Senior Trader, Market Making
Indexed description
About The Role
Fanatics Markets is Fanatics' prediction market platform, letting users trade contracts across sports, finance, economics, culture, and crypto. We're building out our trading desk to provide liquidity, manage risk, and ensure tight, fair markets across our contract slate. We're looking for a Senior Trader with hands-on market making experience to help scale this function as we expand into new states and asset classes.
What You'll Do
- Make markets and manage risk across sports and financial prediction contracts
- Design and develop models to generate real-time fair values for event-driven outcomes
- Partner with quants, product and engineering to productionize models for live trading
- Monitor, validate, and iterate on production models, continuously improving predictive accuracy and trading outcomes while ensuring robustness and operational stability of pricing models
- Identify and execute market-take opportunities arising from model insights and prediction-market dynamics
- Design & implement trading strategies to maximise volume and revenue while scaling automated decision-making
- Manage forecasting along with P&L reporting
- Monitor exposure limits and escalate risk issues.
- Partner with product, quant, engineering, and compliance teams to launch new markets and contract types
- Help mentor junior traders and shape trading desk processes as the team grows
- Bachelor’s degree or higher in a technical or quantitative discipline (e.g., Mathematics, Statistics, Computer Science, Physics, Economics).
- 5+ years of professional trading experience in market making, options/derivatives, prop trading, or sports betting trading
- Experience with prediction or financial markets — market structure, pricing mechanics, and liquidity dynamics
- Experience managing a live book under time pressure, with sound risk discipline
- Strong grasp of trading concepts, with the ability to think critically about uncertainty and model assumptions
- Strong communication skills and ability to work cross-functionally with traders, product and engineering teams
- Familiarity with CFTC-regulated markets, exchanges, or clearing houses
- Interest in sports and event-driven markets
For information about our benefits, please visit https://benefitsatfanatics.com/
Ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. The range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual offer is confirmed. In addition to the base and bonus, full-time employment, and more. For information about our benefits, please visit https://benefitsatfanatics.com/
Salary Range
$132,000 - $165,000 USD
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