Algorithmic Trading Senior Manager

Core Trading Responsibilities

Design and deploy automated market-making algorithms for sports betting markets, optimizing for expected revenue, capital efficiency, and risk management.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.
Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization.

Stats

• Trading & Markets Experience: 5+ years of quantitative or algorithmic trading experience, preferably in sports betting, prediction markets, derivatives, or market-making.
• Deep understanding of market microstructure, liquidity provision, and order book dynamics.
• Experience with automated trading systems, including liquidity provision and position management.
• Familiarity with trading APIs and programmatic order execution.
• Strong programming ability in Python, C++, Java, Golang, or similar languages for production trading systems.
• Proficiency with data collection via APIs or web scraping.
• Comfortable working with large datasets and performing rapid quantitative analysis.
• Understanding of low-latency systems and performance optimization (preferred).
• Domain Knowledge: Deep knowledge of sports betting markets and experience trading on traditional bookmakers.
• Familiarity with different bet types (spreads, totals, moneylines, props, parlays, etc.).
• Experience with poker, DFS, fantasy sports, or other skill-based competitive games involving game theory is a plus.

Key Attributes

• Bias toward action - you move quickly while maintaining attention to critical details.
• Data-driven decision maker - you leverage analytics to drive strategy and measure success.
• Collaborative - you work effectively across trading, engineering, and risk teams.
• Resilient under pressure - you perform well in fast-paced, high-stakes environments.
• Intellectually curious - you continuously seek to understand market dynamics and improve performance.
• Ownership mindset - you take full responsibility for your strategies' performance and outcomes.

Team Management

• An energizing and emphatic leader that is passionate and effective at building and developing high performing teams.
• Expansive & strategic thinker with a strong track record of innovation & delivering growth.
• Pioneering and innovative - you are always looking for new ways to improve and grow the team.
• Proven ability to work effectively across functions and teams, fostering alignment and driving results in a collaborative environment.

About Fanduel

FanDuel Group is the premier mobile gaming company in the United States and Canada. FanDuel Group consists of a portfolio of leading brands across mobile wagering including: America’s #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the industry’s unquestioned leader in horse racing and advance-deposit wagering, FanDuel Racing; and its daily fantasy sports product. In addition, FanDuel Group operates FanDuel TV, its broadly distributed linear cable television network and FanDuel TV+, its leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states, Canada, and Puerto Rico. The company is based in New York with US offices in Los Angeles, Atlanta, and Jersey City, as well as global offices in Canada and Scotland. The company’s affiliates have offices worldwide, including in Ireland, Portugal, Romania, and Australia. FanDuel Group is a subsidiary of Flutter Entertainment, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and traded on the New York Stock Exchange (NYSE: FLUT).

Player Benefits

• Affordable health plans (some as low as $0 per paycheck) that include programs for fertility and family planning, mental health support, and fitness benefits.
• Generous paid time off (PTO & sick leave).
• Annual bonus and long-term incentive opportunities (based on performance).
• 401(k) with up to a 5% match.
• Commuter benefits.
• Pet insurance.

Pay

The applicable salary range for this position is $156,000 - $204,750 USD, which is dependent on a variety of factors including relevant experience, location, business needs and market demand.

Schedule

This role may offer the following benefits: medical, vision, and dental insurance; life insurance; disability insurance; a 401(k) matching program; among other employee benefits.