Director, Compliance

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 Director of Compliance, reporting directly to the Senior Director of Compliance, is responsible for assisting in the management of compliant operations by the Business with the regulatory requirements for sports wagering and interactive gaming in all of BetMGM’s live jurisdictions. This individual is responsible for working closely with the Senior Manager of Trading Compliance, Senior Manager of Incident Reporting, Senior Manager of iGaming Compliance, and the Manager of Regulatory Administration to assist in the development and maintenance of a repository of related compliance documentation. The position is responsible for ensuring the proper operation and integrity of sports wagering and interactive gaming by internal and external business partners have a clear understanding of what is required operationally to maintain compliance across all BetMGM’s markets. The Director of Compliance will work closely with the Senior Manager of Incident Reporting to address instances of non-compliance by the Company should they occur and help to create and implement remedial plans in the event of such an occurrence.

The Director of Compliance will also work directly with the Director of Responsible Gaming, Director of Technical Compliance, Director of Licensing and the Director of Compliance, AML & Fraud to ensure compliance across those areas and collaboration across compliance streams within the department.

The Director of Compliance will be expected to work cross-functionally across all departments within the Company, often switching between competing priorities on a daily and weekly basis. They will assist with periodic reviews of products and services, ensuring compliance with regulations or detecting potential areas of non-compliance and provide all departments with compliance guidance and support. The Director of Compliance will ensure compliance through the development, implementation and monitoring of effective policies and procedures.

The Director of Compliance, working under the direction of the Senior Director of Compliance, will be expected to operate independently and maintain accountability over their area of responsibility. The position will oversee employees in one or more functional areas within the Operational Compliance stream and be responsible for the setting of priorities and deadlines that are aligned with the organization’s goals and objectives, the establishment of quality control measures to include appropriate reviews of work product, and effective training and mentoring of staff. 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

• Direct the research of regulatory requirements for sports wagering and interactive gaming
• In partnership with the Senior Director, Compliance, set strategic vision, long term goals, and objectives for operational compliance Center of Excellence;
• Maintain full-cycle leadership including coaching, mentoring, and performance management of the team;
• Develop regulatory documentation as necessary to establish and maintain operations;
• Report and track regulatory violations;
• Ensure the proper operation and integrity of sports wagering and interactive gaming through analysis and implementation of regulatory requirements;
• Develop, implement, and monitor effective policies and procedures to that align with the strategy of the operational compliance;
• Manage relationships with partners, regulatory agencies, and other external and internal stakeholders;
• Ensure all regulatory requirements are met on an ongoing basis in close collaboration with internal and external business partners;
• Develop Compliance training for BetMGM employees;
• Determine appropriate mitigation actions for any risk identified;
• Provide oversight and direction to staff through coaching and feedback in an effective manner; and
• Any other duties as assigned.
  
  

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 in related field required.
• Masters’ degree strongly preferred.
• Online or Land-based Casino/Sports Wagering experience preferred.
• 7 -10 years’ experience in a managing a functional area(s) within gaming compliance with a high preference for sports wagering compliance experience.
• Managerial experience required.
• 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.
• Must be able to stand or sit, and operate computers and other technological devices for extended periods of time.
  
  

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.

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 [email protected].

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.