Product Designer, Kalshi
$120-250k
+ Equity
Office located in Broadway, New York
Trading platform for future event outcomes
Open for applications
Trading platform for future event outcomes
21-100 employees
Open for applications
$120-250k
+ Equity
Office located in Broadway, New York
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
- 5+ years of experience in product design
- A compelling portfolio showcasing your ability to craft delightful product experiences (show us!)
- Deeply in love with your craft, obsessive over design details, and focused on excellence in execution
- Strong customer intuition and consumer sensibility
- Ability to move fast and adjust quickly, in a dynamic, fast-paced environment
- Passion for prediction markets and/or financial markets
- (Bonus) past experience in consumer fintech or trading
What the job involves
- We are looking for an outlier Product Designer to help craft the experience of prediction markets through elegant and simple UX and delightful product interactions. You will own the core customer journeys, including how our users discover, research, trade, manage their positions in, and reference prediction markets.
- Your role will push you to be close to customers and to bring creative solutions to their needs, including the ones they’re not aware of
- Create awe: build delightful product experiences that make our customers go from liking the product to loving it
- Simplify and distill: promote accessibility to Kalshi and take complicated financial actions and turn them into elegant, simple, and easy to understand product flows
- Research and talk to customers: refine and improve our understanding of our customers and their needs, including those they’re not aware of
- Rapidly produce concepts and prototypes: apply an experimental and iterative mindset to design and solution exploration
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 (2 rounds)
Feb 2021
$30m
SERIES A
Mar 2019
$0.2m
SEED
Total funding: $30.2m
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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