DraftKings Logo

DraftKings

Senior Lead Trading Strategist

Posted An Hour Ago
Be an Early Applicant
Remote or Hybrid
Hiring Remotely in United States
184K-230K Annually
Senior level
Remote or Hybrid
Hiring Remotely in United States
184K-230K Annually
Senior level
Lead design and delivery of low-latency market-making and automated trading strategies. Translate quantitative research into production systems, build backtesting and real-time decision engines, ensure scalability and observability, manage risk-aware optimization, and influence cross-functional teams on strategy and technical direction.
The summary above was generated by AI
At DraftKings, AI is becoming an integral part of both our present and future, powering how work gets done today, guiding smarter decisions, and sparking bold ideas. It's transforming how we enhance customer experiences, streamline operations, and unlock new possibilities. Our teams are energized by innovation and readily embrace emerging technology. We're not waiting for the future to arrive. We're shaping it, one bold step at a time. To those who see AI as a driver of progress, come build the future together.
The Crown Is Yours
As a Senior Lead Trading Strategist, you'll define and evolve the systems that power real-time market-making and automated trading at scale. You'll operate at the intersection of quantitative research and production engineering, translating complex market behavior into high-performance trading strategies. Working across teams, you'll lead the design and development of low-latency systems that price markets, manage risk, and react to high-frequency events. Your work will shape how markets behave, driving innovation and unlocking new opportunities through data-driven strategy and technical leadership.
What you'll do as a Senior Lead Trading Strategist
  • Lead the design, implementation, and continuous refinement of market-making and trading strategies informed by market microstructure, participant behavior, and risk constraints.
  • Translate quantitative research and hypotheses into scalable, production-grade trading systems in close partnership with Engineers, Data Scientists, and fellow Strategists.
  • Architect and evolve backtesting frameworks that accurately model execution, liquidity dynamics, and behavioral responses.
  • Develop and oversee real-time decision engines that price markets, optimize inventory, and react to high-frequency event streams.
  • Set technical direction for trading systems, ensuring scalability, performance, and reliability in production environments.
  • Contribute on monitoring, alerting, and observability standards for live systems, enabling rapid diagnosis and resolution of anomalies.
  • Communicate strategy vision, system behavior, and business impact clearly to technical and non-technical stakeholders, influencing decision-making across teams.

What you'll bring
  • At least 7 years of experience in machine learning, quantitative modeling, or algorithmic strategy development.
  • Experience working with automated trading systems, prediction markets, sports betting, or crypto and decentralized finance environments.
  • Strong proficiency in Python (including NumPy, Pandas, and PyTorch) and experience with C++, C#, Java, or Rust for performance-critical systems.
  • Deep expertise in market making, market microstructure, liquidity modeling, and risk-aware optimization.
  • Strong foundation in statistical and probabilistic modeling, including time-series analysis and signal evaluation.
  • Strong leadership and communication skills, with a demonstrated ability to lead complex technical initiatives and influence cross-functional teams.

Join Our Team
We're a publicly traded (NASDAQ: DKNG) technology company headquartered in Boston. As a regulated gaming company, you may be required to obtain a gaming license issued by the appropriate state agency as a condition of employment. Don't worry, we'll guide you through the process if this is relevant to your role.
The US base salary range for this full-time position is 184,000.00 USD - 230,000.00 USD, plus bonus, equity, and benefits as applicable. Our ranges are determined by role, level, and location. The compensation information displayed on each job posting reflects the range for new hire pay rates for the position across all US locations. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific pay range and how that was determined during the hiring process. 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.
HQ

DraftKings Boston, Massachusetts, USA Office

Our Boston Headquarters is in the heart of Back Bay, conveniently located near multiple public transit routes. There are countless options for coffee, food, and drinks nearby. Plus, we're just minutes away from the historic Fenway Park.

Similar Jobs at DraftKings

2 Days Ago
Remote or Hybrid
Pennsylvania, USA
68K-85K Annually
Mid level
68K-85K Annually
Mid level
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
As a VIP Host, you'll build strong relationships with top players, manage VIP engagement strategies, and enhance player experiences.
2 Days Ago
Remote or Hybrid
Michigan, USA
109K-137K Annually
Senior level
109K-137K Annually
Senior level
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
The Marketing Strategy Manager will shape online casino customer engagement through insights, competitive analysis, and campaign strategies, driving growth.
Top Skills: Campaign StrategyCompetitive IntelligenceCustomer InsightsData AnalysisMarketing Strategy
2 Days Ago
Remote or Hybrid
New Jersey, USA
109K-137K Annually
Senior level
109K-137K Annually
Senior level
Digital Media • Gaming • Information Technology • Software • Sports • Esports • Big Data Analytics
The Marketing Strategy Manager will develop strategies to engage online casino customers through insights, analysis, and cross-functional collaboration to drive growth.
Top Skills: AIData AnalysisMarket Research

What you need to know about the Boston Tech Scene

Boston is a powerhouse for technology innovation thanks to world-class research universities like MIT and Harvard and a robust pipeline of venture capital investment. Host to the first telephone call and one of the first general-purpose computers ever put into use, Boston is now a hub for biotechnology, robotics and artificial intelligence — though it’s also home to several B2B software giants. So it’s no surprise that the city consistently ranks among the greatest startup ecosystems in the world.

Key Facts About Boston Tech

  • Number of Tech Workers: 269,000; 9.4% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Thermo Fisher Scientific, Toast, Klaviyo, HubSpot, DraftKings
  • Key Industries: Artificial intelligence, biotechnology, robotics, software, aerospace
  • Funding Landscape: $15.7 billion in venture capital funding in 2024 (Pitchbook)
  • Notable Investors: Summit Partners, Volition Capital, Bain Capital Ventures, MassVentures, Highland Capital Partners
  • Research Centers and Universities: MIT, Harvard University, Boston College, Tufts University, Boston University, Northeastern University, Smithsonian Astrophysical Observatory, National Bureau of Economic Research, Broad Institute, Lowell Center for Space Science & Technology, National Emerging Infectious Diseases Laboratories

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account