Head of Bookmaking Risk in Leeds

Head of Bookmaking Risk in Leeds

Leeds Full-Time 70000 - 90000 ÂŁ / year (est.) No home office possible
LeoVegas Group

At a Glance

  • Tasks: Lead risk management for our sportsbook, ensuring profitability and strategic decision-making.
  • Company: Join a dynamic sports betting company with a focus on innovation and teamwork.
  • Benefits: Enjoy hybrid working, generous leave, healthcare, and a wellbeing allowance.
  • Other info: Collaborate globally and enjoy a vibrant workplace culture with fun events.
  • Why this job: Make a real impact in the exciting world of sports betting risk management.
  • Qualifications: 5+ years in sports betting risk management, with strong analytical and leadership skills.

The predicted salary is between 70000 - 90000 ÂŁ per year.

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 modelling, 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.

    BENEFITS

    • Hybrid working – 3 days per week at the office, with flexibility for 2 days at home.
    • Workation – Take your job on an adventure with our Workation benefit for up to 4 weeks per year (T&Cs apply).
    • Plenty of time to recharge – 28 days of paid leave, plus all public and bank holidays in England.
    • Invest in your future – We match pension contributions up to 6%.
    • Comprehensive healthcare – BUPA coverage, including pre‑existing conditions, plus a cashback plan for dental, optical, and other treatments.
    • Wellbeing allowance – ÂŁ250 annual allowance for you to invest in your health and wellbeing (T&Cs apply).
    • A great workplace experience – Talented colleagues, complimentary snacks and drinks, as well as breakfasts and lunches on a weekly basis.
    • A social culture you’ll love – Regular opportunities to attend sporting events throughout the year, plus a quarterly team budget for even more fun.
    • Support for growing families – Up to 6 months of full pay for maternity leave.
    • Stay active & save money – Cycle‑to‑work scheme and gym discounts to keep you moving.
    • Work in style – at our newly renovated offices at Tailors Corner are just a 2‑minute walk from Leeds Train Station.
    • And there’s more… – We’ll share even more perks related to your role when you chat with our Talent Acquisition team!

    Head of Bookmaking Risk in Leeds employer: LeoVegas Group

    As the Head of Bookmaking Risk, you will thrive in a dynamic and supportive environment that champions analytical excellence and proactive risk management. Our hybrid working model, generous leave policy, and comprehensive healthcare benefits reflect our commitment to employee wellbeing and work-life balance. With opportunities for professional growth and a vibrant social culture, including regular sporting events and team activities, you'll find a rewarding career path in our newly renovated offices just steps from Leeds Train Station.
    LeoVegas Group

    Contact Detail:

    LeoVegas Group Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Head of Bookmaking Risk in Leeds

    ✨Tip Number 1

    Network like a pro! Get out there and connect with industry folks on LinkedIn or at events. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by diving deep into the company’s risk management strategies. Show us you understand our approach to liability management and customer profiling, and how you can contribute to our goals.

    ✨Tip Number 3

    Practice your analytical skills! Be ready to discuss how you’ve used data analysis and quantitative methods in past roles. We love candidates who can turn complex data into actionable insights.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

    We think you need these skills to ace Head of Bookmaking Risk in Leeds

    Risk Management
    Quantitative Analysis
    Data Analysis
    Statistical Modelling
    SQL
    Python/R
    Fraud Detection Strategies
    Leadership
    Mentorship
    Strategic Thinking
    Problem-Solving Skills
    Project Management
    Operational Risk Management
    Customer Profiling
    Market Dynamics Understanding

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Head of Bookmaking Risk role. Highlight your leadership experience and analytical skills, as these are key to what we’re looking for.

    Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re passionate about sports betting risk management. Share specific examples of how you've successfully managed risk in the past and how you can contribute to our team.

    Showcase Your Analytical Skills: Since this role requires strong analytical acumen, don’t shy away from including any relevant projects or tools you’ve used, like SQL or Python. We want to see how you’ve turned data into actionable insights!

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity at StudySmarter!

    How to prepare for a job interview at LeoVegas Group

    ✨Know Your Numbers

    As the Head of Bookmaking Risk, you'll need to demonstrate your analytical prowess. Brush up on key metrics related to risk management and be ready to discuss how you've used data analysis in past roles to drive decisions. Show them you can turn complex data into actionable insights!

    ✨Showcase Your Leadership Style

    You'll be leading a team of risk analysts, so it's crucial to convey your leadership approach. Prepare examples of how you've mentored teams in the past, fostered a culture of excellence, and tackled challenges. They want to see that you can inspire and develop talent.

    ✨Understand the Market Landscape

    Familiarise yourself with current trends in sports betting and risk management. Be prepared to discuss how you would adapt strategies to meet emerging regulatory changes and market dynamics. This shows you're not just reactive but proactive in your approach.

    ✨Prepare for Scenario Questions

    Expect to face scenario-based questions that test your problem-solving skills. Think about potential risks in a sportsbook environment and how you would address them. Practising these scenarios will help you articulate your thought process clearly during the interview.

    Head of Bookmaking Risk in Leeds
    LeoVegas Group
    Location: Leeds

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