Hybrid Quant Trader, Sports Event Market Making

Posted last month

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About the role

  • Market Making and Trade Execution: Systematically provide liquidity by posting buy and sell offers, narrowing spreads, and facilitating efficient market operations as appropriate.
  • Market Analysis: Continuously monitor a wide range of sports prediction markets—including soccer, basketball, baseball, football, and eSports—for price movements, liquidity, and volatility; analyze historical data, trends, and live odds to identify trading opportunities.
  • Risk Management: Monitor overall portfolio risk, position limits, and exposure caps; adjust strategies based on variance, probability shifts, and new information.
  • Trading Operations (BAU): Test and provide liquidity for new sports contracts when listed.
  • Trading Development: Collaborate with developers and risk managers to improve trading infrastructure, including connectivity, pricing, execution, and booking logic.
  • Monitor 24/7 market activity and update trading models with the latest data in collaboration with the team.
  • Conduct pre-market and post-market analyses of upcoming sporting events, identifying key opportunities and risks.
  • Place trades across multiple markets, responding to changes in live odds, news reports, and betting flows.
  • Communicate with team members to discuss strategies, notable events, and market shifts.
  • Monitor active positions, adjust orders, and hedge exposures throughout the day.
  • Analyze trade outcomes and refine predictive models for future events.
  • Prepare end-of-day summaries, performance reviews, and compliance reports.

Requirements

  • Bachelor's degree in Mathematics, Statistics, Economics, Finance, Computer Science, or a related discipline.
  • Advanced degrees are an asset.
  • 5+ years of profitable sports prediction trading experience on a leading trading desk in a bank, proprietary trading firm, or market-making shop.
  • Demonstrated experience in successfully building and managing trades.
  • Familiarity with Python and a keen interest in expanding your technical skillset.
  • Strong critical thinking skills and a commitment to continuous improvement.
  • Excellent organizational and interpersonal skills, with strong attention to detail.
  • Adaptive, self-motivated, enjoy challenges and responsibility, and thrive in fast-paced, competitive environments.
  • Experience with prediction market platforms, sports betting exchanges, or similar financial environments.
  • Ability to work effectively under pressure and in dynamic, fast-paced environments.

Job title

Quant Trader, Sports Event Market Making

Job type

Experience level

Mid levelSenior

Salary

$120,000 - $180,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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