Job Details
About Mojo
At Mojo, we're making the most comprehensive and differentiated prediction markets in sports-from the next play to an entire career-to transform the sports betting, fantasy, gaming and collectible industries. To do it, we're developing the most sophisticated technology, with the best team, across data science, financial market making, risk management and engineering.
Be prepared (and excited!) to wear multiple hats and learn new things as we all work together to design, build, and launch a product that will change the industry.
About the Role:
As a Trader, you will use a combination of sports knowledge, statistics, judgment and wits to help make a market. You will be assisted by trading algos, data scientists, risk quants and engineers in helping set and adjust prices, spreads, and other trading parameters.
The trader's role will borrow from principles used in traditional financial markets, set against the backdrop of professional sports and traditional sports betting and fantasy.
This role is a contractor role with an expected salary of $20-$30/hour.
Responsibilities:
- Engage in price setting and price discovery by watching live sports, sports news, and market activity
- Follow roster, injury, contract and strategy news closely to aid in price setting process
- Provide virtually continuous feedback to data science teams on the quality of models, prices and assumptions
- Monitor the trading algo's executions, positions along with risk quants
- Adjust system parameters based on market conditions.
- Communicate relevant news, market events, and system behavior to team members.
About You: - Deep knowledge of sports, in particular major American sports
- Professional or quasi-professional fantasy sports, or betting experience a significant plus
- Professional trading experience a significant plus, especially in derivatives markets
- Creative and flexible thinker. Open-minded and willing to adjust course.
- Excellent statistical reasoning ability
- Excellent communication skills
- Ability to use sound judgment under pressure
- Passionate problem solver and hunger to do what's needed to find solutions whether that be trading, analyzing data or collaboration
- Comfortable with open-ended problems and working without a perfectly defined script - comfortable helping write the script