Quantitative Risk Manager - Liquidity

Kraken • Full-time • United States; United Kingdom • $96k - $153k / year • 1d ago

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.

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Proof of work

The team

Kraken is seeking a liquidity & funding stress Quantitative Risk Manager to design, build, and operate the firm’s factor-based liquidity and capital stress testing framework.

This role will develop the quantitative backbone of Kraken’s Treasury and Capital Markets function — translating on-chain, exchange, and internal data into actionable stress analytics that inform daily liquidity management, capital allocation, and funding strategy.

The opportunity

Design and maintain factor-based liquidity and funding stress models to measure the firm’s resilience under market and operational stress events
Integrate market and internal data (wallets, exchanges, counterparties, banking flows) into real-time capital and liquidity simulations
Develop and enhance Treasury’s quantitative model library, expanding from first-principles liquidity coverage and funding runoff analyses to advanced jump-diffusion, contagion, and regime-switching models as risk management matures
Partner with Treasury Product Engineering to deliver transparent, data-driven dashboards and stress visualizations through Kraken’s Capital Management Product
Perform sensitivity and factor attribution analysis, explaining how liquidity, counterparty, and funding dynamics impact overall growth capacity and balance-sheet deployment
Document, validate, and communicate models to senior leadership, risk committees, and external partners, ensuring consistency with governance and audit standards
Collaborate cross-functionally with Data, Product, and Finance to define data quality standards and align Treasury risk factors with enterprise metrics
Additional duties and responsibilities as assigned

Skills you should HODL

Bachelor’s or Master’s degree in a quantitative discipline (Finance, Financial Engineering, Applied Math, Physics, or related)
6–10 years of experience in treasury, liquidity risk, capital risk modeling, or market risk, preferably within a trading, fintech, or digital-asset environment
Strong Python programming skills (NumPy, Pandas, SciPy, Monte Carlo simulation engines) and working knowledge of SQL
Demonstrated experience building liquidity or funding stress test frameworks and factor-based capital models

#LI-Remote

This job is accepting ongoing applications and there is no application deadline.

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!

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.

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Compensation Range: $96K - $153K