Jobs · Management · New York

Director Pari-Mutuel and Cash Operations

The New York Racing Association · Jamaica, NY · 1 wk ago
Management$126k–$189k/yrFull-time

Essential Functions

  • Develops tactical and operational plans for the Pari-Mutuel Operations team and supports organizational objectives and business goals.
  • Oversees multiple supervisors and teams, ensuring smooth execution of wagering and cash services operations.
  • Manages budgeting, forecasting, and resource allocation to optimize financial and operational performance.
  • Led process improvement initiatives to streamline operations, reduce costs, and enhance customer satisfaction.
  • Acts as a liaison between operational teams and senior leadership, providing insights and recommendations for strategic growth.
  • Serves as NYRA’s point of contact with the New York State Gaming Commission for mutuel-department related matters.
  • Ensures compliance with all licensing, regulatory, and risk management requirements related to wagering operations.
  • Manages operational aspects of their team (e.g., workflow, performance, and compliance), as well as ensuring the achievement of team goals within established timelines and budgets.

Operational Oversight

  • Direct daily mutuel and cash services operations across NYRA’s tracks, including live race days and simulcast operations while interfacing with NYRA Bets’ digital platforms, as needed.
  • Oversee mutuel clerks, money room and supervisory staff, ensuring efficient customer service and accuracy in all transactions.
  • Cook with NYRA’s tote provider to ensure system reliability, integrity, and rapid resolution of technical issues.
  • Coordinate with NYRA’s customer service, hospitality, and NYRA Bets teams to ensure wagering is seamlessly integrated into the broader guest experience.

Compliance & Integrity

  • Ensure strict adherence to New York State Gaming Commission regulations and internal protocols governing wagering activities.
  • Serve as NYRA’s point of contact with the New York State Gaming Commission for mutuel-department related matters.
  • Ensure compliance with all applicable laws, rules, and regulations governing pari-mutuel wagering, tote systems, and settlement procedures.
  • Implement internal controls and auditing processes to safeguard wagering integrity and minimize operational risk.

Financial Management

  • Track handle performance across pools, tracks, and channels; analyze trends to identify opportunities for growth.
  • Oversee statistics related to daily mutuel pools and assist in reporting to state regulators and industry stakeholders, as required.
  • Develop and manage departmental budgets, staffing plans, and cost-control measures.

Customer Experience

  • Drive continuous improvement of the customer experience for on-track customers.
  • Support marketing initiatives aimed at increasing wagering participation and enhancing customer experience.
  • Leverage customer feedback and wagering data to inform product design and service enhancements.

Similar jobs

Director, Cash Management

Arch Capital Group Ltd.Raleigh-Durham-Chapel Hill Area· 1 mo ago
Sales$120k–$160k/yrapply on archgroup.wd1.myworkdayjobs.com

Director, Cash Management

Arch Capital Group Ltd.Morristown, NJ· 1 mo ago
Sales$120k–$160k/yrapply on archgroup.wd1.myworkdayjobs.com

Director, Cash Management

Arch Capital Group Ltd.White Plains, NY· 1 mo ago
Finance$120k–$160k/yrapply on archgroup.wd1.myworkdayjobs.com

Director, Cash Management

Arch Capital Group Ltd.Jersey City, NJ· 1 mo ago
Finance$120k–$160k/yrapply on archgroup.wd1.myworkdayjobs.com

Director, Cash Management

Arch Capital Group Ltd.New York, NY· 1 mo ago
Finance$120k–$160k/yrapply on archgroup.wd1.myworkdayjobs.com