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Risk & Trading Team Lead, Basketball

Philadelphia, Pennsylvania

PENN Entertainment, Inc. is North America’s leading provider of integrated entertainment, sports content, and casino gaming experiences. From casinos and racetracks to online gaming, sports betting and entertainment content, we deliver the experiences people want, how and where they want them.

We’re always on the lookout for those who are passionate about creating and delivering cutting-edge online gaming and sports media products. Whether it’s through ESPN BET, Hollywood Casino, theScore Bet Sportsbook & Casino, or theScore media app, we’re excited to push the boundaries of what’s possible. These state-of-the-art platforms are powered by proprietary in-house technology, a key component of PENN’s omnichannel gaming and entertainment strategy.

When you join PENN Entertainment’s digital team, you’ll not only work on these cutting-edge platforms through theScore and PENN Interactive, but you’ll also be part of a company that truly cares about your career growth. We’re committed to supporting you as you expand your skills and explore new opportunities.

With locations throughout North America, you can build a future at PENN Entertainment wherever you are. If you want to challenge conventions in gaming, media and entertainment, we want to talk to you.

About the Role & Team

The Risk and Trading Team is responsible for all Sports Betting products, prices, risk management, and Promotions 24/7 at a fast-paced North American facing operator. You will be part of the team looking after the above duties as the global sports calendar requires. We are currently looking for a highly motivated and qualified team member for the position of Basketball Team Lead. Reporting to the Head of Basketball This role requires a highly professional, organized, and enthusiastic individual who is data-driven, is obsessed with basketball and basketball betting, and willing to push the boundaries to continuously improve the product.

About the Work

  • Basketball P/L responsibilities in conjunction with the Head of Basketball including management of the pre-match and live product. 
  • Lead and drive a team of basketball traders fostering a culture of collaboration, growth, and accountability.
  • Act as a mentor to individual team members, providing guidance on both personal and professional development.
  • Assist in the design and implementation of development plans to help team members reach their potential.
  • Identify skill gaps and provide necessary resources or training to address these gaps.
  • Acclimatization of new members into the team, ensuring seamless onboarding and alignment with team objectives.
  • Monitor performance metrics to track the effectiveness of training initiatives and development programs.
  • Monitoring market liabilities and managing customer risk profiles across all digital channels
  • Ensure all markets are set up with the correct market limits and correctly reviewed as seasons ebb and flow.
  • Ensure desired tournaments are covered and offers are consistently reviewed, optimized and updated.
  • Work with analytics teams to investigate market trends to obtain insight that assists in the prediction of customer betting patterns, and improve GGR and NGR.
  • Assist in driving the basketball product strategy and roadmap Investigate and propose ways to work more efficiently and implement new ideas.
  • Bring and enforce a strong understanding of adherence to your compliance responsibilities.
  • Other duties as required.

About You 

  • Minimum 5-years’ experience in a trading environment required.
  • Proven experience in a leadership role, with a focus on personnel development and mentoring.
  • Strong analytical and problem-solving ability.
  • Extensive understanding of basketball fundamentals, team dynamics, and trading principles.
  • Excellent communication and interpersonal skills with the ability to inspire and motivate individuals.
  • Data-driven and excellent mathematical skills.
  • Flexibility is a must as working hours will be dictated by business needs.
  • Must be able to work flexible schedules including nights, weekends, and public holidays.
  • Ability to work in fast-paced environment and make decisions quickly.
  • High attention to detail and precision in delivery.
  • Ability to learn quickly, work independently and in a team setting.
  • Strong initiative and outstanding work ethic.

What We Offer

  • Competitive compensation package.
  • Comprehensive Benefits package.
  • Fun, relaxed work environment.
  • Education and conference reimbursements.

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Recently being recognized as a top workplace in the United States, we believe people work their best when they can be themselves. We are looking for hungry, innovative thinkers to help us challenge the status quo of the gaming industry.  Diversity, equity, and inclusion are vital to all of our processes, programs, and structures. Your story, who you are, and your experience matter here.

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