Betting Risk Officer
Job Description
Betting Risk Officer
About Us
Bet on Alfa offers a dynamic and modern working environment in one of the most exciting sectors of contemporary entertainment, operating both online and through a wide network of physical stores across Cyprus. With live betting on the most popular sports and special bets on major events, we are constantly evolving.
The Role
We are looking for a Betting Risk Officer to monitor customer activity and betting patterns, manage risk, prevent fraud, and ensure accurate application of betting limits. The role also involves approving bets, analyzing performance data, and coordinating with feed providers to maintain integrity and profitability across sportsbook operations.
Key Responsibilities
Profile and segment customers (e.g., Class A & B) based on risk levels and behavior
Monitor customer activity to detect irregular or high-risk patterns
Set, adjust, and enforce betting and event limits accordingly
Identify potentially fraudulent behaviour and take appropriate action
Approves bets based on customer risk profiles, ensures limits are maintained accurately, and flags anomalies in betting patterns
Communicate directly with feed providers regarding data accuracy and pricing issues
Resolve discrepancies related to odds and settlements
Investigate suspicious transactions and alerts
Apply established procedures for account actions
Conduct detailed analysis and maintain proper documentation of findings
Prepare regular reports on risk exposure and profitability
Analyze trends to identify potential vulnerabilities in sportsbook operations
Recommend strategies to mitigate risk and improve performance
Ensures compliance and accuracy in back-office systems
Validate feed provider data and correct inconsistencies
Suggest and implement corrective actions to improve processes and reduce overall risk exposure
Assist the Head of Operations with pricing-related tasks, testing potential new products and any other related operational initiatives
Who We Are Looking For
Bachelor’s degree
3–4 years of relevant professional experience is considered an advantage
Ability to work effectively in a fast-paced environment with shifting priorities; willingness to work on a rotating shift schedule (5 days per week) covering hours between 09:00 and 01:00, including weekends and public holidays
Fluency in Greek and English, both written and verbal
Good working knowledge of Microsoft Office applications
Strong communication and interpersonal skills, with the ability to collaborate across teams
Demonstrated problem-solving abilities
High level of accuracy and attention to detail
What We Offer:
- 13th salary
- Performance-based bonus
- Hybrid workplace model
- Provident Fund
- Medical Insurance
- Up to 75% tuition fee subsidy for studies at European University Cyprus for you and/or your children
- 21 days Annual Leave (reaching up to 25 days based on years of service)
- Paid sick leave
- Paid Maternity/Paternity leave
- Gifts on special occasions (e.g. weddings, newborns)
- Continuous professional development
Send your application now through our website
All applications will remain confidential.
How to Apply
Interested candidates are kindly requested to send their CV to the HR Manager at hr@betonalfa.com.
Soft Skills
Technical Skills
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About Company
BET ON ALFA LTD
Η BetOnAlfa είναι η μεγαλύτερη, κυπριακή στοιχηματική εταιρεία.
Με επίκεντρο την τεχνολογία αιχμής και τον υπεύθυνο στοιχηματισμό, προσφέρουμε ψυχαγωγία 24/7 στα μέλη μας.
Εχουμε αναπτύξει ένα εκτεταμένο πρόγραμμα χορηγιών για την υποστήριξη ποικίλων αθλημάτων από επαγγελματικές ομάδες έως και επαγγελματίες και μή, αθλητές.
Πώς φτάσαμε ως εδώ;
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- Επενδύουμε σε πρωτοποριακές τεχνολογίες και καινοτομία.
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Αποστολή μας είναι να κάνουμε το παιχνίδι πιο συναρπαστικό, δημιουργώντας ταυτόχρονα, υπεύθυνα, μια στοιχηματική εμπειρία. Θέλουμε να ωθήσουμε τα πράγματα ακόμα περισσότερο και να εμπνεύσουμε και άλλους να ενωθούν μαζί μας!