Head of Prediction Markets Prop Trading in London

Head of Prediction Markets Prop Trading in London

London Full-Time 168750 - 206250 £ / year (est.) On-site
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At a Glance

  • Tasks: Lead a new prediction-market trading desk and manage your own trading book.
  • Company: Major sports betting and research firm with significant client flow.
  • Benefits: Strong compensation package, including bonuses and potential equity.
  • Other info: Passion for US sports is essential; excellent career growth opportunities await.
  • Why this job: Join a dynamic team and make an impact in the exciting world of sports trading.
  • Qualifications: Extensive market-making experience and a proven trading track record.

The predicted salary is between 168750 - 206250 £ per year.

A major sports betting and research firm with hundreds of millions of dollars in client flow is launching a prediction-market trading desk.

This position may also be located in New York.

We are seeking a highly accomplished trader and leader with extensive market-making experience to lead the business.

We expect an impressive individual with a high Sharpe trading track record and likely experience at firms such as SIG, Jump, DRW, Virtu, Jane, HRT, etc.

In addition to running your own trading book, you will own the recruitment and development of other traders and quants to the desk, and be responsible for the overall business P&L.

We expect you to have a genuine passion for US sports, as this will focus heavily on the NFL, NBA, MLB, NHL, college football and college basketball.

Direct sports trading is highly desirable; however, candidates may have developed their professional trading expertise in other asset classes, such as equities, derivatives, fixed income, foreign exchange, commodities, or digital assets, provided they can apply that experience to sports pricing, liquidity and risk management.

We can only consider senior candidates with an excellent trading track record and demonstrable experience building trading teams/pods.

Strong compensation available, including bonus buy-out, sign-on, guarantees, a high p&l formula and possible equity.

Head of Prediction Markets Prop Trading in London employer: Winston Fox

Winston Fox is an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration in the heart of London. Employees benefit from unparalleled growth opportunities in the rapidly evolving field of AI, alongside competitive compensation and a commitment to work-life balance. Join us to be at the forefront of technology, shaping impactful solutions for a leading hedge fund while enjoying the vibrant atmosphere of one of the world's financial capitals.

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Contact Details:

Winston Fox Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Head of Prediction Markets Prop Trading in London

✨Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

✨Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

✨Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

✨Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Winston Fox. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Head of Prediction Markets Prop Trading in London

Market-Making Experience
Trading Expertise
High Sharpe Trading Track Record
Team Leadership
Recruitment and Development of Traders
P&L Management
Passion for US Sports

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Winston Fox.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Winston Fox's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Winston Fox

✨Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Winston Fox.

✨Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

✨Show Your Passion for Finance

Since this is a full-time position, employers at Winston Fox will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

✨Network with Industry Professionals

Before your interview, reach out to current or former Winston Fox employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.