# Risk

**Company:** [Kalshi](https://hotfix.jobs/companies/kalshi)
**Location:** New York, NY
**Role:** Finance & Accounting
**Salary:** $200k – $250k/yr
**Experience:** 4+ years
**Skills:** Risk Management, Margin Models, Stress Testing, Scenario Analysis, Derivatives, Financial Markets, Value At Risk, Residual Interest, Cftc Regulations, Net Capital, Collateral Risk Management, Credit Risk Management, Auto-Liquidation
**Posted:** 2026-08-25

> Own and scale Kalshi Prime’s risk function by developing margin methodologies, stress tests, residual-interest processes, and default-management controls. The role requires FCM or CFTC Swap Dealer risk experience, strong derivatives knowledge, 4–7 years of decision-making experience, and technical modeling ability.

## Job Description

## Responsibilities

### Margin & Exposure Management
- Own and continuously refine Kalshi Prime’s margin methodology so required margin reflects actual position risk.
- Monitor customer positions and concentration in real time, setting house margin above exchange minimums where risk calls for it.

### Stress Testing & Scenario Analysis
- Build and run stress tests modeling how customer portfolios perform under extreme market moves.
- Size potential shortfalls against margin on file.
- Backtest models against historical price action and maintain a live set of tail-risk scenarios as market conditions shift.

### Regulatory Capital & Residual Interest
- Own the residual interest calculation and process, ensuring the firm’s capital contribution to segregated customer funds meets CFTC requirements.
- Monitor net capital and segregated funds compliance.
- Partner with compliance and finance on regulatory risk reporting.

### Default Management & Governance
- Maintain the playbook for an actual customer default.
- Improve auto-liquidation logic and thresholds for manual intervention.
- Prepare risk materials for the Risk Management Committee.
- Assess new products and markets for margin parameters before launch.

## Requirements

- Direct experience managing a risk function at an FCM; CFTC Swap Dealer risk experience is the next closest fit.
- 4–7 years of experience minimum, with a track record as a decision-maker and approver in a risk function.
- Deep fluency in risk and margin models, with the ability to build them independently.
- Strong grounding in derivatives and financial markets, including concepts such as VaR.
- Ability to independently build risk scenarios and forecasts, including residual-interest modeling.
- Working knowledge of the relevant regulatory landscape, or the ability to learn it quickly.
- Technical self-sufficiency and comfort building tools independently.
- Strong multitasking ability across risk, financial markets, and operational demands.

## Compensation & Benefits

- Salary range: **$200,000–$250,000 annually**, plus equity and benefits.

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