Senior Algorithmic Trading Lead

FanDuel; New York (NY); On-site; USD 156,000 - 204,750; Full time

Benefits offered by this job

Health insurance

401k with up to a 5% match

Paid time off

Annual bonus opportunities

Job summary

A leading sports technology company seeks an Algorithmic Trading Manager in New York. The role involves designing automated trading algorithms, managing a trading team, and collaborating with various teams to optimize trading strategies. Candidates should have over 5 years of quantitative expertise, particularly in sports betting. They will also manage operations ensuring risk parameters are met, contributing to substantial daily trading volumes. Competitive benefits and a salary range of $156,000 - $204,750 are included.

Qualifications

• 5+ years of quantitative or algorithmic trading experience, preferably in sports betting.
• Demonstrated track record of P&L through systematic trading strategies.
• Deep understanding of market dynamics and order book.

Responsibilities

• Design and deploy automated market‑making algorithms for sports betting markets.
• Manage day‑to‑day operations and execution of the algorithmic trading team.
• Build and maintain statistical forecasting models for sports outcomes.

Skills

Quantitative or algorithmic trading experience

Programming ability in Python, C++, Java, Golang

Understanding of market microstructure

Experience with trading APIs

Building statistical models

Data collection via APIs or web scraping

Job description

A leading sports technology company seeks an Algorithmic Trading Manager in New York. The role involves designing automated trading algorithms, managing a trading team, and collaborating with various teams to optimize trading strategies. Candidates should have over 5 years of quantitative expertise, particularly in sports betting. They will also manage operations ensuring risk parameters are met, contributing to substantial daily trading volumes. Competitive benefits and a salary range of $156,000 - $204,750 are included.