Algorithmic Trading Senior Manager

Responsibilities

• Design and deploy automated market-making algorithms for sports betting markets to optimize revenue, capital efficiency, and risk management
• Manage day-to-day operations and execution of the algorithmic trading team to ensure 24/7 coverage and optimization
• Build and maintain statistical forecasting models for sports outcomes using real-time data feeds and market signals
• Manage order flow and position risk across thousands of simultaneous markets to ensure +EV positions
• Collaborate with engineering teams to improve trading infrastructure, reduce latency, and enhance system reliability
• Monitor and optimize P&L and trading performance, conducting post-mortems following significant sporting events
• Lead and develop a high-performing quantitative trading team

Requirements

• 5+ years of quantitative or algorithmic trading experience, preferably in sports betting, prediction markets, or derivatives
• Demonstrated track record of positive P&L through systematic trading strategies
• Strong programming ability in Python, C++, Java, or Golang for production trading systems
• Experience building statistical models and applying machine learning techniques to forecasting problems
• Deep knowledge of sports betting markets, including spreads, totals, moneylines, and parlays
• Proficiency with data collection via APIs or web scraping and working with large datasets

Preferred Qualifications

• Understanding of low-latency systems and performance optimization
• Experience with poker, DFS, fantasy sports, or other skill-based games involving game theory
• Experience with liquidity provision and order book dynamics

Benefits

• Comprehensive health plans including medical, vision, and dental
• 401k with up to a 5% match
• Generous paid time off (PTO) and sick leave
• Annual bonus and long-term incentive opportunities
• Commuter benefits and pet insurance

About the Company

FanDuel Group is the premier mobile gaming company in the United States and Canada, featuring leading brands such as FanDuel Sportsbook, FanDuel Casino, and FanDuel Racing. As a subsidiary of Flutter Entertainment, we operate at the forefront of the sports betting and gaming industry.