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Gauntlet

Driving understanding and participation in the financial systems of the future.

Credit Risk Analyst

AnalystAnalystFull TimeRemoteSeniorTeam 11-50Since 2018H1B SponsorCompany SiteLinkedIn

Location

New York

Posted

2 days ago

Salary

$160K - $195K / year

Seniority

Senior

Bachelor Degree3 yrs expEnglishOraclePython

Job Description

Credit Risk Analyst

Gauntlet

• Underwrite institutional and on-chain credit relationships, and build/own the credit models for RWA assets — PD/LGD frameworks, vintage loss curves, advance-rate haircut schedules, and stress scenarios. • Run the due-diligence gate for new credit and asset-issuer relationships: structured protocol reviews (solvency, oracle infrastructure, governance, security posture), historical on-chain data analysis, counterparty financials and legal structure, redlines, and final deal approval. • Set the guardrails for each credit product: minimum rate floors, maximum terms, concentration limits per borrower and asset class, eligible collateral, and first-loss buffer sizing for tranched structures. • Partner with Capital Markets on structuring: credit input on term sheets (rate, term, size, collateral, covenants, margin-call triggers); co-design trust tranches, covenants, advance-rate schedules, and facility limits for securitized products before close. • Monitor the portfolio: borrower financial condition, covenant compliance, delinquency trends, and NAV integrity; flag deterioration early and work remediation or exit with Capital Markets. • Stress the book: elevated delinquency, funding-rate shocks, correlated default, and originator failure — validating that structural protections hold under tail conditions. • Maintain on-chain risk parameters: supply caps, LLTV settings, exposure thresholds, and related controls. • Shape credit terms guidance (what we can offer, at what rate, term, and collateral conditions) and track emerging yield strategies, protocols, and issuers to give Curation a competitive edge.

Job Requirements

  • 3–6 years in credit risk, structured finance, leveraged finance, or asset-backed lending at a leading financial institution, credit fund, or fintech lender.
  • Direct credit-underwriting experience: PD/LGD modeling, loss-curve and vintage analysis, advance-rate structuring, covenant design, and stress testing.
  • Hands-on exposure to one or more of: direct lending, warehouse facilities, ABS/CLO structuring, securitization, asset-backed finance, or structured credit.
  • Strong grasp of legal/structural credit concepts: SPV formation, bankruptcy remoteness, security-interest perfection, covenant packages, and waterfall mechanics.
  • Portfolio-monitoring experience: delinquency tracking, covenant compliance, borrower financial review, and early-warning systems.
  • Exceptional written and verbal communication - able to distill complex credit analysis into clear, actionable recommendations for non-credit stakeholders.
  • Experience building or maintaining quantitative risk models in Python or R.
  • Bonus points
  • On-chain credit protocols, DeFi lending markets, or tokenized-asset structures (e.g., Morpho, Aave, tokenized ABS).
  • Crypto-native credit risk: smart-contract risk, oracle failure, depeg events, and on-chain collateral liquidity.
  • Prior work with RWA issuers, fintech lenders, or asset originators — understanding the pipeline and servicing behind the loan tape.
  • Exposure to prime-brokerage credit, repo, or securities financing from a risk perspective.

Benefits

  • Remote first - work from anywhere in the US & CAN!
  • Regular in-person company retreats and cross-country "office visit" perk
  • 100% paid medical, dental and vision premiums for employees
  • $1,000 WFH stipend
  • Monthly reimbursement for home internet, phone, and cellular data
  • Unlimited vacation
  • 100% paid parental leave of 12 weeks
  • Fertility benefits
  • Opportunity for incentive compensation

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