Full-Time

High Value Payment Operations Associate

Posted on 2/12/2025

FanDuel

FanDuel

1,001-5,000 employees

Fantasy sports platform for cash prizes

Compensation Overview

$19.71 - $26.97/hr

+ Cash Bonuses + Stock Program Participation

Entry, Junior

New York, NY, USA

Category
Risk Management
Treasury
Finance & Banking
Requirements
  • Experience in the banking and payments industry preferred
  • Strong communication skills with internal and external customers
  • Great understanding and experience with Microsoft Office Suite (Excel, PowerPoint, Word) or Google Suite (Sheets, Slides, Docs) including a strong understanding of Spreadsheet Functions (VLOOKUP, SUMIF, etc.)
  • Understanding of online betting or casino industry is a plus
  • Licensure: Must pass required licensing as mandated by various state regulatory bodies. Failure to be licensed or retain licensure will result in termination of employment.
Responsibilities
  • Provide excellent inbound support and become experts on both payment and fraud related contacts for high value players
  • Conduct risk assessments on VIP users to determine additional benefits from Payments and Fraud perspective
  • Independently determine fraudulent activity and act according to agreed procedures with regards to transaction acceptance, account blocking and further checks.
  • All high value payments will be reviewed and monitored to be processed as quick and efficiently as possible
  • Coordinate with payment providers to gather information related to deposits and withdrawals to improve processing and deposit rates for all Players.
  • Review and escalate inefficiencies identified from payment reports or issues raised, to develop, test and improve with Leadership team
  • Liaise with Customer Support, Fraud Support/Prevention, VIP Team and other internal teams to assist high value players resolve any ongoing issues as efficiently as possible
  • Monitor and review both incoming and outgoing wire transactions for all players including high value patrons
  • Provide users with tax information such as win/loss statements, W-2G’s and 1099’s
  • Collaborate with the finance team to complete stop payments on checks
  • Maintain up-to-date knowledge of payment related updates that the company releases (proactively educate high value patrons regarding any new options that become available)
Desired Qualifications
  • Bachelor’s degree from accredited university in a related field preferred.

FanDuel operates a fantasy sports platform where users can join daily and weekly contests to win cash prizes. Participants create fantasy teams by selecting real players from various sports, including football, basketball, and baseball, and their teams earn points based on the actual performance of these players in games. FanDuel generates revenue through entry fees for these contests and enhances the user experience with features like live scoring updates and player news. Unlike some competitors, FanDuel focuses primarily on the U.S. market and is actively expanding its services, although it does not currently offer contests in the UK. The company's goal is to provide an engaging platform for sports enthusiasts to enjoy fantasy sports and compete for cash rewards.

Company Size

1,001-5,000

Company Stage

Acquired

Total Funding

$4.6B

Headquarters

New York City, New York

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • Expansion into Puerto Rico opens new markets and user acquisition opportunities.
  • Partnership with Carolina Panthers strengthens brand presence in North Carolina.
  • Integration of AI for personalized experiences can boost user retention and satisfaction.

What critics are saying

  • Increased competition in Ontario could dilute FanDuel's market share.
  • In-person registration in Puerto Rico may limit user acquisition compared to online methods.
  • High marketing costs for sports partnerships may impact profitability if not offset.

What makes FanDuel unique

  • FanDuel offers unique parlay features for college basketball tournaments, enhancing user engagement.
  • The Bet Back Token allows users to recover wagers, a first in the industry.
  • FanDuel's partnership with NFL legends enhances brand visibility and user interaction.

