Quant Trader, Market Making

Fanatics Betting & Gaming•Denver, CO

About The Position

Fanatics Markets is Fanatics' prediction market platform, letting users trade contracts across sports, finance, economics, culture, and crypto. We're building out our trading desk to provide liquidity, manage risk, and ensure tight, fair markets across our contract slate. We're looking for a Senior Trader with hands-on market making experience to help scale this function as we expand into new states and asset classes.

Requirements

Bachelor’s degree or higher in a technical or quantitative discipline (e.g., Mathematics, Statistics, Computer Science, Physics, Economics).
2+ years of professional trading or modeling experience in fast moving competitive environments such as market making, options/derivatives, prop trading, or sports betting trading
Experience integrating data and models into production
Strong grasp of trading concepts, with the ability to think critically about uncertainty and model assumptions
Python proficiency, including strong experience with data manipulation, statistical analysis, and automation.
Passion for and strong understanding of sports and event-driven markets

Responsibilities

Make markets and manage risk across sports and financial prediction contracts
Design and develop pricing models to generate real-time fair values for event-driven outcomes
Partner with product and engineering to productionize models for live trading
Monitor, validate, and iterate on production models, continuously improving predictive accuracy and trading outcomes while ensuring robustness and operational stability of pricing models
Identify and execute market-take opportunities arising from model insights and prediction-market dynamics
Design & implement trading strategies to maximise volume and revenue while scaling automated decision-making
Partner with product, quant, engineering, and compliance teams to launch new markets and contract types