Finance Operations Lead
Bastion- Full Time
- Mid-level (3 to 4 years)
Candidates should possess a Bachelor's degree in Finance, Accounting, or a related field, with a Master's degree being a plus, and ideally 3+ years of post-graduate experience. They should have proven experience in a financial exchange, clearing organization, or payment processing company with a high transaction volume, along with strong analytical skills and knowledge of financial regulations and compliance standards, particularly those specific to financial exchanges and clearing organizations.
The Financial Operations role involves overseeing a high volume of financial transactions, tracking money inflows and outflows, generating daily reports to provide a snapshot of financial activity, ensuring accuracy and operational efficiency, continuously monitoring and optimizing financial processes, analyzing financial data to identify trends and discrepancies, providing valuable insights for decision-making, ensuring compliance with financial regulations and industry standards, and collaborating closely with cross-functional teams to align financial goals and achieve operational excellence.
Regulated exchange for event contracts trading
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.