Head of Underwriting - Digital Asset Financing

As Head of Underwriting at Tether, you drive underwriting activities across Digital Asset Financing. This is a senior, hands-on role requiring strong financial and credit analysis capabilities, sound commercial judgement, and a deep understanding of counterparty risk. You assess financing opportunities, evaluate institutional counterparties, and structure transactions that balance commercial objectives with robust risk management. Working closely with internal stakeholders, you play a key role in evaluating complex transactions and supporting informed, timely decisions in a dynamic market.

What you'll do

• Lead credit assessments of borrowers (funds, miners, trading firms, corporates) from initial due diligence through transaction evaluation and approval recommendations
• Analyse counterparty financial statements, liquidity, leverage, trading strategy, business models and overall creditworthiness
• Evaluate digital asset collateral, collateral coverage, market volatility, liquidity and liquidation risks, where applicable
• Assess operational and custodial setup of counterparties
• Structure terms, recommending appropriate LTV, tenor, covenants and margining
• Identify and assess counterparty, market, concentration and operational risks associated with proposed transactions
• Prepare clear, evidence-based underwriting assessments and present recommendations to relevant decision-makers
• Monitor existing exposures, identify emerging risks and recommend appropriate mitigation measures
• Collaborate with internal stakeholders to facilitate efficient transaction execution while maintaining disciplined underwriting standards
• Continuously enhance underwriting methodologies in response to evolving digital asset markets, products and risk dynamics

About Tether

Tether is a global fintech leader operating Tether Finance (featuring USDT, the world's most trusted stablecoin), Tether Power (energy solutions for Bitcoin mining), Tether Data (AI and peer-to-peer infrastructure including the KEET app), Tether Education (digital learning), and Tether Evolution (technology innovation). The company operates as a remote-first global team.