Sports Trader - Contractor at Mojo

Read by 114 job seekers.

New York, New York, United States

About Mojo

At 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 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.

This role is a contractor role with an expected salary of $20-$30/hour.

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.

About You:

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

Estimated Salary range:

Our salary intelligence, powered by our AI algorithms, has calculated an estimated range for this position between $60,000 - $80,000 . Please note that the actual salary for this position may vary, as it is dependent on various factors including but not limited to experience, location, and market dynamics.

Apply for this job

See more jobs at Mojo