What are the responsibilities and job description for the Fraud Specialist position at Betfred?
Overview
Betfred Sports is the wholly owned US subsidiary of Betfred Group, a Warrington, United Kingdom based bookmaker that owns and operates more than 1,500 betting shops in the UK as well as industry leading online and mobile products in the UK and Spain. Betfred Group, founded by brothers Fred and Peter Done in 1967, created Las Vegas based Betfred Sports in 2019 specifically to enter the robust and ever-expanding US sports betting market. Betfred Sports is a licensed operator in Arizona, Iowa, Pennsylvania, Louisiana, Washington, and Colorado. Betfred Sports intends to be open soon in Maryland and Nevada upon obtaining the requisite licensing and regulatory approvals.
To support our growth in the US market, we are now looking for a Fraud Specialist focused on risk tools to prevent our exposure to potential fraudulent practices. This role is based in Las Vegas and will report to the Digital Operations Manager. We are looking for an individual who has a keen eye for detail, has an interest in sports, and wants to become part of a team for a growing US business.
Betfred Sports offers a very competitive benefits package for qualified candidates and is an equal opportunity employer. Come join our growing team!
Responsibilities
· Work with Trade/Compliance/Player Experience teams to help identify potential red flags in user behavior including identity theft, promotional bonus abuse, fraud rings, etc.
· Develop SOPs for identifying trends in fraudulent behaviors.
· Investigate alerts and suspicious activity for potential fraud.
· Review player deposit and withdrawal transactions to identify activity requiring investigation.
· Assist in the discovery, containment, and prevention of fraud and abuse by groups of users.
· Help determine which user metrics and parameters are most relevant and how to track them.
· Must obtain and maintain a gaming license when required in jurisdictions where Betfred Sports does business.
· Other duties as assigned.
Experience and Skills
· Must be at least 21 years of age.
· Must be able to read, write, speak, and understand English.
· Minimum 1 year of experience using multiple third-party tools including iovation, LexisNexis, and ThreadMetrix to identify potential fraud.
· Minimum 1 year of experience analyzing data and reporting to investigate suspected fraud.
· Minimum 1 year of experience creating controls to identify, notify, reduce, or stop suspected fraud.
· Sports betting experience is preferred.
· Interest in sports, casinos, and gaming is required.
This job description in no way states or implies that these are the only duties to be performed by the employee in this position. It is not intended to give all details or a step-by-step account of the way each procedure or task is performed. The incumbent is expected to perform other duties necessary for the effective operation of the department.