Head of Underwriting – Digital Asset Financing

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

📋 Description

• Oversee the credit evaluation of borrowers, which includes funds, miners, trading firms, and corporations, from the initial due diligence phase to transaction assessment and approval recommendations.

• Analyze financial statements, liquidity, leverage, trading strategies, business models, and overall creditworthiness of counterparties.

• Evaluate digital asset collateral, collateral coverage, market volatility, liquidity, and liquidation risks.

• Assess the operational and custodial arrangements of counterparties.

• Structure transaction terms and recommend suitable LTV, tenure, covenants, and margining.

• Identify and evaluate counterparty, market, concentration, and operational risks.

• Prepare evidence-based underwriting assessments and present findings to decision-makers.

• Monitor existing exposures, identify emerging risks, and propose mitigation strategies.

• Collaborate with internal teams to ensure efficient transaction execution while upholding stringent underwriting standards.

• Improve underwriting methodologies in line with the evolving landscape of digital asset markets, products, and risk factors.

⛳️ Requirements

• A minimum of 7 years of relevant experience in underwriting, lending, credit risk, digital asset financing, or a similar domain.

• Strong expertise in financial analysis, counterparty evaluation, loan structuring (LTV, rates, thresholds), and credit risk assessment.

• Knowledge of collateral types, including BTC/ETC, custody, and transfer processes.

• Familiarity with margin mechanics, including margin requirements, collateralization, loan-to-value ratios, margin thresholds, and liquidation procedures.

• Experience in counterparty due diligence, including the assessment of business models, ownership structures, operational capabilities, and pertinent risk factors.

• Proficiency in ongoing risk monitoring, collateral coverage, margin calls, margin breaches, and timely escalation of emerging risks.

• Understanding of digital assets, collateralized financing, cryptocurrency markets, and associated liquidity and volatility risks.

• Proven ability to evaluate complex transactions and provide well-reasoned recommendations based on both quantitative and qualitative analysis.

• Strong commercial insight with the capability to balance business opportunities against prudent risk management.

• Excellent analytical, problem-solving, and critical-thinking abilities, with a keen eye for detail.

• Strong communication and stakeholder management skills, including the ability to convey complex risk considerations to senior decision-makers.

• High levels of integrity, accountability, and independent judgment.

• Capability to thrive in a fast-paced, international environment, adeptly navigating ambiguity and making sound decisions under pressure.

• Proficient English communication skills.

🏝️ Benefits

• The flexibility to work remotely from anywhere in the world.

• The opportunity to collaborate with a global team and leading fintech professionals.