Senior Manager, Financial Risk (Crypto & Treasury)

Kraken

17d•Remote

About The Position

Building the Future of Crypto Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology. What makes us different? Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world. Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here. As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Desktop, Wallet, and Kraken Futures. Become a Krakenite and build the future of crypto! Proof of work The team Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology. Kraken’s mission is to accelerate the global adoption of crypto so that everyone can achieve financial freedom and financial inclusion. For more than a decade, Kraken has built one of the most trusted and secure platforms in the industry. Crypto markets introduce entirely new categories of financial risk — stablecoin depegs, exchange failures, liquidity fragmentation, on-chain protocol risk, and 24/7 settlement cycles. Managing these risks requires rethinking traditional financial risk frameworks. 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. Become a Krakenite and help build the financial infrastructure of the future. The opportunity As Senior Manager, Financial Risk, you will help design the financial risk architecture that underpins Kraken’s products, treasury, and platform infrastructure. 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.

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 Haves

Familiarity with on-chain analytics or blockchain data
Python or data analysis experience

Responsibilities

Design Financial Risk Frameworks
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
Shape Product & Platform Risk
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
Stress Testing & Scenario Design
Build scenario frameworks to model extreme crypto market conditions such as:
stablecoin depegs
exchange failures
liquidity crises
large market drawdowns
Quantify firmwide impacts on liquidity, collateral, and counterparty exposures
Counterparty & Ecosystem Risk
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
Treasury & Liquidity Risk
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
Risk Systems & Analytics
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
Additional duties and responsibilities as assigned