Full-Time

Senior Risk Analyst

Posted on 3/20/2025

Underdog Fantasy

Underdog Fantasy

501-1,000 employees

Fantasy sports gaming platform for team building

Compensation Overview

$90k - $97.5k/yr

+ Equity

Senior

Remote in USA

Candidates must be based in the United States due to potential state regulations for sports betting licensure.

Category
Risk Management
Finance & Banking
Required Skills
Data Analysis
Connection
Connection
Connection
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Requirements
  • 5+ years of experience in risk analysis, trading, or sportsbook operations.
  • Strong data analysis skills with the ability to make data-driven decisions in high-pressure situations.
  • Experience working with real-time market data and risk models in the sports betting or financial industries.
  • Deep understanding of odds compilation, line movements, and sports trading strategies.
  • Highly detail-oriented, analytical, and proactive in identifying market inefficiencies.
  • Excellent communication and collaboration skills, able to work across teams and departments.
Responsibilities
  • Monitor, analyze, and manage risk across sportsbook products.
  • Leverage real-time market data, advanced analytics, and industry expertise to inform line movements, manage exposure, and optimize pricing strategies.
  • Analyze market data to identify trends, inform line movements, and develop origination strategies.
  • Monitor market activity in real time to manage exposure and mitigate risk effectively.
  • Support product design and development, ensuring offerings remain competitive and innovative.
  • Ensure pricing accuracy and competitiveness across all sports and statistical categories.
  • Take on increasing responsibilities within Risk and Trading, growing into a key decision-maker on the team.
Desired Qualifications
  • Prior experience in sportsbook risk management or trading.
  • Strong knowledge of sports analytics, player statistics, and betting markets.
  • Familiarity with Python, SQL, or other data analysis tools to drive insights.
  • Passion for sports, fantasy sports, and sports betting.

Underdog Fantasy is a fantasy sports gaming platform where users can create their own fantasy sports teams and compete against other players. The platform allows users to customize their teams and strategies, providing a more personalized experience compared to traditional fantasy sports. Users can earn rewards based on their performance, which adds an extra incentive to compete. What sets Underdog Fantasy apart from its competitors is its focus on user customization and engagement, making the gaming experience more enjoyable and tailored to individual preferences.

Company Size

501-1,000

Company Stage

Series C

Total Funding

$115M

Headquarters

New York City, New York

Founded

2020

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Juice Media boosts brand growth and customer acquisition.
  • Series C funding round values Underdog at over $1.2 billion, indicating strong investor confidence.
  • Collaboration with Concacaf expands reach in international markets and increases brand visibility.

What critics are saying

  • Increased competition from new platforms could dilute Underdog's market share.
  • Potential legal challenges related to gambling laws as offerings expand.
  • User data privacy concerns may arise with a growing user base.

What makes Underdog Fantasy unique

  • Underdog Fantasy offers a unique twist on traditional fantasy sports experiences.
  • The platform allows users to create personalized teams and strategies.
  • Users can earn rewards, enhancing engagement and competition.

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Benefits

Unlimited Paid Time Off

401(k) Company Match

Home Office Stipend

Health Insurance

Dental Insurance

Vision Insurance

Parental Leave

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

0%

2 year growth

13%
Forbes
May 2nd, 2025
3 Qbs To Target In 2025 Fantasy Football

LAS VEGAS, NEVADA - OCTOBER 13: Justin Fields #2 of the Pittsburgh Steelers reacts after the. More Steelers defeated the Las Vegas Raiders, 32-13, at Allegiant Stadium on October 13, 2024 in Las Vegas, Nevada. (Photo by Candice Ward/Getty Images) Getty ImagesIt’s never too early to start looking ahead to the 2025 fantasy football season. In order to familiarize ourselves with some of the possible values for next season, we’re going to be looking at some ADP per Underdog Fantasy.Underdog is a best ball platform for real money, making this a good place to pull ADP from. The drafters here are very serious and it’s really the only place to find people drafting this far out.Once we get closer to the season, my articles will be based around ESPN draft rankings and a number of other traditional platforms. With that being said, let’s take a look at the top three quarterbacks to target in 2025 fantasy football.3 QBs To Target In 2025 Fantasy FootballJustin FieldsADP: QB12With a starting job again, Justin Fields is also worthy of starting for your fantasy team

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PR: UFL Names Underdog As League's Official Daily Fantasy Partner

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Business Wire
Mar 27th, 2025
Spark Capital Leads Underdog Series C, Pushing Valuation Over $1.2 Billion

In a landmark moment for the online sports gaming industry, Spark Capital is leading Underdog’s Series C funding round, with a $70 million first close on a r...

Gambling Insider
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Underdog raises $70m in Series C funding led by Spark Capital

Underdog, a US-based sports gaming company, has completed the first close of its Series C funding round, raising $70m in an investment led by Spark Capital.

Gaming Compliance News
Mar 26th, 2025
Underdog Fantasy Valued At Over $1B In Funding Round

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