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Junior Trader

Company: Betfred USA Sports
Location: Las Vegas
Posted on: June 13, 2021

Job Description:

Junior Trader Las Vegas, NVReporting To:Betfred Sports Head of TradingBetfred Sports is the wholly owned US subsidiary of Betfred Group, a Warrington, United Kingdom based bookmaker that owns and operates more than 1,500 betting shops in the UK as well as industry leading online and mobile products in the UK and Spain. Betfred Group, founded by brothers Fred and Peter Done in 1967, created Las Vegas based Betfred Sports in 2019 specifically to enter the robust and ever-expanding US sports betting market. Betfred Sports is currently a licensed operator in Iowa, Pennsylvania, and Colorado. Betfred Sports will be the Sportsbook for the Virgin hotel casino in Las Vegas upon obtaining the requisite regulatory approvals and there are many other opportunities in the pipeline.To support our growth in the US market, we are now looking for a Trader. This role is based in Las Vegas, Nevada and will report to the Head of Trading. The successful individual will work with the trading team and the trading manager to ensure the company strategy is adhered to. This will involve evaluating the performance of trading algorithms and third-party pricing feeds.Recording and reporting profit and loss figures. Keeping abreast of all sporting news, results, and their effect on the market. Assisting the company to attract new customers through market creation and promotional ideas.Betfred Sports offers a very competitive benefits package for qualified candidates. Come join our growing team!Responsibilities Record and report of profit and loss figures. Evaluate the performance of trading algorithms and third-party pricing feeds. Assist the company to attract new patrons through market creation and promotional ideas. Have a strong business acumen. Must be able to work in high pressure situations. Be able to use data and trends to maximize company profitability. Apply the use of logic to complex problems, use of data to ascertain patterns in business and patron behavior. Work with multiple trading platforms is preferred but not essential. Must obtain and maintain a gaming license when required in jurisdictions where Betfred Sports does business. Any other duties needed to help drive our vision and fulfill our organizational values.Experience and Skills Must be at least 21 years of age. Must be able to read, write, speak, and understand English. Ability to work flexible shift patterns dependent on the needs of the business, this includes nights and weekends. Apply the use of logic to complex problems, use of data to ascertain patterns in business and customer behavior. Capable of working in high pressure situations. Evidence of pragmatic and reason-based decision making. Ability to use data and trends to maximize profitability. Must have excellent mathematical skills. Excellent organizational and interpersonal skills. Bachelor's degree in a relevant field, Economics, Math, Business, Finance or another related field is preferred. Be proficient with MS Office skills with emphasis on Excel. Excellent written and verbal communication skills. Experience working with multiple trading platforms is preferred but not essential.

Keywords: Betfred USA Sports, Las Vegas , Junior Trader, Other , Las Vegas, Nevada

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