Senior Manager, Risk & Trading

This is a fully remote position, open to applicants in Pennsylvania.

📋 Description

• Design and execute extensive risk management frameworks and strategies specifically tailored for sports gaming operations.

• Assess risk exposure and analyze operational processes to maximize profits while minimizing potential financial losses.

• Supervise daily trading operations, including pricing, market-making, and the management of trading thresholds.

• Ensure that the trading team functions efficiently and effectively within fluctuating market conditions.

• Create and apply analytical and modeling techniques to evaluate market trends, customer behaviors, and risk patterns.

• Leverage insights to guide trading strategies and enhance the overall performance of the sports gaming portfolio.

• Lead, mentor, and cultivate a high-performing team of risk analysts and traders.

• Promote a collaborative and innovative atmosphere, encouraging continuous improvement and professional development.

• Work alongside marketing, product development, and technology teams to ensure that risk and trading strategies align with overarching business objectives.

• Present insights and recommendations to senior management and stakeholders.

• Remain updated on industry trends, emerging technologies, and competitor activities within the sports gaming sector.

• Utilize market knowledge to refine trading operations and risk management practices.

⛳️ Requirements

• A Bachelor's degree in Business Administration, Finance, Economics, or a related discipline is preferred.

• A minimum of 5 years of experience in risk management within the sports betting industry or a related field.

• A proven history of success in managing sportsbook or fantasy sports risk and formulating effective trading strategies.

• Strong analytical and quantitative capabilities, with the ability to interpret data and make swift, informed decisions.

• Familiarity with sports betting markets and trends, including a thorough understanding of betting lines, odds, and pricing models.

• Proficiency in sports data and analytics tools, such as sports data feeds and statistical models.

• Experience with risk management techniques and tools, including exposure limits, hedging, and diversification strategies.

• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with stakeholders at all organizational levels.

• Strong leadership and management abilities, with the capacity to mentor and oversee junior traders.

• Willingness to work beyond standard business hours, as necessary.

🏝️ Benefits

• Competitive salary plus equity.

• Flexible paid time off.

• Comprehensive health, dental, and vision insurance.

• 401(k) retirement plan.

• Paid parental leave.

• $500 stipend for remote work expenses.

• A remote-first work environment.

• Opportunities for professional development in one of the fastest-growing sectors of gaming, within a collaborative workplace culture.