[Remote] Backend Engineer (Affiliated Trading) at Kalshi

New York, New York, United States

Kalshi Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Biotechnology, Prediction MarketsIndustries

Skills

Key technologies and capabilities for this role

Backend EngineeringEvent-driven systemsAPIsRelational DatabasesPostgresConcurrent programmingAWSRDSECSStream processingKafkaTrading systemsOrder managementGolangFrontend development

Questions & Answers

Common questions about this position

What is the salary range for the Backend Engineer role at Kalshi?

The salary range is $150,000 to $250,000 annually plus equity and benefits.

Is this Backend Engineer position remote or office-based?

This information is not specified in the job description.

What skills are required for the Backend Engineer role?

Required skills include at least 3 years of professional experience as a backend engineer, building robust high performance event-driven systems and APIs, comfort with relational databases like Postgres, experience writing concurrent code, familiarity with AWS stack (RDS and ECS), and stream processing like Kafka.

What is the company culture like at Kalshi?

Kalshi's culture is a meritocracy at its core; they hire really talented people, work really hard, and enjoy the climb while building a new category.

What makes a strong candidate for this Backend Engineer position?

A strong candidate has at least 3 years of backend experience, skills in event-driven systems, databases, concurrent code, AWS, and Kafka, plus nice-to-haves like trading systems experience, Golang proficiency, or familiarity with frontend/ML.

Kalshi

Regulated exchange for event contracts trading

About Kalshi

Kalshi operates as a regulated exchange where traders can speculate on the outcomes of various events through a unique product called 'event contracts.' These contracts allow investors to bet on whether specific future events will happen, such as changes in Covid-19 statistics or legislative decisions in Congress. The platform expands the traditional futures market by addressing new economic risks, making it accessible to both individual investors and institutional traders who want to hedge or speculate on significant events. Kalshi earns revenue by charging transaction fees on trades made on its platform. What sets Kalshi apart from its competitors is its regulatory approval from the Commodity Futures Trading Commission (CFTC), which allows it to offer this new asset class in a compliant manner.

New York City, New YorkHeadquarters
2019Year Founded
$29.3MTotal Funding
DEBTCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Company Equity

Risks

Emerging competitors like Polymarket could draw users away from Kalshi.
Legal challenges may arise over event contracts being seen as gambling.
Volatility in political events could lead to financial losses for Kalshi's users.

Differentiation

Kalshi is the first US federally regulated exchange for event contracts.
Kalshi offers unique exposure to specific events, unlike traditional stocks or bonds.
Kalshi's platform is backed by prominent investors like Sequoia and Charles Schwab.

Upsides

Growing interest in event-driven trading boosts Kalshi's market potential.
Advancements in AI enhance prediction accuracy on Kalshi's platform.
Increased regulatory clarity encourages more financial institutions to use Kalshi.

Land your dream remote job 3x faster with AI