Senior Manager, Financial Risk (Crypto & Treasury)

Company: Kraken
Apply for the Senior Manager, Financial Risk (Crypto & Treasury)
Location: Greater London
Job Description:

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.

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!

Role Overview

You’re hired as Senior Manager, Financial Risk to help design and build the systems that protect Kraken’s balance sheet and ecosystem as the industry evolves.

Use your expertise to build risk frameworks from first principles, shape how new crypto products launch safely, and work closely with product, treasury, and engineering teams.

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 firm‑wide 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

Skills You Should HODL

  • 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

Unless a specific application deadline is stated in the job posting, applications are accepted on an ongoing basis.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don’t fully meet the listed requirements, especially if you’re passionate or knowledgeable about crypto!

We may ask candidates to complete job‑related skills or work‑style assessments as part of our hiring process. These assessments are designed to evaluate competencies relevant to the role and are applied consistently across candidates for similar positions. Assessment results are considered alongside other relevant information, such as experience and interviews, and are not the sole basis for any employment decision.

As an equal opportunity employer, we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.

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Posted: March 31st, 2026