Algorithmic Trading Senior Manager

fanduel.design

Jersey City, US
$156,000 - $204,750 usd; annual bonus + long-term ...
On-site
Design and deploy automated market-making algorithms
Manage day-to-day operations of trading team
Build statistical forecasting models for sports outcomes
FanDuel is looking for an Algorithmic Trading Senior Manager to lead their algorithmic trading team focused on sports betting markets. The role requires extensive experience in quantitative trading, algorithm development, and team management to optimize trading strategies and operations

Job Summary

  • FanDuel is seeking an Algorithmic Trading Manager to assist in the build of our algorithmic trading team that will leverage our world-class sports pricing algorithms.
  • This role will work at the intersection of sports betting, quantitative modeling, and real-time trading to ensure we optimize for expected revenue and capital allocation.
  • The work will directly impact millions of dollars in daily trading volume and ensuring that we are consistently staying within the bounds of our overall Risk parameters.

Matching Summary

Match Score: 85

FanDuel is looking for an Algorithmic Trading Senior Manager to lead their algorithmic trading team focused on sports betting markets. The role requires extensive experience in quantitative trading, algorithm development, and team management to optimize trading strategies and operations.

Salary

$156,000 - $204,750 USD; Annual bonus and long-term incentive opportunities; Medical, vision, and dental insurance, 401k with up to a 5% match, commuter benefits, pet insurance, and more

Skills & Requirements

Must-have

  • Design and deploy automated market-making algorithms
  • Manage day-to-day operations of trading team
  • Build statistical forecasting models for sports outcomes
  • Manage order flow and position risk
  • Aggregate and synthesize pricing data
  • Collaborate with engineering teams on trading infrastructure
  • Monitor and optimize P&L and trading performance
  • Develop risk optimization strategies

Nice-to-have

  • Experience with poker, DFS, or fantasy sports
  • Intellectually curious and data-driven
  • Resilient under pressure
  • Ownership mindset

Key Requirements

  • 5+ years of quantitative or algorithmic trading experience
  • Demonstrated track record of positive P&L
  • Deep understanding of market microstructure
  • Strong programming ability in Python, C++, Java, Golang
  • Experience building statistical models and machine learning
  • Proficiency with data collection via APIs or web scraping
  • Deep knowledge of sports betting markets
  • Experience with team management

Work Rights

Not specified

Tailored Resume

Cover Letter