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Magic Eden

Senior Risk & Trading Analyst, Sportsbook

Posted 5 days ago
5-10 years experience
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AI Summary

You will act as a founding member of the risk and trading team, managing sportsbook exposure and monitoring live casino activity. Your role involves detecting and mitigating sharp play, fraud, and technical anomalies while optimizing risk rules and reporting.

Magic Eden became one of the fastest companies in history to reach unicorn status, just 9 months after launch. Built on a foundation of crypto-native expertise and in-house engineering, we moved fast and proved the model. Now we’re taking that same energy into the next chapter: Dicey, our crypto casino and sportsbook platform targeting the $180B+ iGaming and sports betting markets.

About the Role & Why It Matters

As a founding member of Dicey’s Risk, Trading, and Operations function, you will act as the commercial pit boss of our platform. This is a high-ownership role managing pre-match and live sportsbook exposure. We need a sharp, high-conviction analyst who can instantly distinguish between standard recreational variance and exploitative sharp play. Balancing 360-degree cross-platform oversight across both Casino and Sportsbook, you will protect our bottom line and secure long-term margin sustainability without sacrificing customer experience.

Responsibilities

Real-Time Risk & Game Monitoring

  • Detect & Mitigate: Monitor live Sportsbook and Casino activity to swiftly neutralize sharp play, arbitrage, exploits, and bonus abuse.

  • Player Profiling: Track player profitability, betting patterns, and withdrawal velocity; manage risk actions like account restrictions or market adjustments.

  • Integrity Control: Analyze casino game outcomes against expected RTP to identify technical anomalies and multi-accounting.

Sportsbook & Trading Support

  • Exposure Management: Monitor pre-match and in-play event exposure, liabilities, and market movements.

  • Trading Operations: Handle platform risk settings, manage feed providers, and execute bet reviews and limit adjustments.

Payments, Process & Collaboration

  • Fraud Prevention: Review high-risk withdrawals and suspicious payment patterns alongside the Fraud/Payments teams.

  • Optimization & Reporting: Build data-driven risk reports and refine automated alerting frameworks and risk rules.

  • Cross-Team Alignment: Work closely with Trading, VIP, Product, and Support, escalating critical incidents directly to the Risk Manager.

What You Bring

  • Experience: 6+ years in a Risk, Trading, or Fraud role within iGaming or Sports Betting.

  • Domain Expertise: Deep understanding of trading concepts (odds, liabilities, exposure) and casino mechanics (RTP, volatility).

  • Data & Anomaly Detection: Experience with data tools (Excel, SQL, BI) to rapidly spot sharp action and pricing inefficiencies.

  • Live Operations Mindset: Ability to make fast, commercial decisions in high-volume, 24/7 live environments (including shifts).

  • Composure & Communication: Clear articulation during escalations and a calm demeanor during high-pressure, peak-volume periods.

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