Quant Trader - Sports Event Market Making (Remote)
About the Role
We are seeking a skilled Quant Trader to join our dynamic team at Crypto.com. As a Quant Trader specializing in sports event market making, you will operate at the intersection of data analytics, financial expertise, and a passion for sports. This remote Quant Trader role involves market-making in sports prediction contracts and managing risk in sports prediction markets. Your objective will be to leverage your understanding of both sports and market dynamics to maximize profits while carefully managing risks.
What You'll Do
- Engage in market making and trade execution by systematically providing liquidity through posting buy and sell offers, narrowing spreads, and facilitating efficient market operations.
- Continuously monitor a wide range of sports prediction markets—including soccer, basketball, baseball, football, and emerging eSports—for price movements, liquidity, and volatility.
- Analyze historical data, trends, and live odds to identify trading opportunities.
- Implement risk management strategies by monitoring overall portfolio risk, position limits, and exposure caps to stay within risk tolerance.
- Adjust strategies based on variance, probability shifts, and new information.
- Collaborate with developers and risk managers to improve the trading infrastructure, including connectivity, pricing, execution, and booking logic.
- Conduct pre-market and post-market analyses of upcoming sporting events, identifying key opportunities and risks.
- Prepare end-of-day summaries, performance reviews, and compliance reports.
Requirements
- Bachelor’s degree in Mathematics, Statistics, Economics, Finance, Computer Science, or a related discipline; advanced degrees are an asset.
- 5+ years of profitable sports prediction trading experience on a leading trading desk in a bank, proprietary trading firm, or market-making shop.
- Demonstrated experience in successfully building and managing trades.
- Familiarity with Python and a keen interest in expanding your technical skillset.
- Strong critical thinking skills and a commitment to continuous improvement.
- Excellent organizational and interpersonal skills, with strong attention to detail.
- Ability to work effectively under pressure and in dynamic, fast-paced environments.
Nice to Have
- Experience with prediction market platforms, sports betting exchanges, or similar financial environments.
- Adaptive, self-motivated, enjoy challenges and responsibility.
What We Offer
- Competitive salary ranging from $120,000 to $180,000 per year.
- Attractive annual leave entitlement including birthday and work anniversary.
- 401(k) plan with employer match.
- Eligible for company-sponsored group health, dental, vision, and life/disability insurance.
- Flexibility in work hours with a hybrid or remote setup.
- Opportunities for personal and professional growth through our internal mobility program.
This remote Quant Trader position at Crypto.com offers an exciting opportunity to work at the forefront of sports trading. With a competitive salary and a supportive team environment, it's a great chance for experienced traders to thrive.
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