Associate, Market Operations

DK Crown Holdings Inc.; United States; Remote; USD 62,000 - 77,000; Full time

Benefits offered by this job

Bonus

Equity

Benefits

Job summary

DraftKings is seeking an Associate, Market Operations to safeguard the integrity of our prediction markets, working at the intersection of regulation, surveillance, and operations. You will manage market activity, provide operation support to Exchange Members, conduct real-time surveillance, and collaborate with engineering for new features.

The US base salary range is 61,600 USD - 77,000 USD, plus bonus, equity and benefits.

Qualifications

• Excellent written and verbal communication across partners including engineering, regulatory, analytics, and product teams.
• Solid understanding of market structure, order book, matching engine, market states, trading dynamics.

Responsibilities

• Manage market activity including market creation, configuration, timing, and settlement procedures.
• Provide operation support to Exchange Members on connectivity, metadata, and market resolution.
• Conduct real-time market surveillance to identify anomalies and upscale trade practice violations.
• Monitor market activity to track KPIs and produce internal analytics reports.
• Collaborate with engineering and market structures teams on operational requirements for new features and launches.
• Manage relationship with Clearinghouse partner to ensure timely funding for Exchange Member accounts.
• Coordinate with ecosystem partners to maintain liquidity and smooth operation.

Skills

Communication skills

Market structure understanding

Attention to detail

Interest in finance/trading

Shift coverage

Job description

At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It's transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We're not waiting for the future to arrive. We're shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together. The Crown Is Yours As an Associate, Market Operations you'll play a critical role in safeguarding the integrity of DraftKings' prediction markets. Working at the intersection of regulation, surveillance, and operations, you'll help ensure our markets are fair, compliant, and built to scale. From assisting with trade practice surveillance to communicating directly with regulators, your expertise will help shape a trusted, future-ready exchange in a rapidly evolving regulatory landscape.

What you'll do as an Associate, Market Operations

• Manage market activity including market creation, market configuration, coordinate launch timing and conduct settlement procedures.
• Provide operation support to Exchange Members on connectivity, market metadata, and market resolution.
• Conduct real-time market surveillance coverage to identify anomalies and upscale trade practice violations.
• Monitor market activity to track KPIs and produce reports for internal analytics.
• Collaborate with the engineering and market structures team on operational requirements for new features and launches.
• Manage the relationship with the Exchange's Clearinghouse partner to ensure timely and accurate funding for Exchange Member accounts.
• Working with ecosystem partners to ensure that markets are operating smoothly with sufficient liquidity.

What you'll bring

• Exceptional written and verbal communication skills with ability to work with partners across engineering, regulatory, analytics, and product team.
• Understanding of market structure including order book, matching engine, market states, trading dynamics, and market ecosystems.
• High attention to detail and a bias for action when resolving time-sensitive issues.
• Enthusiasm for prediction markets, sports trading, or financial markets.
• Flexibility to provide shift coverage as needed for real-time market surveillance.
• Experience in a trading role is a plus but not required.

Join Our Team

We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.

The US base salary range for this full-time position is 61,600.00 USD - 77,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

DraftKings Inc. (Nasdaq: DKNG) is a digital sports entertainment and gaming company. It's simple, at DraftKings, we believe life's more fun with skin in the game. For that reason, we're committed to responsibly creating the world's favorite games and betting experiences. Headquartered in Boston, with offices around the globe, we believe we can continue to define what it means to be a technology company in sports entertainment. We love what we do, and think you will too.