Director, Risk Detection & Mitigation

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. Its transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. Were not waiting for the future to arrive. Were shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together. The Crown Is Yours As a Director, Risk Detection & Mitigation, youll lead the strategy behind how we detect and mitigate customer risk across the entire player journey. Youll be the go-to voice for integrating tools, models, and intelligence that keep our platform safe and efficiently balancing innovation with operational excellence. Youll work across Product, Analytics, Data Science, and Operations to identify friction, minimize financial exposure, and drive performance. This is a hands-on, high-impact leadership role where your data fluency and strategic execution will shape how we scale risk management at DraftKings. What youll do as a Director, Risk Detection & Mitigation Risk Detection Strategy: Develop and implement a comprehensive risk detection strategy that aligns with organizational goals and regulatory requirements. Identify, assess, and prioritize risk factors that could impact operational performance and strategic objectives. Act with a sense of urgency to implement strategic initiatives. Cross-functional Collaboration: Work closely with Operations, Product, Analytics, and Data Science teams to create efficient processes for risk identification and mitigation. Ensure alignment across departments for seamless risk response and continuous improvement. Data-Driven Insights: Utilize 3rd party, analytics and data science tools to enhance risk detection capabilities. Serve as singular point of contact for the development of predictive models, machine learning algorithms, and dashboards to monitor potential risks in real time. Risk Assessment and Reporting: Lead periodic risk assessments across the entire customer journey and create detailed reports that offer actionable insights. Present findings to executive leadership and stakeholders, ensuring data-driven decision-making on risk management strategies. Drive consistent improvements through mitigating identified gaps. Regulatory Compliance: Ensure risk detection frameworks comply with all relevant regulatory requirements. Collaborate with Regulatory and Compliance departments to stay updated on emerging regulations and incorporate them into the risk management strategy. Team Leadership and Mentorship: Lead and develop a team of risk analysts, fostering a collaborative environment that encourages innovation in risk detection. Mentor team members to build expertise in risk management and data-driven decision-making. Work closely with cross-functional teams to support risk identification and mitigation efforts. What youll Bring At least 8 years of experience in risk management, fraud detection, or related roles in technology or regulated industries. Bachelors Degree in Finance, Risk Management, Data Science, Statistics, Economics, or a related field. Deep understanding of risk detection technologies and their real-world application across tools, models, and machine learning. Experience with third-party platforms used for fraud or risk analytics (e.g., Sift, NOTO, Braintree). Proficiency in SQL, Python, and data visualization tools such as Tableau or Power BI. A strategic mindset with the ability to synthesize complex systems into clear decisions and frameworks. Strong cross-functional collaboration and communication skills, especially with executive audiences. Experience leading and mentoring analysts or risk professionals, with a passion for team development and innovation. Join Our Team Were a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Dont worry, well guide you through the process if this is relevant to your role. The US base salary range for this full-time position is 152,000.00 USD - 190,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability. DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company. Its simple, at DraftKings, we believe lifes more fun with skin in the game. For that reason, were committed to responsibly creating the worlds favorite games and betting experiences. Headquartered in Boston, with offices around the globe, we believe we can continue to define what it means to be a technology company in sports entertainment. We love what we do, and think you will too.