Credit Risk Analyst

Job Description Roles & Responsibilities Conduct credit risk assessment of tokenized RWA issuers, originators, and underlying asset pools (e.g., private credit, trade finance, real estate, asset-backed facilities) Evaluate tokenized structures and legal wrappers, including collateralization levels, seniority, covenants, and enforcement mechanisms for on-chain and off-chain claims Develop and adapt traditional credit models (PD, LGD, EAD, stress scenarios) and concentration metrics to tokenized instruments and on-chain data Collaborate with legal and structuring to review transaction documentation, term sheets, security packages, and servicing arrangements for RWA deals Design and maintain RWA allocation frameworks for multi-asset RWA vaults, covering limits by issuer, sector, collateral type, tenor, and jurisdiction Contribute to risk curation by balancing yield, duration, liquidity, and credit quality to support market-neutral and conservative yield strategies Partner with DeFi, data, and engineering teams to embed credit risk metrics into internal analytics, monitoring tools, and vault risk parameters Implement ongoing monitoring: exposure dashboards, early warning indicators, covenant tracking, and periodic review of RWA partners and facilities Prepare clear, decision-ready risk memos and recommendations for internal committees and governance processes Support external communication where needed (LP reporting, protocol partners, RWA platforms) on risk methodology and controls Desired Candidate Profile Credit AnalysisFinancial statement analysis, cash flow modeling, collateral evaluation, covenants, and recovery analysis Structured ProductsExperience with securitizations, warehouse lines, or asset-backed facilities Risk ModelingPD, LGD, EAD frameworks, stress testing, concentration metrics adapted to tokenized instruments Regulatory AwarenessFamiliarity with Basel III/IV RWA treatment, collateral haircuts, credit conversion factors Technical SkillsProficiency in Excel; exposure to SQL or Python for data-driven risk analysis CommunicationAbility to produce concise risk memos and explain complex structures to non-specialists Required Experience 3 to 7 years of experience in credit risk, structured credit, private debt, or RWA underwriting at a bank, asset manager, credit fund, or rating agency Strong grasp of credit risk concepts: financial statement analysis, cash flow modeling, collateral evaluation, covenants, and recovery analysis Experience analyzing securitizations, warehouse lines, or asset-backed facilities is highly valued Solid analytical toolkit with proficiency in Excel; exposure to SQL or Python for data-driven risk analysis is a plus Desired Qualities Genuine interest in DeFi, tokenization, and RWA vaults, with a willingness to learn on-chain mechanics and protocol design Familiarity with RWA and regulatory capital concepts (Basel III/IV RWA treatment, collateral haircuts, credit conversion factors) Strong written and verbal communication skills, with the ability to produce concise risk memos and explain complex structures to non-specialists Self-starter mindset, comfortable operating in a fast-moving, entrepreneurial, and cross-functional environment Company Industry BankingFinancial ServicesBroking Department / Functional Area FinanceTreasury Keywords Credit Risk Analyst Get real-time job updates only on our App