Finance Operations

Kalshi has defined 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 over 1,900 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.

What Is Kalshi

Kalshi is the first and only federally regulated exchange where people can trade on any event. Think like the NYSE, but instead of trading stocks, you trade on the events you know and care about. After three years of regulatory struggle, Kalshi's historic regulatory approval from the CFTC has allowed it to launch a new asset class: event contracts. Event contracts, the fastest-growing asset class today, are elegant financial instruments structured as simple yes/no questions about the future.

In 2024, Kalshi Klear was approved as a Derivatives Clearing Organization (DCO) and now manages all clearing activity for its exchange members.

We are looking for passionate and outlier members excited to embark on this voyage toward building the financial system's next inflection point.

In the Financial Operations role, you will be an early member of Kalshi's Finance team. We cater to retail customers, market makers and hedge funds, and institutional traders. The Financial Operations team is responsible for ensuring the money flowing in and out of the Exchange, the Clearing Org and its connected systems is all accounted for.

We're scaling, which means your role will evolve and grow with the company; your initial responsibilities will include:

Responsibilities:

You will play a pivotal role in managing the flow of funds within our organization. Your primary responsibilities will include:

• Transaction Monitoring: Oversee a high volume of financial transactions, tracking money inflows and outflows from various sources.
• Daily Snapshot: Generate daily reports to provide a snapshot of financial activity, ensuring accuracy and operational efficiency.
• Operational Excellence: Continuously monitor and optimize financial processes to guarantee smooth operations and adherence to financial regulations.
• Financial Analysis: Analyze financial data to identify trends, discrepancies, and areas for improvement. Provide valuable insights to support decision-making.
• Financial Compliance: Ensure compliance with financial regulations and industry standards. Stay updated on changes in financial regulations that may impact our operations.
• Collaboration: Collaborate closely with cross-functional teams to align financial goals and achieve operational excellence.

Qualifications:

To excel in this role, you should possess the following qualifications and skills:

• Bachelor's degree in Finance, Accounting, or a related field. A Master's degree is a plus.
• Ideally 3+ years of experience post grad.
• Proven experience in a financial exchange, clearing organization or payment processing company with a high transaction volume.
• Strong analytical skills with the ability to interpret complex financial data.
• Knowledge of financial regulations and compliance standards. Those specific to financial exchanges, clearing organizations and FCMs are a plus.
• Exceptional attention to detail and accuracy.
• Proficiency in financial software and tools. Net Suite experience is a plus.
• Excellent communication and collaboration skills.
• Ability to work in a fast-paced, dynamic environment.
• Entrepreneurial spirit paired with…