---
title: 'Margin Operations (Overnight) at Kalshi'
canonical: 'https://feeny.ai/job/margin-operations-overnight-kalshi-new-york-mrap6fbngg2e'
type: 'job'
last_seen: '2026-09-13'
---

# Margin Operations (Overnight) at Kalshi

- **Company:** Kalshi
- **Location:** New York, NY
- **Compensation:** $90k–$120k
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-06-12
- **Last confirmed live:** 2026-09-13
- **Apply:** https://jobs.ashbyhq.com/kalshi/75445524-fc11-4025-b455-dc843fdbc542/application

**Skills:** Python, SQL, Margin methodologies, Initial margin, Variation margin, Intraday margin calls, Collateral management, Cleared derivatives, Futures, Event contracts, Risk monitoring

> Kalshi seeks a Senior Margin Risk professional to own overnight operations, serving as the primary risk monitor during non-standard hours. The role involves real-time margin surveillance, escalation decisions, and maintaining the platform's risk posture while coordinating with clearing and compliance teams.

## Job description

What is Kalshi? 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, is currently the fastest growing financial market in America, and has thousands of 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.

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.

## Role Roadmap

Kalshi operates markets around the clock, and our margin and risk operations need to match. We're looking for a senior Margin Risk professional to own overnight operations, serving as the primary risk monitor during non-standard hours when the rest of the team is offline. You'll be responsible for real-time margin surveillance, escalation decisions, and keeping the platform's risk posture sound through the overnight session. This role sits at the intersection of risk management and operational execution. You'll work closely with our clearing, compliance, and technology teams.

## What You'll Do

- Monitor margin positions, exposure, and collateral levels across Kalshi's markets in real time during overnight hours
- Identify and escalate margin deficiencies, unusual position concentrations, and risk limit breaches in accordance with established thresholds and procedures
- Execute margin calls and manage the end-to-end margin call lifecycle including issuance, tracking, and resolution
- Perform end-of-day and overnight reconciliations across clearing accounts, ensuring accuracy of margin calculations and collateral postings
- Coordinate with clearing members, counterparties, and custodians to resolve margin disputes and settlement issues
- Monitor market activity and liquidity conditions overnight, flagging developments that could affect risk exposure
- Maintain and update risk operations runbooks, escalation procedures, and shift handoff documentation
- Support the build-out of automated monitoring tools and contribute to process improvements that reduce manual risk in overnight operations

## What You Bring

- 4–10+ years of experience in margin operations, clearing operations, or market risk at an exchange, clearinghouse, FCM, or broker-dealer
- Deep familiarity with margin methodologies, initial margin, variation margin, intraday margin calls, and collateral management
- Experience operating in a real-time risk monitoring capacity, including making independent escalation decisions under pressure
- Strong understanding of cleared derivatives, futures, or event contracts and their associated risk mechanics
- Comfort working overnight or non-standard hours as the primary risk operations coverage
- Proficiency in Python, SQL, or similar tools for data analysis and monitoring
- Exceptional attention to detail and the ability to stay sharp and decisive during high-pressure overnight situations
- Strong written communication skills — your shift handoffs and escalation memos need to be clear and actionable

NYC Pay Transparency Disclosure: Salary Range: $90,000 to $120,000 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.

Our Culture 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. Kalshians are Kalshi’s most important asset: we pick Kalshians carefully, so we trust them fully on day 1.

Commitment to Equal Opportunity 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.

## About Kalshi

## Company Overview
- **One-liner**: Kalshi operates a federally regulated prediction market where users trade event contracts on real-world outcomes such as politics, sports, economics, and weather.
- **Entity Type**: Private (raised over $1B in funding; latest valuation ~$22B as of 2026)
- **Headquarters**: New York, New York, USA
- **Founded**: 2019
- **Founders**: Tarek Mansour, Luana Lopes Lara

## Core Business
- **Primary Industry**: Financial Services – Prediction Markets / Event Contracts
- **Target Customers**: B2C retail traders (via platform and partners like Robinhood, Webull) and B2B/institutional clients
- **Mission/Purpose**: To create a new asset class (event contracts) that lets people trade on the outcome of real-world events, fully regulated by the CFTC.

## Products & Services
- **Kalshi Exchange (Platform)**: A web and mobile marketplace where users buy/sell event contracts on yes/no questions (e.g., “Will BTC hit 150K?”). Prices move between $0.01 and $0.99 based on market probability, with $1 payout if the event occurs. Regulated by the CFTC.
- **Kalshi API**: Programmatic access for partners and institutional traders to integrate event contracts into their own platforms (used by Robinhood, Coinbase, etc.).
- **Partner Integrations**: Event contract feeds available on Robinhood, Coinbase, Webull, Phantom, Google Finance, and more.

## Market Standing
- **Valuation/Market Cap**: $22B (as of 2026 raise led by Coatue)
- **Key Metric**: Annual revenue ~$90M (estimated, 2026); Total funding >$1B
- **Notable Investors/Partners**: Sequoia Capital, Andreessen Horowitz, Y Combinator, Neo, Multicoin Capital, SV Angel, Charles Schwab, Henry Kravis, Coatue. Partners include Robinhood, Coinbase, Phantom, CNN, CNBC, Solana, Google Finance, NHL, Fox News.
- **Growth Signals**: Employee headcount grew 156.9% YoY (to 166 on LinkedIn, ~203 per Built In); LinkedIn followers up 342.2% YoY; active partnerships with major fintech and media brands; 27+ active job postings at time of research.

## Competitive Advantages
- **First-Mover Regulated** – Kalshi is the first and largest legal, CFTC-regulated prediction market in the U.S., creating a new asset class (event contracts).
- **Deep Capital & Network** – Backed by top-tier investors (Sequoia, a16z, YC) and distribution partnerships (Robinhood, Coinbase) provide massive reach.
- **Platform Stickiness** – Real-time trading on news and economic events creates frequent engagement and a unique hedge/speculation tool.
- **Marketplace Liquidity** – As the largest U.S. prediction market, network effects drive deeper liquidity and better pricing.

## Strategic Focus
- **Scaling Adoption** – Expanding distribution through partnerships (Robinhood, Coinbase, Webull) and institutional channels.
- **Product Expansion** – Adding new event categories (sports, weather, AI outcomes) and improving UI/UX for retail traders.
- **Regulatory Leadership** – Working closely with the CFTC to legitimize and grow the event contract asset class globally.

## Why Work Here
- **High-Growth Environment** – 150%+ headcount growth, massive valuation jump, and a “startup within a new asset class” vibe.
- **Competitive Compensation** – Competitive salary, equity, comprehensive health/dental/vision, 401(k), and in-office meals.
- **Culture & Values** – Emphasis on “Climb the Steeper Mountain,” ownership (“It’s Yours, Make it Work”), and deliberate execution. In-office or flexible hybrid model (NYC-based).
- **Engineering & Tech Stack** – Modern stack including React, Next.js, TypeScript, Go, Java, PostgreSQL, MongoDB, Kafka, AWS, Azure, Terraform. Roles span product engineering, infrastructure, SRE, data science, and mobile.
- **Strong Ratings** – 4.4/5.0 on employer review sites (compensation 4.1, culture 4.2, career 4.4).

## Sources
1. [kalshi.com/careers](https://kalshi.com/careers)
2. [jobs.ashbyhq.com/kalshi](https://jobs.ashbyhq.com/kalshi)
3. [builtin.com/company/kalshi](https://builtin.com/company/kalshi)
4. [linkedin.com/company/kalshi](https://www.linkedin.com/company/kalshi)

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