Senior Betting Risk Team Leader

Umhlanga
Salary: Market Related
Job Type: Permanent
Sectors: Hospitality General
Reference: 116975

Apply before Feb 07 2025 | 31 Days left

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Vacancy Details

Employer: Hollywoodbets

Being a part of the Hollywoodbets Purple Team is an opportunity to become a part of one of South Africa’s biggest success stories. From humble beginnings in Durban, Hollywoodbets has grown into a powerhouse brand operating across Africa and the United Kingdom. And that’s just the beginning. Our talented Team is on a mission to increase our global footprint, ready to take on any challenge because at Hollywoodbets, not even the sky is the limit. Join our Team and let’s reach for the stars.

We have an amazing opportunity for a Senior Betting Risk Team Leader to be based in Umhlanga. Do you think you have what it takes to be our newest Purple Star?

The position will be responsible for analyzing betting and financial information to optimize risk reporting and risk identification. Advise on the financial risk management pertaining to report commentary, analytics and insights whilst coordinating team deliverables, managing the day-to-day operations within the department and leading a team of betting risk analysts. Key attributes that we seek in a candidate is an individual proficient with organization platforms and product types and who can solve complex problems. The ideal candidate will have overall inherent traits such as paying attention to detail and applying balanced judgement in decision making.

With Hollywoodbets You Will:

Innovate and create as part of a like-minded, authentic Team eager to achieve goals.

Embrace challenges and the thrill of working in a vibrant and fast-paced industry.

Grow with our development plans and culture that allows you to further your career.

You Bring:

Valid Driver’s License
Computer literate (advanced excel)
At least 2 years’ experience in a role within an Internal Audit function or Risk Management.
Experience in working with big data, advanced excel and SQL

A Bonus To Have:

Own Transport
Relevant Degree

What You’ll Do For The Brand:

Financial Metrics/Operational Duties :

Develop appropriate processes and control systems to ensure mitigation of risk relating to the ibranch operations.
Lead the design and establishment of a strong controlled environment, ensuring timely identification and resolution of risks.
Facilitate with the development and review of robust standardized Standard Operating Procedures (SOP) and maintenance thereof.
Report daily on operational progress and findings as well as compilation of monthly reports to be distributed to management highlighting key risk areas and operational performance.
Create exception reports and alerts to inform the respective parties of any anomalies identified in the betting system in order to mitigate risks.
Effectively communicate findings to the process owners and support the mitigation of control weaknesses in a collaborative manner.
Evaluate the adequacy and effectiveness of internal controls and agreed management actions.
Timeous and accurate reporting of findings with material value or risk.
Work closely with the development and operational teams to test integrations and new products.
Design and lead a strong control environment in the business by effectively communicating to relevant stakeholders and address challenges and gaps in a timely manner.
Continuously look to improve efficiency and effectiveness through ongoing learning/development and new techniques.
Perform consulting activities and ad hoc assignments as they arise.
Able to build effective teams that are committed to organizational goals and initiatives.
Foster a team culture that is aligned with the organization’s goals and initiatives, promoting continuous learning and development.
Assist betting risk analysts with their daily tasks and step in when required.
Proactively identify opportunities to improve operational efficiency and effectiveness through process optimization and the adoption of new techniques.
Take on consulting activities and ad hoc assignments as needed to support the organization's objectives.
Attend risk mitigating workshops/seminars.

People

Approval and creation and maintenance of roles and job descriptions and KPIs/KPAs.
Lead and mentor the Betting Risk team, providing guidance and support for risk analysts with their daily tasks.
Performance management of team members and disciplinary
Enforcing ethical, honest, transparent, fair work environment
Approving and identification of training as and when needed for team members
Formal setting up of individual team member meetings (Initial meeting to layout the KPIs/KPAs, quarterly tracking meeting, half year review and year-end review
Ensure the adequate recognition and motivation of team members, celebrating achievements and fostering a positive work culture.
Talent retention (through role creation, career path planning)
Approve and identify training needs for the team, ensuring all team members have access to the necessary learning opportunities to excel in their roles.
Succession planning
Sustainable morale and team building
Ethics and fraud workshops
Recruitment and related interviews
Induction and comfort or new team members
Monitoring of sick leave
Approval of leave, bio time, phone usage
Implementation of HR initiatives
Monitoring of team member productivity, punctuality, breaks and smoke breaks
Approving and monitoring of overtime
Promotion of a healthy work environment
Oversee the planning and approval of team members' schedules, including managing shifts, breaks, and time off to maintain optimal productivity and efficiency.

