Market Making 2IC

Bet Right

MARKET MAKING: SECOND IN CHARGE

Run the room. Shape the Market,

ABOUT THE ROLE

This isn’t a passenger seat. As Market Making 2IC at Bet Right, you’ll be the engine behind our market making operation. You’re the person the Head of Market Making trusts to run the floor, call the shots and make the tough risk decisions when they matter most.

You’ll own the financial and operational performance of our sports market making function day-in, day-out. You’ll build and mentor a crew of Market Makers, set the standard for market quality, and help forge the culture that makes Bet Right’s markets the sharpest in the game.

PRIMARY FUNCTION

What you’ll own.

  • Step up as Head of Market Making when needed, with full accountability and no hesitation
  • Drive wagering strategy and market direction across the Bet Right group
  • Build a high-performance team of Market Makers who live and breathe the Bet Right mission
  • Coach, mentor and develop Market Makers and wagering graduates into the best version of themselves
  • Take hands-on ownership of risk across racing and sport, including real-time client-level decisions
  • Own and strengthen relationships with third-party data providers and regulatory bodies
  • Keep governance tight, with compliance, policies and procedures upheld across every corner of the floor
  • Step in on client advocacy and admin when it counts, because service standards never slip

KEY RESPONSIBILITIES

What a great day looks like.

  • Lock down the integrity and accuracy of all sports and racing market making systems: controls, staffing, financials
  • Dissect the previous day’s results, hunt down anomalies and suspicious activity, and act fast
  • Build sharp, commercially competitive markets across all sports and benchmark them against the best
  • Keep the client watch list and Risk Management System spotless, every profile current, every condition noted
  • Make decisive, real-time bet confirmation calls using the RMS, CRM and Bet Right’s information systems
  • Lead your Market Makers with purpose: clear KPIs, timely reviews, high standards
  • Keep the Head of Market Making and COO across every material event the moment it matters
  • Deliver the weekly market making report to management. Sharp, accurate, on time.
  • Zero errors in resulting. Every time. No exceptions.
  • Handle client complaints with professionalism and resolve them per the complaint’s procedure
  • Get markets live at least one day before events, without fail

KEY PERFORMANCE INDICATORS

How we keep score.

  1. Daily analysis - Completed by the agreed deadline, every day
  2. Market posting - Live at least 1 day prior to events
  3. Market quality - Commercially sharp and consistent with competitors
  4. Client profiles - 100% current, all special conditions captured
  5. Resulting accuracy - Zero errors. Non-negotiable.
  6. Team performance - Market Makers meeting their job descriptions and KPIs
  7. Escalation - All substantial events to senior management in real time
  8. Complaints -Every one handled per the complaints procedure
  9. Performance reviews - On time, followed up, no loose ends

WHAT WE’RE LOOKING FOR

You’re probably already thinking about applying.

You’ve been in the trenches. You know how markets move, how risk behaves and how to read a client. Now you’re ready to lead. Here’s what we’re after:

  • Deep, battle-tested understanding of risk management in sports betting
  • A genuine love of sport and racing. Not just a job, an obsession.
  • A track record of leading and developing high-performing market making teams
  • Sharp negotiating instincts and the ability to bring people with you
  • Analytical to the core: numerate, precise and able to hold intense focus under pressure
  • A challenger mindset. You question the status quo, you innovate, you think laterally.
  • Dispute resolution and reasoning skills that make hard conversations easy
  • Commercial savvy across budget control, operational management and cost discipline
  • Communication skills that work in every direction: floor staff, management, clients
  • Tech-confident across trading systems, market making platforms and Microsoft Office
  • Built for a 24/7 operation with the resilience and mindset to thrive in it
  • The energy and initiative that gets a team fired up

ROLE DETAILS

The details.

  1. Employment type - Full-time, permanent
  2. Ordinary hours - 38 hours per week (flexible structure by agreement)
  3. Reports to - Head of Market Making
  4. Manages - Market Makers
  5. Annual leave - 20 days per year
  6. Superannuation -Paid per Commonwealth legislation
  7. Remuneration - Competitive base salary + performance bonus & incentives
  8. Notice period - 2 months (employer and employee)
  9. Public holidays - Equivalent leave day granted for each public holiday worked
  10. Probity - Police clearance and regulatory checks required

THE OPPORTUNITY

Why this role is worth your move.

  • A genuine second-in-charge role with real weight behind it and a clear path for career progression
  • Competitive base salary backed by a real performance bonus and incentives structure
  • Flexible work structure where you and your Department Head agree on the five days that work for you
  • 20 days annual leave and a culture that actually wants you to use it
  • A seat among some of the sharpest sports minds in Australian wagering
  • The chance to be part of something being built from scratch, and to leave your mark on it
  • A learning-first environment where growth isn’t just possible, it’s expected

WHO WE ARE

We’re not your typical bookmaker.

Bet Right is a challenger wagering operator on a mission to transform the industry. We back innovation over inertia, long-term thinking over short-term gains, and clients over everything. We build technology that sets us apart. We’re looking for people who want to be part of building it. If that sounds like you, read the full advert in the link below before applying, the detail matters to us.

https://market-making-careers.pages.dev/

READY TO RUN THE ROOM?

Apply direct through this ad, or send your CV and a short cover letter to ***email_hidden***.

Tell us about your markets experience and why Bet Right is your next move.