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.
Depending on the role, your interview and onboarding experience may include in-person components, such as onsite interviews or Launching into Better: LIVE—a multi-day cultural immersion in New York City for full-time, non-seasonal hires. These sessions are designed to build connection and bring our culture to life, though specific travel and participation requirements will be confirmed based on your role and location. Your recruiter will provide clear guidance at each stage of the process.
Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.
Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics, a global digital sports platform. The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U.S. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates twenty-two retail sports betting locations, including the only sportsbook inside an NFL stadium at Northwest Stadium. Fanatics Betting and Gaming is headquartered in New York with offices in Denver, Leeds and Dublin.