Head of Credit Capital Markets

Keyrock; A distancia; EUR 208.000 - 251.000; Jornada completa

Descripción de la vacante

A leading firm in digital assets is seeking a Head of Credit Capital Markets to manage their Credit Desk and drive the debt capital markets business. This role involves developing credit strategies for both on-chain and off-chain lending, alongside leading cross-functional teams. Ideal candidates should possess over 6 years of experience in finance, with a strong proficiency in Python and an understanding of DeFi mechanics. A competitive compensation package, flexible work hours, and a commitment to a collaborative work environment are offered.

Servicios

Competitive salary

Flexible work hours

Remote work opportunity

Commission and bonuses

Formación

• 6+ years of experience in Repo Trading, Prime Brokerage, or Structured Finance.
• Proficient in Python and capable of writing scripts for data queries.
• Knowledge of DeFi mechanisms and ability to review smart contracts.

Responsabilidades

• Develop and execute a cohesive credit strategy for on-chain and off-chain activities.
• Lead credit teams to ensure operational excellence and strategic consistency.
• Design credit risk frameworks and monitor performance indicators.

Conocimientos

Repo Trading

Structured Finance

Python proficiency

DeFi lending mechanics

Risk management

Descripción del empleo

Head of Credit Capital Markets – Keyrock

Location : Madrid, Community of Madrid, Spain

Seniority Level : Executive

Employment Type : Full-time

Job Function : Finance and Sales

About Keyrock

Since 2017, Keyrock has become a leading change‑maker in the digital asset space, partnering with institutions and innovators worldwide. Today we are a global team of 220+ members across 42 nationalities, operating out of hubs in London, Brussels, Singapore and Paris, and expanding through both organic innovation and inorganic growth.

Mission Statement

We are seeking a highly motivated Head of Credit Capital Markets to establish Keyrock’s Credit Desk and drive the firm’s debt capital markets business, spanning both institutional credit and on‑chain borrow / lend.

Job Description

Develop and execute a cohesive credit strategy that unifies the firm’s on‑chain lending, off‑chain loans, structured financing and other activities.

Lead and align cross‑functional credit teams to ensure strategic consistency, operational excellence and measurable results.

Conduct in‑depth fundamental analysis of borrowers across Fiat, Crypto and Stablecoin exposures, reviewing loan tapes, legal structures (SPVs, bankruptcy‑remote vehicles) and collateral quality.

Design and oversee comprehensive credit risk frameworks covering counterparty evaluation, collateral optimisation, capital allocation and governance standards.

Monitor key performance and risk indicators—including “Health Factors” and smart contract vulnerabilities—continually and develop stress‑testing models.

Stay at the forefront of market developments in traditional institution credit and emerging on‑chain DeFi credit markets.

Collaborate closely with trading, treasury, DeFi credit, risk and legal teams to optimise capital efficiency and risk management.

Represent the credit business externally, maintaining relationships with institutions, borrowers, protocols and liquidity providers.

Required Profile

The “TradFi” Credit Foundation

6+ years of experience in Repo Trading, Prime Brokerage, Structured Finance or Fixed Income; understanding of cost of funding, collateral haircuts, rehypothecation risks and ISDA / credit terms.

Management

Track record of senior management positions; responsibility for the entire Credit desk team.

Technical Skills

Proficient in Python; expected to write scripts for on‑chain data queries, automate interest rate tracking and back‑test credit strategies.

DeFi & Smart Contract Proficiency

Preferred: Knowledge of DeFi lending mechanics (AMMs, utilisation curves, liquidation logic).

Preferred: Ability to read Solidity and review smart contracts to identify basic security risks or non‑standard logic before deploying capital.

RWA Competency

Demonstrated understanding of the current RWA landscape and legal mechanisms to bridge off‑chain assets to on‑chain tokens.

Risk Management

Proven track record of managing a book of business, including margin management and liquidation prevention during high volatility periods.

Our Recruitment Philosophy

We value self‑awareness and powerful communication skills. We seek fiercely passionate people who understand themselves, their career goals and are crypto enthusiasts who are driven, collaborative and take ownership to deliver scalable outcomes.

Our Offer

A competitive compensation package ranging from $250k to $300k USD plus commission, bonus and other benefits.

Autonomy in time management with flexible hours and the opportunity to work remotely.

The freedom to create an entrepreneurial experience as part of a team that pursues excellence.

As an employer we are committed to building a positive, collaborative work environment. We welcome employees of all backgrounds and hire, reward and promote entirely based on merit and performance.

Due to the nature of our business and external requirements, background checks are performed on all potential employees and passing them is a prerequisite to join Keyrock.

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