Fraud Management Analyst

Discover What's Possible at BetMGM

Ready to make your career legendary? Join us as we bring the magic of Vegas to our players. The BetMGM team has over 1,400 talented members, revolutionizing sports betting and online gaming in the United States and Canada. We're a brand with technology at our hearts and the most driven and focused talent in the business.

As a valued team member, we're committed to giving you the resources and support you need to thrive. Our benefits and perks include:

• Medical, Dental, Vision, Life, and Disability Insurance
  
• 401(k) with company match
  
  
• Pre-tax spending accounts including health care FSA and commuter savings
  
• Flexible paid time off
  
• Professional development reimbursement and ongoing skills training opportunities
  
• Employee resource groups
  
  
• Swag, ticket giveaways, and more!
  

At BetMGM, we recognize that every individual plays a meaningful role in our success. That's why we're committed to building a respectful, inclusive workplace. It's the strategy behind every win. By meeting people where they are, we create a culture of belonging where everyone can thrive and a workplace that reflects our values, our people, and our drive to win.


About the Role

The Fraud Management Analyst will report directly to the Senior Manager, Fraud Management, serving as a crucial link in ensuring BetMGM maintains an effective fraud program designed to mitigate, detect, action and report on any fraudulent activity which has occurred. The primary focus of this role is to identify, investigate and prevent systematic fraudulent behavior. This includes analyzing large data sets and escalated accounts to identify patterns of fraudulent behavior and designing effective mitigation solutions.

The Fraud Management Analyst will also play a pivotal role in handling escalated matters by performing account investigations to identify potential risks and fraudulent activity for higher value players. The Fraud Management Analyst will be also responsible for sharing their insights and recommendations with key stakeholders on the Operations and Product teams when exploitable gaps are identified.

Responsibilities

• Monitor player gameplay activity, deposits and withdrawals to identify suspicious or potentially fraudulent emerging patterns and recommend fraud prevention strategies.
  
• Utilize various data sources to design, test and implement effective fraud prevention rules.
  
• Assist in tuning existing fraud detection rules and thresholds to reduce false positives while improving detection rates.
  
• Conduct root cause analysis on fraud trends and recommend preventative measures and process enhancements.
  
• Support the ongoing optimization of chargeback prevention and representment processes.
  
• Collaborate closely with the Operations teams to resolve emerging fraud rings and enforce account actions (i.e., suspension, closure, etc.).
  
• Analyze betting patterns to detect irregular gameplay, arbitrage betting and coordinated activity between accounts.
  
• Design and build effective dashboards to support the monitoring of key fraud KPIs.
  

Qualifications

• Minimum of 3 years of experience in Fraud, Risk Management, Compliance, or related field, preferably in the gaming or financial services industry.
  
• Bachelor's degree in Finance, Criminal Justice, Data Analytics, or a related field.
  
• Excellent analytical, strategic thinking, and problem-solving skills.
  
• Experience in data analysis tools (e.g., Excel, SQL, Python, or BI tools)
  
• Excellent attention to detail and ability to identify patterns in complex data
  
• Strong written and verbal communication skills, with the ability to interact effectively at all levels of the organization.
  
• Ability to effectively articulate data insights.
  

The annual salary range for this position is $68,000.00 to $90,600.00. 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.


Applicants must possess legal authorization to work for our company in the U.S. without the need for immigration sponsorship. At this time, this role is not eligible for immigration-related employment authorization sponsorship including H-1B, O-1, E-3, TN, OPT, etc.

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 BetMGM's responsible gambling policies, procedures, and initiatives.

About BetMGM

BetMGM is revolutionizing sports betting and online gaming in the United States and Canada. 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 Casino, 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.

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.

If you need assistance or accommodation with your application due to a disability, you may contact us at View email address on click.appcast.io.

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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