About the role:

We're looking for a Senior Manager, Financial Risk to help design and build the systems that protect Kraken's balance sheet and ecosystem as the industry evolves. This role is ideal for someone who enjoys building risk frameworks from first principles, shaping how new crypto products launch safely, and working closely with product, treasury, and engineering teams.

Rather than simply monitoring risk, this role focuses on building scalable frameworks that allow Kraken to innovate safely — whether launching new products, expanding into new markets, or integrating with on-chain ecosystems. You will partner with teams across the company to ensure risk considerations are embedded early in product design, rather than applied after the fact.

Responsibilities:

📍Build and evolve Kraken's financial risk frameworks covering counterparty risk, treasury risk, payment rails, and crypto market structure. 📍Define exposure methodologies and risk limits for exchanges, custodians, banks, liquidity providers, and DeFi protocols. 📍Design governance processes that enable safe scaling of Kraken's financial ecosystem. 📍Partner with product and engineering teams to evaluate and shape new products before launch. 📍Identify financial risks across margin, derivatives, staking, DeFi integrations, lending, and payments. 📍Help design risk controls, collateral frameworks, and guardrails that enable safe product innovation. 📍Build scenario frameworks to model extreme crypto market conditions such as stablecoin depegs, exchange failures, liquidity crises, and large market drawdowns. 📍Quantify firmwide impacts on liquidity, collateral, and counterparty exposures. 📍Evaluate financial risks across Kraken's external ecosystem including liquidity providers, market makers, banks, custodians, and DeFi protocols. 📍Develop exposure limits and monitoring frameworks to prevent concentration risks. 📍Design onboarding frameworks for new counterparties and venues. 📍Partner with Treasury to assess risks related to firm investments, liquidity management, and balance sheet exposures. 📍Design frameworks for managing crypto and fiat liquidity across jurisdictions and market conditions. 📍Help design tools and data systems used to measure and visualize financial risk across Kraken. 📍Collaborate with data and engineering teams to build scalable risk analytics infrastructure.

Requirements:

📍7+ years of experience in financial risk, treasury risk, credit risk, or product risk. 📍Experience at a major bank, trading firm, asset manager, fintech, or crypto company. 📍Strong understanding of financial markets, liquidity risk, and counterparty risk. 📍Interest in crypto market structure, stablecoins, and DeFi ecosystems. 📍Ability to build risk frameworks in fast-moving environments. 📍Strong analytical and quantitative problem-solving skills.

Nice-to-have: 📍Familiarity with on-chain analytics or blockchain data. 📍Python or data analysis experience.

If this role isn't the perfect fit, there are plenty of exciting opportunities in blockchain technology, cryptocurrency startups, and remote crypto jobs to explore. Check them on our Jobs Board.