Sports Trader Leader

22 hours ago

Sandton, South Africa Initiate International Full time

Senior Sports Trader Job in Johannesburg

Initiate International is seeking an experienced Senior Sports Trader to join their team in Johannesburg. As a Senior Sports Trader, you will be responsible for managing and optimizing odds across various horse racing events while maintaining a broad understanding of multi-sport trading.

Your Key Responsibilities:

  • Horse Racing Expertise: You will manage and adjust odds for horse racing events, focusing on horse trading strategies to maximize profitability and maintain a competitive edge.
  • Market Analysis: Analyze market trends, form guides, and statistical data to set and adjust prices, ensuring a balanced book across all types of horse trading and multi-sport events.
  • Live Event Monitoring: Monitor live horse racing and other sporting events, making informed decisions based on performance, track conditions, and market shifts.
  • Collaboration and Risk Management: Collaborate with the risk management team to handle liabilities across markets and ensure optimal balance.
  • Networking and Mentorship: Develop strong networks within the horse racing community and beyond to enhance trading strategies and market positioning, providing mentorship and support to junior traders.
  • Trading Strategy Development: Utilize trading platforms and analytics tools to evaluate performance and implement innovative horse trading strategies, adapting to multi-sport management.
  • Product Optimization: Contribute to optimizing the overall horse racing product offering, providing expert insights and suggestions for improvement.

Requirements:

  • Experience: 7 to 12 years of experience in the gaming industry, with a focus on sports trading and a strong emphasis on horse racing.
  • Risk Management: Proven ability to run a book and balance risk effectively across multiple sports and events.
  • Leadership and Communication: Strong understanding of both retail and online trading environments, with the ability to manage staff in both settings, excellent analytical skills, and experience using trading software and tools.
  • Candidate Profile: A good trader with a balanced skill set, able to adapt strategies across various sports while having a solid foundation in horse racing.

We offer a competitive salary range of R1,200,000 - R1,800,000 per annum, depending on experience. If you meet the above requirements, we would like to hear from you.

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