Operations Risk Analyst

Kalshi•New York City, NY

About The Position

Kalshi is defining a new category 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 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 of markets.

Requirements

Bachelor’s or Master’s degree in Finance, Economics, or a related field
Familiarity with clearing processes and operational risk management best practices
1-4 years of experience in listed derivatives, repo, treasury, or OTC markets, ideally at a clearing house, trading firm, an exchange or a FCM
Strong analytical capabilities and technical proficiency, including advanced Excel/Google Sheets skills (pivot tables, VLOOKUPs, macros) and a 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

Nice To Haves

Experience working with clearing or exchange systems in a regulated environment
Interest in financial innovation, derivatives, and the future of event-based trading

Responsibilities

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 escalate 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