Head Of Credit Capital Markets in England

About Keyrock: Since our beginnings in ****, we have grown to be a leading change-maker in the digital asset space, renowned for our partnerships and innovation. Today, we rock with over 220 team members around the world. Our diverse team hails from 42 nationalities, with backgrounds ranging from DeFi natives to PhDs. Predominantly remote, we have hubs in London, Brussels, Singapore and Paris, and host regular online and offline hangouts to keep the crew tight. Keyrock runs seven business verticals from market making, DeFi trading and options to institutional OTC trading. The firm is looking to expand and establish itself as a full service financial institution through both organic innovation and inorganic growth. At Keyrock, we are not just envisioning the future of digital assets. We are actively building it.

Mission statement: We are seeking a highly motivated Head of Credit Capital Markets to establish Keyrock's Credit Desk. You will be the driving factor in identifying, strategising and executing Keyrock's vision for its debt capital markets business, spanning both institutional credit and on-chain borrow/lend.

Job description:

• Strategy & management: Develop and execute a cohesive credit strategy that unifies the firm's various credit activities, including on-chain lending, off-chain bilateral loans, structured financing and other. Lead and align cross-functional credit teams to ensure strategic consistency, operational excellence, and measurable results across all business lines.
• Credit Underwriting: Conduct in-depth fundamental analysis of borrowers across Fiat, Crypto, and Stablecoin exposures. Perform detailed reviews of loan tapes, evaluate legal structures (including SPVs and bankruptcy-remote vehicles), and assess the enforceability and quality of collateral across diverse instruments.
• Risk: Design and oversee comprehensive credit risk frameworks covering counterparty evaluation, collateral optimization, and capital allocation. Monitor key performance and risk indicators—including "Health Factors" and smart contract vulnerabilities—on a continuous basis. Develop internal stress-testing models to evaluate portfolio resilience under volatile market conditions. Establish and maintain robust credit policies, exposure limits, and governance standards governing all underwriting and counterparty activities.
• Research: Stay at the forefront of market developments across both traditional institutional credit and emerging on-chain DeFi credit markets. Identify and evaluate new market structures, innovative financing models, client segments, and evolving risk trends to inform strategy and maintain competitive advantage.
• Cross-function leadership and collaboration: Partner closely with trading, treasury, DeFi credit, risk, and legal teams to ensure optimal capital efficiency, strategic alignment, and disciplined risk management across all transactions. Represent the credit business externally: maintain relationships with institutions, borrowers, protocols, and liquidity providers, turning Keyrock's credit desk into a de-facto Credit desk for fiat, crypto and stablecoins.

Required Profile:

• The "TradFi" Credit Foundation: 6+ years of experience in Repo Trading, Prime Brokerage, Structured Finance, or Fixed Income. You must understand cost of funding, collateral haircuts, rehypothecation risks, and ISDA/credit terms.
• Management: A track record of senior management position/s. This role will see you control the whole Credit desk team.
• Technical Skills: The ideal candidate is proficient in Python. You will be expected to write your own scripts to query on-chain data, automate interest rate tracking, and backtest credit strategies.
• DeFi & Smart Contract Proficiency: Preferred: Knowledge of DeFi lending mechanics (AMMs, utilization curves, liquidation logic). Preferred: Ability to read Solidity and review smart contracts to identify basic security risks or non-standard logic before we deploy capital.
• RWA Competency: Demonstrated understanding of the current RWA landscape and the legal mechanisms used to bridge off-chain assets to on-chain tokens.
• Risk Management: Proven track record of managing a book of business, including experience with margin management and liquidation prevention during periods of high volatility.

Our recruitment philosophy: We value self-awareness and powerful communication skills in our recruitment process. We seek fiercely passionate people who understand themselves and their career goals. We're after those with the right skills and a conscious choice to join our field. The perfect fit? A crypto enthusiast who is driven, collaborative, acts with ownership and delivers solid, scalable outcomes.

Our offer: A competitive compensation package, ranging from $250k USD - $300k USD plus commission, bonus and other benefits. 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. As an employer, we are committed to building a positive and 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, we perform background checks on all potential employees, passing which is a prerequisite to join Keyrock.