Risk and Trading Agent

Company Description

We are a leading I-gaming and Sportsbook operator based in Cape Town, dedicated to providing a top-tier, world-class betting experience. Our commitment to innovation, customer service, and quality has made us a go-to destination for gaming enthusiasts. As part of our growth, we’re seeking a passionate  Risk and Trading Agent to join our dynamic, fast-paced team. If you thrive in an environment where creativity meets strategy and want to play a key role in our success story, this opportunity could be a perfect fit.

Job Description

The Role: Risk and Trading Agent 

Department: Trading & Product / Risk & Compliance  

This is an exciting opportunity to work across two dynamic departments—Trading & Product and Risk & Compliance. As a Risk and Trading Agent, you will play a critical role in monitoring betting activities, managing risk exposure, and ensuring fair trading practices. You will be responsible for identifying, investigating, and reporting suspicious betting patterns, exploitative sports and casino play, syndicate activity, bonus abuse, and AML/FIC compliance. The role requires strong analytical skills, attention to detail, an understanding and experience in iGaming and risk management techniques. Your daily tasks will range from performing Risk and Compliance duties to Trading responsibilities, ensuring the company operates within regulatory frameworks while optimizing risk management strategies.

Key Responsibilities:

Ensure full compliance with the National Gambling Act, Financial Intelligence Centre Act (FICA), and other relevant regulations.

Maintain up-to-date knowledge of company policies, procedures, and regulatory requirements.

Review accounts to verify customer legitimacy, including identity verification and betting legitimacy.

Audit user accounts and analyse betting patterns to detect suspicious or unusual activity, anomalies and prohibited activity such as bonus abuse, multi-accounting, identity theft, money laundering, and account manipulation or fraudulent behavior.

Conduct transactional monitoring by reviewing account histories, deposit/withdrawal patterns, and betting activity to ensure compliance with company policies.

Review and report on all alerts from Risk Management Software.

Develop and implement risk mitigation strategies to minimize exposure and maximize profitability.

Monitor competitor pricing and market movements to maintain a competitive edge.

Generate daily, weekly, and monthly reports on trading activity, risk exposure, and profitability. Monitor high-value customers and apply tailored risk management strategies as needed.

Stay updated on industry trends, market shifts, and emerging technologies.

Assist Marketing and Retention teams with VIP services and bonusing.

Liaise with the MTS and relevant software providers.

Investigate escalations from Customer Support and Payments team, tracking and reporting findings.

Review and investigate Patron disputes and complaints, and report accordingly.

Provide administrative support, including maintaining records, statistical reports, policies, and procedures.

Qualifications

Essential Requirements:

Matric / Grade 12 (A relevant tertiary qualification would be advantageous)

Minimum of 3 years’ experience in an iGaming/Sports betting environment.

Strong risk analysis experience and organizational and multitasking abilities.

Knowledge of the South African regulatory framework.

Understanding of bookmaking theory, casino products, and sports betting.

Additional Information

We offer competitive packages, a great work environment and a promise that you won’t be bored if you are prepared for a challenge and want to build something great.

If you're ready to take on a challenging yet rewarding role and contribute to building something exceptional, this is the perfect opportunity for you!

Please note that this position requires shift work, including weekends and public holidays.