Margin Operations (Overnight)

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.

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
• Cook up with clearing members, counterparties, and custodians to resolve margin disputes and settlement issues
• 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
• A 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

Pay & Benefits

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.

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.

Commitment to Equal Opportunity

We are 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.