Head of Structured Solutions

This is a fully remote position, open to applicants in United Kingdom.

📋 Description

• Take ownership and enhance Xapo Bank's structured solutions division, focusing on yield products, tokenization, asset-backed lending, and innovative digital-asset/traditional finance frameworks.

• Manage a well-established, revenue-generating credit fund along with its counterparty relationships.

• Establish the strategic vision and overarching perspective for structured investment solutions.

• Lead the end-to-end development of new products, from concept to launch, including payoff structures, delivery methods, and regulatory implications.

• Facilitate the monthly internal investment committee meetings alongside the CEO, CFO, and Head of Product.

• Conduct initial and ongoing due diligence on counterparties, providing credit assessments suitable for committee review.

• Oversee credit risk management and implement frameworks for exposure, concentration, and limits.

• Source counterparties, prepare lending proposals, assist with legal documentation, and manage relationships throughout the lifecycle of facilities.

• Serve as the main point of contact with the external licensed Investment Manager.

• Supervise fund operations, accounting, NAV calculations, reconciliations, and the allocation of coins and capital inflows.

• Provide advice to the Treasury on risk assessment, trading, execution, systems, ALCO, stress testing, and pricing strategies.

• Build, lead, and develop the Structured Solutions team.

• Document institutional knowledge and act as a go-to resource for technical, market, and crypto-ecosystem inquiries.

• Collaborate with outgoing senior team members during the transition phase.

⛳️ Requirements

• Extensive experience in investment management, structured products, or digital asset markets, including leadership in product, credit, or trading functions.

• Proven track record in credit underwriting and counterparty risk, preferably with experience in unsecured lending.

• Capacity to conduct due diligence on regulated financial institutions using audited financial statements, capital positions, and covenant analyses.

• Ability to evaluate crypto-native counterparties, including assessing proof-of-reserves, custody and rehypothecation risks, venue and exchange exposures, on-chain analysis, and complex cross-jurisdictional group structures.

• Strong quantitative skills with experience in developing or supervising pricing, risk, and structuring models.

• History of designing and launching new financial products, ideally in yield, lending, or tokenization.

• Familiarity with formal governance processes such as investment committees.

• Proven leadership capabilities, including team building and junior talent development.

• Knowledge of Bitcoin and traditional fiat markets.

• Exceptional stakeholder management abilities.

• A dedicated workspace.

• Reliable high-speed internet connection.

• Alignment with Our Values and the Xapo Values-Driven Leadership principles.

🏝️ Benefits

• Fully remote work from any location worldwide.

• Flexible working hours.

• Flexible paid time off plan.

• Annual budget dedicated to personal learning and development objectives.

• Emphasis on collaborative teamwork while allowing for autonomy.

• Work within a high-performance team environment.