Head of Risk - Remote Position in iGaming
About the Role
We are seeking a highly experienced Head of Risk to lead our sportsbook risk strategy during a critical growth phase. This Head of Risk remote position is pivotal as we expand our operations internationally, focusing on risk governance, exposure management, and long-term margin protection.
What You'll Do
- Develop and lead the overall sportsbook risk strategy, ensuring alignment with company objectives.
- Establish scalable exposure management frameworks to optimize risk controls.
- Implement clear risk reporting structures for senior leadership to facilitate informed decision-making.
- Oversee real-time liability management across all active markets, optimizing customer limits and profiling methodologies.
- Identify and mitigate sharp action, arbitrage, and coordinated activity to protect margins.
- Analyze hold performance and margin volatility, collaborating with trading, CRM, fraud, and payments teams to reduce leakage.
- Build and structure the risk function, defining KPIs and accountability frameworks to promote a disciplined, data-driven risk culture.
- Challenge assumptions and implement structured improvements to enhance operational discipline.
Requirements
- Minimum of 10 years of sportsbook risk or senior trading risk experience.
- Previous experience in a Tier-1 sportsbook environment is strongly preferred.
- Demonstrated track record of stabilizing or improving sportsbook margin performance.
- Deep understanding of sharp vs recreational betting behavior and arbitrage detection.
- Strong analytical capability and commercial judgment, with experience in fast-growth or international markets advantageous.
- Comfortable taking ownership of high-impact decisions and able to challenge assumptions.
Nice to Have
- Experience in risk analytics and performance modeling.
- Familiarity with customer segmentation and limit management strategy.
- Strong operational discipline and strategic thinking.
What We Offer
- Performance incentives linked to margin stability.
- Significant strategic responsibility within a growing international operator.
- Opportunity to build and shape the risk function.
- Relocation support to our main office, to be discussed.
This Head of Risk position offers a unique opportunity to lead risk strategy in a growing iGaming company. With competitive compensation and significant responsibilities, it's ideal for experienced professionals.
Who Will Succeed Here
Proficient in advanced risk management techniques, particularly in sportsbook strategy, utilizing tools like R or Python for data analysis and modeling.
Demonstrates strong commercial judgment and exposure management skills, with a proven track record of making data-driven decisions in high-pressure remote environments.
Possesses a strategic mindset with experience in customer profiling to tailor risk strategies effectively, adapting to diverse international markets.
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