Trader II

Fanatics Betting & Gaming; Denver (CO); On-site; USD 68,000 - 90,000; Full time

Job summary

Fanatics Betting & Gaming in Denver is seeking a Trader II - Risk to help shape a resilient betting proposition while managing limits and overall exposure. You will own pricing, liability, and customer management on shift, collaborating with Trade, Risk, and Engineering teams to maintain a best-in-class trading experience.

The role emphasizes data-driven decisions, strong communication, and leadership of a shift in a fast-paced, growth-focused environment.

Qualifications

• Bachelor’s degree or equivalent in a quantitative or business field.
• 3+ years of experience in a trading, risk, or similar role (sportsbook experience preferred).
• Real passion for sport and understanding of what sports fans want to be entertained.
• Ability to understand and interpret data, translating it into actionable insights.
• Strong understanding of customer profiling and risk metrics.
• Working knowledge of trading platforms and systems; ability to troubleshoot and document for Engineering.
• Ability to lead through communication and communicate confidentially with trading teams.
• Comfort leading a shift, making decisions under pressure.
• Entrepreneurial, hyper-growth mindset; quick decision-making.
• Team-first mentality across FBG and the Fanatics organization.
• Willingness to ask questions, learn, and solve problems.
• Proficiency with data tools (SQL, Snowflake) and AI-assisted analysis tools.
• Open to travel to events and other Fanatics offices.

Responsibilities

• Work across core Risk functions: pricing, liability, customer management, error detection.
• Understand key risk metrics and provide actionable feedback.
• Lead operational shifts and allocate tasks based on team strengths and schedule.
• Be responsive to operational needs and communicate with cross-functional teams.
• Troubleshoot trading systems and document issues for Engineering.
• Support efficiency reviews of Risk processes and suggest improvements.
• Assist with testing new sportsbook features and trading models.
• Collaborate with Commercial, Marketing, Product, Engineering, and Operations to enhance the betting experience.
• Ensure Fanatics places the customer at the heart of trading strategies.

Skills

Data analysis

SQL

Snowflake

Communication

Risk management

Team leadership

Problem solving

Sports betting knowledge

Travel readiness

Education

Bachelor’s degree or equivalent in a quantitative or business field

Tools

Trading platforms

AI-assisted tools

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.

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.

Overview

As a Trader II - Risk at Fanatics Betting & Gaming (FBG), you will help create an entertaining betting proposition that appeals to Fanatics customers while appropriately managing betting limits and overall trading risk. Reporting into Trading Managers, you will be a key operator within the Risk team, with ownership across pricing management, liability management, customer management, and error detection. You will be a trusted point of contact on shift, guiding day-to-day operations, supporting colleagues, and communicating clearly with the wider Trading department and cross-functional partners. Whatever your background, keeping the customer and colleague experience at the heart of everything you do is vital to succeed in this role. This is an in-office position based out of Denver, Colorado.

Responsibilities

• Work across the core functions of Risk: pricing management, liability management, customer management, and error detection
• Understand how key risk metrics are calculated so you can provide meaningful, actionable feedback on them and identify their potential weaknesses.
• Lead operational shifts, including the assignment of tasks that reflect team strengths and adjusting resourcing to the sporting schedule and betting volume.
• Be present and responsive to the operational needs of the team, and stay on top of operational issues across Risk, Trading, and the on-app product, communicating how they will affect shift operations
• Apply a robust understanding of FBG’s trading systems to troubleshoot, elevate, and document issues in the format required by cross functional stakeholders.
• Understand all necessary processes within the Risk team and provide feedback on their efficiency and compliance
• Help test new sportsbook features and trading models, and provide input to the wider team.
• Contribute to continuous improvement across the Trading department, assisting with automation and identifying areas for advancement
• Work closely with Commercial, Marketing, Product, Engineering, and Operations teams to create and implement a best-in-class, intuitive, and scalable betting experience for our customers, driven by data, user research, and competitor analysis
• Ensure that Fanatics puts the customer at the heart of our Trading strategies.

Qualifications

• Bachelor’s degree or equivalent in a quantitative or business field
• 3+ years of experience in a trading, risk, or similar role (sportsbook experience preferred)
• A real passion for sport, and an inherent understanding of what sports fans want in order to be entertained
• Ability to understand and interpret data, translating it into actionable insights
• Strong understanding of customer profiling and risk metrics
• Working knowledge of trading platforms and systems, with the ability to troubleshoot issues and clearly document them for Engineering
• Ability to lead through communication, and to communicate confidentially and effectively with the wider trading teams
• Comfort leading a shift, making sound decisions under pressure, and escalating when appropriate
• Preference for an entrepreneurial, hyper-growth environment where decisions are made quickly
• Team-first mentality, with a willingness to do what it takes to get the job done and to work cross-functionally across FBG and the larger Fanatics organization
• Willingness to ask questions and learn, along with strong problem-solving skills
• Proficiency with data analysis tools (e.g., SQL, Snowflake) and comfort using AI-assisted tools to analyze data, automate workflows, and improve trading processes.
• Open to regular travel to events and other Fanatics offices for offsite and team meetings

Depending on the role, your interview and onboarding experience may include in-person components, such as onsite interviews or Launching into Better: LIVE—a multi-day cultural immersion in New York City for full-time, non-seasonal hires. These sessions are designed to build connection and bring our culture to life, though specific travel and participation requirements will be confirmed based on your role and location. Your recruiter will provide clear guidance at each stage of the process.

Ranges will change based on country and state of residence, which are reflected in Geographical Zones defined by Fanatics Betting and Gaming. The 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/

Salary Range

$68,000 - $90,000 USD

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.

Voluntary Self-Identification

For government reporting purposes, we ask candidates to respond to the below self-identification survey.Completion of the form is entirely voluntary. Whatever your decision, it will not be considered in the hiringprocess or thereafter. Any information that you do provide will be recorded and maintained in aconfidential file.

If you believe you belong to any of the categories of protected veterans listed below, please indicate by making the appropriate selection.As a government contractor subject to the Vietnam Era Veterans Readjustment Assistance Act (VEVRAA), we request this information in order to measurethe effectiveness of the outreach and positive recruitment efforts we undertake pursuant to VEVRAA. Classification of protected categoriesis as follows:

A "disabled veteran" is one of the following: a veteran of the U.S. military, ground, naval or air service who is entitled to compensation (or who but for the receipt of military retired pay would be entitled to compensation) under laws administered by the Secretary of Veterans Affairs; or a person who was discharged or released from active duty because of a service-connected disability.

A "recently separated veteran" means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

An "active duty wartime or campaign badge veteran" means a veteran who served on active duty in the U.S. military, ground, naval or air service during a war, or in a campaign or expedition for which a campaign badge has been authorized under the laws administered by the Department of Defense.

An "Armed forces service medal veteran" means a veteran who, while serving on active duty in the U.S. military, ground, naval or air service, participated in a United States military operation for which an Armed Forces service medal was awarded pursuant to Executive Order 12985.