Job Description

Fanatics Betting & Gaming (FBG) is looking for an experienced

Risk Trader II

to take a leading role within our growing Trading team.



As a Risk Trader II, you will help drive the success of our live trading operations--especially across

International Sports

such as

Tennis, Soccer, and European Basketball

--while also mentoring and developing other traders. You will play a key role in managing live risk, solving complex trading challenges, and contributing to the strategic direction of the trading function.

Responsibilities

Managing live betting markets and liabilities across major international sports. Demonstrate expertise in identifying and responding to sharp customer behavior, ensuring market integrity and contributing to effective risk management strategies Conducting real-time data analysis and price adjustments based on customer behavior and market conditions. Supporting feature testing and providing feedback to improve trading models and platform functionality. Collaborating with cross-functional teams to enhance the end-to-end betting experience. Troubleshoot and resolve live risk anomalies and operational issues with minimal supervision. Assist Trading Managers in training programs, knowledge sharing, and performance feedback loops. Promote best practices across pricing, risk management, and live event handling. Identify inefficiencies and suggest improvements to internal tools, trading strategies, and workflows. Work closely with the Product and Engineering teams to evolve trading automation and risk controls.
Operational Flexibility: Maintain availability to work flexible shifts, including weekends, evenings, and holidays. Occasional travel to events or other Fanatics offices may be required.

Qualifications

3+ years of experience as a Sports Trader working in the Sports Betting industry. Proven ability to price markets, manage liabilities, and make quick, accurate decisions under pressure. Demonstrated experience mentoring or coaching other traders or junior team members. Strong autonomy and initiative--able to independently solve complex trading and risk problems. Excellent understanding of betting markets, customer behavior, and trading tools/platforms. High level of sports knowledge, particularly in Tennis, Soccer, and European Basketball. Analytical mindset with strong data interpretation skills; familiarity with tools such as Excel, SQL, or Python is a plus. Clear communicator with a team-oriented, collaborative approach.


Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics, a global digital sports platform. The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U.S. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates twenty-two retail sports betting locations, including the only sportsbook inside an NFL stadium at Northwest Stadium. Fanatics Betting and Gaming is headquartered in New York with offices in Denver, Leeds and Dublin.


Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.