Sportsbook Product & Trading Manager

SUMMARY:
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POSITION INFO:

Our client is looking for a sports enthusiast, self-driven and innovative individual to join our Sportsbook team as Sports Product & Trading Manager in Johannesburg. The incumbent will lead the alternative gaming strategy and business objectives, providing thought leadership and advice on sports betting product performance, revenue growth, operational governance and service standards, as well as building strategic relationships and partnerships with key stakeholders; and leading the integration of online sports betting projects into operations.

The Sportsbook Product & Trading Manager will be responsible for the measurement, development and management of sports betting products and tools, implementing new products and enhancing existing product offerings based on data analysis and market. This will include the analysis and interpretation of business intelligence tools and data, reporting on trends, piloting and testing of products and making recommendations to continuously improve sportsbook product innovation, and standards, and to deliver results.

Responsibilities and Duties:

• Supervise the trading team to ensure the efficient operation of live betting markets across various sports, including player profiling, overrounds, price boosts and manual markets.
• Work closely with our supplier to make sure our product offering is up to date, our sports content is optimised, all product features are performing and ensure localisation with our markets.
• Monitoring the Sportsbook budget and performance.
• Develop and implement risk management strategies to optimize trading margins and minimize financial risks.
• Analyze betting markets and odds to ensure competitiveness and profitability.
• Lead, manage, and mentor the trading team, fostering a collaborative environment.
• Formulate operational strategies for product operations and manage a portfolio of features with dependencies across multiple departments.
• Identify new opportunities for business growth and develop strategies to achieve financial gain for the company.
• Engage with internal and external stakeholders to enhance business operations and compliance.
• Contribute towards Sportsbook revenue growth in a highly-motivated product department.
• Together with the marketing departments, create sportsbook acquisition & retention campaigns and analyse performance.
• Plan and initiate a Sportsbook calendar based on sporting events and regional demand.
• Create, optimise and test sportsbook bonuses using our supplier bonus tools.
• Manage and optimise banners, widgets, and on-site content.
• Assist with Sportsbook educational training and workshops with other departments.
• Develop reporting & analysis methods/templates for the sportsbook operations and trading teams to understand product performance.
• Planning and coordinating the Sportsbook retention plan with the CRM team.
• Analyze market trends and customer behaviour to recommend product enhancements and innovations.
• Providing content and process coordination and supervision of all operational activities within the sportsbook division, including financial and administrative workflows.
• Planning and implementing the Sportsbook Roadmap/Life Cycle, such as Product/Game releases.
• Supporting compliance strategy, policy, and framework by actively working on a safe, secure, and responsible entertainment offering.

Qualifications:

• University-level education or equivalent

Requirements:

• Minimum of 5 years of relevant work experience in iGaming Sportsbook, and digital entertainment.
• Proven experience in sportsbook trading or a similar role.
• Strong analytical skills and experience with betting markets.
• Experience in Sports products, campaigns and betting is a must.
• Knowledge of regulatory requirements is crucial for this role.
• Experience with online casino product offerings and the evaluation of their effectiveness in the market.
• Excellent analytical and problem-solving skills.
• Proficient in MS Office and payment processing software.
• Experience in managing a team.