Fraud Operations Team Lead
@ Underdog

Hybrid
$90,000
Hybrid
Full Time
Posted 23 days ago

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Job Details

About Underdog

At Underdog, we make sports fun by building top products in fantasy sports, sports betting, and prediction markets. We are one of the fastest-growing sports companies, recently valued at $1.3B. We value people who care, push, and perform.

About This Role: Fraud Operations Team Lead

This role bridges leadership and frontline work by guiding a team while remaining hands-on in daily operations. It involves real-time coaching, setting cultural tone, and ensuring effective execution of fraud detection and prevention strategies.

Key Responsibilities

  • Lead and develop Fraud Associates investigating suspicious activity.
  • Utilize internal and third-party tools to detect fraud trends.
  • Collaborate with FraudOps Manager to set and achieve KPIs.
  • Work with Product, Engineering, Compliance, and Responsible Gaming teams.
  • Oversee team performance with mentorship, feedback, and check-ins.
  • Build and implement new fraud detection and prevention methods ensuring compliance with regulations like KYC and Anti-Money Laundering.

Who You Are

  • 3+ years in Fraud or Risk Operations.
  • At least one year in a team leadership role.
  • Highly analytical with excellent critical thinking and investigative skills.
  • Strong verbal and written communicator.

Even Better If You Have

  • Experience in online sports betting or gaming industry.
  • Knowledge of fraud detection tools and performance management techniques.
  • Passion for customer experience and operational efficiency.
  • Proven cross-functional collaboration skills.

Compensation & Benefits

Base salary between $90,000 and $95,000 plus target equity. Other benefits include unlimited PTO (with initial NFL season restrictions), 16 weeks of fully paid parental leave, home office stipend, a connected virtual-first culture, 5% 401k match, and company-paid health, dental, and vision plans.

Additional Information

This position may require sports betting licensure based on state regulations. Underdog is an equal opportunity employer.

Key skills/competency

Fraud detection, Leadership, Risk operations, Mentorship, Analytics, KYC, Anti-Money Laundering, Sports betting, Compliance, Teamwork.

How to Get Hired at Underdog

🎯 Tips for Getting Hired

  • Customize your resume: Highlight fraud detection and leadership skills.
  • Research Underdog: Study their products, mission, and news.
  • Showcase relevant experience: Emphasize risk operations background.
  • Prepare for behavioral interviews: Practice real-life team leadership scenarios.

📝 Interview Preparation Advice

Technical Preparation

Review fraud detection analytics tools.
Study internal reporting dashboards.
Brush up on compliance regulations.
Familiarize with KYC and AML methods.

Behavioral Questions

Describe a challenging leadership moment.
Explain handling team conflicts effectively.
Discuss a time you improved processes.
Share an example of cross-team collaboration.

Frequently Asked Questions