Senior Financial Risk Manager, Kraken

• 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
• 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!

Desirable

• 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
• 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
• 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
• 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
• 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
• 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
• 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
• 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