Kalshi

Software Engineer, Product

New York, New York, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Markets, FintechIndustries

Position Overview

  • Location Type: Remote
  • Employment Type: Full-time
  • Salary: Not specified

Kalshi is defining a new category: prediction markets. Kalshi allows people to trade on the outcome of any events and turn any question about the future into a financial asset. Kalshi fought for years and legalized prediction markets in the US for the first time in history. Kalshi is currently the fastest growing financial market in America, and has thousands of markets across politics, economics, financials, weather, tech, AI, culture and more. We believe prediction markets have the potential to be the largest financial market because they turn anything into a financial position.

Our vision: well… build the largest financial market on the planet. Our mission: bring more truth to the world through the power of markets.

Building a new category is hard… like really hard. But it’s beautiful and deeply fulfilling. Our culture is simple: we hire really talented people, work really hard, and enjoy the climb. We are looking for ambitious and exceptional people to join our (relatively small) team to help us build the next generation of financial markets.

Role Roadmap

We are building a next-generation financial ecosystem (think NYSE or CME from scratch). As part of Kalshi, you will work on various platforms, including core exchange, clearinghouse, API infrastructure, connectivity to brokers and market makers, and others. We are a small team, which means your responsibilities scale very rapidly, and your contributions are clear and visible, not marginal. There is still a lot of green field at Kalshi and a lot of it (including entire systems) can be yours.

What You’ll Do

  • Design and implement high-performance backend services and APIs that enable rapid testing of new trading features and experiences as Kalshi’s user-base scales.
  • Architect and maintain systems for personalization engines, recommendation algorithms, and other data-driven features that enhance trader engagement and retention.
  • Partner with product managers and frontend engineers to pilot initiatives that aim to improve or expand Kalshi’s platform.

What We’re Looking For

Attributes

  • Bachelor’s degree in Computer Science or equivalent professional experience, with 4+ years of hands-on software development.
  • Strong command of key programming languages such as Golang, Java, etc.
  • Strong knowledge of REST API design and development.
  • Experience with relational and NoSQL databases, such as PostgreSQL, MySQL, MongoDB.
  • Proven track record of taking initiative and thriving in fast-paced environments.
  • Comfortable refining loose requirements into a clear technical spec.
  • Passionate about your craft and committed to delivering exceptional results.

Bonus Points

  • Experience supporting low-latency, dynamic interfaces using Websockets or similar event-based infrastructure.
  • Familiarity with cloud platforms like AWS, Azure, or GCP.
  • Experience with growth experiments or A/B testing frameworks.
  • History with day trading stocks.

Skills

backend services
APIs
high-performance
personalization engines
recommendation algorithms
data-driven features
exchange
clearinghouse
API infrastructure
connectivity

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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