About Keyrock
Since our beginnings in ****, we\’ve 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\’re not just envisioning the future of digital assets.
We\’re actively building it.
Mission Statement
We are looking for an entrepreneurial
Senior Repo & Lending Trader
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.
Job Description
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-
Contact Detail:
Keyrock Recruiting Team