Senior Loan Originator
Senior Loan Originator
The Role
The Senior Loan Originator will sit within the team that manages the backing assets of USDe. This role blends traditional financial market expertise with deep proficiency in secured lending digital asset markets.
The successful candidate will focus on originating overcollateralised stablecoin loans backed exclusively by tier one digital assets & RWAs. Reporting to the Head of Trading, you will drive outperformance by originating new & incremental business by building new relationships and expanding existing relationships.
What You'll Do
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Lead the effort to originate loans with new counterparties, meeting strategic goals to scale the total loan book that positively impacts and complements the needs of the Ethena protocol.
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Serve as the primary owner for Ethena's secured lending relationships, acting as a trusted advisor to capital allocators and institutional counterparties.
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Champion within the trading team the potential to grow the secured lending allocation of the backing assets of USDe.
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Create new & exciting secured loan structures with Ethena's many partners, from exchanges, to custodians, to brokerages, to trading firms, that fit the risk profile of the protocol to create unique product outcomes.
What We're Looking For
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Seasoned experience in credit risk, counterparty risk, or financial markets risk analysis.
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Secured lending background, most recently in digital assets issuing/originating loans with market makers/crypto-native trading firms, prime brokerage, securities financing, or leveraged institutional clients.
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A strong understanding of the secured lending market in the digital asset space at the institutional, CeFi, and DeFi levels.
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Proven ability to negotiate lending agreement terms and close complex deals in rapid succession with diverse counterparties.
- Strong financial and quantitative analytical skills to evaluate collateral frameworks and portfolio exposures to communicate credit views, and progress updates clearly to risk teams, investment teams, and high-net-worth stakeholders.
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Comfort working in a high-trust, flat hierarchy that values asynchronous communication and independent creativity.
About Ethena Labs
Ethena Labs is at the forefront of the decentralized finance (DeFi) revolution, building innovative Web3 infrastructure that redefines the future of money. We are the creators of USDe, a synthetic dollar protocol designed to provide a censorship-resistant, scalable, and stable cryptocurrency solution, independent of traditional banking systems. Our mission is to empower a global, open financial system by leveraging the power of blockchain technology and crypto-native assets. We cultivate a dynamic and globally remote culture built on trust, innovation, and a shared passion for Web3. Our team comprises brilliant minds dedicated to pushing the boundaries of what's possible in DeFi, fostering an environment where bold ideas are encouraged and collaborative problem-solving thrives. At Ethena Labs, you'll be part of a pioneering team tackling complex challenges and delivering solutions that have a tangible impact on the evolving digital economy. Join Ethena Labs and contribute to shaping the next generation of financial primitives. If you're a talented individual seeking to make a significant mark in the blockchain space, with a desire to work on groundbreaking crypto projects within a flexible, high-performance environment, we invite you to explore opportunities with us. Come build the future of finance, one decentralized block at a time.
Ready to Apply?
To submit your application for this position, please visit Ethena Labs's official website and follow their application process.