---
title: 'Algorithmic Trading Senior Manager at FanDuel'
canonical: 'https://feeny.ai/job/algorithmic-trading-senior-manager-fanduel-jersey-city-bh3ry7vh7bgh'
type: 'job'
last_seen: '2026-09-16'
---

# Algorithmic Trading Senior Manager at FanDuel

- **Company:** FanDuel
- **Location:** Jersey City, NJ
- **Posted:** 2026-04-16
- **Last confirmed live:** 2026-09-16
- **Apply:** https://www.fanduel.careers/open-positions?gh_jid=7822127

## Job description

## THE POSITION

Our roster has an opening with your name on it

FanDuel is seeking an Algorithmic Trading Manager to assist in the build of our algorithmic trading team that will leverage our world-class sports pricing algorithms . Reporting to the Market Making Senior Director of Quants & Algorithmic Trading, this leader will be instrumental in building a team to operate and evolve sophisticated automated trading systems that optimize our ongoing positions within the market. This role will work at the intersection of sports betting, quantitative modeling, and real-time trading to ensure we optimize for expected revenue and capital allocation.

This role will be involved with the development and performance of our algorithmic market-making trading strategies, collaborating closely with quants, product and engineering, and commercial teams. The work will directly impact millions of dollars in daily trading volume and ensuring that we are consistently staying within the bounds of our overall Risk parameters.

In addition to the specific responsibilities outlined above, employees may be required to perform other such duties as assigned by the Company. This ensures operational flexibility and allows the Company to meet evolving business needs.

## THE GAME PLAN

Everyone on our team has a part to play

Core Trading Responsibilities

- Design and deploy automated market-making algorithms for sports betting markets, optimizing for expected revenue, capital efficiency, and risk management
- Manage day-to-day operations and execution of the algorithmic trading team that ensures 24/7 coverage and optimization
- Build and maintain statistical forecasting models for sports outcomes, incorporating real-time data feeds, line movements, and market signals
- Manage order flow and position risk across thousands of simultaneous markets, including combo markets ensuring +EV positions while maintaining appropriate risk exposure
- Aggregate and synthesize pricing data from multiple sources including APIs, web scraping, and third-party providers to inform trading decisions
- Collaborate with engineering teams to improve trading infrastructure, UIs, reduce latency, and enhance system reliability
- Monitor and optimize P&L and trading performance, building and communicating trading strategies prior to significant events and conducting post-mortems following the events.
- Develop and define risk optimization strategies to optimize capital utilization

## THE STATS

What we're looking for in our next teammate

Trading & Markets Experience

- 5+ years of quantitative or algorithmic trading experience, preferably in sports betting, prediction markets, derivatives, or market-making
- Demonstrated track record of positive P&L through systematic trading strategies
- Deep understanding of market microstructure, liquidity provision, and order book dynamics
- Experience with automated trading systems, including liquidity provision and position management
- Familiarity with trading APIs and programmatic order execution
- Strong programming ability in Python, C++, Java, Golang, or similar languages for production trading systems
- Experience building statistical models and applying machine learning techniques to forecasting problems
- Proficiency with data collection via APIs or web scraping
- Comfortable working with large datasets and performing rapid quantitative analysis
- Understanding of low-latency systems and performance optimization (preferred)

Domain Knowledge

- Deep knowledge of sports betting markets and experience trading on traditional bookmakers
- Understanding of sports statistics, handicapping, and predictive modeling for sports outcomes
- Familiarity with different bet types (spreads, totals, moneylines, props, parlays, etc.)
- Experience with poker, DFS, fantasy sports, or other skill-based competitive games involving game theory is a plus

## Key Attributes

- Bias toward action - you move quickly while maintaining attention to critical details
- Data-driven decision maker - you leverage analytics to drive strategy and measure success
- Collaborative - you work effectively across trading, engineering, and risk teams
- Resilient under pressure - you perform well in fast-paced, high-stakes environments
- Intellectually curious - you continuously seek to understand market dynamics and improve performance
- Ownership mindset - you take full responsibility for your strategies' performance and outcomes

## Team Management

- An energizing and emphatic leader that is passionate and effective at building and developing high performing teams.
- Expansive & strategic thinker with a strong track record of innovation & delivering growth.
- Proven ability to work effectively across functions and teams, fostering alignment and driving results in a collaborative environment.

