Role RoadmapAs Kalshi Prime scales, our Risk role will strengthen and build out the risk function to match that growth.
This role is about staying ahead of customer exposure: refining margin methodology so it keeps pace with position risk, building out stress tests that size potential shortfalls before they happen, and strengthening the residual interest calculation and process to hold up under CFTC scrutiny. In the first six months, you'll build out advanced stress testing tools, deepen the margin models, and sharpen forecasting for the firm's residual interest contribution. From there, the role expands into collateral and credit risk management.
What You'll DoMargin & Exposure Management
- Own and continuously refine Kalshi Prime's margin methodology so required margin reflects actual position risk
- Monitor customer positions and concentration in real time, setting house margin above exchange minimums where risk calls for it
Stress Testing & Scenario Analysis
- Build and run stress tests modeling how customer portfolios hold up under extreme market moves, sizing potential shortfalls against margin on file
- Backtest models against historical price action and maintain a live set of tail-risk scenarios as market conditions shift
Regulatory Capital & Residual Interest
- Own the residual interest calculation and process, ensuring the firm's capital contribution to segregated customer funds meets CFTC requirements
- Monitor net capital and segregated funds compliance, partnering with compliance and finance on regulatory risk reporting
Default Management & Governance
- Maintain the playbook for an actual customer default, improving auto-liquidation logic and thresholds for manual intervention
- Prepare risk materials for the Risk Management Committee and assess new products and markets for margin parameters before launch
What You Bring- Direct experience managing a risk function at an FCM; absent that, CFTC Swap Dealer risk experience is the next closest fit
- 4-7 years of experience minimum with a track record as a decision-maker and approver in a risk function
- Deep fluency in risk and margin models, with the ability to build them yourself
- Strong grounding in derivatives and financial markets, comfortable working with concepts like VaR
- Ability to independently build risk scenarios and forecasts, like modeling residual interest
- Working knowledge of the relevant regulatory landscape, or the ability to get up to speed on it fast
- Technically savvy and self-sufficient, comfortable building your own tools rather than waiting on others
- Strong multitasking ability across risk, financial markets, and operational demands
NYC Pay Transparency DisclosureSalary Range: $200,000 to $250,000 annually plus equity and benefits.
This range reflects current market data for this role. Kalshi has minimal hierarchy and broad variance in experience levels within each title; if your compensation expectations exceed this range, we encourage you to reach out - we're always happy to discuss.
