2 Sports Trader Jobs in New York, NY
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Mojo is Hiring a Sports Trader Near New York, NY
About MojoAt Mojo, we’re making the most comprehensive and differentiated prediction markets in sports—from the next play to an entire career—to transform the sports betting, fantasy, gaming and collectible industries. To do it, we’re developing the most sophisticated technology, with the best team, across data science, financial market making, risk management and engineering.
Be prepared (and excited!) to wear multiple hats and learn new things as we all work together to design, build, and launch a product that will change the industry.
About the Role:As a Junior Trader, you will use a combination of sports knowledge, statistics, judgment and wits to help make a market. You will be assisted by trading algos, data scientists, risk quants and engineers in helping set and adjust prices, spreads, and other trading parameters.
The trader’s role will borrow from principles used in traditional financial markets, set against the backdrop of professional sports and traditional sports betting and fantasy.
Expected Annual Salary: $60,000 - $90,000.
Responsibilities:
Be prepared (and excited!) to wear multiple hats and learn new things as we all work together to design, build, and launch a product that will change the industry.
About the Role:As a Junior Trader, you will use a combination of sports knowledge, statistics, judgment and wits to help make a market. You will be assisted by trading algos, data scientists, risk quants and engineers in helping set and adjust prices, spreads, and other trading parameters.
The trader’s role will borrow from principles used in traditional financial markets, set against the backdrop of professional sports and traditional sports betting and fantasy.
Expected Annual Salary: $60,000 - $90,000.
Responsibilities:
- Engage in price setting and price discovery by watching live sports, sports news, and market activity
- Follow roster, injury, contract and strategy news closely to aid in price setting process
- Provide virtually continuous feedback to data science teams on the quality of models, prices and assumptions
- Monitor the trading algo’s executions, positions along with risk quants
- Adjust system parameters based on market conditions.
- Communicate relevant news, market events, and system behavior to team members.
- Deep knowledge of sports, in particular major American sports
- Professional or quasi-professional fantasy sports, or betting experience a significant plus
- Professional trading experience a significant plus, especially in derivatives markets
- Creative and flexible thinker. Open-minded and willing to adjust course.
- Excellent statistical reasoning ability
- Excellent communication skills
- Ability to use sound judgment under pressure
- Passionate problem solver and hunger to do what’s needed to find solutions whether that be trading, analyzing data or collaboration
- Comfortable with open-ended problems and working without a perfectly defined script – comfortable helping write the script
- Applicants must be authorized to work in the U.S.
- Competitive total compensation package including base salary and equity
- High quality, low cost medical, vision and dental insurance
- Company-funded Health Savings Account with enrollment in high-deductible healthcare plan
- 401(k) retirement plan available to contribute on Day 1
- Company-paid life insurance
- Generous parental leave
- Unlimited vacation
Job Summary
JOB TYPE
Full Time
SALARY
$79k-108k (estimate)
POST DATE
06/13/2024
EXPIRATION DATE
07/11/2024
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