Senior Manager, Financial Risk (Crypto & Treasury)
Kraken
Location
United Kingdom; Brazil; Canada; Cyprus; Ireland; Portugal
Employment Type
Full time
Location Type
Remote
Department
Finance & Accounting
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.
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
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 knowledgable 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.
Stay in the know