Prediction Markets & Risk Operations Lead
Department
Trading & Risk Operations
Experience
5+ Years Relevant Experience
Work Mode
Remote / Hybrid
Location
Open (preference for overlap with IST)
Employment
Full-Time/Consultant
Compliance
CFTC Knowledge is an added advantage
About the Role
We are building one of the most sophisticated real-money prediction market As our Prediction Markets & Risk Operations Lead, you will be the subject matter expert sitting at the intersection of trading, risk surveillance, and operations — responsible for the health, integrity, and efficiency of our internal liquidity engine and prediction market infrastructure.
This is a high-ownership role. You will set trading guidelines, own risk frameworks, manage the operations team, and serve as the primary interface between our platform mechanics and senior stakeholders. If you have thrived under the pressure of high-volume markets and understand how prediction markets can break, this role was designed for you.
Key Responsibilities
Trade Desk & Market Operations
- Operate and monitor the trade desk for prediction market activity across all product verticals
- Manage order flow, position sizing, and exposure in real time on a high-volume platform
- Design and enforce trading guidelines for the operations team covering entry, exit, limits, and escalation protocols
- Act as the first line of defence when market anomalies, unusual position builds, or liquidity dislocations occur
Risk Surveillance
- Identify and mitigate surveillance risks: market manipulation, wash trading, collusion, and outlier position accumulation
- Define risk thresholds, alert triggers, and escalation workflows; review and tune them regularly as volume scales
- Conduct post-event reviews of large P&L swings, settlement disputes, or anomalous market outcomes
- Provide subject-matter input on spread logic, and liquidity depth parameters
Team & Operations Management
- Lead, mentor, and performance-manage a cross-functional operations team handling trade support, monitoring, and settlements
- Build SOPs, playbooks, and runbooks for day-to-day operations; ensure the team can execute without single points of failure
- Coordinate between product, engineering, and finance to operationalise new markets and features without disrupting live activity
Stakeholder Engagement & Compliance
- Present risk reports, market health summaries, and incident reviews to senior leadership and external stakeholders
- Translate complex market mechanics into clear narratives for non-technical audiences
- Support compliance posture with working knowledge of prediction market regulations; CFTC familiarity is a strong plus
- Flag regulatory, operational, or reputational risks early and propose mitigation strategies
What We're Looking For
Must-Have
- 5+ years of hands-on experience at a trade desk, prediction market platform, sports book, exchange, or fintech with high transaction volumes
- Deep understanding of how prediction markets work — market creation, pricing, settlement, edge cases, and failure modes
- Demonstrated ability to identify and respond to risk: surveillance flags, position limits, hedging gaps, and liquidity stress
- Experience managing or coordinating an operations team in a fast-paced, always-on environment
- Composure under pressure — you have been tested by live incidents and come out with solutions, not excuses
- Strong written and verbal communication; you can run a stakeholder briefing as confidently as you can analyse a market anomaly
Nice-to-Have
- Familiarity with CFTC regulations, DCO/DCM frameworks, or equivalent prediction market compliance regimes
- Experience working with or alongside a data/analytics function; SQL or BI tool comfort is a plus
- Background in real-money gaming, fantasy sports, crypto derivatives, or emerging market fintech
