DraftKings

Prediction Markets Manager

DraftKings$104K — $130K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years of experience in market or exchange operations
  • Strong understanding of market structure concepts and trading dynamics
  • Proven track record in leading cross-functional initiatives
  • Excellent analytical and stakeholder management skills
  • Desire to work in regulated trading environments with knowledge of prediction markets

Responsibilities

  • Lead daily operations of the DraftKings Exchange for prediction markets
  • Oversee issue resolution and collaborate with Engineering to enhance platform performance
  • Manage operational relationships with customers and partners for seamless experiences
  • Collaborate with various teams to execute initiatives and improve operations
  • Develop tools for real-time market monitoring and trading performance analysis
  • Analyze data to recommend operational improvements and strengthen market integrity
  • Cultivate expertise in prediction markets to influence operational strategies

Benefits

  • Guidance through the gaming license acquisition process if required
  • Opportunities for bonuses and equity as part of compensation
  • Comprehensive benefits package as applicable
  • Employment as part of a publicly traded tech company
Full Job Description
The Crown Is Yours

As a Prediction Markets Manager, you'll play a critical role in shaping and scaling the operations that power our prediction markets. You'll own the strategy and execution behind complex market operations, lead cross-functional initiatives that strengthen operational excellence, and help define how we launch, monitor, and optimize markets in a rapidly evolving regulatory environment. Working closely with Engineering, Regulatory, Analytics, Product, and external partners, you'll combine operational expertise with data-driven decision-making to build scalable processes, protect market integrity, and deliver a trusted marketplace for our customers.

What you'll do
  • Lead the day-to-day operations of the DraftKings Exchange, ensuring reliable execution across electronic trading, market monitoring, and operational support for prediction markets.
  • Drive real-time operational and technical support for the exchange by overseeing issue resolution, identifying root causes, and partnering with Engineering to improve platform stability and performance.
  • Manage customer and partner operational relationships by supporting exchange connectivity, onboarding new participants, resolving complex inquiries, and ensuring a seamless trading experience.
  • Partner closely with Engineering, Product, Regulatory, and Analytics teams to execute strategic initiatives, launch new market capabilities, and continuously improve exchange operations.
  • Guide the development and enhancement of operational tools that enable real-time monitoring of market conditions, liquidity, market maker activity, trading performance, and prediction market health at scale.
  • Analyze operational and market data to identify trends, recommend improvements, and implement scalable processes that strengthen market integrity, operational efficiency, and the customer experience.
  • Develop deep expertise in prediction markets and emerging industry trends to influence operational strategy, support regulatory readiness, and help shape the future direction of the DraftKings Exchange.


What you'll bring
  • At least 5 years of experience in market operations, exchange operations, trading operations, market surveillance, financial markets, sportsbook trading, or a similar operational environment.
  • Deep knowledge of exchange and market structure concepts, including order books, matching engines, liquidity, market states, trading dynamics, and operational risk management.
  • Proven experience leading cross-functional operational initiatives, improving complex processes, and delivering scalable solutions in a fast-paced, regulated environment.
  • Strong analytical, communication, and stakeholder management skills, with the ability to influence technical and business partners and communicate operational insights to senior stakeholders.
  • Experience using data to evaluate operational performance, prioritize improvements, and support strategic decision-making.
  • A passion for prediction markets, exchange operations, sports trading, or financial markets, with the flexibility to support shift coverage as needed. Experience working in a regulated trading, exchange operations, or market surveillance environment is preferred.


#LI-AC2

Join Our Team

We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.

The US base salary range for this full-time position is 104,000.00 USD - 130,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process.

About DraftKings

DraftKings is an American daily fantasy sports contest and sports betting operator. The company allows users to enter daily and weekly fantasy sports–related contests and win money based on individual player performances in five major American sports, Premier League and UEFA Champions League soccer, NASCAR auto racing, Canadian Football League, the XFL, mixed martial arts and Tennis. In August 2018, DraftKings launched DraftKings Sportsbook in New Jersey becoming the first legal mobile sports betting operator in the state. Since launching in New Jersey, DraftKings has opened mobile sports betting operations in Indiana, Pennsylvania, West Virginia and opened in New Hampshire December 30, 2019 after reaching contract with the New Hampshire Lottery. Retail sports betting is available in Iowa, Mississippi and New York. DraftKings Sportsbook mobile and retail sports betting products allow bettors in each state engage in betting for most major U.S. and international sports. As of April 2016, the majority of U.S. states consider fantasy sports a game of skill and not gambling. In November 2016, FanDuel and DraftKings, the two largest companies in the daily fantasy sports industry, reached an agreement to merge. However the merger was terminated in July 2017 due to it being blocked by the Federal Trade Commission as the combined company would have controlled a 90 percent of the market for daily fantasy sports. As of July 2017, DraftKings had eight million users.
Learn more about DraftKings
Size
3,400 employees
Market Cap
$4.9 billion
Industry
Net Income
-$577.9 million
Revenue
$292.3 million
NASDAQ

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