Legal (Market Contracts)

Reposted 19 Days Ago
Easy Apply
2 Locations
In-Office or Remote
100K-250K Annually
Mid level
Fintech • Payments • Financial Services
Kalshi lets you trade on news, sports & more. Fully regulated and live in the USA.
The Role
As a Legal Associate (Market Contracts), you'll draft and review market contracts, ensuring compliance with regulations, and partnering with teams to support market expansion.
Summary Generated by Built In
What we're up to

Kalshi has launched the first regulated financial exchange that allows people to trade on the anticipated outcome of events. We’re now looking for the right people to help us continue to grow and scale.

Our vision is to allow people to capitalize on their opinions and hedge risks that relate to their everyday lives, from "Will CPI rise more than 0.5% this month?” to "Will 2023 be the hottest year on record?"

We're on a long journey in uncharted territories and are looking for passionate and outlier members excited to embark on this voyage towards building the future of the financial system.

Role Roadmap

We are seeking a detail-oriented and business-savvy Legal Associate (Market Contracts) to help design, draft, and safeguard the contracts that power our markets. You’ll own the legal frameworks that govern trading on Kalshi, from rulebooks and market terms to clearing agreements and regulatory filings.

In this role, you’ll ensure every market contract is clear, compliant, and scalable. You’ll partner across teams to translate regulatory requirements into practical agreements that let our markets expand quickly while maintaining full regulatory confidence.

Key Responsibilities
  • Market Contract Development
    • Draft, review, and refine contracts that govern how our markets operate, including event contract specifications, trading terms, clearing documentation, and participant agreements.
    • Collaborate with Product and Risk to ensure market structures meet both business needs and regulatory standards.
    • Build standardized templates and rulebooks to streamline how new markets are launched and maintained.
  • Regulatory & Compliance Alignment
    • Ensure all market contracts comply with CFTC regulations and other applicable laws.
    • Work closely with compliance to incorporate rule changes, disclosure requirements, and governance standards into contracts.
    • Stay ahead of regulatory developments affecting event contracts and derivatives markets.
  • Cross-Functional Legal Partnering
    • Partner with Growth and Partnerships teams on agreements with institutional traders, liquidity providers, and vendors.
    • Translate complex regulatory and legal concepts into clear, actionable guidance for non-legal stakeholders.
    • Act as a business-minded partner during negotiations, balancing legal precision with market growth.
  • Process & Infrastructure
    • Develop scalable systems for contract lifecycle management, including drafting, negotiation, and archiving.
    • Identify opportunities for automation and streamlined review processes across market and trading agreements.
    • Support broader legal operations, including governance, risk, and reporting.
Qualifications
  • J.D. and admission to practice in at least one U.S. jurisdiction.
  • 2–4+ years of legal experience, ideally:
    • (1) at a mid- or large-sized law firm practicing commercial law, or
    • (2) practicing law related to financial markets and/or regulatory affairs.
  • Applicants with experience in the prediction market industry are especially encouraged to apply.
  • Strong foundation in drafting and negotiating contracts that govern markets, trading, or financial products.
  • Familiarity with CFTC regulations and the legal framework for event contracts, derivatives, or exchange-traded products.
  • Detail-obsessed, pragmatic, and comfortable working in a fast-moving environment where law, markets, and innovation intersect.
NYC Pay Transparency Disclosure:

Salary Range: $100,000 to $250,000 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.

Our Culture

We are a group of people who work hard and get things done, and we're looking for more people like that! Meritocracy is at our core, and we value people who take ownership and figure (usually hard) things out. We think of Kalshi as a family bound together by our mission: we believe that this is the best (and most fun!) way to work. Kalshians are, by far, Kalshi's largest asset and we're obsessed with growing and investing in our people.

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.

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The Company
HQ: New York, NY
203 Employees
Year Founded: 2019

What We Do

Kalshi is the largest legal prediction market in the U.S., enabling traders to buy and sell contracts on the outcome of real-world events- from interest rate decisions and inflation numbers to whether a bill passes Congress or a major company CEO steps down.

Approved by the CFTC, Kalshi created a new asset class called event contracts, which allow market participants to hedge against uncertainty or capitalize on upcoming events with economic impact. It's the first platform to bring this level of legitimacy and accessibility to the prediction market space.

Backed by Sequoia, Y Combinator, Charles Schwab, and Henry Kravis, Kalshi is bridging the gap between traditional finance and real-world speculation.

Kalshi markets are now available on Robinhood and Webull, making event trading more accessible than ever.

Why Work With Us

Mission-driven: Kalshi is building the next frontier of financial markets prediction markets.
Massive opportunity: Prediction markets are a multi-trillion-dollar asset class.
Regulatory advantage: We are the first and largest federally regulated prediction market.
High-impact environment: Every team member has direct ownership.

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Kalshi Offices

OnSite Workspace

Typical time on-site: None
HQNew York, NY

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