Risk Trader 1 – International General Sports Risk

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.

This role is based out of our Denver, CO office and requires the willingness to work flexible hours, including evenings, weekends, and holidays. 

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

• 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.

Hourly Rate: $29.00 - $35.00 / Hour

The base salary for this role is based on job-related knowledge, skills, and experience and may vary depending on the successful candidate’s geographic location. Remote employees may also be eligible for a home office setup stipend. For information about our benefits, please visit https://benefitsatfanatics.com/

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.