Risk Analyst at Oddin in Prague, Prague, Czechia

Profile Summary

The Risk Analyst is the financial guardian of the platform, controlling betting flow, market exposure, and financial risks. They constantly monitor live and pre-match offerings in the Setting Platform, detect suspicious patterns of player behavior, manage limits, and respond quickly to anomalies to prevent losses.

The Risk Manager can simultaneously monitor dozens of matches and markets, analyze betting and liability data, make decisions to adjust limits or stop markets, and collaborate with analysts and management on strategic risk management decisions.

TL;DR: I monitor bets, exposure, and the financial safety of the platform, prevent losses, and ensure market stability.

Core Responsibilities

• Risk Monitoring: Continuously monitor betting flow, liabilities, and market exposure to detect unusual patterns or potential losses.
• Limit Management: Set and adjust limits at the player, match, and market level to control financial risk.
• Financial Balance Control: Prevent market imbalances and excessive exposure on specific outcomes.
• Incident Response: Act immediately in case of spikes in liability, suspicious player behavior, or system anomalies.
• Reporting & Analytics: Analyze risk metrics and generate reports to optimize risk management strategies.

Daily Workflow

1. Betting Flow Monitoring (Daily Flow)

The Risk Manager works in the Setting Platform and monitoring tools (ticket stream), where they:

• Track the betting flow in real-time
• Monitor liabilities across matches and markets
• Analyze stake distribution and unusual patterns
• Respond immediately to anomalies and suspicious player behavior

The main goal is to identify potential threats in time.

2. Limit and Exposure Management

If exposure exceeds safe thresholds, the Risk Manager:

• Reduces limits
• Closes markets or specific outcomes
• Restricts certain players
• Escalates the issue to Operational Trader or management if necessary

The goal is to protect margins and prevent financial imbalance.

3. Incident Response

Upon detecting an anomaly, the Risk Manager acts immediately:

• Stops the affected market
• Checks the accuracy of odds and settlements
• Analyzes player behavior
• Performs manual corrections if necessary

Any delay can result in financial loss.

4. Analytics and Optimization

At the end of the day or reporting period, the Risk Manager analyzes:

• The riskiest events and markets
• Sources of high exposure
• Behavior of “sharp” or suspicious players
• Effectiveness of set limits

These insights are used to improve future risk management strategies.