Associate, Market Operations
About The Position
As an Associate, Market Operations at DraftKings, you will help safeguard the integrity of its prediction markets at the intersection of regulation, surveillance, and operations. You will support fair and compliant market operations, assist with trade practice surveillance, and communicate with regulators as part of building a trusted exchange in an evolving regulatory landscape. The position involves managing market activity and member support, monitoring markets and KPIs, collaborating on operational requirements for new features and launches, and working with clearinghouse and ecosystem partners. Flexibility to provide shift coverage for real-time market surveillance is required. A gaming license from the appropriate state agency may be required as a condition of employment.
Requirements
- Exceptional written and verbal communication skills, with the ability to work with partners across engineering, regulatory, analytics, and product teams.
- Understanding of market structure, including order books, matching engines, market states, trading dynamics, and market ecosystems.
- High attention to detail and a bias for action when resolving time-sensitive issues.
- Enthusiasm for prediction markets, sports trading, or financial markets.
- Flexibility to provide shift coverage as needed for real-time market surveillance.
Nice To Haves
- Experience in a trading role is a plus but not required.
Responsibilities
- Manage market activity, including market creation and configuration, coordinating launch timing, and conducting settlement procedures.
- Provide operational support to Exchange Members on connectivity, market metadata, and market resolution.
- Conduct real-time market surveillance to identify anomalies and escalate trade practice violations.
- Monitor market activity, track KPIs, and produce reports for internal analytics.
- Collaborate with engineering and market structures teams on operational requirements for new features and launches.
- Manage the relationship with the Exchange’s Clearinghouse partner to ensure timely and accurate funding for Exchange Member accounts.
- Work with ecosystem partners to ensure markets operate smoothly with sufficient liquidity.
- Communicate with regulators as part of supporting compliant market operations.
Benefits
- Bonus, equity, and benefits as applicable.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
No Education Listed
