To drive the execution of Keyrock's bilateral and on-chain borrowing activities

• You will be responsible for the "plumbing" of our debt operations—structuring fixed and floating rate loans, optimizing collateral efficiency through rigorous scoring, and managing our institutional lending relationships
• This is a role for a technical trader who understands that alpha is often found in superior collateral management and rate structuring
• Bilateral & On-Chain Lending: Execute and manage the end-to-end lifecycle of borrowing and lending transactions
• This includes negotiating bilateral term sheets with institutional counterparties and managing liquidity across DeFi money markets (e.g., Aave, Morpho, Euler)
• Rate Structuring (Fixed & Float): Manage the firm's interest rate profile
• You will monitor the spread between fixed-term institutional loans and floating-rate DeFi protocols, identifying when to lock in term funding versus staying floating based on market volatility and STIR (Short-Term Interest Rate) trends
• Collateral Scoring & Haircut Optimization: Develop and maintain a proprietary collateral scoring framework
• You will determine appropriate haircuts for various asset classes (Fiat, Stablecoins, Blue-chip Crypto, and RWAs) based on liquidity, volatility, and smart contract risk
• Contractual Execution: Work closely with Legal and Risk to navigate ISDA/GMRA-like frameworks in a digital asset context
• You should be comfortable discussing rehypothecation rights, delivery-versus-payment (DvP), and event-of-default triggers
• Technical Automation: Use Python to build tools that monitor real-time "Health Factors" and LTVs
• You will automate interest rate tracking across fragmented venues and build dashboards that score counterparty risk and collateral quality dynamically
• Counterparty Management: Act as a primary point of contact for institutional lenders and liquidity providers
• You will represent Keyrock's desk to ensure we are the "borrower of choice" by maintaining transparent and data-driven reporting on our collateral positions

Entrepreneurial Drive: You enjoy the "blank canvas" of the crypto markets

• Senior Repo & Lending Trader
• The STIR/Repo Foundation: 4–7 years of experience on a Repo, Securities Lending, or STIR desk
• You must have a deep understanding of the mechanics of secured financing, including margin calls, substitution of collateral, and term structures
• Analytical Rigor: Proven ability to "score" assets
• You don't just accept a 20% haircut; you can explain the quantitative reasoning behind why a haircut should be 15% or 25% based on market depth and liquidation slippage
• Technical Proficiency: Strong Python skills are non-negotiable
• You will be expected to script your own monitoring tools and query on-chain data to verify protocol health or collateral balances
• You are eager to take TradFi repo concepts and rebuild them for a 24/7, high-velocity digital environment
• Knowledge of DeFi Mechanics:
• Required: Understanding of how over-collateralized on-chain lending works (utilization curves, liquidation logic)

A crypto enthusiast who's driven, collaborative, acts with ownership and delivers solid, scalable outcomes

• A competitive salary package
• Autonomy in your time management thanks to flexible working hours and the opportunity to work remotely

The freedom to create your own entrepreneurial experience by being part of a team of people in search of excellence