Market Structure

At Kalshi, a Market Structure expert plays a crucial role within the Contracts team. Their responsibilities include researching potential markets for expansion, structuring contracts with an understanding of associated risks, crafting market descriptions that engage traders, collaborating with product development for improved market engagement, and keeping abreast of market trends. This position is vital to ensuring that our prediction markets resonate and thrive.

To thrive as a Market Structure expert at Kalshi, candidates should hold a Bachelor's degree in finance, economics, business, or related fields. Previous experience in market structuring or trading is essential. A robust understanding of financial markets, derivatives, and trading strategies is critical, along with excellent communication skills and a keen intuition for market risks and opportunities.

Kalshi's culture is built on meritocracy, ownership, and a passion for crafting exceptional financial products. We cherish our team members—whom we call Kalshians—and encourage them to dream big while upholding our mission. As a Market Structure expert, you'll be part of a dynamic and inclusive environment where innovation and collaboration take center stage.

In the Market Structure position at Kalshi in New York City, the salary range is between $100,000 and $200,000 annually, complemented by equity and benefits. This range reflects current market data and underscores our commitment to providing competitive compensation for talented professionals in the financial sector.

Kalshi is dedicated to fostering a culture of inclusion and belonging. We are proud to be an equal opportunity employer, meaning all qualified applicants, regardless of background, will receive fair consideration for the Market Structure role. We believe that a diverse team enhances our mission, and we invite candidates from varied backgrounds to apply.

When identifying potential markets, I start with comprehensive research that looks into current trends, market demands, and competitor offerings. I also consider client preferences and ensure there's an opportunity for engagement, aligning with Kalshi’s core mission of creating compelling markets.

My approach to structuring contracts involves a careful assessment of the risks associated with each market. I evaluate who the target traders are, the potential outcomes, and how the structure will ensure liquidity and engagement. Collaboration with other teams is crucial to fine-tuning these aspects.

To enhance market engagement, I prioritize clear communication and compelling market descriptions. Additionally, I establish feedback channels with traders to understand their experiences and adjust strategies accordingly. Involving the product development team also opens avenues for enhancements on the trading platform.

I regularly engage with industry publications, attend finance and trading conferences, and participate in online forums. Maintaining a network of industry professionals also helps me stay updated on regulatory changes and emerging trends that could impact market structures.

Risk assessment is integral to developing market structures, as it informs various contract elements such as pricing, strategy, and target demographics. By understanding potential risks, I can design contracts that appeal to traders while ensuring long-term sustainability and compliance.

In my previous position, I led a team to launch a market focused on climate events. By analyzing data and trends, we structured contracts that attracted significant trader interest. We also marketed it effectively, resulting in high trading volume from day one.

Communication is vital; crafting market descriptions requires clarity and an engaging tone. They need to be simple yet compelling enough to entice potential traders. I always aim to balance concise information with enough detail to inform traders about what to expect.

I welcome feedback as it provides insights into trader experiences and market suitability. I systematically collect this feedback and analyze trends to inform future market structure adjustments, ensuring we continuously refine our strategies for better engagement.

Prediction markets fascinate me because they blend real-world events with economic principles, allowing traders to leverage information in unique ways. I’m excited about the potential to innovate in this space and help shape markets that enhance decision-making.

I am drawn to Kalshi's mission of bringing more truth through markets and its innovative approach to financial trading. The opportunity to work within a dynamic environment that encourages collaboration and creativity aligns perfectly with my passion for building impactful financial products.