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Senior Director Enterprise Risk Management

FanDuel

FanDuel

Sales & Business Development
New York, NY, USA
Posted on Thursday, October 19, 2023

ABOUT FANDUEL GROUP

FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier mobile gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across sports betting, iGaming, horse racing, advance-deposit wagering, daily fantasy sports. In addition, FanDuel Group operates FanDuel TV its broadly distributed linear cable television and leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states with approximately 17 million customers and 25 retail locations. The company is based in New York with offices in Los Angeles, Atlanta and Jersey City, as well as in Canada, Scotland, Ireland, Portugal, Romania and Australia. FanDuel Group is a subsidiary of Flutter Entertainment plc, (LON: FLTR) the world's largest sports betting and gaming operator with a portfolio of globally recognized brands.

There are more ways to win, here at FanDuel. We’re willing to bet on it.

THE ROSTER…

At FanDuel Group, we give fans a new and innovative way to interact with their favorite games, sports, and teams. We’re dedicated to building a winning team and we pride ourselves on being able to make every moment mean more, especially when it comes to your career. So, what does “winning” look like at FanDuel? It’s recognition for your hard-earned results, a culture that brings out your best work—and a roster full of talented coworkers. Make no mistake, we are here to win, but we believe in winning right. That means we’ll never compromise when it comes to looking out for our teammates. From creative professionals to cutting-edge technology innovators, FanDuel offers a wide range of career opportunities, best-in-class benefits, and the tools to explore and grow into your best self. At FanDuel, our principle of “We Are One Team” runs through all our offices across the globe, and you can expect to be a part of an exciting company with many opportunities to grow and be successful.

WHO WE ARE…

FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and 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, and TV/media.

FanDuel Group has a presence across all 50 states with approximately 17 million customers and nearly 30 retail locations. The company is based in New York with offices in California, New Jersey, Florida, Oregon, Georgia, Portugal, Romania and Scotland.

Its network FanDuel TV and FanDuel+ are broadly distributed on linear cable television and through its relationships with leading direct-to-consumer OTT platforms.

FanDuel Group is a subsidiary of Flutter Entertainment plc, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and a constituent of the FTSE 100 index of the London Stock Exchange.

THE POSITION:
Our roster has an opening with your name on it

The Senior Director of Enterprise Risk Management (ERM) will play a critical role in overseeing FanDuel's 2nd-Line function, which involves developing a robust compliance program aligned with regulatory expectations. The Sr. Director ERM will oversee FanDuel’s team of Risk Managers, and report directly to the Vice President, Compliance and Enterprise Risk. As the lead of a new vertical, this role may also be tasked with building out other risk functions in partnership with the Vice President, Compliance and Enterprise Risk, and so must be comfortable and conversant in leading various aspects of an Enterprise Risk Management program, including Monitoring & Testing. The ideal candidate will have the expertise to thoroughly comprehend and monitor FanDuel's risk environment and be prepared to adapt and respond proactively to any evolving challenges.

THE GAME PLAN:
Everyone on our team has a part to play

  • Lead and build out Enterprise Risk Management function, encompassing people, processes, and technology.
  • Develop and implement a Monitoring and Testing function including the hiring of an offshore team to execute the program (Travel Required)
  • Identification of key program areas and second line resourcing needs by function
  • Proactive management of risk through Monitoring &Testing activities of 1st-Line’s established processes and controls (e.g., validating compliance requirements as defined in policies, procedures, regulatory organizations; validating audit action items, validating remediation activities on internal controls’ observations)
  • Leading and enhancing FanDuel’s ERM governance program, including responsibility for the Risk Register and risk reporting
  • Managing and building out FanDuel’s team of Risk Managers
  • Issues Management
  • Risk Assessment and Remediation
  • Third Party Risk Management
  • Taking on other projects and/or compliance verticals as necessary
  • Working closely with the FanDuel Risk team to prioritize testing and create an effective controls feedback loop
  • Aligning with Flutter Group Risk Framework requirements in respect to second line assurance activities; and
  • Continually enhancing the culture of Risk and Compliance throughout FanDuel.

THE STATS:
What we're looking for in our next teammate

  • Superior stakeholder engagement, proven experience, top notch analytical abilities, and the ability to think strategically.
  • Solid communication, interpersonal, and writing skills are of paramount importance, as are a strong work ethic and a commitment to being both an exceptional manager and a team player who rolls up their sleeves. This hire must have the aptitude to quickly learn the nuances of an extremely complex and ever-growing company, industry, and regulatory landscape.
  • Being both “Hungry and Humble” is one of FanDuel’s key governing principles and will be critical to this person’s success.
  • Experience as a seasoned compliance and risk professional who not only knows what an effective compliance monitoring & testing program is, but how to build and manage one in a very complex and highly regulated environment.
  • Experience leading a true second-line risk management team.
  • A personality that thrives outside of the box and embraces creativity, innovation and an optimistic “Anything is Possible” attitude.
  • Ability to comfortably gather, analyze, and deliver compliance and risk information to executive leadership to enable alignment on key risks across the company and industry.
  • This role may be required to obtain state gaming licenses from various jurisdictions.
  • 15+ years of total compliance and risk experience, preferably to include working in a variety of roles, including consulting firms, start-ups, and public companies.
  • In-house experience with a highly regulated company and/or a company engaged in rapid growth a strong plus.
  • A passion for people management, team building and a desire to work hard in a fast-paced, rapidly scaling and highly complex environment.

PLAYER CONTRACT:
We treat our team right

  • From our many opportunities for professional development to our generous insurance and paid leave policies, we’re committed to making sure our employees get as much out of FanDuel as we ask them to give. Competitive compensation is just the beginning. As part of our team, you can expect:
    An exciting and fun environment committed to driving real growth
  • Opportunities to build really cool products that fans love
  • Mentorship and professional development resources to help you refine your game
  • Flexible vacation allowance to let you refuel
  • Hall of Fame benefit programs and platforms

FanDuel Group is an equal opportunities employer and we believe, as one of our principal states, “We Are One Team!” We are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, and Veteran status. We believe FanDuel is strongest and best able to compete if all employees feel valued, respected, and included. We want our team to include diverse individuals because diversity of thought, diversity of perspectives, and diversity of experiences leads to better performance. Having a diverse and inclusive workforce is a core value that we believe makes our company stronger and more competitive as One Team!

The applicable salary range for this position is $205,000 - $225,000, which is dependent on a variety of factors including relevant experience, location, business needs and market demand. This role may offer the following benefits: medical, vision, and dental insurance; life insurance; disability insurance; a 401(k) matching program; among other employee benefits. This role may also be eligible for short-term or long-term incentive compensation, including, but not limited to, cash bonuses and stock program participation.

This role includes flexible time off (including unlimited paid time off for full-time employees) and 14 paid company holidays. FanDuel offers paid sick time in accordance with all applicable state and federal laws.

#LI-Hybrid