Sportsbook Trading and Risk Analyst

Sportsbook Trading and Risk Analyst

Gaming Operations • Full-Time

Job Description

As the Sportsbook Trading and Risk Analyst, you will play a crucial role in strategically planning and executing all facets of risk management for our Sportsbook managed service. This role provides a unique opportunity to institute best practices and cultivate a high-performance culture within a pivotal Sportsbook function. You will be at the forefront of shaping the risk management strategy to optimize trading margins.

The ideal candidate should already possess a deep understanding of the various factors influencing Sportsbook players’ profitability and aim to drive best practices toward automated processes and innovative approaches in Sportsbook risk management. This position calls for a composed and thoughtful leader with effective communication skills tailored to conveying the typical trends associated with the volatility of a Sportsbook.

Responsibilities

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

  • Formulate and implement rigorous risk management processes aligned with industry best practices to safeguard and optimize trading margins.
  • Utilize advanced metrics and cutting-edge reporting tools to analyze the betting behaviors of our partner’s client base, strategically determining future expected value.
  • Execute both quantitative and qualitative risk management decisions, aiming to maximize revenues for our partners in both the Online and Retail sports betting verticals.
  • Adhere to procedural guidelines to ensure the precision and efficiency of high-risk bet acceptance decisions.
  • Conduct a thorough evaluation of partner financial performance, delivering insightful analyses to drive actions that optimize revenues and refine future trading strategy.
  • Spearhead project initiatives aimed at enhancing the efficacy of our tools, processes, and guidelines.
  • Champion best practices in automation processes and innovate in the realm of Sportsbook risk management.
  • Supervise the seamless implementation and utilization of real-time bet monitors, actively contributing to the development of compelling betting narratives.
  • Provide comprehensive analysis and reporting on individual decision-making, fostering a culture of data-informed choices.
  • Collaboratively establish and agree upon a risk matrix with partners to ensure transparent risk communication.
  • Develop, create, and meticulously maintain a reporting suite in collaboration with BI Teams to provide actionable insights.
  • Implement and disseminate statistical data analyses to inform strategic decision-making.
  • Execute transactions related to hedging with precision and efficiency as required.
  • Cultivate collaboration with key stakeholders and establish strong working relationships with the Chief Business Officer, direct reports, and external stakeholders to guarantee alignment and synergy in risk management initiatives.
Requirements
  • Deep knowledge of Sportsbook Trading.
  • Previous Experience with Betradar, Playetech or similar Feed Provider.
  • Excellent communication and presentation skills to convey complex risk management concepts to diverse audiences including the CEO.
  • 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.
  • Analytical mindset, with a high level of attention to details;
  • Previous experience with Trading or Risk in online gaming;

We look forward to hearing from you! Please apply directly using the apply button below. In case you have any further questions about the role, you are welcome to contact us at careers@izigroup.com or our Helpline phone (+356) 2600 7000.