Head of Lending

Salary: $168K - $269K Location Type: Remote Employment Type: Full-Time

Building the Future of Crypto

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.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

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!

Proof of Work

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