Kalshi
Trade on the outcome of events
Legal – Market Contracts
Location
New York
Posted
175 days ago
Salary
$100K - $250K / year
Postgraduate Degree2 yrs expEnglish
Job Description
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.
Ensure every market contract is clear, compliant, and scalable.
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.
Job Requirements
- J.D. and admission to practice in at least one U.S. jurisdiction.
- 2–4+ years of legal experience, ideally: at a mid- or large-sized law firm practicing commercial law, or 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.
Benefits
- Salary Range: $100,000 to $250,000 annually plus equity and benefits.