Head of Bookmaking Risk
LeoVegas View all jobs
- Sliema, Malta Island
- Permanent
- Full-time
- 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.
- 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
- 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.
- 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.