BettingJobs is searching for a Sports Trading Manager to join a thriving and expanding Sportsbook operation at their Sofia office. In this role, you will lead the development and execution of the trading strategy across the business.
As the Sports Trading Manager, you will lead and cultivate a team of Traders through hiring, coaching, and mentoring, ensuring a highly engaged, performance-driven, and results-oriented environment. You will also be responsible for collaborating with stakeholders to formulate a strategic plan for advancing the Sportsbook, setting clear vision and KPIs to achieve optimal Sportsbook margins.
This role is well suited to an knowledgeable sports trading professional with experience of managing, developing and mentoring a high-performing trading team.
Responsibilities:
- Lead and cultivate a team of Traders through hiring, coaching, and mentoring, ensuring a highly engaged, performance-driven, and results-oriented environment.
- Collaborate with stakeholders to formulate a strategic plan for advancing the Sportsbook, setting clear vision and KPIs to achieve optimal Sportsbook margins.
- Facilitate ongoing communication between Trading & Sportsbook Support teams
- Manage real-time event coverage tools to uphold trading standards as per service level agreements (SLAs), updating odds in accordance with market changes.
- Provide hands-on support for manual odds setting, covering a range of sports, events, and markets, including both pre-match and live betting.
- Implement and oversee betting limits across all offerings, ensuring compliance and market competitiveness.
- Coordinate with the content management and marketing teams to guarantee that event listings are accurate, timely, and engaging for users.
- Work with trading and development teams to enhance trading models and integrate new features, maintaining a competitive edge in the market.
- Develop and maintain comprehensive reports on sports profitability, collaborating with Business Intelligence (BI) teams to leverage existing data systems.
- Analyse and report on sports P&L, ensuring alignment with partnership agreements and strategic goals.
- Conduct industry benchmarking to evaluate and refine trading and pricing strategies, ensuring they meet global best practices.
- Contribute to the product development process, raising and prioritizing feature requests to continuously improve our trading platform.
Requirements:
- Significant experience in Sportsbook trading, understanding all related processes and back-end functionalities.
- Deep knowledge of sports betting, including market trends, rules, and trading innovations.
- Exceptional leadership and communication abilities, with a history of inspiring and guiding teams to achieve collective goals.
- Strong financial acumen with extensive experience in odds compilation and trading KPIs.
- Analytical mindset with a keen attention to detail, ensuring accuracy in sports margin management.
- Customer-oriented mindset, adept at balancing profitability controls with partner and player satisfaction.
- Proactiveness, with the initiative to anticipate partner and user needs in the Sportsbook sector