VP Compliance

Overview: We are seeking a highly experienced and strategic Vice President of Compliance to build out and mature Fanatics Betting & Gaming's core compliance function. Reporting to the SVP of Legal and Regulatory, this senior role will be crucial in shaping and implementing our compliance strategy, building robust compliance programs, and managing industry/company risks. The ideal candidate will have extensive experience in developing compliance frameworks, managing large compliance teams, and leading risk-based decision-making processes. Experience in building programs from scratch, managing a multi-disciplinary team, and operating in a complex and quickly evolving regulatory environment are prerequisites for this role.

Responsibilities:

1. Compliance Program Development:
   • Oversee and improve an existing, comprehensive compliance programs tailored to the sports betting/iGaming industry.
   • Continuously assess and enhance the program to address evolving regulations and industry best practices.
   • Ensure that the compliance program is effective, scalable, and integrated across all business functions.
   • Own reporting to the FBG Compliance Committee
2. Governance, Risk, and Compliance Leadership:
   • Develop and execute risk management strategies to identify, assess, and mitigate regulatory and operational risks.
   • Monitor and report on the effectiveness of compliance controls and risk management processes.
3. Gaming Regulatory:
   • Develop policies, procedures, and controls to further the Company's compliance with gaming regulations.
   • Develop personal and team expertise on the rules that govern the Company's products in the states where FBG operates.
4. Strategic Compliance Planning:
   • Collaborate with senior leadership to align compliance strategies with the company's business objectives.
   • Provide expert guidance on regulatory changes and their impact on business operations.
   • Develop and deliver training programs to ensure that all employees are informed of compliance requirements and standards.
5. Reporting and Documentation:
   • Ensure accurate and timely reporting of compliance activities to internal stakeholders and external regulators.
   • Oversee the documentation of compliance processes, procedures, and audit trails.

Skills and Qualifications:

• Experience:
  • Minimum 10 years of experience in a compliance-related capacity.
  • Proven track record of building and managing a compliance program in a highly regulated industry, preferably within gaming, financial services, or a related field.
  • Extensive experience leading a team, with a deep understanding of risk management, governance, and compliance best practices.
  • Demonstrated success in managing relationships with external regulators and navigating complex regulatory environments.
• Skills and Competencies:
  • In-depth knowledge of regulatory frameworks and ability to master gaming laws and rules.
  • Strong leadership and team management skills, with the ability to motivate and guide a diverse team.
  • Excellent communication and interpersonal skills, with the ability to effectively liaise with regulators, senior executives, and other stakeholders.
  • Analytical mindset with a strong ability to assess complex situations, identify risks, and implement effective solutions.

Salary range is listed in USD; ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. *Salary Range: $275,000 to $325,000 (Salary range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual Offer is confirmed). In addition to the base and bonus, full-time employees are eligible for Medical, Dental, Vision, 401K, paid time off, and other benefits like GymPass, Pet Insurance, Family Care Benefits, Free Shipt deliveries, and more.