Senior Loan Originator

Join Ethena Labs as a Senior Loan Originator to lead secured lending initiatives in the digital asset space, focusing on overcollateralized stablecoin loans.

Ethena Labs is actively building and deploying a suite of groundbreaking digital dollar products aiming to upgrade money into the internet era.

Our flagship product, USDe, is a synthetic dollar backed by digital assets, and takes the novel approach of using a delta-neutral hedged basis strategy to maintain its peg.

This product scaled from zero to $15b in 18 months.

Expanding on this, iUSDe is designed specifically for traditional financial institutions, incorporating necessary compliance features to enable them to access the crypto-native rewards our protocol generates, in an institutional-friendly manner.

Ethena has also developed USDtb: a fiat backed GENIUS compliant stablecoin in partnership with BlackRock which has scaled to ~$2b.

These products are also offered in a whitelabel stablecoin offering where any application, chain, wallet or exchange can launch their own stablecoin on Ethena's back-end infrastructure.

Through these offerings, Ethena Labs is not just creating new financial products; we are building the foundational infrastructure for a more open, efficient, and interconnected global financial system.

## What you'll do

• •Lead the effort to originate loans with new counterparties, meeting strategic goals to scale the total loan book.
• •Serve as the primary owner for Ethena's secured lending relationships.
• •Champion within the trading team the potential to grow the secured lending allocation of the backing assets of USDe.
• •Create new secured loan structures with Ethena's partners.

## Conditions

• •Join a successful crypto-native company with a mission to revolutionize decentralized finance.
• •Work alongside a passionate and innovative team.
• •Enjoy a flexible, remote-friendly work environment.
• •Opportunities for personal growth and learning.

• •Seasoned experience in credit risk, counterparty risk, or financial markets risk analysis.
• •Secured lending background in digital assets.
• •Strong understanding of the secured lending market in the digital asset space.
• •Proven ability to negotiate lending agreement terms and close complex deals.
• •Strong financial and quantitative analytical skills.
• •Comfort working in a high-trust, flat hierarchy.