About this role
About the Role A Sports Prediction Market Trader operates at the intersection of data analytics, financial expertise, and a passion for sports. This role involves market-making in sports prediction contracts and managing risk in sports prediction markets. The trader’s objective is to leverage their understanding of both sports and market dynamics to maximize profits while carefully managing risks. What You'll Do
- Monitor 24/7 market activity and update trading models with the latest data in collaboration with the team.
- Conduct pre-market and post-market analyses of upcoming sporting events, identifying key opportunities and risks.
- Place trades across multiple markets, responding to changes in live odds, news reports, and betting flows.
- Communicate with team members to discuss strategies, notable events, and market shifts.
- Monitor active positions, adjust orders, and hedge exposures throughout the day.
- Analyze trade outcomes and refine predictive models for future events.
- Prepare end-of-day summaries, performance reviews, and compliance reports. What We're Looking For
- Bachelor’s degree in Mathematics, Statistics, Economics, Finance, Computer Science, or a related discipline. Advanced degrees are an asset.
- 5+ years of profitable sports prediction trading experience on a leading trading desk in a bank, proprietary trading firm, or market-making shop.
- Demonstrated experience in successfully building and managing trades.
- Familiarity with Python and a keen interest in expanding your technical skillset.
- Strong critical thinking skills and a commitment to continuous improvement.
- Excellent organizational and interpersonal skills, with strong attention to detail.
- Adaptive, self-motivated, enjoy challenges and responsibility, and thrive in fast-paced, competitive environments.
- Experience with prediction market platforms, sports betting exchanges, or similar financial environments.
- Ability to work effectively under pressure and in dynamic, fast-paced environments. Nice to Have
- Advanced degrees are an asset. Compensation & Benefits
- Salary: $120,000 - $180,000 a year.
- Benefits: Competitive salary, 401(k) plan with employer match, eligible for company-sponsored group health, dental, vision, and life.