Senior Quantitative Analyst - Sports Betting Pricing & Risk

GR8 Tech group; España; Remote; EUR 85,000 - 125,000; Full time

Benefits offered by this job

Remote-first

Tech support

Coworking allowance

Vacation days

Team events

Learning & growth

Job summary

GR8_TECH in Spain is seeking a Senior Quantitative Analyst to own pricing models for sportsbook markets, calibrate models, and shape a data-driven pricing edge. You’ll build pre-match and in-play models and derive market trees with coherent probabilities.

You’ll lead risk management, backtest strategies, and collaborate with Engineering to deploy low-latency services. 5+ years’ experience, English at B2+ required, remote-first culture.

Qualifications

• 5+ years of quantitative analysis experience, including 3+ years in sports betting, betting exchange, or sports trading/analytics.
• Expert-level probabilistic and statistical modelling skills.
• Expert Python skills for modelling and production code.
• Strong experience in sports-specific model design, including ratings, simulations, and in-play models.
• Experience with both pre-match and in-play pricing.
• Advanced knowledge of bookmaking economics, margin strategy, risk, liability, and exposure management.
• Advanced SQL and experience handling large-scale datasets.
• Experience developing, validating, and deploying models into production with measurable commercial impact.
• Machine learning knowledge and understanding of low-latency/streaming systems.
• English proficiency at B2+ level.

Responsibilities

• Own the design, development, and calibration of pre-match and in-play pricing models for assigned sports verticals.
• Derive full market trees from core model outputs with internally consistent probabilities.
• Model live scenarios where state changes matter: in-play score, time decay, momentum, and injuries.
• Extract fair probabilities from competitor and exchange prices and blend signals with model outputs.
• Define liability limits, exposure thresholds, and automated risk-mitigation rules.
• Run Monte Carlo simulation of book outcomes to quantify tail risk.
• Support the trading floor during high-liability events with real-time analysis and price recommendations.
• Set the quantitative roadmap in partnership with Trading and Product leadership.
• Partner with Engineering to productionise models into low-latency pricing services and monitoring.

Skills

Quantitative analysis

Statistical modelling

Probability

English proficiency

Model validation

Tools

Python

SQL

Monte Carlo simulations

Low-latency systems

Job description

GR8_TECH in Spain is seeking a Senior Quantitative Analyst to own pricing models for sportsbook markets, calibrate models, and shape a data-driven pricing edge. You’ll build pre-match and in-play models and derive market trees with coherent probabilities.

You’ll lead risk management, backtest strategies, and collaborate with Engineering to deploy low-latency services. 5+ years’ experience, English at B2+ required, remote-first culture.