Associate, Market Operations

Posted 5hrs ago

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Job Description

Associate, Market Operations ensuring integrity of DraftKings’ prediction markets. Manage market activities, provide operational support, and conduct surveillance in a dynamic regulatory context.

Responsibilities:

  • Manage market activity including market creation, market configuration, coordinate launch timing and conduct settlement procedures.
  • Provide operation support to Exchange Members on connectivity, market metadata, and market resolution.
  • Conduct real-time market surveillance coverage to identify anomalies and escalate trade practice violations.
  • Monitor market activity to track KPIs and produce reports for internal analytics.
  • Collaborate with the engineering and market structures team on operational requirements for new features and launches.
  • Manage the relationship with the Exchange’s Clearinghouse partner to ensure timely and accurate funding for Exchange Member accounts.
  • Working with ecosystem partners to ensure that markets are operating smoothly with sufficient liquidity.

Requirements:

  • Exceptional written and verbal communication skills
  • Understanding of market structure including order book, matching engine, market states, trading dynamics, and market ecosystems
  • High attention to detail and a bias for action when resolving time-sensitive issues
  • Enthusiasm for prediction markets, sports trading, or financial markets
  • Flexibility to provide shift coverage as needed for real-time market surveillance
  • Experience in a trading role is a plus but not required.

Benefits:

  • Bonus
  • Equity
  • Health insurance
  • Flexible work arrangements