Senior Repo and Lending Trader - Digital Assets
About the Role
You will execute and manage the end-to-end lifecycle of borrowing and lending transactions across bilateral and on-chain venues. You will negotiate term sheets with institutional counterparties, monitor and structure the firm's interest rate profile, and optimize collateral haircuts using a proprietary scoring framework. You will build Python tools and dashboards to automate monitoring of health factors, LTVs and interest rates, and collaborate with Legal and Risk on contractual and rehypothecation considerations. You will act as the primary contact for institutional lenders and liquidity providers and maintain transparent, data-driven reporting on collateral and counterparty risk.
Requirements
- 4–7 years of experience on a Repo Securities Lending or STIR desk
- Deep understanding of secured financing mechanics including margin calls and substitution of collateral
- Proven quantitative ability to score assets and justify haircut decisions
- Strong Python programming skills for scripting and on-chain data queries
- Understanding of over-collateralized on-chain lending mechanics including utilization curves and liquidation logic
- Preferred familiarity with real world assets as collateral
- Entrepreneurial drive and experience adapting TradFi concepts to 24/7 digital markets
Responsibilities
- Execute and manage the end-to-end lifecycle of borrowing and lending transactions
- Negotiate bilateral term sheets with institutional counterparties
- Manage liquidity across DeFi money markets such as Aave, Morpho and Euler
- Monitor and structure the firm's fixed and floating interest rate profile
- Develop and maintain a proprietary collateral scoring framework
- Determine and optimize haircuts for various asset classes
- Coordinate with Legal and Risk on ISDA/GMRA-like contractual frameworks
- Automate monitoring using Python and build dashboards for health factors and LTVs
- Score counterparty risk and collateral quality dynamically
- Serve as primary point of contact for institutional lenders and liquidity providers
Benefits
- Flexible working hours
- Opportunity to work remotely
- Autonomy to create an entrepreneurial experience