Overview

Our mission is to accelerate the adoption of cryptocurrency so that you and the rest of the world can achieve financial freedom and inclusion. In our first decade, Kraken has risen to become one of the largest, most successful and respected crypto exchanges on the planet.

We are changing the way the world thinks about finance and our range of successful products are playing a critical role in the mainstream adoption of crypto assets. We continue to trail-blaze into new territory with the introduction of Kraken Bank, providing a more seamless integration between crypto and the traditional financial system. This makes us the first crypto company (ever) to be awarded a U.S. state banking charter.

Our diverse group of 2,400+ Krakenites are distributed all over the world as part of our ‘remote first’ culture, united by a shared passion for delighting customers, upholding crypto values and achieving our meaningful mission. We attract people who push themselves to improve, are radically transparent and think differently in order to unlock their potential.

Crypto is a rapidly evolving industry and we’re just getting started. We’re growing fast and you’re invited to join the revolution!

About the role:

The Head of Investments will build out and oversee a team of experienced investment professionals responsible for investing and driving yield across our fiat and crypto balances, securities’ investments and FX execution while maintaining a best in class risk management culture in support of the growth and success of Kraken.

What you will do:

  • Build out and oversee trading and investment activities for Treasury
  • Identify and implement trading strategies to capture opportunities within the cryptocurrency (Spot, Altcoins derivatives, DeFI) and fixed income markets in line with investment objectives and constraints
  • Establish a framework for evaluating opportunities across various strategies
  • Demonstrate exceptional proficiency in managing portfolio risk
  • Perform ongoing monitoring of investment portfolio including risk reporting, trade ideas and asset allocation analyses.
  • Develop, maintain and enhance trading models, algorithms and systems
  • Own and ensure compliance with the enterprise-wide investment policy and standards; establishing the requirements for delivering investment returns across fiat, crypto and securities’ portfolios
  • Understand the impact of investment decisions and positions on the overall liquidity of the balance sheet and risk/return trade-offs.
  • Cross functional coordination with the other Finance functions, products, business lines, risk management
  • Responsible for FX and interest rate risk hedge execution
  • Participate on the Balance Sheet Management Committee(BSMC) including preparation materials for discussion
  • Perform other duties as assigned

Who you are:

  • Minimum 10+ years of investment experience within financial services, investment management firm, fund complex or Treasury
  • Minimum 5 years of relevant work experience (eg. investment / trading cryptocurrency markets – Spot, derivatives, DeFI) with a track record of generating alpha; Extremely strong FX trading experience may be considered.
  • Advanced Quantitative degree in Finance or other quantitative field (eg. mathematics, physics, statistics, etc.)  Ph.d/ MBA Preferred.
  • Technically proficient (Python, SQL, C++, Rust, Go, etc.)
  • Experience building, implementing trading bots including risk parameters
  • Strong knowledge of digital assets, blockchain technologies, and decentralized finance (DeFI) protocols (liquidity pools, yield farming, staking, smart contracts, NFTs)
  • Experience trading cryptocurrency markets (Spot, derivatives, DeFI) and using various liquidity infrastructure (exchanges and custody platforms).
  • Experience working with engineers; ability to communicate effectively across functions.
  • Ability to manage a team in a virtual/remote setting across multiple time zones
  • Prior experience with  and knowledge of treasury products, interest rate risk / ALM management a plus.

Location tagging #US

We’re powered by people from around the world with their own unique and diverse experiences. We value all Krakenites and their talents, contributions, and perspectives, regardless of their background.

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.