Bettingjobs.com are currently recruiting for a Head of Trading In Play for a leading sports betting operator based in Gibraltar and Malta.
●Report directly to the Head of Trading & Risk Management
●Lead and develop a team of in play traders / monitors, possibly across multiple locations, that will support your KPIs in the role of Head of In Play Trading
●Liaise with specific sports traders and the Sportsbook Control department to ensure appropriate provision of resource in line with business requirements
●Responsibility for the accurate and timely provision of events, markets and odds for our in play betting product. These would be both feed driven and manually created.
●Overall responsibility for liabilities and positions across the entire in play betting product (trading)
●Overall responsibility for achieving revenue and margin targets for your key products and contributing to the Group Sportsbook contribution
●Overall responsibility for the monitoring and responding to activity or information that could impact the profitability of the in play betting product
●Monitor appropriate competitor markets and take action as required
●Assist in the business operation process within the overall Sportsbook department as required.
●Work with Risk Management and Quant to develop, execute and monitor the in play trading strategy and principles of the in play betting product
●Work with Risk Management and Quant to analyse and develop the trading framework for different markets and event profiles
●Work with Risk Management and Sportsbook Control to calculate and communicate the risks acceptable for betting activity for selected sports and leagues
●Assist Risk Management with the identification of a customer's / group of customers' risk profile.
●Assist the Quant and Data Science teams in their work helping to continually improve our in play betting KPIs
●Coordinate with the internal Sportsbook team on Strategy, Marketing, Promotional and Operational issues
●Work alongside the broader Sportsbook team and other key stakeholders to ensure accurate customer management.
●There may be a requirement to work a shift pattern including evenings, weekends and bank holidays to meet the needs of the business.
●Experience in leading and developing a team.
●In depth demonstrable knowledge of the methods and maths that apply to in play bookmaking.
●Excellent analytical background with the ability to relate to both business and technical functions, including an understanding of the application of advanced data usage through quantitative analysis (price modelling, propensity modelling, trading algorithms etc).
●Excellent attention to detail and the ability to deliver solutions in exacting timelines and demanding environments.
●Strong understanding of Microsoft office products particularly Excel.
●Understanding of customer profiling and behavioural trends.
●A keen interest in sports and/or sports betting
●Hard working, flexible and enthusiastic about meeting challenges with solutions.
●Industry experience is essential for this role.
●Fluent in English, both written and verbal, is essential