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TraderBetMGM • Baltimore, MD, US
Trader

Trader

BetMGM • Baltimore, MD, US
21 days ago
Job type
  • Full-time
Job description

US Sports Trader

As part of the trading team, the US Sports Trader trades US major league and college sports (American football, baseball, basketball and ice hockey). This also includes managing risk, market liabilities and supporting the product.

Responsibilities include :

  • Day-to-day trading with market moves on games, player props and futures betting. Compile and trade prices on a variety of markets. Reacting quickly to market moves to keep in line with the wider market.
  • New market creation across all sports and settlement. Being aware of what markets need to be settled in a timely manner that may not be automated. Constantly coming up with new markets to improve customer experience.
  • Monitor market liabilities. Being aware of risk across all markets and reacting accordingly. Being on top of our stop loss system and regularly updating so markets are on site at their fullest.
  • Manage customer risk profiles. Identifying customers betting patterns on different levels through approvals function and betting scrollers.
  • Support all product initiatives. Delivering on a wide range of markets to suit all customers.
  • Bet Acceptance. Accepting bets through our approvals functionality requiring quick decision making.
  • Working with compliance department with new sport, league and market approvals from new and already open US states.
  • Working with content team on the delivery of an optimal site for a better customer experience by flagging any display issues.

Until fully licensed as required by state regulations, this position will support trading by providing operational support to ensure the seamless execution of our Sports Trading lifecycle and enhance the overall customer experience. Responsibilities will include :

  • Assisting traders in day-to-day operations with market moves on games, player props and futures betting.
  • Full-time trading training. Acquire knowledge about Sportsbook tools, platforms, and processes.
  • Support the team in the resolution of issues impacting the trading team with both online and retail Sportsbooks.
  • Provide operational support to Sports Trading team by creating betting sheets, configuration of new leagues and markets, and other tasks as assigned.
  • Essential functions include :

  • Must be able to stand or sit and operate computers and other technological devices for extended periods of time.
  • Qualifications include :

  • High school or equivalent.
  • 2+ years of experience in Trading US Sports.
  • Passion for US Sports.
  • Expertise in sports statistics.
  • Strong numerical and mathematical skills.
  • Team player.
  • Ability to focus.
  • Ability to work shifts which include evenings, weekends and public holidays.
  • Excellent knowledge of the rules of the game for all sports.
  • Good knowledge of the betting industry.
  • Sports betting experience is essential.
  • Familiarity with College and Major League Players.
  • High attention to detail.
  • The annual salary range for this position is $62000 to $75000. Factors which may affect starting pay within this range may include geography / market, skills, education, experience and other qualifications of the successful candidate. This position is also eligible for participation in a performance-based bonus plan.

    As an online gaming company, BetMGM is required to comply with state gaming regulations which includes licensing obligations. Applicable employees must be licensed by at least one jurisdictional agency, although certain positions require licensing by multiple agencies. Failure to become licensed or maintain licensure with each agency as required for the role may result in termination of employment. Please note that the licensing process includes comprehensive background checks which may include a review of criminal records, financial history, and personal background verification. In addition, candidates must comply with and support the company's responsible gambling policies, procedures and initiatives.

    Building BetMGM from the ground up takes effort, energy, and teamwork, but that's what will make leading this industry all the more satisfying. We stay focused on our main goal with the help of these four company pillars : Believe in Your Game Take your shot! There's a freedom to explore ideas usually only start-ups are lucky enough to experience. Backed by the Best - With our expertisemerged with that of our world-class investorswe have the opportunity to take this business, and ourselves, farther than anyone has ever imagined. Do What's Right - We operate with clarity and simplicity, always doing the right thing by our customers and each other, standing shoulder to shoulder every day. Hustle Hard - Our combined commitment and ambition is what drives us to create some of the most innovative products in the industry.

    As a valued employee, we're committed to giving you the resources and support you need. We offer Medical, Dental, Vision, Life Insurance, Commuter Benefits, Paid Time Off, Holidays, Employee Resource Groups and more! Applicable salary ranges may differ across markets. Actual pay will be determined based on experience and other job-related factors permitted by law. The position is also eligible for an annual bonus.

    BetMGM LLC is an Equal Opportunity Employer. We provide equal employment opportunities to all qualified individuals, regardless of race, religion, gender, gender identity, age, marital status, national origin, sexual orientation, citizenship status, veteran status, disability, or any other legally protected status. As an organization, we are unwavering in our commitment to maintaining a discrimination-free work environment, and fostering a culture of inclusivity, belonging and equal opportunity for all employees and applicants. If you need assistance or accommodation with your application due to a disability, you may contact us at recruitment@betmgm.com.

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