Trading Manager

Details
Work Location Type:
Hybrid
Office:
,
Type of Employment:
Full Time Permanent
Reference Number:
PRO0262
About Kindred
Kindred Group is a digital entertainment pioneer bringing together nine successful online gambling brands, forming one of the largest online gambling groups in the world. Our purpose is to transform gambling by being a trusted source of entertainment that contributes positively to society. Our goal is that 0% revenue is derived from harmful gambling.
Our global team of more than 2000 people represents 70+ nationalities. When you join Kindred, you’ll be part of a collaborative, diverse and inclusive team that has your best interest at heart. We are a trusting company that knows the value of a healthy work-life balance. We offer a wide range of benefits, along with annual bonus, which is tied to both company and your individual performance.
The role #LI-DG1
As per our recent public announcement, Kindred is currently developing its own in-house sportsbook trading platform and client. Where the role is very much a long term, operational position, throughout the development period of the platform, you will be working with other key stakeholders across the project and development tracks to help bring our product ambitions to life.
Our ideal candidate will have an excellent knowledge of mathematics and odds with a strong analytical background and a proven ability to drive P&L of bookmaking. They must possess first class communication skills with the ability to liaise at all levels. They will have the enthusiasm to drive and enhance our existing product, manage a team of sports traders, possibly across multiple locations, including remote working. Shift patterns are variable, to include days, evenings, weekends and bank holidays and may also include early, evening and night working hours. They must be aware of our product breadth and how that competes in the market place, understand local market requirements including any specific commercial executions and be able to work proactively with the other Sportsbook stakeholders to further enhance our operations and offering.
As a listed and regulated company, Kindred Group pays great attention to player safety and sustainability. Our purpose is to transform gambling by being a trusted source of entertainment that contributes positively to society. Our goal is that 0% of revenue is derived from harmful gambling.
What you will do:
Report directly to the Head of Trading.
Lead and develop a team of sports traders, possibly across multiple locations, that will support your KPIs in the role of Trading Manager
Take an active role in the development phase of our in-house sportsbook platform alongside key stakeholders
Responsibility for the accurate and timely provision of events, markets and odds (Pre-match, In-play, futures and in some cases ‘specials’) for our Sportsbook betting product. These would be both feed driven and manually created.
Manage liabilities and positions across different sports for our betting product (trading)
Monitor and respond to activity or information that could impact the profitability of the Sportsbook betting product
Monitor appropriate competitor markets and take action as required
Assist in the business operation process within the overall Sportsbook department as required.
Work with Risk Management and Quant to develop, execute and monitor the trading strategy and principles of the betting product
Work with Risk Management and Quant to analyse and develop the trading framework for different markets and divisions
Work with Risk Management and Sportsbook Control to calculate and communicate the risks acceptable for betting activity for selected sports and leagues
Assist Risk Management with the identification of a customer’s / group of customers’ risk profile.
Assist the Quant and Data Science teams in their work helping to continually improve our Sportsbook betting KPIs
Coordinate with the internal sportsbook team on Strategy, Marketing, Promotional and Operational issues
Work alongside the broader Sportsbook team and other key stakeholders to ensure accurate customer management.
There may be a requirement to work a shift pattern including evenings, weekends and bank holidays to meet the needs of the business.
How you will be measured:
Sportsbook betting revenues
Sportsbook betting margin
Growth of the above
Your experience:
Experience in leading and developing a team.
In depth demonstrable knowledge of the methods and math that apply to sports bookmaking.
Excellent analytical background with the ability to relate to both business and technical functions, including an understanding of the application of advanced data usage through quantitative analysis (price modelling, propensity modelling, trading algorithms etc).
Excellent attention to detail and the ability to deliver solutions in exacting timelines and demanding environments.
Strong understanding of Microsoft office products, particularly Excel.
Understanding of customer profiling and behavioral trends.
A keen interest in sports and/or sports betting.
Industry experience is essential for this role.
Hard working, flexible and enthusiastic about meeting challenges with solutions.
Proactive in improving the product, team and themselves.
Team Player who can also work independently when required.
Excellent communication and organizational skills.
Fluent in English, both written and verbal, is essential
Our Way Of Working
Our world is hybrid.
A career is not a sprint. It’s a marathon. One of the perks of joining us is that we value you as a person first. Our hybrid world allows you to focus on your goals and responsibilities and lets you self-organise to improve your deliveries and get the work done in your own way.
Application Process
Click on the “Apply Now” button and complete the short web form. Please add your CV and covering letter in English to let us know your motivation for applying and your salary expectation. Our Talent Acquisition team will be in touch soon. Kindred is an equal opportunities employer committed to employing a diverse workforce and an inclusive culture. As such we oppose all forms of discrimination in the workplace. We create equal opportunities for all our applicants and will treat people equally regardless of and not limited to, gender, ages, disability, race, sexual orientation. We are committed not only to our legal obligations but also to the positive promotion that equal opportunities bring to our operations as set out in our sustainability framework. Kindred has an ESG rating of AAA by MCSI.

Kindred Group