Sportsbook Fraud - Johannesburg - Profession Hub

Description

Job Title: Sportsbook Fraud & Risk Manager

A highly skilled Sportsbook Fraud & Risk Manager is required to lead our team in Johannesburg, overseeing fraud teams and mitigating customer risk through effective analysis of accounts and group trends.

The ideal candidate will have a strong background in risk management, with expertise in managing multiple fraud & risk teams across various platforms. Key responsibilities include:

• Managing multiple fraud & risk teams, covering sports & casino brands in regulated markets.
• Reporting and presenting monthly fraud financials to senior management.
• Leading the sports fraud & risk team, responsible for risk mitigation across the sportsbook in all markets.
• Bonus abuse management using data models to action emerging trends.
• Internal escalations to MLRO regarding suspicious event reports or persons of interest.
• Ensuring gateways and web wallets are correctly screened by the risk rules engine.
• Fraud detection through analysis of financial transactions and data.
• Risk assessment: evaluating changes to products, channels, and processes from a fraud prevention perspective.
• Monitoring clients at an operational level to detect possible fraudulent activity.
• Conducting investigations and resolving confirmed cases.
• Ensuring compliance with anti-money laundering (AML) and responsible gaming practices against statutory and regulatory standards.
• Staying up-to-date with software, trends, and business practices in the fraud environment.
• Identifying suspicious activity using the fraud monitoring tool and other systems.
• Formulating and implementing rigorous risk management processes aligned with industry best practices.
• Analyzing betting behaviors using advanced metrics and reporting tools.
• Preparing internal audits conducted by 3rd party vendors or the gaming board.
• Monitoring sites for suspicious activity and fraudulent transactions.

Requirements:

• Bachelor's Degree in Auditing or Risk Management.
• Minimum 5 years' experience in sportsbook fraud and risk management.
• Experience in managing a team.
• Strong analytical, problem-solving, and communication skills.
• Knowledge of regulatory requirements and potential fraud concerns related to e-commerce.
• Understanding of sports risk management and integrity.