Head of Structured Solutions (Remote - Work from Anywhere)

As Head of Structured Solutions at Xapo Bank, you will take ownership of an established, revenue-generating credit fund and set the strategic direction for the bank's structured product offering. You will report directly to the CFO, own the house view on structured product strategy, and act as the primary interface with the external licensed Investment Manager and the Investment Committee. From day one, you will have a live book with existing counterparties, an established governance process, dedicated analyst support, and the mandate and budget to grow the team as the function scales.

What you'll do

• Set the strategic direction and house view for structured investment solutions, identifying and designing new structured products for the Xapo client base, including yield products, tokenisation initiatives, Bitcoin Backed Loans, and other new structures from concept through to launch.
• Lead delivery of new structures from payoff profile through to delivery mechanism, including regulatory consequences, and drive the internal investment committee monthly forum with the CEO, CFO, and Head of Product on new ideas, products, and structures.
• Own comprehensive initial due diligence on prospective counterparties and ongoing due diligence on existing ones, covering counterparty financial analysis, business processes, and risk evaluation, and produce credit assessments in a standardised, committee-ready format.
• Maintain ongoing credit risk oversight of the book, ensuring positions are managed appropriately and the fund operates within its mandate, and set, monitor, and enforce exposure, concentration, and limit frameworks.
• Identify and originate new counterparties for the fund to lend to, prepare and present due diligence and lending proposals through the Investment Committee, and support Legal in negotiating fund documentation through to close.
• Maintain and evolve counterparty relationships across the life of each facility, keeping engagement current across all commercial and operational matters.
• Act as the primary point of engagement with the external licensed Investment Manager on regulated fund management activity, maintaining constant contact.
• Oversee fund operations and accounting, liaising with the fund administrator and fund accountant to ensure NAV is struck correctly, support reconciliation efforts, and allocate coin and capital inflows from investors sourced by Xapo.
• Represent the fund internally, keeping the wider Xapo organisation informed on positioning, activity, and performance.
• Work closely with Treasury on risk evaluation, trading and execution, and system requirements, and contribute banking input on ALCO, stress testing, and pricing.
• Work alongside the Risk function on price risk and credit risk evaluation, system requirements, and regulatory consequences.
• Build, manage, and develop the Structured Solutions team, mentoring junior analysts and expanding the bench as the function grows, with the mandate to shape the team's size and composition over time.
• Enable the team by surfacing and resolving blockers quickly, running regular one-to-ones, and taking ownership of team wellbeing.
• Ensure institutional knowledge is documented and durable, contributing to and maintaining the investment team knowledge portal so that the function is not dependent on any single individual.
• Act as an internal reference point for technical, market, and crypto-ecosystem questions, contributing to projects across the business where relevant.
• During the initial transition period, work alongside outgoing senior team members to absorb institutional knowledge, models, data, and counterparty context.

What you bring

• Substantial experience in investment management, structured products, or digital asset markets, including senior ownership of a product, credit, or trading function.
• Demonstrable credit underwriting and counterparty risk experience, ideally including unsecured lending, with the judgement to say no to a deal that prices well but underwrites badly.
• The ability to diligence both sides of the market: regulated financial institutions using audited financials, capital position, and covenant analysis; and crypto-native counterparties, including the limitations of proof-of-reserves, custody and rehypothecation risk, venue and exchange exposure, on-chain analysis, and opaque cross-jurisdictional group structures.
• Strong quantitative capability and comfort building or overseeing pricing, risk, and structuring models.
• A track record of designing and launching new financial products, ideally spanning yield, lending, or tokenisation.
• Experience operating through formal governance processes such as investment committees, with the judgement to know when to escalate.
• Demonstrated people leadership: building teams, developing junior talent, and setting a clear technical and strategic direction.
• Familiarity with both Bitcoin and traditional fiat markets, and genuine interest in where digital assets and structured finance intersect.
• Excellent stakeholder management skills, comfortable engaging with external investment managers, counterparties, and internal committees alike.
• A dedicated workspace and a reliable internet connection with the fastest speed possible in your area.

Nice to have

• Exposure to regulated fund structures and working alongside a licensed external investment manager.
• Experience with fund operations, including fund administrators, fund accountants, and the NAV process.
• Existing relationships within digital asset counterparty or institutional investor networks.
• Prior experience standing up or scaling a new team or function within a fintech, bank, or asset manager.
• Balance sheet and treasury experience, including ALCO, stress testing, and pricing within a regulated credit institution.
• Experience taking over an existing book and making it your own, rather than only building from a blank page.

What we offer

• 100% remote work from anywhere in the world
• Flexible PTO plan
• Yearly budget for individual learning and development goals

About Xapo Bank

Xapo Bank is a fully distributed team of over 160 employees working remotely from 50+ countries around the world, headquartered in Gibraltar. The bank is establishing a Structured Solutions function to own and expand its product offering, spanning yield products, tokenisation, asset-backed lending, and new structures at the intersection of digital assets and traditional finance.