Jr Trader

Location Secaucus,New Jersey
Job Type Permanent
Salary
Reference 31277

WHO ARE WE?

 

888spectate is part of the 888 Group, a global leader in the online gaming industry for over 20 years. 888 is listed on the London Stock Exchange since 2005. 888 offer an innovative and world-class experience in online games including casino, poker, sports betting and bingo. In Dublin we are developing the next generation of 888’s sports betting platform.

 

Through innovation we give our customers the most compelling and entertaining gaming experience possible. We are bringing the very best in e-Commerce practices to the sportsbook sector.

888spectate, part of the 888 Group, a global leader in the online gaming industry, is looking for a Junior Trader to be involved in the day to day odds compilation, event management and risk management of the sports book. The candidate will have the enthusiasm and drive to develop and enhance our existing product.

 

WHAT WE WANT?

 

Experience in a similar role is desirable but not essential, additionally he or she will have an excellent knowledge of mathematics and odds with a strong analytical background and a proven ability to drive P&L of our sportsbook product across a variety of platforms. The Candidate must possess first class communication skills with the ability to liaise at all levels.

 

WHAT IS EXPECTED OF YOU?

 

• Assistance in compilation of odds for Sportsbook in a timely and accurate fashion.
• Present accurate ante-post opinions on Sports book that are verifiable through P&L review.
• Continuously monitor and respond to information impacting on the profitability of Sports book
• Monitor competitor markets and react appropriately to any unusual market moves via Senior Traders
• Assist in the business operation process within the Sports book department as required.
• Develop, execute and monitor the trading strategy and principles of the online sports book product
• Analyse and create the trading framework for different sports and divisions
• Calculate and communicate the risks acceptable for betting activity for selected sports and leagues
• Analyse, Monitor and Manage customer’s risk profile and betting limits via Risk profilers
• Coordinate with the internal sportsbook team on Strategy, Marketing, Promotional and Operational issues
• Work alongside the Customer Services and Fraud and Finance to ensure accurate customer management and safeguard the company’s assets

 

WHAT YOU NEED?

 

• Strong knowledge of the Mathematics and Statistics that apply to Sportsbook
• Strong understanding of Microsoft office products particularly Excel.
• A keen interest and experience in Sports is essential.
• Excellent analytical background with the ability to relate to both business and IT.
• Highly business aware with an ability to react positively in response to changing situations.
• Excellent attention to detail and the ability to deliver solutions in exacting timelines and demanding environments.
• Hard working, flexible and enthusiastic about meeting challenges with solutions.

 

DESIRABLES

 

Degree or equivalent in a mathematical or statistically related discipline or the equivalent experience

 

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