Fanatics

Quant Trader, Market Making

Fanatics$150K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in a technical field like Mathematics, Statistics, or Computer Science.
  • 2+ years of trading experience in fast-paced environments like market making or sports betting.
  • Experience in integrating data and models into production systems.
  • Strong understanding of trading concepts and predictive modeling.
  • Proficient in Python for data manipulation and statistical analysis.
  • Understanding of sports and event-driven markets is essential.
  • Flexible working hours to accommodate global sports schedules.

Responsibilities

  • Make markets and manage risk for various prediction contracts.
  • Design and develop real-time pricing models for event outcomes.
  • Collaborate with product and engineering teams to implement models for live trading.
  • Monitor and improve predictive models for trading accuracy and stability.
  • Identify market opportunities from predictive insights and market dynamics.
  • Create trading strategies to maximize volume and automate decision-making.
  • Work with cross-functional teams to launch new market types.

Benefits

  • Access to cultural immersion events including onsite interviews.
  • Comprehensive benefits package available through the Fanatics benefits portal.
  • Opportunities for career advancement and continued education.
Full Job Description
About the roleFanatics Markets is Fanatics' prediction market platform, letting users trade contracts across sports, finance, economics, culture, and crypto. We're building out our trading desk to provide liquidity, manage risk, and ensure tight, fair markets across our contract slate. We're looking for a Senior Trader with hands-on market making experience to help scale this function as we expand into new states and asset classes.

What you'll do
  • Make markets and manage risk across sports and financial prediction contracts
  • Design and develop pricing models to generate real-time fair values for event-driven outcomes
  • Partner with product and engineering to productionize models for live trading
  • Monitor, validate, and iterate on production models, continuously improving predictive accuracy and trading outcomes while ensuring robustness and operational stability of pricing models
  • Identify and execute market-take opportunities arising from model insights and prediction-market dynamics
  • Design & implement trading strategies to maximise volume and revenue while scaling automated decision-making
  • Partner with product, quant, engineering, and compliance teams to launch new markets and contract types

What you'll bring
  • Bachelor's degree or higher in a technical or quantitative discipline (e.g., Mathematics, Statistics, Computer Science, Physics, Economics).
  • 2+ years of professional trading or modeling experience in fast moving competitive environments such as market making, options/derivatives, prop trading, or sports betting trading
  • Experience integrating data and models into production
  • Strong grasp of trading concepts, with the ability to think critically about uncertainty and model assumptions
  • Python proficiency, including strong experience with data manipulation, statistical analysis, and automation.
  • Passion for and strong understanding of sports and event-driven markets
  • Flexibility with working hours to align with global sporting schedules.

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.

For information about our benefits, please visit https://benefitsatfanatics.com/

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

$150,000-$150,000 USD

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About Fanatics

Fanatics is a leading retailer of licensed sports merchandise. The company was founded in 1995 and has grown to become the largest online retailer of officially licensed sports merchandise in the world. Fanatics offers a wide range of products, including jerseys, hats, and other apparel, as well as collectibles and memorabilia. The company has partnerships with all major sports leagues and teams, as well as with individual athletes. Fanatics is committed to providing a seamless shopping experience for its customers and has invested heavily in technology and logistics to ensure fast and reliable delivery.
Learn more about Fanatics
Size
5,000 employees
Industry
Founded
1995

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