Operations Risk Analyst

Operations Risk Analyst role at Kalshi

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. Legalized in the U.S. for the first time, Kalshi is the fastest‑growing financial market, with thousands of markets across politics, economics, finance, weather, tech, AI, culture, and more.

As an Operations Risk Analyst you’ll help ensure the stability and integrity of Kalshi’s markets by contributing to post‑trade processing and managing operational risk across our exchange. You’ll monitor trading activity around the clock, safeguard customer positions, and serve as the first point of contact for clients and clearing members experiencing operational issues. You’ll play a key role in protecting participants, minimizing risk, and shaping the systems that power Kalshi’s next‑generation markets.

• Oversee daily trade and clearing operations across Kalshi’s current and new markets, ensuring accuracy, timeliness, and compliance
• Continuously monitor risk exposure, system performance, and operational controls; swiftly escalated and collaborate with engineering and risk teams to address and remediate issues
• Identify operational risks proactively and contribute to the development and refinement of automated monitoring and exception‑handling systems
• Lead or participate in incident response, root‑cause analyses, and post‑mortems, ensuring actionable outcomes and continuous operational improvements
• Partner cross‑functionally with other teams to drive continuous improvement in risk management processes, documentation, and governance, enhancing Kalshi’s operational resilience and compliance posture
• Support new clearing and risk initiatives aligned with Kalshi’s growth strategy and expansion into new markets and trading products

• Bachelor’s or Master’s degree in Finance, Economics, or a related field
• Familiarity with clearing processes and operational risk management best practices
• 1‑2 years of experience in listed derivatives, repo, treasury, or OTC markets, ideally at a clearing house, trading firm, an exchange or an FCM
• Strong analytical capabilities and technical proficiency, including advanced Excel/Google (including pivot tables, VLOOKUPs, macros)
• Basic understanding of financial technology systems
• Excellent written and verbal communication skills; capable of working effectively across technical and non‑technical teams
• Detail‑oriented mindset with the ability to balance daily operational rigor and long‑term risk strategy
• Bonus:
  Experience working with clearing or exchange systems in a regulated environment
• Bonus:
  Interest in financial innovation, derivatives, and the future of event‑based trading

Salary Range: $100,000 to $140,000 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.

Meritocracy is at our core, and we value people who take ownership and figure (usually hard) things out. We dream big. We love our craft deeply and are proud of what we put out in the world. We are committed to our vision of building something big… but also useful: a product that brings more truth through the power of markets.

Kalshi is committed to creating a culture of inclusion and belonging, and we are proud to be an equal‑opportunity employer. We believe it is our collective responsibility to uphold these values and encourage candidates from all backgrounds to join us in our mission. All qualified applicants will be treated with respect and receive equal consideration for employment without regard to race, color, creed, religion, sex, gender identity, sexual orientation, national origin, disability, uniform service, veteran status, age, or any other protected characteristic per federal, state, or local law.

If you are passionate about what you do and want to use your talents to support our mission and values, we’d love to hear from you.