Kalshi

Data Scientist (Product)

New York, New York, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Markets, BiotechnologyIndustries

Requirements

Candidates should have at least 4 years of experience in Analytics, Data Science, or a related field. Fluency in SQL and proficiency in a scripting language like Python or R are required, along with experience with distributed data systems such as Redshift, Snowflake, Presto, Hive, or Spark. A strong foundation in statistical methods, experimentation, or forecasting is necessary, as is a track record of cross-functional collaboration and effective communication with technical and non-technical partners. Experience supporting Product, Marketing, Finance, or internal Platform/Tooling teams is also expected.

Responsibilities

The Data Scientist will collaborate across teams to define and measure key metrics, design experiments, and uncover insights to inform strategic decisions. They will build models and analytical frameworks to support various business initiatives, and develop tools, datasets, and systems to enhance data efficiency and rigor. This role involves owning complex data projects from start to finish and championing data quality, accessibility, and democratization across the organization. Partners will be sought from Product, Engineering, Design, Research, Sales, Marketing, or Finance to drive impact.

Skills

Python
SQL
DBT
Machine Learning
Data Visualization
Experimentation
Data Modeling
User Behavior Analysis
Revenue Optimization

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.

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