Head of Lending

About Kraken

Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Employment Details

Location Type: Remote Employment Type: FullTime

The Team

As Head of Lending, you will lead Kraken’s global lending business, covering both on-platform and OTC activities. You’ll work cross-functionally with Product, Risk, Trading, Institutional Sales, Legal, Compliance, and Engineering to scale Kraken’s lending footprint and maximize balance sheet efficiency. This is a critical leadership role with high impact and visibility.

The Opportunity

Own and Scale Kraken’s Lending Business

• Lead strategy, product, and execution across all lending functions—on-platform, OTC, and bespoke institutional solutions.
• Take full ownership of P&L and balance sheet performance, drive growth, and optimize ROI across yield-generating products.

Drive Profitability and Balance Sheet Optimization

• Deploy and manage lending strategies that enhance revenue and capital efficiency.
• Work with Treasury and Risk to ensure prudent balance sheet utilization, risk-adjusted returns, and regulatory readiness.

Expand Institutional Lending & Yield Offerings

• Design and develop innovative yield solutions for institutional clients—including collateralized lending, rehypothecation structures, and integrated margin solutions.
• Partner with Sales and Trading to expand distribution and deepen client relationships.

Cross-Functional Collaboration

• Work alongside Engineering, Trading, Risk, and Legal to build and scale infrastructure, improve risk frameworks, and ensure product and operational readiness.
• Align lending strategies with Kraken’s broader institutional roadmap.

Market and Product Leadership

• Stay at the forefront of lending innovation in crypto and traditional finance.
• Identify new trends in collateral, risk mitigation, custody, and structured products to inform and expand the platform’s competitive edge.

Skills You Should HODL

Lending & Structured Product Expertise

• 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.

Balance Sheet and Risk Acumen

• Proven ability to drive balance sheet ROI, manage credit risk, and structure scalable lending programs across multiple client segments.

Institutional Client Mindset

• Strong background working with institutional clients—understanding their needs, risk appetite, and capital requirements.
• Ability to design lending products aligned to their goals.

Product and Strategy Leadership

• Track record of scaling financial products.
• Adept at strategic thinking, product innovation, and cross-functional execution.

Quantitative and Analytical Rigor

• Solid understanding of risk-adjusted return metrics, collateral valuation, and liquidity management.