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This job expired on 03/10/2026. It no longer accepts applications.
Head of Sportsbook (Commercial & Risk Lead)
BettingJobs · Lagos
Job description
About the role
We are seeking a Head of Sportsbook to lead the commercial performance, risk management and product strategy of our rapidly growing sportsbook vertical in Lagos. Reporting to the executive team, you will own the P&L, shape the product roadmap and build a 24/7 trading and risk desk from the ground up.
Key responsibilities
- Own sportsbook GGR, margin, hold and turnover against board‑approved targets.
- Define pricing strategy, stake limits, exposure caps and bet‑acceptance rules for pre‑match and in‑play markets.
- Manage the relationship with the managed‑trading provider and decide the transition to in‑house trading.
- Hire, lead and scale the trading and risk team, establishing risk‑tiering, fraud detection and player‑profiling policies.
- Set the sportsbook product roadmap together with Product and Engineering (bet‑builder, cash‑out, live betting, esports, etc.).
- Ensure compliance with NLRC and any state‑level regulations, leading regulatory reporting and audits.
- Represent the sportsbook function at executive and board meetings and collaborate with Marketing, CRM and Community teams.
Required profile
- Proven experience running a sportsbook P&L or senior deputy role with full commercial responsibility.
- Strong understanding of sportsbook risk, pricing and liability management.
- Track record of building and scaling trading/risk teams and processes.
- Ability to make data‑driven decisions and influence senior stakeholders.
Required skills
- Sportsbook product and market knowledge (football, basketball, tennis, esports, etc.).
- Risk management and pricing strategy formulation.
- Leadership and team‑building capabilities.
- Regulatory compliance in betting industry.
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Lagos