Quantitative Analyst I

Fanatics Inc; Denver (CO); Hybrid; USD 100,000 - 115,000; Full time

Job summary

Fanatics Betting and Gaming seeks a Quantitative Analyst to develop and test pricing and risk models for sports betting. You will source data, build predictive models, and automate analyses using Python and C#. Collaboration with quants, traders and product managers is essential to translate requirements into actionable insights.

You will document methodologies and stay current with market developments, contributing to a fast-paced, data-driven trading environment.

Qualifications

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

Responsibilities

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

Skills

Mathematics

Statistics

Analytical thinking

Team collaboration

Education

Bachelor's or Master's in Mathematics/Statistics/CS/Finance/Economics

Tools

Python

C#

R

C++

Job description

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. No Visa sponsorship available.

Responsibilities

As a Quantitative Analyst, your responsibilities will include

• 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 range is listed in USD; ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. *Salary Range: $100,000 to $115,000 (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/

About Us

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.

About the Team

Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics, a global digital sports platform. The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U.S. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates twenty-two retail sports betting locations, including the only sportsbook inside an NFL stadium at Northwest Stadium. Fanatics Betting and Gaming is headquartered in New York with offices in Denver, Leeds and Dublin.