Senior Manager Sportsbook Trading

Job Description

PENN Entertainment, Inc. is North America’s leading provider of integrated entertainment, sports content, and casino gaming experiences. From casinos and racetracks to online gaming, sports betting and entertainment content, we deliver the experiences people want, how and where they want them.

We’re always on the lookout for those who are passionate about creating and delivering cutting-edge online gaming and sports media products. Whether it’s through Hollywood Casino, theScore Bet Sportsbook, or theScore media app, we’re excited to push the boundaries of what’s possible. These state-of-the-art platforms are powered by proprietary in-house technology, a key component of PENN’s omnichannel gaming and entertainment strategy.

When you join PENN Entertainment’s digital team, you’ll not only work on these cutting-edge platforms through theScore and PENN Interactive, but you’ll also be part of a company that truly cares about your career growth. We’re committed to supporting you as you expand your skills and explore new opportunities.

With locations throughout North America, you can build a future at PENN Entertainment wherever you are. If you want to challenge conventions in gaming, media and entertainment, we want to talk to you.

About the Role & Team

The Risk and Trading Team is responsible for all Sports Betting products, prices, risk management, Boosts, Specials, and Promotions ²⁴⁄₇ at a fast-paced North American facing operator (theScoreBet). We are currently looking for a highly motivated and suitably qualified team player for the position of Sr. Manager Sportsbook Trading. This role requires a highly professional, organized, and enthusiastic individual who is data-driven, is obsessed with sports and sports betting, and willingto push the boundaries to continuously improve the product

About the Work

• Own end-to-end trading strategy, margin targets, and commercial KPIs for sports/team responsible for
• Ensure all markets are set up with the correct market limits and correctly reviewed as seasons ebb and flow. Ensure desired tournaments are covered and offers are consistently reviewed and updated.
• Imagining, creating, setting up, publishing, trading, and settling specials – all with a data-driven, scientifically-backed discipline.
• Monitoring market liabilities and managing customer risk profiles on all digital channels – working hand in glove with analytics teams.
• Work with analytics teams to investigate market trends to obtain insight that assists in the prediction of customer betting patterns, and improve GGR and NGR.
• Collaborate with executive leadership/other teams on promotions, product roadmap, and tier-1 events strategy
• Drive continuous performance improvement and product quality/depth/coverage
• Drive sports product strategy and roadmap.
• Compilation and circulation of reports to inform stakeholders of business performance and forthcoming activities.
• Investigate and propose ways to work more efficiently and implement new ideas.
• Bring and enforce a strong understanding of adherence to your compliance responsibilities.
• Enforce a high level of communication and transparency across the team while driving collaboration with both other Sportsbook teams and external teams
• Be the domain “encyclopedia” for your sports and be very knowledgeable about models driving your sports and their behavior/impact
• Set trading philosophies and strategies across the team (aggressive vs conservative pricing, automation levels, etc.) and ensure their implementation/execution
• Hold team responsible through continuous performance evaluation and regular performance reporting and ad hoc deep dives
• Ensure team has the strategies well understood, communicated and executed
• Other duties as assigned.

About You

• Strong analytical and problem-solving ability.
• Proven experience with a minimum of 5 years in a trading environment required.
• Live trading experience would be a big benefit
• Good all round sports betting knowledge and a strong interest in betting and odds required.
• Data-obsessed, not just data-driven. Excellent mathematical skills.
• Flexibility is a must as working hours will be dictated by business needs. Must be able to work flexible schedules including nights, weekends, and public holidays.
• Able to multitask and work under pressure.
• Ability to work in fast-paced environment and make decisions quickly.
• Must have exceptional time management skills.
• High attention to detail and precision in delivery.
• Ability to learn quickly, work independently and in a team setting.
• Strong initiative and outstanding work ethic.
• Comfortability working PST hours.

What We Offer

• Competitive compensation package.
• Comprehensive Benefits package.
• Fun, relaxed work environment.
• Education and conference reimbursements.

#LI-REMOTE

Salary Range

$120,000—$170,000 CAD

Penn Interactive is proud to be an equal opportunity workplace. We will consider all qualified applicants for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, genetic information, or any other basis protected by applicable law.Base pay is one part of the Total Rewards that Penn Interactive provides to compensate and recognize employees for their work. Most sales positions are eligible for a Commission under the terms of an applicable plan, while most non-sales positions are eligible for a Bonus. Additionally, Penn Interactive provides best-in-class benefits to eligible employees. We believe that benefits should connect you to the support you need when it matters most, and should help you care for those who matter most. That’s why we provide an array of options, expert guidance and always-on tools, that are personalized to meet the needs of your reality – to help support you physically, financially and emotionally through the big milestones and in your everyday life.