Head of Liquidity and Capital Markets

Open Standard • San Francisco, CA

19h • Hybrid

About The Position

Open Standard is building Open USD, a programmable global stablecoin designed to make money move instantly and efficiently. The company works with more than 200 partner companies and is expanding Open USD across venues and chains.

The Head of Liquidity and Capital Markets will own the liquidity strategy and execution for Open USD. The role will build markets on relevant on-chain and off-chain venues, support listings where partners trade, and secure acceptance of Open USD as collateral at major protocols. It will build and manage relationships with market makers, exchanges, financial institutions, and blockchain networks, and establish the liquidity function as Open USD scales. The role has a budget, mandate, and team leadership responsibility.

Open Standard is headquartered in San Francisco, with an office in New York. The team is small, senior, entrepreneurial, and offers high autonomy and trust. The position is hybrid, with a mix of in-office and remote days, and is located in San Francisco or New York.

Requirements

• At least 5 years of experience at the intersection of DeFi and business development.
• Detailed knowledge of on-chain market structure, including lending market risk parameters, collateral onboarding, AMM pool design, vault and curator models, incentive mechanisms, and how depth forms in a new pair.
• Understanding of the issuer’s perspective, including mint/redemption flows and depth management under stress.
• Strong relationships with protocol teams, market makers, and DeFi businesses.
• Experience structuring incentive programs and market-maker arrangements that produced durable liquidity, with the ability to show before-and-after outcomes.

Nice To Haves

• Experience at a protocol, stablecoin issuer, exchange, chain, market maker, or crypto-native fintech.
• Experience sourcing and funding liquidity for a new asset and defending the plan to a board.
• Deep knowledge of market-maker commercial structures and ability to distinguish real from artificial volume and depth.
• Quantitative fluency sufficient to independently model incentive returns and market-maker economics.

Responsibilities

• Own the liquidity capital plan across every chain and venue.
• Select and manage market makers and liquidity providers, negotiating loans, incentives, and exposures in partnership with Finance and Legal.
• Negotiate with chains, foundations, and protocols to list, pool, and accept Open USD as collateral.
• Manage exchange listings end-to-end, including due diligence and market-making commitments.
• Build relationships with custodians, oracles, bridges, and on/off ramps.
• Design growth programs that ensure spending drives lasting adoption and usage.
• Lead analytics by mapping partner demand, tracking market depth and volume, monitoring incentive ROI, and managing consultants and data vendors.
• Sequence launches and run the go/no-go process in partnership with the CEO.

What This Job Offers

• Job Type: Full-time
• Career Level: Executive
• Education Level: No Education Listed