PENN Interactive · 3 weeks ago
Manager, Sportsbook Trading
United States
Full-time
Remote
Lead/Staff
5+ years expPENN Entertainment, Inc. is North America’s leading provider of integrated entertainment, sports content, and casino gaming experiences. They are seeking a highly motivated Sr. Manager Sportsbook Trading to own trading strategies, manage market limits, and collaborate with analytics teams to enhance sports betting products.
GamingGambling
Responsibilities
Own end-to-end trading strategy, margin targets, and commercial KPIs for sports/team responsible for
Ensure all markets are set up with the correct market limits and correctly reviewed as seasons ebb and flow. Ensure desired tournaments are covered and offers are consistently reviewed and updated
Imagining, creating, setting up, publishing, trading, and settling specials – all with a data-driven, scientifically-backed discipline
Monitoring market liabilities and managing customer risk profiles on all digital channels – working hand in glove with analytics teams
Work with analytics teams to investigate market trends to obtain insight that assists in the prediction of customer betting patterns, and improve GGR and NGR
Collaborate with executive leadership/other teams on promotions, product roadmap, and tier-1 events strategy
Drive continuous performance improvement and product quality/depth/coverage
Drive sports product strategy and roadmap
Compilation and circulation of reports to inform stakeholders of business performance and forthcoming activities
Investigate and propose ways to work more efficiently and implement new ideas
Bring and enforce a strong understanding of adherence to your compliance responsibilities
Enforce a high level of communication and transparency across the team while driving collaboration with both other Sportsbook teams and external teams
Be the domain “encyclopedia” for your sports and be very knowledgeable about models driving your sports and their behavior/impact
Set trading philosophies and strategies across the team (aggressive vs conservative pricing, automation levels, etc.) and ensure their implementation/execution
Hold team responsible through continuous performance evaluation and regular performance reporting and ad hoc deep dives
Ensure team has the strategies well understood, communicated and executed
Other duties as assigned
Qualification
Required
Strong analytical and problem-solving ability
Proven experience with a minimum of 5 years in a trading environment required
Good all round sports betting knowledge and a strong interest in betting and odds required
Data-obsessed, not just data-driven. Excellent mathematical skills
Flexibility is a must as working hours will be dictated by business needs. Must be able to work flexible schedules including nights, weekends, and public holidays
Able to multitask and work under pressure
Ability to work in fast-paced environment and make decisions quickly
Must have exceptional time management skills
High attention to detail and precision in delivery
Ability to learn quickly, work independently and in a team setting
Strong initiative and outstanding work ethic
Preferred
Live trading experience would be a big benefit
Comfortability working PST hours
Benefits
Comprehensive Benefits package.
Fun, relaxed work environment.
Education and conference reimbursements.
Most sales positions are eligible for a Commission under the terms of an applicable plan, while most non-sales positions are eligible for a Bonus.
Penn Interactive provides best-in-class benefits to eligible employees.
We provide an array of options, expert guidance and always-on tools, that are personalized to meet the needs of your reality – to help support you physically, financially and emotionally through the big milestones and in your everyday life.
Company
PENN Interactive
Penn Interactive (PI) is an interactive gaming company. It is a sub-organization of PENN Entertainment.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
ERICA WILLIAMS
Human Resources Business Partner
Recent News
TVTechnology
2024-04-23
2024-04-07
Yahoo Finance
2024-02-19
Company data provided by crunchbase