Senior Director, Digital Asset Underwriting

Tether Ltd.; Ticino; Hybrid; CHF 180,000 - 300,000; Full time

Job summary

Tether Ltd. seeks a Head of Underwriting to drive underwriting activities across Digital Asset Financing. This senior, hands-on role requires sharp financial analysis, commercial judgment, and deep counterparty risk expertise in a fast-moving market.

You will assess financing opportunities, evaluate institutional counterparties, and structure transactions that balance growth with robust risk controls, collaborating with stakeholders across the organization.

Qualifications

• 7+ years of underwriting, lending, credit risk, or digital asset financing experience.
• Strong financial analysis and counterparty assessment expertise.
• Understanding of collateral types, custody, and transfers.
• Knowledge of margin mechanics, LTV, and risk triggers.
• Experience conducting due diligence on business models and ownership structures.
• Ability to monitor risk, collateral coverage, and margin calls.
• Excellent communication with senior decision-makers.

Responsibilities

• Lead credit assessment from due diligence to approval recommendations.
• Analyze counterparty financials, liquidity, leverage, and trading strategies.
• Evaluate collateral coverage, volatility, and liquidation risks.
• Assess operational and custodial setups of counterparties.
• Structure terms with appropriate LTV, tenor, and covenants.
• Identify and mitigate counterparty, market, and operational risks.
• Prepare clear underwriting assessments and present to decision-makers.
• Monitor exposures and advise on risk mitigation measures.
• Collaborate to ensure efficient transaction execution with disciplined underwriting.
• Continuously enhance underwriting methodologies for evolving markets.

Skills

Underwriting experience

Credit risk

Financial analysis

Collateral management

LTV and margins

Counterparty due diligence

Stakeholder management

Digital assets

Quantitative analysis

Job description

Tether Ltd. seeks a Head of Underwriting to drive underwriting activities across Digital Asset Financing. This senior, hands-on role requires sharp financial analysis, commercial judgment, and deep counterparty risk expertise in a fast-moving market.

You will assess financing opportunities, evaluate institutional counterparties, and structure transactions that balance growth with robust risk controls, collaborating with stakeholders across the organization.