Head of Lending

The Head of Lending will lead Kraken's global lending business, covering both on-platform and OTC activities, and work cross-functionally to scale Kraken's lending footprint and maximize balance sheet efficiency. They will own and scale the lending business by leading strategy, product, and execution across all lending functions, taking full ownership of P&L and balance sheet performance to drive growth and optimize ROI. The role involves driving profitability and balance sheet optimization through deploying and managing lending strategies that enhance revenue and capital efficiency, and working with Treasury and Risk to ensure prudent balance sheet utilization, risk-adjusted returns, and regulatory readiness. Additionally, the Head of Lending will expand institutional lending and yield offerings by designing and developing innovative yield solutions for institutional clients and partnering with Sales and Trading to expand distribution and deepen client relationships. They will collaborate with Engineering, Trading, Risk, and Legal to build and scale infrastructure, improve risk frameworks, and ensure product and operational readiness, while staying at the forefront of lending innovation in crypto and traditional finance to identify new trends that expand the platform’s competitive edge.