGaming operations in coordination with the Senior Manager of iGaming Compliance through the development, implementation and monitoring of effective policies and procedures. This position is responsible for monitoring day-to-day regulatory activities and ensuring that the Company’s online and retail operations are compliant with the requirements of relevant state regulations, directives from state regulatory agencies, and the obligations of the land-based sportsbooks in a particular state.
The iGaming Compliance Analyst will work under the direction of the Senior Manager of Compliance; however, they will be expected to operate independently and maintain accountability over their area of responsibility. The position will be responsible for adhering to the priorities and deadlines that are aligned with the organization’s goals and objectives. This individual 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 based in Jersey City, New Jersey.
Responsibilities
- Responsible for managing the creation and implementation of processes and procedures related to Gaming Compliance as dictated by the regulatory requirements of each jurisdiction within which the company operates
- Responsible for ensuring the proper operation and integrity of processes related to Gaming Compliance
- Work under the direction of the Senior Manager of Compliance alongside iGaming Compliance analysts as they support the integrity of BetMGM’s operations and expansion into new jurisdictions
- Directly interface with regulators in every jurisdiction and serve as a POC in all jurisdictions for iGaming Compliance related matters
- Maintain business as usual functions in existing jurisdictions and ensure updates are made in adherence to rule changes, regulatory directives and operational enhancements for iGaming Compliance
- Draft Internal Controls as they relate to iGaming ahead of new state launches while maintaining regulatory compliance with the regulations of existing jurisdictions
- Continuously identify areas of opportunity for improvement in processes and take the lead in establishing required revisions to existing processes in order to resolve those opportunities
- 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
- Complete periodic audits of BetMGM’s iGaming Internal Controls and processes to ensure ongoing compliance with the regulatory requirements of all jurisdictions
- Complete gap analyses of existing functions of BetMGM’s iGaming processes with regulatory requirements of new jurisdictions in order to ensure compliance and preparedness of the various involved internal departments at BetMGM ahead of new state launches
- Provide all departments with compliance guidance and support
- Respond to all issues relating to the regulatory compliance operation in assigned states where the Company operates
- Work with the various regulatory bodies to address incidents of non-compliance by the Company should they occur and help to create and implement remedial plans in the event of such occurrence
- Conduct research to prepare clear, concise and complete reports, correspondence and other communications materials on complex regulatory topics
- Performs other related duties as assigned by the Senior Manager of iGaming Compliance
Essential Functions
- Must be able to stand or sit and operate computers and other technological devices for extended periods of time
Qualifications
- Bachelor’s Degree is required
- 2-4 years of experience
- Online or Land based Casino/Sports Wagering experience is preferred
- Compliance experience preferred
- Experience working in fraud and suspicious activity monitoring and reporting
- 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
- Professional, honest, and reliable
- Basic proficiency in MS Word, Excel, PowerPoint, and MS Outlook
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:
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/ Affirmative Action employer. We provide equal employment opportunities to all qualified employees and applicants for employment without regard to race, religion, sex, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. We prohibit discrimination in decisions concerning recruitment, hiring, compensation, benefits, training, termination, promotions, or any other condition of employment or career development. 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.
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