Head of Lending

The Head of Lending will lead Kraken's global lending business, encompassing both on-platform and OTC activities, and collaborate with Product, Risk, Trading, Institutional Sales, Legal, Compliance, and Engineering to expand Kraken's lending footprint and optimize balance sheet efficiency. Responsibilities include owning and scaling the lending business by leading strategy, product, and execution across all lending functions, taking full ownership of P&L and balance sheet performance, and driving growth and optimizing ROI for yield-generating products. The role involves deploying and managing lending strategies to enhance revenue and capital efficiency, working with Treasury and Risk for prudent balance sheet utilization, risk-adjusted returns, and regulatory readiness. The Head of Lending will also design and develop innovative yield solutions for institutional clients, partner with Sales and Trading to expand distribution, and work with cross-functional teams to build and scale infrastructure, improve risk frameworks, and ensure product and operational readiness. Staying at the forefront of lending innovation in crypto and traditional finance, identifying new trends in collateral, risk mitigation, custody, and structured products to inform and expand the platform’s competitive edge is also a key responsibility.