Senior Trader - Sunbet

Join to apply for the Senior Trader - Sunbet role at Sun International.

Job Purpose: To manage a specific sport in order to maximise profit margins and provide punters with a competitive product that is on time and online at the right price.

Education: B Degree in Sports / Business / Finance or equivalent (plus). Key Employee License Holder (plus).

Experience: Minimum 2 years' experience as a junior trader in sports.

Skills and Knowledge:

1. Understanding of specific sports.
2. Industry and market knowledge.
3. Aptitude for numbers / financial acumen.
4. Attention to detail.
5. Team player.
6. Analytical skills.
7. Judgement & decision making.

Key Performance Areas:

1. Offer as many pre-game and live televised sports games as possible that can be traded in order to attract sports punters to Sunbet.
2. Add competitive sports markets and increase market range in order to become the leading bookmaker for a specific sport.
3. Constantly monitor sports punters to keep abreast of those that get lost to the business.
4. Liase with marketing department to establish reasons for lost punters and advise on campaigns to lure back lost punters and attract new ones.
5. Ensure adherence/compliance to existing sports-specific risk policies in order to guide the amount of exposure for each sports market.
6. Make decisions on take-backs from other bookmakers in order to reduce amount of exposure, and as far as possible, ensure that take-backs are not at a loss.
7. Make suggestions on where to move market or change betting limits and prices in order to manage exposure.
8. Analyse sports that are set up manually in order to determine correct prices and quotes for punters vs market's prices and quotes.
9. If there is a big gap between company and market prices and quotas, offer opinions and/or decide to either stay in line with market or go outside the market to force money from punters in a different direction.
10. Spot suspicious betting transactions and investigate to ensure legitimacy of bet. If illegitimate, explain to punter why payout cannot be made and in the case of a dispute prepare case for Head Trader to present to Gambling Board.
11. Produce weekly, monthly and quarterly reports on sports and punters in order to determine growth and performance of a specific sport.
12. Analyse sports and punters to determine betting patterns and behaviour of punters.
13. Based on information from reports, suggest ideas to improve specific-sport performance.

Equity: Preference will be given to employees from the designated groups in line with the provisions of the Employment Equity Act, No. 55 of 1998, SISA internal recruitment policy as well as units employment equity plans.

POPI Statement: Please note that when applying for any position, reference checks will be completed and personal information as defined in the Protection of Personal Information Act 4 of 2013 will be processed. In applying for this position, applicants will be deemed to have consented to such processing as defined in the included Privacy Statement.

Please also note that if you have not been contacted within 1 month after the closing date of this advertisement, please accept that your application has been unsuccessful.

Seniority level: Mid-Senior level

Employment type: Full-time

Job function: Other

Industries: Gambling Facilities and Casinos