Kraken seeks a Head of Lending to lead our global lending business, covering both on-platform and OTC activities. You will own the strategy, product, and execution across all lending functions, driving growth and optimizing ROI across our yield-generating products.
What You'll Do
- Own and scale Kraken’s lending business across on-platform, OTC, and bespoke institutional solutions.
- Drive profitability and balance sheet optimization through lending strategies that enhance revenue and capital efficiency.
- Expand institutional lending and yield offerings, designing innovative solutions like collateralized lending and rehypothecation structures.
- Collaborate cross-functionally with Engineering, Trading, Risk, Legal, and Sales to build and scale infrastructure and improve risk frameworks.
- Provide market and product leadership by staying at the forefront of lending innovation in crypto and traditional finance.
What We're Looking For
- 8+ years experience in crypto or traditional finance with a focus on lending, credit structuring, or balance sheet management.
- Strong understanding of capital markets, secured lending, collateral frameworks, and Prime Brokerage.
- Proven ability to drive balance sheet ROI, manage credit risk, and structure scalable lending programs.
- Strong background working with institutional clients, understanding their needs, risk appetite, and capital requirements.
- Track record of scaling financial products, strategic thinking, product innovation, and cross-functional execution.
- Solid understanding of risk-adjusted return metrics, collateral valuation, and liquidity management.
- Ability to align stakeholders across Sales, Trading, Product, Legal, Compliance and drive high-impact initiatives.
- Passion for crypto, digital assets, and financial innovation, with ability to balance risk, compliance, and scalability.
Nice to Have
- Experience with derivatives, structured credit, or tokenized collateral.
- Knowledge of DeFi lending protocols and yield strategies.
- Background in traditional repo, securities lending, or prime finance.
Team & Environment
You will work cross-functionally with Product, Risk, Trading, Institutional Sales, Legal, Compliance, and Engineering.
Work Mode
This is a global, fully remote position.
Kraken is an equal opportunity employer.
