SPORTS BETTING & LOTTERY REGULATORY COMPLIANCE MANAGER

Location United States
Posted Date July 23, 2024
Company Email [email protected]
Company Website https://www.krogerfamilycareers.com/en/sites/CX_2001
Job type Full Time
Package (per year) 75000.00 - 95000.00
Application Last Date August 21, 2024

The Sports Betting & Lottery Regulatory Compliance Manager is a pivotal role, responsible for ensuring legal standards and in-house policies are met for Sports Betting & Entertainment (SB&E) and Lottery offerings. This position requires the candidate to act as the subject matter expert (SME) on applicable state and federal SB&E and Lottery regulations. The role involves collaborating with senior leadership to ensure adherence to regulatory requirements and internal policies supporting Kroger Personal Finance (KPF) offerings, embodying the company’s core values of respect, honesty, integrity, diversity, inclusion, and safety.

Key Responsibilities:

  • Cross-functional Collaboration: Participate in internal teams to advance and implement SB&E and Lottery strategies.
  • Policy Development: Contribute to developing and implementing compliance policies and procedures that reflect regulatory changes and industry best practices.
  • Regulation Monitoring: Stay updated with changes in SB&E and Lottery regulations at local, state, and national levels.
  • Training and Education: Provide training and educational programs to employees on compliance matters, responsible gaming, and other relevant topics, promoting a culture of compliance and ethical conduct.
  • Regulatory Collaboration: Work with regulatory authorities, legal counsel, and other stakeholders to address compliance issues, respond to regulatory inquiries, and participate in regulatory inspections or audits.
  • Risk Assessment: Participate in risk assessments to identify compliance-related risks, develop strategies to mitigate them, and collaborate with the risk management team to implement mitigation measures.
  • Responsible Gaming: Promote responsible gaming practices by developing and implementing responsible gaming policies and initiatives to protect vulnerable players.
  • Legislative Engagement: Collaborate with internal parties to comment and lobby on federal and state legislative matters and participate in industry forums related to compliance.
  • Travel Requirements: Travel independently to industry meetings and various departments/divisions, approximately 25% of the time.

Qualifications:

  • Education and Experience: A Bachelor’s Degree in a relevant field such as business, finance, accounting, economics, criminal justice, or risk management; or 5+ years of relevant sports betting compliance or related regulatory role experience.
  • Regulatory Knowledge: Thorough understanding of sports betting, entertainment, and lottery regulations and industry standards.
  • Compliance Expertise: Strong knowledge of Anti-Money Laundering (AML), responsible gaming, and data protection principles.
  • Collaboration Skills: Highly collaborative with the ability to work cross-functionally and build strategic and mutually beneficial relationships.
  • Project Management: Capable of handling multiple projects and responding to changing business priorities with strong analytical skills to synthesize analysis into compelling oral and written communications.
  • Attention to Detail: Excellent planning, organizing, and follow-up skills with attention to detail and thorough documentation practices.
  • Independence: Ability to be self-directed and work independently while performing essential job functions with or without reasonable accommodation.

This role is essential in maintaining the integrity and compliance of Kroger's SB&E and Lottery offerings, ensuring all regulatory and ethical standards are upheld to protect both the company and its customers.