Betting Risk Officer
betonalfa· Operations
About this role
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
Frequently Asked Questions
Is the salary disclosed for the Betting Risk Officer position at betonalfa?
The salary for this Betting Risk Officer role at betonalfa is not publicly listed. Click "Apply Now" to learn more about the compensation package on their official careers page.
Where is the Betting Risk Officer position at betonalfa located?
This Betting Risk Officer role at betonalfa is based in Hybrid, Nicosia, Cyprus. The position is listed as on-site or hybrid. Check the full job description or apply directly to confirm the work arrangement.
Is the Betting Risk Officer role at betonalfa full-time or part-time?
This is listed as a Full Time position. It is posted as a Betting Risk Officer role in the Operations department at betonalfa.
Which team or department does the Betting Risk Officer at betonalfa belong to?
This Betting Risk Officer position is part of the Operations department at betonalfa. See the full job description for more information about the team structure and responsibilities.
How do I apply for the Betting Risk Officer position at betonalfa?
Click the "Apply Now" button on this page. You will be redirected to betonalfa's official application portal hosted on bamboohr where you can submit your application directly.
When was the Betting Risk Officer job at betonalfa posted?
This Betting Risk Officer position at betonalfa was posted on Apr 24, 2026. Apply as soon as possible — early applications are often reviewed first.
Betting Risk Officer
betonalfa
You'll be redirected to betonalfa's official application page on bamboohr.