Senior Loan Originator
Ethena provides what it calls "Digital Dollars for the Internet Economy" through its primary product, USDe. It aims to offer a globally accessible dollar savings account, allowing users to earn yield on their assets.
Funding
Projects
About Ethena
Ethena is a protocol focused on creating 'Internet Money' through its product, USDe, a digital dollar. The platform emphasizes transparency by providing real-time information on backing assets, weekly proof of reserves, and monthly custodian attestations. Users can utilize USDe in various DeFi applications and on exchanges for purposes like margin collateral. Ethena is actively expanding its ecosystem through partnerships, such as with the Ton blockchain to reach Telegram's user base, and by developing new infrastructure like the Converge blockchain with Securitize to support DeFi and tokenized assets.
Skills
About the Role
You will sit within the team that manages backing assets and originate overcollateralised stablecoin loans backed by tier one digital assets and real-world assets. You will build and manage secured lending relationships, negotiate and close complex lending agreements, design secured loan structures with partners, evaluate collateral frameworks and portfolio exposures, and communicate credit views and progress to risk and investment stakeholders.
Requirements
- Experience in credit risk, counterparty risk, or financial markets risk analysis
- Background in secured lending in digital assets, issuing or originating loans with market makers, prime brokerage, securities financing, or leveraged institutional clients
- Strong understanding of the secured lending market in the digital asset space at institutional, CeFi, and DeFi levels
- Proven ability to negotiate lending agreement terms and close complex deals rapidly
- Strong financial and quantitative analytical skills to evaluate collateral frameworks and portfolio exposures
- Comfort working in a high-trust, flat hierarchy that values asynchronous communication and independent creativity
Responsibilities
- Originate loans with new counterparties to scale the loan book
- Own and manage secured lending relationships and act as a trusted advisor to institutional counterparties
- Drive growth of the secured lending allocation for backing assets
- Design secured loan structures with exchanges, custodians, brokerages, and trading firms that fit the protocol risk profile
- Negotiate and close complex lending agreements
Benefits
- Remote-friendly work environment
- Flexible work arrangements