Full-Time

Fraud Engineer

Confirmed live in the last 24 hours

Kalshi

Kalshi

201-500 employees

Regulated exchange for event contracts trading

Fintech
Financial Services

Compensation Overview

$100k - $200kAnnually

+ Equity + Benefits

Mid

Remote in USA + 1 more

More locations: New York, NY, USA

Category
Risk Management
Finance & Banking
Requirements
  • 4+ years of software engineering experience in backend and data systems
  • At least 2 years experience in payment fraud, abuse analysis and investigations
  • Ability to dive into the codebase, intuit how it works, and suggest improvements
  • A voracious and intrinsic desire to learn and fill in missing skills
  • Strong talent for sharing information clearly and concisely with others
  • Comfortable with ambiguity and rapidly changing conditions
Responsibilities
  • Design and build systems for financial fraud detection and remediation while balancing fraud loss, cost of implementation, and customer experience
  • Work closely with finance, security, product, compliance and operations to holistically combat fraudulent and abusive actors on our system
  • Stay abreast of the latest techniques and tools to stay several steps ahead of determined and well resourced adversaries
  • Ship fast and with high quality

Kalshi operates as a regulated exchange where traders can speculate on the outcomes of various events through a unique product called 'event contracts.' These contracts allow investors to bet on whether specific future events will happen, such as changes in Covid-19 statistics or legislative decisions in Congress. The platform expands the traditional futures market by addressing new economic risks that were not previously covered. Kalshi caters to both individual investors and institutional traders, providing them with opportunities to hedge against or speculate on significant events. The company earns revenue by charging transaction fees on trades made on its platform. Kalshi stands out from its competitors by being the first exchange in the U.S. to receive regulatory approval from the Commodity Futures Trading Commission (CFTC) for this type of trading.

Company Stage

Debt Financing

Total Funding

$29.3M

Headquarters

New York City, New York

Founded

2019

Growth & Insights
Headcount

6 month growth

16%

1 year growth

23%

2 year growth

14%
Simplify Jobs

Simplify's Take

What believers are saying

  • Growing interest in event-based trading boosts Kalshi's market potential.
  • Regulatory acceptance of event contracts supports Kalshi's innovative offerings.
  • AI integration enhances predictive analytics, benefiting Kalshi's trading platform.

What critics are saying

  • Increased regulatory scrutiny could limit Kalshi's trading event options.
  • Rising competition may impact Kalshi's market share and growth.
  • Technological disruptions could undermine user trust and financial stability.

What makes Kalshi unique

  • Kalshi is the first US federally regulated exchange for event contracts.
  • Kalshi offers unique exposure to specific events, unlike traditional stocks or bonds.
  • Kalshi's CFTC approval sets it apart in the financial exchange market.

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