Published on

Aug 22, 2024

Director of Fraud - Fanatics Betting & Gaming

Director of Fraud - Fanatics Betting & Gaming

Director of Fraud - Fanatics Betting & Gaming

Full-time

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Denver, CO

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On-site

About the job

Overview

JOB DESCRIPTION

As the Director of Fraud Prevention, you will play a pivotal role in protecting Fanatics Sportsbook from fraud-related risks and ensuring compliance with regulatory requirements. You will lead the efforts in developing, implementing, and continuously improving our fraud prevention strategies and risk mitigation efforts.

Key Responsibilities

Fraud Prevention Strategy: Develop and execute a comprehensive fraud prevention strategy tailored to the specific needs of our business Risk Assessment: Continuously assess and monitor fraud risks. Identify and escalate vulnerabilities and design risk mitigation strategies accordingly Fraud Detection and Investigation: Oversee the development and implementation of fraud detection algorithms, tools, and processes leveraging fraud detection technologies Compliance: Ensure compliance with all relevant anti-fraud regulations and standards Cross-Functional Collaboration: Work closely with Operations, Legal, and Finance teams to align fraud prevention efforts with overall business objectives Reporting and Analysis: Generate reports and present findings to senior management, outlining trends, risks, and mitigation strategies Vendor Management: Oversee relationships with third-party vendors providing fraud prevention services, ensuring performance meets our standards and objectives Policy Development: Collaborate with Compliance in the creation and maintenance of fraud prevention policies and procedures Team Leadership: Recruit, train, and manage a high-performing team of fraud prevention specialists

Qualifications

Bachelor’s degree; advanced degree is a plus Relevant certifications (e.g., Certified Fraud Examiner, Certified Anti-Money Laundering Specialist) are a plus Minimum of 5-7 years of experience in a leadership role within fraud prevention and/or risk management Strong knowledge of anti-fraud regulations and compliance standards Proven experience in developing and implementing fraud prevention strategies, utilizing advanced technology and analytics Exceptional leadership, team management, and interpersonal skills Analytical mindset with a keen eye for detail and a proactive approach to problem-solving Excellent communication and presentation abilities, with the capability to convey complex information to non-technical stakeholders Demonstrated ability to work collaboratively in a fast-paced, dynamic environment High ethical standards and a commitment to maintaining the highest levels of integrity in fraud prevention efforts

Salary Range: $132,000-$198,000 + Bonus + Equity

About Us

Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.

About The Team

Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics Holdings Inc., a global digital sports platform. The Fanatics Sportsbook is available to nearly 93% of the addressable online sports bettor market in the U.S. in the following states: Arizona, Colorado, Connecticut, Illinois, Indiana, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Vermont, Virginia, West Virginia and Wyoming. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates nineteen retail locations including retail sportsbooks outside of Progressive Field and Nationwide Arena and the only sportsbook inside an NFL stadium at Commanders Field. Fanatics Betting and Gaming is headquartered in New York with offices in Denver and Dublin, Ireland.

About Company

Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.

Total Employees

9,293

Median Employee Tenure

2.3 years

Because no one goes to school
for fighting fraud.