Head of Quantitative Trading – Sports Betting in Sofia, Bulgaria. Competitive – discussed at interview.

At a glance

• Location: Sofia, Bulgaria
• Languages: English
• Salary: Competitive – discussed at interview
• Start: ASAP
• Relocation: not offered for this role

About the role

CloserHire is partnering with a fast-growing international technology company within the sports betting and iGaming industry to recruit an experienced Head of Quantitative Trading for their team in Sofia, Bulgaria. This senior leadership role will take ownership of the company’s quantitative trading strategy, pricing models, risk frameworks, and trading performance. You will lead a team of quantitative analysts and traders, combining advanced statistical modelling, sports data, and technology to optimise

What you'll do

• Define and lead the overall quantitative trading strategy across the sportsbook
• Lead, develop, and mentor teams of Quantitative
• Analysts, Traders, and Data specialists
• Develop and continuously improve pricing, probability, forecasting, and risk models
• Drive the development of automated and algorithmic approaches to sportsbook trading and pricing
• Analyse large volumes of sports, market, customer, and historical betting data
• Ensure betting markets are priced accurately and efficiently across different sports and competitions
• Establish effective frameworks for risk management, exposure management, and trading limits
• Monitor trading performance and identify opportunities to improve margin, pricing accuracy, and operational efficiency
• Develop quantitative methodologies to identify market inefficiencies and improve decision-making

What we're looking for

• 5+ years of experience in quantitative trading, sportsbook trading, quantitative research, or a closely related analytical field
• Significant experience in a senior leadership or quantitative trading management position
• Strong understanding of sports betting markets, odds, probabilities, pricing, margins, and risk management
• Advanced knowledge of statistics, probability theory, mathematical modelling, and quantitative analysis
• Strong programming capabilities in Python, R, or similar quantitative languages
• Experience working with large datasets and analytical technologies such as SQL Proven experience developing predictive, pricing, forecasting, or risk models
• Experience with automated or algorithmic trading systems is highly advantageous
• Knowledge of machine learning and AI techniques applied to forecasting, pricing, or trading is an advantage
• Strong understanding of model validation, backtesting, and performance measurement
• Experience managing and developing high-performing quantitative and trading teams

Salary

Competitive – discussed at interview

Bulgaria applies a flat 10% income tax, and living costs in Sofia, Plovdiv and Varna run well below Western European levels — the take-home goes considerably further than the headline suggests.

Benefits

• Senior leadership position within a growing international sports betting technology company
• Ownership of the company’s quantitative trading strategy and operating framework
• Opportunity to build and develop a high-performing quantitative trading function
• Direct influence over pricing, risk management, automation, and trading performance
• Opportunity to apply advanced statistical modelling, machine learning, and AI to real-world sports markets
• Access to large-scale sports and betting datasets
• Close collaboration with senior
• Product, Engineering, Data, and Commercial leadership
• High level of autonomy and influence over strategic and technical decisions
• Exposure to complex real-time sports markets and high-volume trading systems

Why Bulgaria?

Bulgaria is one of the best-value moves in Europe right now — city living at a fraction of Western European costs, an established international community, and a flat 10% income tax.

How the process works

• Apply with your CV — we read every application
• A short introductory call with CloserHire, around 30 minutes
• Interview with the company
• Offer, then we help with the paperwork and, where relevant, the move

From application to starting on the ground usually takes around five weeks.

CloserHire recruits for this role on behalf of our client. We are an equal-opportunity recruiter and consider every applicant on ability alone.