Quantitative Analyst I

Fanatics Betting & Gaming; Denver (CO); Hybrid; USD 65,000 - 92,000; Full time

Job summary

Fanatics Betting & Gaming is seeking a Quantitative Analyst in Denver to operate at the intersection of sports trading, mathematics, and data science. You will analyze betting data, develop predictive models, and support trading decisions while collaborating with quants, traders, engineers and product managers.

This is a hybrid role with 2-5 days per week in the Denver office. You will apply mathematical and statistical techniques to solve complex problems, building models and maintaining

Qualifications

• Bachelor's or Master's degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a related quantitative field.
• Outstanding mathematical, statistical and analytical skills.
• Proficiency in at least one programming language such as Python, C#, R, or C++ is a plus.

Responsibilities

• Assist in the development, implementation, training and testing of mathematical models for pricing and risk management of sport betting events.
• Data sourcing and analysis: collect/clean sports data, analyze large datasets to identify patterns and inform trading strategies.
• Programming: use Python/C# to develop quantitative models, code and automate analytical processes, and perform data analysis tasks.
• Collaborate with senior quants, traders and product managers to understand business requirements and communicate findings.
• Document and maintain clear documentation of models, methodologies and analyses for internal reference.
• Stay abreast of developments in quantitative analysis and betting markets through self-study and training.

Skills

Mathematics

Statistics

Programming (Python/C#)

Analytical skills

Education

Bachelor's/Master's in quantitative field

Tools

Python

C#

R

C++

Job description

Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally.

Quantitative Analyst (Hybrid – Denver)

As a Quantitative Analyst, you’ll operate at the intersection of sports trading, mathematics, and data science. Your primary focus will be on analyzing sport & betting data, developing predictive models, and assisting with trading decisions. You’ll collaborate with senior quants, traders, engineers and product managers to continuously improve pricing efficiency and expand the range of betting odds generated by our proprietary trading platform and continuously improve our risk models & management strategy. You will apply mathematical and statistical techniques to solve complex problems. It is an exciting opportunity for professional development in a dynamic and fast-paced environment. This is a hybrid role, requiring 2-5 days per week in our Denver office.

Responsibilities

• Assist in the development, implementation, training and testing of mathematical models for pricing & managing the risk of sport betting events.
• Data Sourcing & Analysis
  • Collect and clean sports-related data,
  • Analyze large datasets of play by play (simulated or historical) and betting data to identify patterns, trends, and correlations that can inform trading strategies.
• Programming
  • Use programming languages such as C# or Python to develop quantitative models, code and automate analytical processes, and perform data analysis tasks.
• Collaborate with senior quantitative analysts, traders & product managers to understand business requirements, implement solutions, and communicate findings effectively.
• Document and maintain clear and concise documentation of quantitative models, methodologies and analysis procedures for internal reference.
• Stay abreast of developments in quantitative analysis & betting markets, and related fields through self-study & training.

Qualifications

• Bachelor's or Master's degree in Mathematics, Statistics, Computer Science, Finance, Economics, or a related quantitative field.
• Outstanding mathematical, statistical and analytical skills.
• Excellent work ethic and good team skills.
• Detail-oriented mindset with a commitment to producing high-quality work and adhering to best practices in quantitative analysis and research.
• Strong understanding of more advanced machine learning techniques is a plus.
• Proficiency in at least one programming languages such as Python, C#, R, or C++ is a plus.

Experience

• While junior roles often don’t require extensive experience, any exposure to financial markets, data analysis, or quantitative research is beneficial.
• Internships or coursework related to quantitative finance or numerical modeling are a plus.

Salary & Benefits

Salary range: $64,600 to $91,800. Salary range incorporates all of our Geographical Compensation Zones and is subject to change as the Zone associated with the actual Offer is confirmed. In addition to the base and bonus, full-time employment, and more. For information about our benefits, please visit https://benefitsatfanatics.com/.

Eligibility

No visa sponsorship available. The role requires work in Denver office 2-5 days per week.

Equal Employment Opportunity

As set forth in Fanatics Betting & Gaming’s Equal Employment Opportunity policy,we do not discriminate on the basis of any protected group status under any applicable law.