Salary
💰 $100,000 - $250,000 per year
About the role
- 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.
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.