Senior Sports Trader
4 weeks ago
**Key Responsibilities**:
- Strategic & Operational Functions:_
- Oversee the pricing and updating of pre-match and live in-play sports (excluding events that come through feeds).
- Proactively monitor market pricing for manually traded and high liquidity events, ensuring competitiveness and profitability.
- Early identification and management of high-risk bets, taking corrective action as needed.
- Actively monitor betting activity on sporting events, mitigating risks and ensuring the company’s exposure is minimized.
- Constantly assess department processes and products, identifying areas for improvement and driving continuous growth.
- Identify and act on opportunities to increase overall profitability within the sports book.
- Collaborate with senior management and team members, sharing innovative ideas to enhance the sports book offering.
- Management & Leadership Functions:_
- Manage, assign, and oversee trader duties, ensuring tasks are completed effectively, accurately, and within the required timeframes.
- Ensure proper staffing coverage, especially during major events, by managing an efficient and effective rostering system.
- Oversee the quality of work being completed within the team, implementing improvements to maintain high performance standards.
- Stay abreast of industry trends and innovations, using insights to inform internal strategic decisions.
- Align team objectives with the broader business strategy, ensuring the sports book’s success is integrated with organizational goals.
**Key Skills & Qualifications**:
- Essential Skills:_
- In-depth knowledge of sports book management, risk analysis, and trading, with a particular focus on local sports.
- Proven leadership abilities, with a strong track record of managing teams and delivering results in a fast-paced environment.
- A self-starter with a high level of motivation and reliability, capable of working independently and taking ownership of the department’s success.
- Strong attention to detail, with an analytical mindset to identify issues and opportunities for improvement.
- Expertise in Fixed Odds Markets and a strong understanding of pricing and trading sports events.
- Ability to understand betting patterns and build knowledge of clients to optimize the sports book’s offerings.
- Excellent communication (both verbal and written), influencing, and leadership skills, able to lead and motivate a team effectively.
- Ability to work well under pressure, meet deadlines, and adapt to change in working practices.
- Strong computer literacy, especially in Microsoft Excel and betting software.
- Desired Skills:_
- Proven ability to manage a successful sports book team for at least 5 years, with demonstrable results.
- Knowledge and experience with betting software and risk management platforms.
- A passion for sports, with the drive to stay informed on trends, betting behaviors, and market shifts.
- Ability to work flexible hours, including weekends, public holidays, and shifts, to meet business demands.
**Qualifications**:
- Grade 12 (Matric) certificate required.
- Tertiary education (advantageous).
- At least 5 years of proven experience in a senior role managing a sports book team.
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