Join The Team At Pragmatic Play

Pragmatic Play is a leading multi-product content provider to the iGaming industry, offering innovative, regulated and mobile-focused gaming products. We want you to be part of the team.

TM

Sports Trading Manager

Location

Remote

Key Skills

Analytical
Sportsbook Knowledge
Market Research

About the role

  • Full time position.
  • Location – Remote (travel required)
  • Reporting into the Senior Sports Trading Manager, you are primarily responsible for odds provision across all sportsbook products and the subsequent P&L of these sports across each one of our partners.

Possessing strong management experience, you will assist the onboarding and subsequent management of a complete Sportsbook trading and pricing function and ensure this function manages and grows the Sportsbook profitability of our partners. You and your team will play a vital role in growing individual sports revenue and controlling the trading proposition of all key sports provided to the brands of multiple Sportsbook partners.

A key strategic role, you would ideally be familiar with trading concepts across multiple sports and understand how to drive best practice and monitoring processes between trading and risk management functions.

With a vast amount of trading content initially provided by 3rd party feeds providers, you will be comfortable supporting this proposition with a range of specials, enhanced markets and outright betting opportunities and be fluent in conducting gap analysis on what is available via our providers versus what needs to be priced internally. Equally, as we onboard more automated trading content, you will work with Product & Trading Support functions on the integration and provide sign off where necessary.

This is an opportunity for the successful individual to assist in creating a new team, embed best practices and develop a high performing culture for a critical Sportsbook function.

Responsibilities:

  • Assist with defining the needs of a recruitment process and subsequently actively participate in the hiring process of all resource connected to Sportsbook trading, odds compilation and trading proposition
  • Coach, mentor and the supervise a team of Sports traders establishing a culture of high performance and one where high performance is rewarded and poor performance managed accordingly
  • Provides team with resources, tools, and processes to do their respective jobs.
  • Work with the Senior Sports Trading Manager and other leaders across Trading to develop a strategy for the development of an industry leading B2B Sportsbook odds provision function creating a vision and KPIs for acceptable Sportsbook margins
  • Participate in real-time dialogue between Trading & Trading Support functions to support the requests of our partners and ensure odds are provided across all products where required
  • Oversee implementation and use of real-time event coverage monitors to ensure our trading coverage is met according to SLAs and publish odds for missing events where required
  • Ensure odds supplied by providers are real-time and are priced in line with market fluctuations and intervene where necessary
  • Support and assist with manual odds compilation of any sports/competitions/events/markets not covered through 3rd party trading vision. This would involve being comfortable with both pre-match and in-play trading
  • Assist with implementation and subsequent management of betting limits across all sports, competitions events and markets
  • Support content management and marketing team to ensure that events and selections displayed across partners sites are timely, relevant and actionable
  • Liaise with trading development teams to support implementation and improvement of new and existing trading models
  • Develop, create and maintain a reporting suite both from existing back-end functionality and with assistance from BI teams containing reports associated with individual sports profitability
  • Responsible for implementation and distribution of statistical data analysis, evaluation and reporting requirements relating to sports P&L performance as agreed with partners
  • Undertake benchmarking to assess trading coverage and pricing strategy across multiple jurisdictions
  • Raise feature requests capable of being prioritised on product backlogs for all features related to functionality associated with odds compilation and sports trading proposition. This will include collaboration with Business Analysts on story writing

We expect you to have the following skills and background:

  • Your financial acumen will have included a high degree of exposure to numbers and you are used to working with odds compilation tools and looking at trading related KPIs
  • Analytically minded and good eye for detail – you never lose sight of details that impacts sports margin day-to-day and you possess an analytical approach to decision making
  • Customer-focused, you are comfortable shifting between applying the due diligence needed to control sports profitability versus meeting the needs of our partners and their players
  • A high degree of initiative anticipating the requests of our partners and Sportsbook users before they ask
  • Excellent knowledge across multiple sports and the sports betting domain including typical markets, rules, betting trends and latest trading innovation
  • Extensive Sportsbook industry experience with an ability to understand all Sportsbook trading processes and have a good understanding of typical trading back-end functionality
  • Flexible approach to working hours. The role will require the management of teams working 24/7 and where peak periods typically happen in evenings and on weekends
  • Available to travel as the role may require occasional face to face meetings with colleagues or to visit partners and/or 3rd parties

 

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