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FanDuel // one-day fantasy sports
 
Jersey City    Posted: Tuesday, February 11, 2020
 
   
 
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FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, & leagues. The premier gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, & TV/media, including FanDuel, Betfair US, & TVG. FanDuel Group has a presence across 45 states & 8 million customers. The company is based in New York with offices in California, New Jersey, Florida, Oregon, & Scotland.

About the role

An exciting opportunity to join FanDuels growing regulatory compliance team as the trusted advisor to the FanDuel Sportsbook Risk & Trading function.

In each state we operate, we must comply with state regulations on which leagues/sports/events we can offer. Company reputation is paramount & at FanDuel we have a seamless partnership between compliance, tech, risk & trading & product management to ensure that everything we do is 100% compliant at all times.

Working closely with the Risk & Trading team, & reporting to the Compliance team, this role will design & execute best in class policies & procedures that will be commercially appropriate as well as give confidence to our stakeholders & our regulators that our Risk & Trading team is operating in a first class manner, offering only those markets where they should be offered & providing a safe, fun & appropriate playing field at all times.

Once polices & procedures are designed & implemented, the Compliance Manager will design & execute a framework to monitor, test & report on the success of these policies & procedures to enable the demonstration of our successes & the transparency necessary to allow us to learn from our errors.

Critical to our success in a growing industry, the Compliance Manager also will partner with our legal lobbying team & new markets/new products compliance team to design best-in-class markets solutions in new jurisdiction & work to implement simple solutions that will enable a risk & trading experience that mitigates risk.

If you have a passion for sports betting, an insatiable appetite to design best in class policies & procedures & would like to play a key part in an emerging US market opportunity, then this could be the role for you.

Integrity, work ethic, low ego, attention to detail & teamwork are key values at FanDuel.

Essential Functions:

Compliance

  • Partner with the lobbying & new markets/products compliance teams to work with state regulators to design appropriate markets standards for new jurisdictions
  • Assess & revise current and/or design, draft & implement enhanced policies & procedures around market offerings with the goal of allowing markets that are permitted & prohibiting markets that are prohibited across all jurisdictions
  • Design, draft & implement monitoring & testing environment to test effectiveness of policies & procedures
  • Devise effective communication/training plan to enable risk & trading team to understand policies & procedures/permitted markets/prohibited markets & implications of errors.
  • Create metrics plan that allows for ease of reportability on regulatory engagement & impact, successes/challenges in market offerings etc.
  • Assess & optimize internal processes to ensure prevention of any potential compliance breaches
  • Engage with other compliance team members focused on developing policies, procedures, monitoring, testing & training across all products in all markets to enable a first class compliance environment.

Behavioral Competencies:

  • Self-motivated problem solver
  • Customer focused
  • Team player
  • Listens & communicates effectively
  • Exceptional attention to detail & great writer
  • Enjoys collaborating - to arrive at better decisions together
  • Trustworthy, just, low ego

Required Qualifications:

  • 3+ years experience in relatable compliance role
  • Data, analysis, metrics & reporting experience
  • Demonstrable experience in delivering insight with impact & effectively executing change
  • Strong communication & influencing skills
  • Commercially savvy

Preferred Qualifications:

  • Sports betting product & industry knowledge
  • Understanding of bookmaking
  • 3+ years relevant experience

What you get in return

Beyond working with such a great team!

  • An exciting environment with real growth
  • Contribute to exciting products used by a highly passionate user base
  • Personal learning & development opportunities
  • Flexible vacation policy
  • 401K with company contribution match
  • Generous healthcare & value creation share plan

There's more, but we don't want to go on & on!

FanDuel is an equal opportunities employer. Diversity & inclusion in FanDuelmeansthat we respect & value everyone as individuals. We don't tolerate bias, judgment or harassment. Our focus is on developing employees so that they reach their full potential.

 
 
 
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