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Credit Lead (Underwriter), Institutional Lending & Liquidity

Remote, Madrid·Full-time·Added 2 days ago

Still open when we checked on 8 Oct

Tether

19 open roles

Overview

Job details

  • Permanent contract

    Full-time.

  • Fully remote

    Per the ad.

Requirements

  • Have the right to work in Spain

    Tether doesn't mention sponsorship in the ad.

  • Work in English

    English is required, per the ad.

  • Have 10+ years of experience

    Senior-level role.

Skills

Requirements

What we're looking for

  • 10+ years of relevant credit experience.

  • Strong experience in credit underwriting and structuring, rather than purely credit analysis.

  • Previous experience with fintech & payments is mandatory.

  • Background in institutional lending, private credit, venture debt, specialty finance, or a similar environment.

  • Experience establishing or developing credit policies, processes, or risk frameworks.

Nice to have

  • Crypto, digital assets, or stablecoin experience is a plus, but not required.

The role

Tether Capital is launching a new credit vertical focused on providing short-term liquidity and credit facilities to fintech companies, payment providers, exchanges, and other financial institutions.

We are looking for a Credit Lead (underwriter) focused on institutional lending and liquidity to join this new initiative and help build the credit function from the ground up.

This is a hands-on role for someone with strong experience in credit underwriting and structuring, who is comfortable assessing businesses, making credit recommendations, and developing the policies and processes needed to support a growing lending platform.

What you'll do

  • Underwrite and structure credit facilities, including revolving credit facilities, working capital loans, and liquidity facilities.

  • Analyse companies' financial statements, cash flows, liquidity position and repayment capacity.

  • Determine appropriate lending amounts, terms, covenants, security, and other risk protections.

  • Develop credit policies, underwriting guidelines, templates, and concentration limits from scratch.

  • Monitor credit risk and borrower performance and establish appropriate risk-monitoring processes.

  • Support the development and scaling of the new credit business.

About Tether

Tether is a technology company operating in the crypto/fintech sector, best known as the issuer of USDT, the world's largest stablecoin by market capitalization. The company provides digital currency infrastructure and financial services, including stablecoin issuance, trading, and related blockchain-based solutions. Tether operates globally with a significant remote-first workforce, and its scale is substantial within the crypto industry, handling billions of dollars in daily transaction volume.

Tether has a fully remote presence in Spain, with roles such as Account Managers, Blockchain Expansion Managers, and AI/Software Engineers being offered as 100% remote positions. The company is known for a remote-first, distributed work culture, making it highly relevant for international professionals seeking flexible, location-independent roles in the crypto and fintech space. Tether's Spanish hiring is part of a global expansion strategy, and the company actively recruits talent worldwide.

Industry
Crypto / Fintech
Founded
2014
Employees
50–200
Headquarters
Hong Kong, Hong Kong
Website
tether.to

Good to know if you are moving

  • Tether operates a fully remote-first model, so all roles in Spain are 100% remote — no relocation to a Spanish city is required.
  • The company is a major player in the crypto industry, offering exposure to stablecoin infrastructure and blockchain technology.
  • Roles span engineering, AI research, marketing, and compliance, giving international professionals a broad entry point.
  • As the issuer of USDT, Tether is a globally recognized brand within the crypto ecosystem.
  • The hiring process and day-to-day work are conducted in English, making it accessible for non-Spanish speakers.
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