Junior Trader – Sunbet (Sandton) needed at Sun International

Job Purpose: 

• To improve efficiency of the department and help reduce betting risks by providing administrative support, trading assistance and executing instructions from the Senior Trader.

Requirements

Education: 

• Matric with at least a C standard grade pass in maths (essential).
• Degree in Sports / Business / Finance or equivalent (plus)

Experience:

• Trading experience (plus)

Skills and Knowledge:

• Understanding of a variety of sports
• Aptitude for numbers
• Attention to detail
• Team player
• Analytical skills
• Judgement
• Compile instructions.

Key Performance areas:

• Monitor and respond to general support queries from Telebet Operators;
• Escalate complex queries to Senior Trader;
• Set up general sports events instructed by Senior Trader;
• Monitor and enter results of sports games into Turfsport.
• Understand sports  risk policies in order to alert Senior Trader should there be too much exposure on a market;
• Take instructions (e.g. move price & quote or close market) from Senior Trader in order to reduce potential high exposure on a particular market;
• Occasionally make independent decisions to counter suspicious betting behaviour (e.g. temporary close of market) and then take advice from Senior Trader on way forward;
• Monitor over-exposed markets and follow instructions from Senior Trader on how to adjust and re-open them.
• Monitor and compare feed markets and prices with international market and prices in order to ensure the feed updates on time and illegitimate betting behaviour is countered;
• Monitor Bet Radar System to ensure no technical problems occur (e.g. feed not updating   and stoppages)