Trader I

Posted 5 Days Ago
Be an Early Applicant
Denver, CO, USA
In-Office
35-35 Annually
Entry level
eCommerce • Retail • Software • Sports
Tech-First Sports Licensed E-Commerce Cutting-Edge Company
The Role
Supports the in-play sportsbook trading team by overseeing trader issues, analyzing data, interpreting probabilities, monitoring live odds and market efficiency, testing sportsbook features and trading models, and contributing to automation and AI initiatives. The role collaborates with Commercial, Marketing, Quants, Product, Engineering, Sports, and Operations teams to improve customer-focused betting strategies and experiences. Flexible evening, weekend, and holiday availability is required, along with full-time office work in Denver.
Summary Generated by Built In
About Us
Fanatics is building a leading global digital sports platform. We ignite the passions of global sports fans and maximize the presence and reach for our hundreds of sports partners globally by offering products and services across Fanatics Commerce, Fanatics Collectibles, and Fanatics Betting & Gaming, allowing sports fans to Buy, Collect, and Bet. Through the Fanatics platform, sports fans can buy licensed fan gear, jerseys, lifestyle and streetwear products, headwear, and hardgoods; collect physical and digital trading cards, sports memorabilia, and other digital assets; and bet as the company builds its Sportsbook and iGaming platform. Fanatics has an established database of over 100 million global sports fans; a global partner network with approximately 900 sports properties, including major national and international professional sports leagues, players associations, teams, colleges, college conferences and retail partners, 2,500 athletes and celebrities, and 200 exclusive athletes; and over 2,000 retail locations, including its Lids retail stores. Our more than 22,000 employees are committed to relentlessly enhancing the fan experience and delighting sports fans globally. 

About the Team

Launched in 2021, Fanatics Betting and Gaming is the online and retail sports betting subsidiary of Fanatics, a global digital sports platform. The Fanatics Sportsbook is available to 95% of the addressable online sports bettor market in the U.S. Fanatics Casino is currently available online in Michigan, New Jersey, Pennsylvania and West Virginia. Fanatics Betting and Gaming operates twenty-two retail sports betting locations, including the only sportsbook inside an NFL stadium at Northwest Stadium. Fanatics Betting and Gaming is headquartered in New York with offices in Denver, Leeds and Dublin.

Overview:

As a Trader I on the International Sports Risk team at Fanatics Betting & Gaming (FBG), you are here to help us create an entertaining betting proposition that appeals to Fanatics customers.
Reporting into a Trader II , you will be an important team player and a key member of the International Sports Risk team with tasks including data analysis, building AI tooling, investigating persistent issues, and live risk monitoring. Whatever your background, keeping the customer and colleague experience at the heart of everything you do is vital to succeed in this role.

Responsibilities:

• Oversee live risk for International Sports
• Contribute to testing new sportsbook features and trading models, while providing feedback and collaborating with the wider team.
• Contribute to continuous improvement across the Trading department by assisting with automation/AI and identifying areas for advancement.
• Support and collaborate with other General Sports Traders & Risk Traders within the Trading department, sharing knowledge and contributing to their development.
• Work closely with Quants, Product, Engineering, Sports and Operations teams to create and implement a best-in-class, intuitive, and scalable betting experience for our customers - driven by data, user research, and competitor analysis.
• Ensure that Fanatics are putting the customer at the heart of our Trading strategies.
• Leveraging strong sports/math knowledge to implement strategies to improve in-play risk KPIs.

Qualifications:

  • Bachelor’s degree (or equivalent), or currently pursuing one.
  • A real passion for sport, and an inherent understanding of what sports fans want to be entertained.
  • Ability to understand and interpret data, translating that data into probabilities.
  • Strong understanding of live odds movement, market efficiency, and expected value. 
  • Preference to work in an entrepreneurial, hyper-growth environment where decisions are made quickly.
  • Team-first mentality, with a willingness to do what it takes to get the job done and effectively work cross-functionally across different teams at FBG and the larger Fanatics organization.
  • Willingness to ask questions, learn, and solve problems independently.
  • A flexible work schedule will be required, including some evenings, weekends, and occasional holidays.
  • This role is based in our Denver, USA office and requires you to be in office 5 days a week.
  • If you possess some of these skills but not all of them, we still encourage you to apply!

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
$35$35 USD

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Skills Required

  • Bachelor's degree or equivalent, or currently pursuing a bachelor's degree
  • Passion for sports and understanding of sports fan entertainment preferences
  • Ability to understand and interpret data and translate it into probabilities
  • Strong understanding of live odds movement, market efficiency, and expected value
  • Preference for working in an entrepreneurial, hyper-growth environment
  • Team-first mentality and willingness to collaborate cross-functionally
  • Ability to ask questions, learn, and solve problems independently
  • Flexible availability for evenings, weekends, and occasional holidays
  • Ability to work in the Denver office five days per week

Fanatics Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fanatics and has not been reviewed or approved by Fanatics.

  • Strong & Reliable Incentives Incentives like annual bonuses and overtime opportunities are common, supporting higher total compensation especially in corporate roles. Seasonal premiums and performance bonuses are also cited across roles.
  • Healthcare Strength Multiple medical plan options, mental-health services, and wellness programs are highlighted as core offerings. Additional supports like HSAs/FSAs and condition management further strengthen the health package.
  • Parental & Family Support Paid maternity and paternity leave, fertility benefits, adoption assistance, and gender-affirmation coverage are explicitly included. Childcare support and backup care resources are also referenced.

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The Company
HQ: New York, NY
7,500 Employees
Year Founded: 1995

What We Do

Transforming the licensed sports industry through an innovative vertical e-commerce model that allows Fanatics to quickly design, manufacture and distribute high-quality fan gear across retail channels, better serving the real-time expectations of leagues, teams, fans and retailers in today’s mobile-first, on-demand culture.

Why Work With Us

You don't have to love sports to work here (though we love sports fanatics as well!). Fanatics is an industry leading, multi-billion dollar, international, privately held company with a casual, lofty space in the heart of Downtown Boulder. We have the advantages of a startup, without the pitfalls.

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