Description
Fanatics Betting & Gaming (FBG) is seeking a highly motivated Risk Trader I to join our growing Trading team and help shape an engaging, customer-focused live betting experience. Reporting to a Trading Manager, you'll support a variety of trading activities including real-time market management, data analysis, and feature testing.
This role focuses on Live International Sports, including Tennis, Soccer, and European Basketball, and offers the opportunity to work within a collaborative, fast-paced, and sports-obsessed environment. A passion for customer experience and teamwork is essential to success in this position.
Responsibilities
Monitor live sporting events and actively manage in-play betting markets and liabilities.
Demonstrate expertise in identifying and responding to sharp customer behavior, ensuring market integrity and contributing to effective risk management strategies
Conduct data analysis to model the probability of sporting outcomes and adjust pricing accordingly.
Test and provide feedback on new sportsbook features, trading tools, and predictive models.
Analyze market movements, betting behavior, and competitor offerings to ensure price accuracy and competitive positioning.
Collaborate with cross-functional teams including Commercial, Marketing, Product, Engineering, and Operations to design a seamless and scalable betting experience.
Drive customer-centric strategies by aligning trading decisions with user feedback, data insights, and entertainment value.
Contribute to the continual enhancement of trading processes, tools, and market offerings.
Support various teams within the Trading department as needed, with a team-first and proactive mindset.
Operational Flexibility: Willingness to work flexible hours, including evenings, weekends, and holidays. Occasional travel to events or other Fanatics offices may be required.
Qualifications
Minimum 2 years of experience as a Sports Trader in the sports betting industry.
Strong knowledge and passion for sports, particularly in Tennis, Soccer, and European Basketball.
Proficiency in interpreting data and translating it into real-time pricing and risk decisions.
Comfortable working in high-pressure, fast-paced environments requiring rapid decision-making.
Experience with sportsbook platform testing and trading model development is a plus.
Strong collaboration and communication skills with a team-oriented mindset.
Analytical thinker with excellent problem-solving abilities and a desire to learn.
Familiarity with betting markets, odds formats, and trading software tools.
The expected salary range for this role is based on job-related knowledge, skills, and experience. This role is eligible for the Fanatics Betting and Gaming annual bonus program.
*Salary range is listed in USD; ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. *Salary Range: $61 - 75k (Salary range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual Offer is confirmed). In addition to the base and bonus full-time employees are eligible for Medical, Dental, Vision, 401K, paid time off, and other benefits like Wellhub, Pet Insurance, Family Care Benefits, Free Shipt deliveries, and more. We’ll also give you $500 to set up your home office! For information about our benefits, please visit