Remotery

Senior Manager, Sportsbook Trading

atPenn InteractiveUS flagUnited StatesFull-timeManagerSenior$115k – $165k/year

Posted May 2

📋 Description

• Take charge of the complete trading strategy, margin objectives, and commercial KPIs for the designated sports or teams.

• Ensure that all markets are properly established with the appropriate limits and are regularly reviewed as the seasons progress. Confirm that desired tournaments are included and that offers are routinely assessed and updated.

• Envision, create, set up, publish, trade, and settle specials, all grounded in a data-driven and scientifically-supported approach.

• Monitor market liabilities and manage customer risk profiles across all digital platforms, collaborating closely with analytics teams.

• Partner with analytics teams to explore market trends for insights that aid in predicting customer betting behaviors, ultimately enhancing GGR and NGR.

• Work alongside executive leadership and other teams on promotions, product development, and strategies for tier-1 events.

• Propel continuous improvements in performance, product quality, depth, and coverage.

• Lead the strategy and roadmap for sports products.

• Compile and distribute reports to keep stakeholders informed about business performance and upcoming initiatives.

• Investigate and suggest methods for improved efficiency and the implementation of innovative ideas.

• Maintain a strong understanding of compliance responsibilities and enforce adherence to them.

• Foster high levels of communication and transparency within the team, encouraging collaboration with other Sportsbook teams and external partners.

• Become the go-to expert for your sports, possessing extensive knowledge of the models that influence their behavior and impact.

• Establish trading philosophies and strategies throughout the team (e.g., aggressive vs. conservative pricing, automation levels) and ensure their execution.

• Hold the team accountable through ongoing performance evaluations, regular reporting, and in-depth analyses as needed.

• Ensure that team strategies are clearly understood, communicated, and effectively implemented.

• Perform other related duties as assigned.


⛳️ Requirements

• Strong analytical and problem-solving skills.

• A minimum of 5 years of proven experience in a trading environment is required.

• Live trading experience would be a significant advantage.

• Comprehensive knowledge of sports betting and a keen interest in betting and odds are essential.

• Data-obsessed rather than just data-driven, with excellent mathematical abilities.

• Flexibility is crucial as working hours will be determined by business needs, including nights, weekends, and public holidays.

• Must be able to multitask and thrive under pressure.

• Ability to work in a fast-paced environment and make swift decisions.

• Exceptional time management skills are required.

• High attention to detail and a commitment to precision in delivery.

• Ability to learn quickly and work independently as well as part of a team.

• Strong initiative and an outstanding work ethic.

• Comfortable working during PST hours.


🏝️ Benefits

• Competitive compensation package.

• Comprehensive benefits package.

• Enjoyable and relaxed work environment.

• Reimbursements for education and conferences.

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