Strategic Market Contracts Counsel

Kalshi; New York (NY); Hybrid; USD 100,000 - 250,000; Full time

Job summary

Kalshi, the first regulated financial exchange for event-based markets, is seeking a.detail-oriented Legal Associate (Market Contracts) to design, draft, and safeguard our market contracts, including event specifications, trading terms, and clearing documentation.

You will ensure contracts comply with CFTC regulations, collaborating with Product, Risk, Growth, and Partnerships to enable rapid market expansion.

Qualifications

• J.D. and admission to practice in at least one U.S. jurisdiction.
• 2–4+ years of legal experience, ideally in commercial law or financial markets/regulatory affairs.
• Experience 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.

Responsibilities

• 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 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 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.

Skills

Legal drafting

Contract negotiation

Regulatory knowledge

Cross-functional collaboration

Education

J.D.

Job description

Kalshi, the first regulated financial exchange for event-based markets, is seeking a.detail-oriented Legal Associate (Market Contracts) to design, draft, and safeguard our market contracts, including event specifications, trading terms, and clearing documentation.

You will ensure contracts comply with CFTC regulations, collaborating with Product, Risk, Growth, and Partnerships to enable rapid market expansion.