Demo

Sr. Product Manager

BetMGM LLC
Lakewood, NJ Full Time
POSTED ON 1/20/2025
AVAILABLE BEFORE 4/18/2025

About Us

Scroll down for a complete overview of what this job will require Are you the right candidate for this opportunity

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”.

The Senior Product Manager will take responsibility for discovery, planning, strategy, execution, and analysis of back-end Payment Operations and Fraud tools. The ideal candidate should understand the Agile working process and be able to lead throughout the Product roadmap in a strategic way. This key role will work with senior team members across the organization and external vendors. Senior product managers should be dynamic leaders and highly impactful communicators, with an excellent ability to present to and gather feedback from senior stakeholders. They should contribute meaningfully to creating a culture of excellence and driving the practice of product management and innovation, helping BetMGM create the future of sports and entertainment.

Responsibilities

  • Lead the development and execution of a strategic product roadmap to establish a high-caliber risk management platform.
  • Define and implement capabilities that accurately quantify, monitor, and mitigate financial risks impacting the organization.
  • Experience with Agile scrum team, working alongside an engineering counterpart to advance the product roadmap and meet key milestones.
  • Oversee sprint planning, prioritize stories, and ensure the product backlog aligns with strategic objectives, fostering a well-coordinated scrum process.
  • Engage in technical design and architectural discussions to identify innovative and effective solutions.
  • Provide vision and direction to the product, Business Intelligence, engineering, program and key business teams throughout the process as required.
  • Ability to distill and summarize sophisticated information down to the main points, with the appropriate level of detail to make it understandable / actionable for senior leadership and key partners.
  • Assess competitive environment, industry trends, current state strengths and gaps, as well as field representative needs.

Essential Functions

Must be able to stand or sit and operate computers and other technological devices for extended periods of time.

Qualifications

  • 5 years of experience in backend payment operations and financial risk.
  • Strategic thinking and ability to incorporate larger business context into algorithm and product development.
  • Excellent written and verbal communication skills with strong attention to detail and the ability to interact professionally with a diverse group, executives, managers, and subject matter experts.
  • Strong analytical and product management skills required, including a thorough understanding of how to interpret customer needs and translate them into product and operational requirements.
  • Proven track record of making well-informed decisions and prioritizing effectively, even in uncertain or evolving scenarios.
  • Familiarity with Agile methodologies and practices.
  • Exceptional relationship management skills.
  • The annual salary range for this position is $125,000 to $165,000. Factors which may affect starting pay within this range may include geography / market, skills, education, experience and other qualifications of the successful candidate. This position is also eligible for participation in a performance-based bonus plan.

    Gaming Compliance & Licensing Requirements

    As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification.

    In addition, candidates must comply with and support the company's responsible gambling policies, procedures and initiatives.

    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!

    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.

    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.

    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.

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    Salary : $125,000 - $165,000

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