Margin Operations

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
• Coordinate with clearing members, counterparties, and custodians to resolve margin disputes and settlement issues
• Monitor market activity and liquidity conditions overnight, flagging developments that could affect risk exposure
• 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
• 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 — shift handoffs and escalation memos need to be clear and actionable