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Magic Eden

Senior Risk & Trading Analyst, Sportsbook

Posted a day ago
5-10 years experience
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AI Summary

You will manage pre-match and live sportsbook exposure while monitoring casino activity to detect and mitigate sharp play, arbitrage, and technical anomalies. Additionally, you will collaborate with cross-functional teams to optimize risk rules, handle high-risk withdrawals, and ensure long-term margin sustainability.

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.

    What you get

    • A small, senior team where your work is visible and valued.

    • Competitive compensation and equity package.

    • Flexible leave.

    • Remote-first company.

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