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Benefits

From peer-to-peer learning to industry conferences, there are a number of ways to develop your career

From your head to your toes we’ve got you covered with our 100% health insurance coverage

We keep a well-stocked supply of snacks and refreshments to keep you going throughout the day

Flexible hours and vacation scheduling let you work when you’re at your best

We provide the latest tech and equipment, you get the job done

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Pocket Gamer
Mar 16th, 2025
Company Spotlight: Worldwinner

Stay InformedGet Industry News In Your Inbox…Sign Up Today. Company Name:. WorldWinner

PR Newswire
Mar 14th, 2025
Fanduel Unveils New Product Enhancements To Offer Customers Unparalleled Flexibility In Time For March Basketball

Exclusive new features include an exclusive ability to combine picks from multiple tournament rounds into one parlay and a new Bet Back Promotional TokenNEW YORK, March 14, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, today announced new industry-first product innovations in time for the March college basketball tournament, including an exclusive tournament feature that allows customers to combine picks across multiple rounds into a single parlay and a new Bet Back Token that allows customers to get out of a bet if it is not going to plan. The Bet Back Token will be available for use on any college basketball game beginning March 17, and customers can also begin building their tournament parlays once the bracket is set on Sunday, March 16.College basketball fans can now stack bracket predictions into a single parlay and finally Bet their Bracket. Only available on FanDuel, customers can enjoy more flexibility and combine multiple tournament bets into one parlay, including teams to reach the round of 16, win their region and cut down the nets. This marks the first time customers can build parlays that include bets from multiple rounds of the tournament, allowing customers to transform their brackets into bets. FanDuel is the only sportsbook offering this way of building a parlay for the men's basketball tournament.The new Bet Back Token is a first-of-its-kind reward that gives FanDuel customers the option to get their wager back in Bonus Bets if it is not going to plan. The token comes in handy when a leg of a parlay is trending poorly, there is a player injury or if the customer's team is way down with just minutes remaining

PR Newswire
Jan 16th, 2025
Fanduel Brings America'S #1 Sportsbook To Puerto Rico

Sports fans in Puerto Rico can head to the FanDuel Sportsbook retail location in San Juan to register with FanDuelNEW YORK, Jan. 16, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company, announced the availability of FanDuel Sportsbook within Puerto Rico and the opening of a new retail sportsbook in partnership with CAGE Puerto Rico II ("CAGE Sports") at #53 Edificio El Caribe, Calle Palmeras in San Juan.Registration and New Customer OffersPuerto Rican residents who are at least 18 years of age can visit the FanDuel Sportsbook in partnership with CAGE Sports in San Juan to register with FanDuel and set up an account. Tourists and visitors can register as well and enjoy placing bets during their stay. Customers must sign up in-person at the retail location to use the FanDuel Sportsbook app. Once registered and validated, customers who make their first wager of at least $5 will receive $200 in Bonus Bets. Bonus Bets can be used to bet on college basketball, NBA, NFL, MLB, NHL, MMA, golf, boxing, soccer and more.America's #1 SportsbookThe FanDuel Sportsbook app is simple, secure and convenient and offers a best-in-class platform with features for both new and experienced bettors, including:Customer Focused : FanDuel Sportsbook offers safe and secure banking, lightning-fast payouts, a Cash-Out early feature and 24/7 customer service.: FanDuel Sportsbook offers safe and secure banking, lightning-fast payouts, a Cash-Out early feature and 24/7 customer service

PR Newswire
Jan 10th, 2025
Peyton Manning And Eli Manning Face Off Live At Super Bowl Lix In Fanduel'S "Kick Of Destiny 3" Campaign

FanDuel customers can make a free pick in the FanDuel Sportsbook app on which Manning they think will win a live field goal competition for a chance to win a share of $10 million in Bonus BetsNEW YORK, Jan. 10, 2025 /PRNewswire/ -- FanDuel, North America's premier online gaming company and an Official Sports Betting Partner of the National Football League, announced that Peyton Manning and Eli Manning, both two-time Super Bowl Champions, will compete head-to-head on Super Bowl Sunday for the first time in their legendary careers as they face off at Super Bowl LIX in the next installment of the Kick of Destiny. In FanDuel's "Kick of Destiny 3," the Manning brothers will have to win with their legs instead of their arms in a kicking competition where they will both attempt field goals live in New Orleans on Super Bowl Sunday

Covers
Apr 1st, 2024
Soft2Bet Granted Certificate of Registration in Ontario

More legal, regulated options in the marketplace is good for Ontario bettors, but it will be interesting to see how Soft2Bet competes with the likes of bet365, FanDuel, DraftKings, and the other major players in the Ontario iGaming space.

INACTIVE