Market Operations - Weather

Kalshi • $120K — $180K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5+ years experience in operational systems or data workflows focusing on accuracy and reliability.
  • Proficient in Python and SQL with hands-on experience in automated data pipelines.
  • Knowledge of National Weather Service reports and ASOS station behavior.
  • Strong experience in managing data providers and establishing service-level agreements.
  • Ability to create clear settlement terms from complex weather data.

Responsibilities

  • Oversee settlement processes and resolve discrepancies based on official reports.
  • Design, implement, and launch weather contracts with comprehensive terms.
  • Manage relationships with data vendors, ensuring quality and compliance.
  • Develop and optimize Python and SQL workflows for market settlement.
  • Collaborate with legal and compliance teams on settlement policies and audits.
  • Work across teams to address pricing and liquidity challenges in weather markets.

Benefits

  • Equity participation in a dynamic startup environment.
  • Flexible working hours to accommodate time-sensitive tasks.
  • Opportunity for professional development and skills advancement.
  • Minimal hierarchy promoting a collaborative work culture.
  • Access to innovative and impactful weather market projects.
Full Job Description
Role Roadmap

We are looking for someone to own the operations and infrastructure behind Kalshi's weather

markets. You will turn weather data into clear contracts, reliable markets, and accurate

settlements, while building the automation that allows the category to scale.

This is a hands-on role. You will write code, investigate station data, manage data partners, and

make sound settlement decisions under time pressure. When a report is revised or a station

goes down, you will know how to investigate and apply the contract terms.

What You'll Do
  • Own settlement, monitor official reports, investigate discrepancies, and resolve settlement issues accurately and consistently with contract terms and exchange rules.
  • Design and launch contracts. Write clear terms for temperature, rain, snow, and hurricane markets. Anticipate trace precipitation, missing observations, report revisions, station relocations, and time-boundary issues before launch.
  • Manage Synoptic and other data relationships, including service levels, quality checks, and fallback sources permitted by contract terms. Understand when vendor observations diverge from the official settlement source.
  • Build and maintain Python and SQL workflows that list, monitor, and settle hundreds of city-day markets, with reliable orchestration, alerting, and exception handling.
  • Partner with legal and compliance on contract self-certification, settlement procedures, and void policies. Maintain clear, reproducible audit trails for settlement decisions.
  • Work with trading, risk, product, and engineering to identify pricing and liquidity issues and expand weather markets for retail traders and institutional hedgers.
What You Bring
  • Practical knowledge of National Weather Service Climatological Reports (CLI) and Automated Surface Observing System (ASOS) station behavior, including outages, revisions, preliminary versus final values, and local standard time versus daylight time.
  • Experience running operational systems or data workflows where accuracy and reliability matter. You can investigate an ambiguous issue, make a defensible decision, and own the outcome.
  • Proficiency in Python and SQL, with experience building and operating automated data pipelines using Dagster or a similar orchestration framework.
  • Experience managing providers, service-level expectations, data quality, and fallback procedures. You can distinguish live observations from the authoritative source specified in a contract.
  • The ability to translate complex weather events and imperfect data into precise, unambiguous settlement terms.
  • Experience working under exchange rules, or the ability to quickly learn Part 40 self-certification, void policies, and settlement documentation requirements.
  • You are comfortable handling time-sensitive issues, including early-morning settlement questions, and building systems that prevent recurring problems.
Bonus Points
  • You understand how market makers price weather and can recognize when liquidity incentives or trading activity create directional weather exposure.
  • Familiarity with utilities, energy traders, agriculture, reinsurance, or other institutional users of weather markets.
  • An understanding of ensembles and model biases, and how they inform market design and surveillance.
NYC Pay Transparency Disclosure

Salary Range: $120,000 to $180,000 annually plus equity and benefits. This salary range is based on the current available market data, and represents the expected salary range for this role. Kalshi has minimal hierarchy and few titles, but has broad ranges of experience represented within roles. Should you have compensation expectations that exceed these bands, we'd love to hear from you and would welcome you to reach out to further discuss.

About Kalshi

Kalshi is a financial services company that offers a platform for trading on the outcome of events. The company was founded in 2020 by Tarek Mansour and Luana Lopes Lara. Kalshi is headquartered in New York City and is regulated by the Commodity Futures Trading Commission (CFTC). The platform allows users to trade on the outcome of events such as elections, sports games, and other events. Kalshi aims to provide a transparent and fair trading experience for its users.
Learn more about Kalshi
Size
50 employees
Industry
Founded
2018

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