## ABOUT FANDUEL

FanDuel Group is the premier mobile gaming company in the United States and Canada. FanDuel Group consists of a portfolio of leading brands across mobile wagering including: America’s #1 Sportsbook, FanDuel Sportsbook; its leading iGaming platform, FanDuel Casino; the industry’s unquestioned leader in horse racing and advance-deposit wagering, FanDuel Racing; and its daily fantasy sports product.

In addition, FanDuel Group operates FanDuel TV, its broadly distributed linear cable television network and FanDuel TV+, its leading direct-to-consumer OTT platform. FanDuel Group has a presence across all 50 states, Canada, and Puerto Rico.

The company is based in New York with US offices in Los Angeles, Atlanta, and Jersey City, as well as global offices in Canada and Scotland. The company’s affiliates have offices worldwide, including in Ireland, Portugal, Romania, and Australia.

FanDuel Group is a subsidiary of Flutter Entertainment, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and traded on the New York Stock Exchange (NYSE: FLUT).

## PLAYER BENEFITS

We treat our team right

We offer amazing benefits above and beyond the basics. We have an array of health plans to choose from (some as low as $0 per paycheck) that include programs for fertility and family planning, mental health support, and fitness benefits. We offer generous paid time off (PTO & sick leave), annual bonus and long-term incentive opportunities (based on performance), 401k with up to a 5% match, commuter benefits, pet insurance, and more - check out all our benefits here: [FanDuel Total Rewards](https://fanduelbenefits.com/). *Benefits differ across location, role, and level.

FanDuel is an equal opportunities employer and we believe, as one of our principles states, “We are One Team!”. As such, we are committed to equal employment opportunity regardless of race, color, ethnicity, ancestry, religion, creed, sex, national origin, sexual orientation, age, citizenship status, marital status, disability, gender identity, gender expression, veteran status, or any other characteristic protected by state, local or federal law. We believe FanDuel is strongest and best able to compete if all employees feel valued, respected, and included.

FanDuel is committed to providing reasonable accommodations for qualified individuals with disabilities. If you have a disability and need a workplace accommodation or adjustment during the application and hiring process, including support for the interview or onboarding process, please email Benefits@fanduel.com.

The applicable salary range for this position is $156,000 - $204,750 USD, which is dependent on a variety of factors including relevant experience, location, business needs and market demand. This role may offer the following benefits: medical, vision, and dental insurance; life insurance; disability insurance; a 401(k) matching program; among other employee benefits. This role may also be eligible for short-term or long-term incentive compensation, including, but not limited to, cash bonuses and stock program participation. This role includes paid personal time off and 14 paid company holidays. FanDuel offers paid sick time in accordance with all applicable state and federal laws.

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

#LI-Hybrid

## About FanDuel

## Company Overview
- **One-liner**: FanDuel is America’s #1 Sportsbook and premier mobile gaming company, offering a suite of sports betting, daily fantasy, online casino, and horse racing entertainment experiences.
- **Entity Type**: Private subsidiary of Flutter Entertainment (NYSE: FLUT), a publicly traded parent company
- **Headquarters**: New York, New York, USA
- **Founded**: 2009
- **Founders**: Nigel Eccles, Lesley Eccles, Chris Stafford, Rob Jones, Tom Griffiths

## Core Business
- Primary industry/industries: Online sports betting, daily fantasy sports, iGaming (online casino), horse racing, sports media/television
- Target customers: B2C — sports fans and gaming enthusiasts across North America
- Mission or purpose statement: To set the standard for responsible gaming while giving sports fans new ways to engage with the games they love and helping fans win every day.

## Products & Services
- **[FanDuel Sportsbook](https://www.fanduel.com/about)**: Online and mobile sports betting platform offering wagers on major sports leagues (NFL, NBA, MLB, NHL, etc.), live in-play betting, and Same Game Parlay (a first-of-its-kind product in the U.S.)
- **[FanDuel Fantasy](https://www.fanduel.com/about)**: Daily fantasy sports platform where users draft teams and compete for cash prizes across a wide range of sports
- **[FanDuel Casino](https://www.fanduel.com/about)**: Online casino platform offering slots, table games, and live dealer experiences, launched in New Jersey in July 2021
- **[FanDuel Racing](https://www.fanduel.com/about)**: Horse racing betting platform (formerly TVG), offering live odds, race replays, and wagering on tracks worldwide
- **[FanDuel TV](https://www.fanduel.com/about)**: Broadly distributed television network featuring original sports programming like “Up & Adams” and “Run It Back,” alongside live horse racing coverage
- **[FanDuel Predicts](https://www.fanduel.com/about)**: A predictive betting product (in partnership with CME Group) allowing customers to bet on financial indicators, cultural moments, and more
- **[FanDuel Faceoff](https://www.fanduel.com/about)**: Peer-to-peer fantasy product (formerly FanDuel Picks) launched in select states in September 2022

