drjobs Sportsbook Trading and Risk Manager

Sportsbook Trading and Risk Manager

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1 Vacancy
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Job Location drjobs

Sliema - Malta

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Sportsbook Trading and Risk Manager

As the Sportsbook Trading and Risk Manager you will play a pivotal role in strategically planning and executing all aspects of risk management for our clientsSportsbook operators managed service. This position offers a unique opportunity to establish a new team implement best practices and foster a highperformance culture within a critical Sportsbook function. You will be at the forefront of shaping the risk management strategy to optimise trading margins.

The ideal candidate will already be fluent in the numerous variables that dictate Sportsbook players profitability and will look to drive the best practices towards automation processes and innovation in managing Sportsbook risk in the future. This role requires a calm and thoughtful leader with communication skills appropriate for communicating the usual trends associated with the volatility of a Sportsbook.

Location: Hybrid / Remote Malta

Responsibilities:

As Sportsbook Trading and Risk Manager your broad responsibilities will include but are not limited to:

    Team Leadership and Development:

    • Help recruit onboard and lead a comprehensive risk management function.
    • Coach mentor and supervise the team to cultivate a highperformance culture.

    Strategic Planning:

    • Create the B2B Sportsbook Risk Management strategy.
    • Define risk management processes and best practices to safeguard and enhance trading margins.

    Collaboration and Communication:

    • Work closely with the Head of Trading Operations direct reports and external stakeholders.
    • Prioritise trading development features related to risk management in collaboration with key stakeholders.

    Innovation and Automation:

    • Drive best practices in automation processes and innovation for managing Sportsbook risk.
    • Collaborate with the Head of Trading Development Trading Product Manager and 3rd party service providers on continuous development.

    Data Analysis and Reporting:

    • Oversee the implementation and use of realtime bet monitors and betting story development.
    • Provide analysis and reporting on individual decisionmaking ensuring datainformed choices.

    Risk Management Tools and Dashboards:

    • Implement and agree on a risk matrix with partners.
    • Develop create and maintain a reporting suite with assistance from BI Teams.
    • Implement and distribute statistical data analysis for informed decisionmaking.

    Hedging and Transactions:

    • Conduct and execute transactions associated with hedging when required.

    Requirements:

    • Deep knowledge of Sportsbook Trading.
    • Excellent communication and presentation skills to convey complex risk management concepts to diverse audiences.
    • Commercial awareness with a deep understanding of variables impacting Sportsbook profitability.
    • Experience working with risk management tools and high exposure to numbers.
    • Familiarity with expected margin analysis and binomial distribution utilising tools for better margin control.

    This role offers a unique opportunity to shape the future of Sportsbook risk management contributing to the organisations overall success.

    Whats in it for you

    We offer an exciting challenging role in a collaborative dynamic environment. The right person will find many career growth opportunities in our company whether you want to advance your technical skills or aspire to leadership in the future.

    Additionally we offer:

      Compensation & Benefits: We offer a competitive basic salary generous bonus and exceptional healthcare benefits. Additionally our compensation package includes a flexible work schedule to support a healthy worklife balance.

      Benefits:

      • Career & competencies development
      • Continuous training
      • Flexible working hours
      • Friendly work climate
      • Competitive salary package
      • Health insurance

      Employment Type

      Full Time

      Company Industry

      About Company

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