Legal, Kalshi
Market Contracts
$100-250k
+ Equity
Trading platform for future event outcomes
Open for applications
Trading platform for future event outcomes
21-100 employees
Open for applications
$100-250k
+ Equity
21-100 employees
Company mission
To allow people to capitalize on their opinions and hedge risks that relate to their everyday lives.
Role
Who you are
- 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
What the job involves
- 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
- 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
- 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
- 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
- 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
Our take
Despite there being a broad choice of investment models, traders have not traditionally been able to invest in the outcomes of future events. Kalshi, as the first federally regulated exchange where users can invest, trade and essentially "bet" on future outcomes, sets out to change this.
The company has launched a unique asset class called "event contracts", where investors can buy simple yes or no contracts based on whether an event will happen or not. Since gaining federal regulation, Kalshi has begun adding expertise in key areas, hiring Google’s Phil Bogle as Director of Engineering and former Nadex CEO Timothy McDermott to the Board of Directors.
The key to the company's future will be maintaining trust with users through transparency, particularly on how more complex or ongoing ‘wagers’ are settled. The team has been backed with funding from Sequoia Capital, who have most likely gauged how valuable the opinion data collected on the site could be to market and political researchers - although the CFTC's reluctance to approve betting on US elections has presented a block in the road for Kalshi's plans to add "the outcome of congressional elections" to its asset options.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-16% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Oct 2025
$300m
SERIES D
Jun 2025
$185m
LATE VC
Total funding: $515.2m
Company benefits
- Work from home opportunities
Company HQ
SoHo, New York, NY
Leadership
Luana Lopes Lara
(Co-Founder)Studied Computer Science at MIT. Researcher at MIT in the Media Lab and later the Computer Science and Artificial Intelligence Laboratory. Worked as a Quantitative Trader at Five Rings Capital and Citadel Securities. Most recently she was a Researcher at the MIT Brain and Cognitive Science Centre.
Tarek Mansour
(Co-Founder)Studied Electrical Engineering and Computer Science at MIT. Started off working in finance, as an Analyst at Audi Capital and Goldman Sachs. Was a Quantitative Trader twice at Five Rings Capital and Citadel Securities.
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