[Remote] Legal (Market Contracts) at Kalshi

New York, New York, United States

Kalshi Logo
Not SpecifiedCompensation
Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Fintech, RegulationIndustries

Skills

Key technologies and capabilities for this role

Legal contract draftingRegulatory complianceCFTC regulationsDerivatives marketsFinancial regulationsMarket contract developmentRisk managementLegal frameworksRulebooksClearing agreementsParticipant agreements

Questions & Answers

Common questions about this position

What qualifications are required for the Legal Associate (Market Contracts) role?

Candidates must have a J.D. and admission to practice in at least one U.S. jurisdiction, plus 2–4+ years of legal experience, ideally at a mid- or large-sized law firm practicing commercial law, or practicing law related to financial markets and/or regulatory affairs.

What is the salary range for this position?

This information is not specified in the job description.

Is this role remote or does it require working in an office?

This information is not specified in the job description.

What kind of company culture does Kalshi have?

Kalshi seeks passionate and outlier members excited to embark on a long journey in uncharted territories towards building the future of the financial system.

What makes a strong candidate for this Legal Associate role?

A strong candidate is detail-oriented, business-savvy, with experience in commercial law, financial markets, or regulatory affairs, and able to partner cross-functionally while ensuring regulatory compliance.

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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