Sports Operations at Kalshi

New York, New York, United States

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Not SpecifiedCompensation

Junior (1 to 2 years), Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Finance, SportsIndustries

Requirements

Deep understanding of how sportsbooks operate to identify market opportunities and handle edge cases in settlement scenarios
Encyclopedic knowledge of league-specific rules, tiebreakers, playoff structures, and statistical definitions across major leagues (NFL, NBA, MLB, NHL, MLS, NCAA) and international competitions
Ability to monitor live games and sports news across multiple leagues simultaneously, responding quickly to events requiring market suspension, clarification, or settlement
Proficiency in working with structured, time-sensitive sports data feeds to manage accurate market parameters, real-time updates, and settlements
Capacity to multitask during high-volume periods like NFL Sundays or March Madness across numerous concurrent events

Responsibilities

Execute the listing of sports markets with precision, ensuring proper configuration reflecting game conditions, player availability, and league rules
Make rapid determinations on market outcomes based on official league data, box scores, and verified sports sources, managing time-sensitive settlement windows
Structure sports markets to capture trader disagreements, understanding nuances between contract types (spreads, totals, props, futures) and framing markets around games, seasons, player performances, and events to maximize liquidity and interest
Build out and prioritize the sports market listing pipeline across major leagues and international competitions, balancing pre-game, in-play, and futures markets while responding to breaking news like injuries, trades, and lineup changes
Navigate complex scenarios such as postponements, player scratches, overtime rules, and stat corrections to ensure market sophistication
Ensure markets are structured with airtight settlement criteria accounting for sport-specific edge cases (rain delays, technical fouls, injury timeouts, VAR decisions, etc.)
Identify and resolve data discrepancies quickly to maintain market integrity
Issue timely clarifications on sports markets to traders

Skills

Sports Market Listing

Market Determination

League Rules

Box Scores

Player Availability

Market Structuring

Data Verification

Event Settlement

Sports Operations

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