Onchain Credit Risk Architect — Remote & Equity

Gauntlet; New York (NY); On-site; USD 160,000 - 195,000; Full time

Benefits offered by this job

Remote first - work from anywhere in U

Regular in‑person company retreats

100% paid medical, dental and vision

$1,000 WFH stipend

Internet/phone/data reimbursement

Unlimited vacation

Parental leave 12 weeks

Fertility benefits

Incentive compensation

Job summary

Gauntlet is seeking a Credit Risk lead to own underwriting standards for institutional on-chain financing. You will define risk models, guardrails, and monitoring cadence across direct lending, structured facilities, and on‑chain/off‑chain securitization, partnering with Capital Markets, Vault Curation, and senior leadership.

You will run full due diligence, build PD/LGD models, set stress scenarios, and maintain on‑chain risk parameters while delivering clear, actionable recommendations to

Qualifications

• 3–6 years in credit risk, structured finance, leveraged finance, or asset‑backed lending at a leading financial institution, credit fund, or fintech lender.
• Hands‑on exposure to direct lending, warehouse facilities, ABS/CLO structuring, securitization, asset‑backed finance, or structured credit.
• Strong grasp of legal/structural credit concepts: SPV formation, bankruptcy remoteness, security‑interest perfection, covenant packages, and waterfall mechanics.
• Portfolio‑monitoring experience: delinquency tracking, covenant compliance, borrower financial review, and early‑warning systems.
• Exceptional written and verbal communication – able to distill complex credit analysis into clear, actionable recommendations for non‑credit stakeholders.
• Experience building or maintaining quantitative risk models in Python or R.

Responsibilities

• Underwrite institutional and on‑chain credit relationships, and build/own the credit models for RWA assets.
• Run the due‑diligence gate for new credit and asset‑issuer relationships: solvency, oracle infrastructure, governance, security posture, historical on‑chain data analysis, counterparty financials and legal structure, redlines, and final deal approval.
• Set the guardrails for each credit product: minimum rate floors, maximum terms, concentration limits per borrower and asset class, eligible collateral, and first‑loss buffer sizing for tranched structures.
• Partner with Capital Markets on structuring: credit input on term sheets; co‑design trust tranches, covenants, and facility limits for securitized products before close.
• Monitor the portfolio: borrower financial condition, covenant compliance, delinquency trends, and NAV integrity; flag deterioration early and work remediation or exit with Capital Markets.
• Stress the book: elevated delinquency, funding‑rate shocks, correlated default, and originator failure — validating that structural protections hold under tail conditions.
• Maintain on‑chain risk parameters: supply caps, LLTV settings, exposure thresholds, and related controls.
• Shape credit terms guidance (what we can offer, at what rate, term, and collateral conditions) and track emerging yield strategies, protocols, and issuers to give Curation a competitive edge.

Skills

Credit risk

PD/LGD modeling

Stress testing

Financial analysis

Communication

Python or R

Tools

Python

R

Job description

Gauntlet is seeking a Credit Risk lead to own underwriting standards for institutional on-chain financing. You will define risk models, guardrails, and monitoring cadence across direct lending, structured facilities, and on‑chain/off‑chain securitization, partnering with Capital Markets, Vault Curation, and senior leadership.

You will run full due diligence, build PD/LGD models, set stress scenarios, and maintain on‑chain risk parameters while delivering clear, actionable recommendations to