Credit Lead (Underwriter)-fintech & payments expertise

Tether; Greater London; Hybrid; GBP 120,000 - 190,000; Full time

Job summary

Tether Capital, launching a new credit vertical, seeks a Credit Lead (underwriter) to build the function from the ground up in London. This hands-on role requires deep expertise in underwriting, structuring, and risk management for institutional lending across liquidity facilities and working capital loans.

The candidate will shape credit policies, templates and concentration limits, monitor portfolio risk, and collaborate with the team to scale the lending platform.

Qualifications

• 10+ years of relevant credit experience.
• Strong experience in credit underwriting and structuring.
• Fintech & payments experience is mandatory.
• Background in institutional lending, private credit, venture debt, or similar.

Responsibilities

• Underwrite and structure credit facilities, including revolving facilities and liquidity facilities.
• Analyze financial statements, cash flows, liquidity and repayment capacity.
• Determine lending amounts, terms, covenants, security, and protections.
• Develop credit policies, underwriting guidelines and risk frameworks from scratch.
• Monitor credit risk and borrower performance; establish risk-monitoring processes.
• Support the development and scaling of the new credit business.

Skills

Credit underwriting

Credit structuring

Financial analysis

Fintech payments

Job description

The role:

Tether Capital is launching a new credit vertical focused on providing short-term liquidity and credit facilities to fintech companies, payment providers, exchanges, and other financial institutions.

We are looking for a Credit Lead (underwriter) focused on institutional lending and liquidityto join this new initiative and help build the credit function from the ground up.

This is a hands-on role for someone with strong experience in credit underwriting and structuring, who is comfortable assessing businesses, making credit recommendations, and developing the policies and processes needed to support a growing lending platform.

Key Responsibilities:

• Underwrite and structure credit facilities, including revolving credit facilities, working capital loans, and liquidity facilities.

• Analyse companies' financial statements, cash flows, liquidity position and repayment capacity.

• Determine appropriate lending amounts, terms, covenants, security, and other risk protections.

• Develop credit policies, underwriting guidelines, templates, and concentration limits from scratch.

• Monitor credit risk and borrower performance and establish appropriate risk-monitoring processes.

• Support the development and scaling of the new credit business.

Requirements:

• 10+ years of relevant credit experience.

• Strong experience in credit underwriting and structuring, rather than purely credit analysis.

• Previous experience with fintech & payments is mandatory.

• Background in institutional lending, private credit, venture debt, specialty finance, or a similar environment.

• Experience establishing or developing credit policies, processes, or risk frameworks.

• Crypto, digital assets, or stablecoin experience is a plus, but not required.