At a Glance
- Tasks: Drive Keyrock's borrowing activities and manage lending transactions in the digital asset space.
- Company: Join a leading innovator in digital assets with a diverse, global team.
- Benefits: Enjoy remote work flexibility, competitive salary, and opportunities for professional growth.
- Why this job: Be at the forefront of digital finance and shape the future of lending.
- Qualifications: Experience in trading, collateral management, and strong analytical skills required.
- Other info: Dynamic work environment with a focus on innovation and collaboration.
The predicted salary is between 72000 - 108000 £ per year.
About Keyrock
Since our beginnings in 2017, 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 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-
Senior Repo & Lending Trader - Digital Assets in London employer: Keyrock
Contact Detail:
Keyrock Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Repo & Lending Trader - Digital Assets in London
✨Tip Number 1
Network like a pro! Reach out to folks in the digital asset space, especially those at Keyrock. Use LinkedIn or industry events to connect and chat about your passion for trading and lending. Remember, it’s all about who you know!
✨Tip Number 2
Show off your skills! Prepare to discuss your experience with bilateral lending and collateral management in detail. Be ready to share specific examples of how you've optimised rates or managed liquidity in past roles. We love seeing real-world applications!
✨Tip Number 3
Stay updated on market trends! Keep an eye on the latest developments in DeFi and institutional lending. Being able to discuss current events and their impact on trading strategies will show us you’re not just knowledgeable but also genuinely interested in the field.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re serious about joining the Keyrock team. Don’t miss out on this opportunity!
We think you need these skills to ace Senior Repo & Lending Trader - Digital Assets in London
Some tips for your application 🫡
Show Your Passion for Digital Assets: When writing your application, let your enthusiasm for digital assets shine through. We want to see that you’re not just looking for a job, but that you’re genuinely excited about the future of this space and how you can contribute to it.
Tailor Your Experience: Make sure to highlight relevant experience that aligns with the role of Senior Repo & Lending Trader. Use specific examples from your past roles that demonstrate your skills in collateral management, rate structuring, and trading strategies. We love seeing how your background fits with what we do!
Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so avoid jargon unless it’s necessary. Make it easy for us to see why you’re a great fit for the team without wading through unnecessary fluff.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our awesome team at Keyrock!
How to prepare for a job interview at Keyrock
✨Know Your Digital Assets
Make sure you brush up on your knowledge of digital assets and the current market trends. Familiarise yourself with key platforms like Aave and Euler, as well as the intricacies of DeFi trading. This will show that you're not just interested in the role but are also passionate about the industry.
✨Master Rate Structuring
Since the role involves managing interest rate profiles, be prepared to discuss your experience with fixed and floating rate loans. Think of examples where you've successfully navigated market volatility and how you approached rate structuring. This will demonstrate your technical expertise and strategic thinking.
✨Showcase Your Collateral Management Skills
Highlight any previous experience you have with collateral scoring and haircut optimisation. Be ready to explain your thought process behind determining haircuts for different asset classes. This will help the interviewers see your analytical skills in action and how you can contribute to their operations.
✨Understand Legal Frameworks
Familiarise yourself with ISDA/GMRA-like frameworks, especially in a digital asset context. Be prepared to discuss how you would navigate these legalities in your role. This shows that you’re not only technically savvy but also aware of the regulatory landscape, which is crucial for this position.