Compliance, risk and quality

• Legal agreements in place with all suppliers (where applicable)

• Creating, maintaining and enforcing company policies and procedures

• 100% compliance with health and safety regulations (where applicable)

• Compliance with relevant laws, regulations and affiliated professional standards

• Regular risk assessments and maintenance of the risk register

• Intense focus on quality with regards to communication, capturing, documentation etc

• Maintenance of department process write-ups/ system descriptions and quarterly updating

• Ensure logical saving of all work, templates, etc. monthly and yearly such that each year’s financial records can stand on its own when enquiries/ investigations/audits take place

• records can stand on its own when enquiries/ investigations/audits take place

• Produce high quality, neat, logical, succinct, easy to follow, easy to understand, formula linked work/templates/workbooks/financial models/recons/audits - of which is substantiated by facts with no numbers in the formulas

• Ensure the above (final version) and other documents are chronologically saved/backed up

• Summarize the detailed daily findings on the designated software or relevant workbook and submit a daily report to the Group Internal control accountant and Finance executive.

• Report suspicious behavior and fraud findings immediately

• Promote declaration of all gifts

• Promote non acceptance of kickbacks. Instances to be reported immediately

• Promote declaration all conflicts of interest upfront

• Promote a culture of confidentiality within the business with regards to the protection of personal information.

• Promote a culture of compliance with FICA and AML regulations with regards to reporting of suspicious transactions.

• Promote the Code of Ethics (Integrity, Objectivity, Confidentiality and Competence)

• Ensure all personal information of employees, customers and suppliers and other stakeholders is not shared and is maintained in a secure environment.
• Stay abreast with changes in the relevant industry and changes to relevant Acts/Regulations.

Growth and new markets/products

Manage and nurture key supplier relationships to ensure alignment with company objectives and risk management strategies.

Negotiate and maintain contracts with suppliers, ensuring they meet the company’s standards and regulatory requirements.
Lead or assist in the development of new software solutions and enhancements to existing products, ensuring they meet the evolving needs of the business.
Ensure that measures are put in place and steps are taken to achieve short term, medium term, long term goals
Drive continuous improvement in betting operations by researching and implementing innovative technologies and processes.
Assist with other company projects as needed, providing leadership and expertise in areas related to betting risk management, product development, and innovation.
Ensure projects are delivered on time, within scope, and in accordance with budget, providing regular updates to stakeholders.

What You’ll Bring To The Team:

• Good communication and interpersonal skills

• Demonstrate good presentation skills.

• Excellent attention to detail skills.

• Demonstrate the ability to facilitate workshops on a professional manner.

• Demonstrate the high energy, enthusiasm and motivation in execution of work.

• Follows through and delivers results despite obstacles.

• Demonstrate and exceptional level of customer service and quality standard.

• Good coaching skills

• Excellent Administration skills.

So, are you ready to level up, learn, and perform at your best? Apply now!

Please be advised that should you not be contacted within 30 days, kindly consider your application to be unsuccessful.

Apply

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About Hollywoodbets

At Hollywoodbets, we believe that everyone should be treated like a STAR. Whether they are in one of our retail branches or online in the comfort of their own home, all our customers get the larger-than-life Hollywood experience, glitz, glamour and world-class entertainment. But behind the success of every Hollywood Star, is a dedicated and hard-working Team, who strive for success.

Born and bred on the sunny coast of Durban, our brand has expanded beyond our 90 branches to offer state-of-the-art online, telephonic and mobile betting platforms on a global scale.

Our success is driven by our Purple Team who pride themselves on first-class customer service while working together to go beyond the limits, ensuring that we are the bookmaker of choice in South Africa, Mozambique, Kenya, Ireland and the UK.

Being a part of our Team also means being associated with sporting stars like the Hollywoodbets Dolphins, Cell C Sharks as well as Premiere League football club, Brentford FC. Team Members can take pride in being part of a company that has naming rights to the Hollywoodbets Kingsmead cricket stadium, Hollywoodbets Kings Park rugby stadium and racecourses such as Hollywoodbets Greyville, Hollywoodbets Scottsville, Hollywoodbets Kenilworth and Hollywoodbets Durbanville.