What are the responsibilities and job description for the Risk & Trading Associate position at betr?
Betr (www.betr.app) is disrupting legacy sports betting by launching the world's first micro-betting mobile app, letting users bet on every moment in sports and legacy media by launching a betr sports media company. Unlike traditional sportsbooks, where users are limited to traditional event outcome-based bets (over/under, moneyline, spread, etc.), Betr allows it's fans to bet on every moment within a game or event, start to finish: every play and drive, shot and possession, pitch and at-bat, and more! Our mission is to make sports & betting betr!
Betr was founded in 2022 by Joey Levy, an industry leader in sports betting and founder of Simplebet, and Jake Paul, a top athlete influencer and media mogul. Betr is backed by Fuel Venture Capital, Aliya Capital Partners, Florida Funders, & more.
The Betr team is looking for a Risk and Trading Associate with enthusiasm and passion for the sports gaming industry. Reporting into our Head of Trading, you will have a direct impact on both revenue profitability and expanding our market offerings. You will be the person behind the odds that our users bet on, using a variety of data to formulate what Betr believes are the most accurate odds, and then managing those odds throughout their lifecycle. This role will require scheduling flexibility and working on holidays and weekends when necessary. You will join a new, exciting, & fast growing team looking to build innovative products!
\n- Manage risk and liability of all DFS player props games in accordance with Betr risk and trading SOP’s
- Monitor league news and injuries to make real time market adjustments
- Adjust Betr markets in coordination with the market consensus
- Assist in analyzing daily reports to ensure proper player profiling as well as other key metrics
- Collaborate with operations to enhance the best customer experience
- 2 years of experience trading in a DFS or Sports Betting platform
- Strong analytical skills and ability to calculate odds
- Highly motivated self-starter with a proactive approach to problem-solving and a passion for staying up-to-date with industry trends and best practices
- Problem solving and strong critical thinking
- You thrive in a fast paced environment and are not intimidated by ambiguity or change
- Excellent verbal, written, and interpersonal skills with the ability to communicate clearly and effectively with team members and stakeholders, both internally and externally
- Self-motivated the the ability to drive initiatives from end-to-end, holding yourself to a high standard of excellence
- An entrepreneurial mindset with excellent organizational skills, the ability to be flexible, & prioritize responsibilities
- Passionate and enthusiastic about a wide range of sports
- Experience in high pressure and high volume situations
betr provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, genetics, sexual orientation, gender identity or gender expression. We deeply understand the value of bringing together a team with different perspectives, educational backgrounds, and life experiences. We encourage people from underrepresented backgrounds to apply
Thank you for your interest in Betr. We look forward to reviewing your application.