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed for FanDuel directly; parent company Flutter Entertainment has a market cap of approximately $45-50 billion (as of mid-2025)
- **Key Metric**: America’s #1 Sportsbook and iGaming brand by market share; nearly 4,000 employees
- **Notable Investors/Partners**: Flutter Entertainment (parent company, acquired FanDuel in July 2018); official sports betting partner of the NFL, NBA, MLB, and NHL; founding member of the Responsible Online Gaming Association (ROGA)
- **Growth Signals**: Explosive growth from 2013-2015 in daily fantasy; rapid expansion into sports betting post-2018 PASPA repeal; launched online casino in 2021; rebranded TVG network as FanDuel TV; expanded into Canada with offices in Calgary, Edmonton, and Toronto; continues to hire across the US, UK, and Canada

## Competitive Advantages
- **First-mover scale in daily fantasy**: Established brand trust and a massive user base before sports betting legalization
- **Market-leading position**: America’s #1 Sportsbook, giving it a dominant share in the most lucrative U.S. betting market
- **Integrated product ecosystem**: A single account gives users access to sportsbook, casino, fantasy, racing, and predictive betting — creating high switching costs and cross-sell opportunities
- **Flutter Entertainment backing**: Access to the resources, technology, and global expertise of the world’s largest sports betting and gaming operator
- **Official league partnerships**: Exclusive partnerships with the NFL, NBA, MLB, and NHL provide brand credibility and data access
- **Innovation track record**: Pioneered Same Game Parlay in the U.S.; first to market with many product features
- **Responsible gaming leadership**: Founding member of ROGA; industry-leading responsible gaming tools and customer protections

## Strategic Focus
- **Geographic expansion**: Continuing to enter new states as sports betting and iGaming are legalized, plus building presence in Canada
- **Product innovation**: Developing new betting formats (e.g., Predicts, Faceoff) and enhancing the mobile experience
- **Media integration**: Growing FanDuel TV as a content and brand-building platform to drive customer acquisition and engagement
- **Responsible gaming**: Deepening commitment to customer protection and industry-wide responsible gaming standards
- **Technology and platform scaling**: Building a fast, secure, and rock-solid platform in one of the most regulated markets in the world

## Why Work Here
- **Culture and principles**: FanDuel operates on a set of core principles including “One Team,” “Own the Outcome,” “Assume Positive Intent,” “Challenge Then Commit,” “Stay Humble Stay Hungry,” and “Win with Integrity” [fanduel.careers](https://www.fanduel.careers/fanduel-life/)
- **Work environment**: Hybrid and remote options available depending on role and location; offices in New York City (HQ), Atlanta, Jersey City, Los Angeles, Edinburgh (Scotland), Calgary, Edmonton, and Toronto
- **Benefits**: Competitive salaries, cash bonuses based on personal and company performance, stock awards, comprehensive healthcare, mental health resources, fitness perks, family planning support; UK employees have certified Mental Health Champions in-office
- **Employee Resource Groups (ERGs)**: Seven ERGs providing community, engagement, and professional development opportunities; monthly themed happy hours and social events (intramural sports, workout classes, line dancing)
- **Learning and development**: Strong emphasis on continuous learning, leadership development, and career growth
- **Engineering culture**: Teams work on cutting-edge tech in cybersecurity, data science, AI, cloud, platform engineering, and software engineering — in a highly regulated, high-stakes environment that demands innovation and reliability
- **Mission-driven work**: Employees are directly responsible for creating experiences that millions of fans trust and enjoy, with real money on the line — making customer focus and integrity paramount

## Sources
1. [FanDuel About Page](https://www.fanduel.com/about)
2. [FanDuel Our Story](https://www.fanduel.com/about/our-story)
3. [FanDuel Careers - FanDuel Life](https://www.fanduel.careers/fanduel-life/)
4. [FanDuel Careers - Home](https://www.fanduel.careers/)
5. [FanDuel Careers - Open Positions](https://www.fanduel.careers/open-positions/)

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