ABOUT THE ROLE
As the Head of Bookmaking Risk, you are the strategic guardian responsible for safeguarding the profitability and risk management of our sportsbook.
Leading the comprehensive oversight of our bookmaking risk portfolio, your purview will encompass everything from liability management to customer profiling. You will ensure that every strategic decision and operational adjustment is grounded in robust quantitative analysis and meticulously aligned with the company’s objectives for sustainable growth and market leadership.
By leading and mentoring a high-performing team of risk analysts, you will champion a culture of rigorous analytical excellence and proactive risk management. Ultimately, you will transform complex risk data into actionable insights and robust strategies that protect our margins, enhance operational efficiency, and secure the long-term resilience and profitability of our sportsbook.
YOU WILL BE RESPONSIBLE FOR:
- Risk Strategy & Roadmap Development: Develop and champion a comprehensive, forward-looking risk strategy and roadmap that aligns with overarching business goals, anticipates market dynamics, and addresses emerging regulatory landscapes.
- Operational Risk Management: Oversee the end-to-end management of critical risk functions, including:
- Player & Event Limit Management: Strategically define and adjust player and event-level betting limits to optimize profitability, manage exposure, and enhance customer experience.
- Fraud & Integrity Protection: Design, implement, and continuously refine advanced systems and methodologies for detecting and preventing suspicious betting patterns, collusion, and account misuse to safeguard integrity.
- Liability & Exposure Control: Proactively monitor global sportsbook exposure, executing sophisticated hedging strategies and implementing robust controls to protect financial performance and manage liability.
- Analytics & Reporting: Define, track, and report on key risk performance indicators (KPIs), providing actionable insights and data-driven performance updates to senior leadership and relevant stakeholders.
- Project Leadership & Execution: Lead the successful delivery of high-impact, cross-functional projects aimed at enhancing risk management capabilities, tools, and infrastructure across the sportsbook.
- Team Leadership & Development: Recruit, lead, develop, and mentor a high-performing team of risk professionals, fostering a culture of analytical excellence, ethical practice, and continuous improvement.
- Process & System Optimization: Drive continuous optimization of risk management procedures, tools, and workflows, acting as a key stakeholder in the strategic evolution of our in-house customer rating model and other core risk systems.
- Global Collaboration & Best Practices: Foster strong global collaboration with sportsbook teams across various locations (e.g., Colombia, Málaga) to ensure alignment on risk strategy, processes, and the adoption of best practices.
OUR SUCCESSFUL CANDIDATE WILL HAVE THE FOLLOWING:
Essential Skills (Must-Have):
- Experience: Minimum 5 years of progressive experience in sports betting risk management or trading, with at least 3 years in a leadership or senior management role.
- Domain Expertise: Profound understanding of sports betting markets, trading operations, pricing strategies, and operational dynamics across various sports.
- Analytical Acumen: Expert-level proficiency in data analysis, statistical modeling, and quantitative risk assessment. Demonstrable experience with SQL, Python/R, or similar data manipulation and analytical tools.
- Risk Management Frameworks: Deep expertise in developing and implementing comprehensive risk management frameworks, including liability management, limit setting methodologies, and fraud detection strategies.
- Leadership & Mentorship: Proven ability to lead, mentor, and develop high-performing analytical and risk teams, fostering a culture of excellence and continuous improvement.
- Strategic & Critical Thinking: Exceptional strategic thinking and problem-solving skills, with the ability to translate complex data and market trends into actionable business strategies and risk mitigation plans
Nice-to-Have Skills:
- Advanced Education: Master's degree or PhD in a quantitative discipline.
- Advanced Analytics: Experience with machine learning techniques and AI applications for risk prediction, fraud detection, and customer segmentation.
- Project Management: Certifications in project management (e.g., PMP) or risk management.
WHO WE ARE
At the core of LeoVegas Group is Team Leo. Our culture is our foundation and is what enables us to innovate, build, and lead as we trailblaze our way through the igaming industry. We’re a team of over 2000 innovators, initiators, and groundbreakers working in a fast-paced and agile environment across 19 offices worldwide.
BENEFITS
- Hybrid work policy
- 4 weeks of Workation (T&C apply)
- Well-being allowance to support your active lifestyle
- Private health insurance
- Discounts across a range of retailers, gyms, bars & restaurants
- We offer an employee assistance program that can provide help and guidance during challenging moments.
JOIN US!
In our pride, we empower our teammates to find their roar and run with their wildest ideas. We don’t wait for things to happen; we pounce and make it happen!
Would you be a good fit for the Leo Pride - give us a roar!
