# Capital Markets Lead
**Company:** [Stellar](https://hotfix.jobs/companies/stellar)
**Location:** San Francisco, CA
**Salary:** $160K-$240K
**Experience:** 6+ years
**Skills:** Defi Protocols, Amm, Lending Protocols, Cdps, On-Chain Analytics, Dune Analytics, Blockchain Explorers, Market-Making, Financial Modeling, Tokenomics, Treasury Management, Smart Contract Security, Volatility Management, Risk Management Frameworks
**Posted:** 2026-05-26
> Lead capital deployment, DeFi partnerships, and treasury operations for a blockchain nonprofit. Requires 6+ years finance experience with 3+ years in blockchain/DeFi, plus strong quantitative and on-chain analytics skills.
## Job Description
## DeFi Engagements

- Architect Capital Deployment Strategy: Manage the strategic roadmap for capital deployment to drive ecosystem utility, focusing on the evaluation and integration of high-quality protocols and liquidity solutions that enhance network health and asset accessibility.
- Partnership Negotiation: Drive end-to-end commercial negotiations with institutional co-parties, liquidity providers, market makers, and DeFi protocols.
- Ecosystem Stewardship: Serve as the functional point of contact within the DeFi landscape, cultivating high-level relationships to support the growth, security, and maturity of the ecosystem.

## Token Execution

- Strategic Execution: Facilitate the execution of cryptocurrency sales and treasury management programs, ensuring they align with broader corporate objectives and market conditions.
- Program Economics: Develop and maintain internal options and volatility programs; define the quantitative parameters for execution to optimize program economics.
- Performance Oversight: Monitor the efficacy of sales and liquidity programs against benchmarks, adjusting execution playbooks to reflect real-time market shifts.

## Asset and Protocol Research

- Due Diligence Leadership: Conduct deep research into emerging DeFi protocols and assets prior to deployment. Evaluate tokenomics, governance models, technical viability, and strategic fit.
- Economic Modeling: Gain a comprehensive understanding of the yield dynamics or net carry costs of a strategy, alongside the associated risks. Translate these complex technical outputs into clear, actionable assessments for leadership.
- Engineering Liaison: Partner with Deployment Agencies to conduct security diligence on smart contracts, ensuring proposed integrations meet internal and external security standards.

## Portfolio Health & Risk Management

- Framework Development: Operationalize the company’s risk appetite frameworks. Define and help implement continuous monitoring controls for smart contract risk, concentration risk, collateralization, and credit risk.
- Proactive Mitigation: Identify emerging systemic risks within the portfolio; design and implement hedging or diversification strategies to protect assets.
- Governance & Controls: Ensure that risk limits are not only monitored but actively enforced through automated alerting and reporting.

## Market Operations

- Liquidity Strategy: Monitor market depth, volatility, and liquidity dynamics across key currency pairs. Propose and execute strategies to optimize liquidity.
- Volatility Management: Analyze and manage positions related to volatility. Leverage data-driven insights to propose adjustments to lending and borrowing strategies.
- Operational Excellence: Continuously improve the operations of our digital asset positions, including the architecture of wallet configurations, position documentation, and fund flow routing.

## Reporting & Compliance

- Accounting Collaboration: Act as the primary bridge between Digital Capital Markets and Finance/Accounting. Ensure all complex DeFi activity (lending, AMMs, CDPs) is accurately tracked, audited, and reconciled.
- Executive Reporting: Generate high-level performance and risk reports for leadership, translating complex blockchain data into actionable insights and strategic recommendations.
- Documentation: Oversee the internal documentation for risk management practices, ensuring audit-ready logs for all trading activities and counterparty engagements.

## Requirements

- Bachelor’s degree in Finance, Economics, Computer Science, or a related field. MBA or advanced degree strongly preferred.
- 6–10+ years of professional experience in finance, investment banking, or capital markets; 3+ years of dedicated, hands-on experience within the blockchain/DeFi space.
- Advanced knowledge of on-chain data, DeFi protocols (AMM/Lending/CDPs), and market-making dynamics. Proficiency in using blockchain explorers, on-chain analytics tools (e.g., Dune), and trading platforms.
- Proven track record of presenting complex investment and risk strategies to executive-level stakeholders.
- Strong experience navigating the intersection of traditional accounting requirements and decentralized finance workflows.
- Expert-level quantitative skills. Ability to build, maintain, and interpret complex financial models in the context of high-volatility digital assets.
- Passion for decentralized finance and a proactive approach to staying updated with industry trends.

## Compensation & Benefits

- Base salary range: $160,000-$240,000
- Lumen-denominated grants
- Competitive health, dental & vision coverage with most plans covered at 100% for the employee + any dependents
- Flexible time off + 15 company holidays including a company-wide holiday break
- Generous paid parental leave for all parents, plus paid pregnancy disability leave for birthing parents
- Gym reimbursement ($80 per month)
- Life & ADD (up to $50K), Short & Long term disability
- 401K with 4% match
- Health & Dependent Care FSA Accounts
- Commuter benefits with $250/month employer contribution
- Health Savings Account (HSA) with monthly employer contribution
- Family building benefits through Kindbody
- Wellbeing benefits (One Medical, Rightway, Headspace)
- L&D budget of $1,500/year
- Daily lunch and snacks in the office
- Company retreats
**Apply:** https://hotfix.jobs/jobs/capital-markets-lead-at-stellar-f294d167-51a4-4785-a10f-276ebfb17b5d
**Canonical:** https://hotfix.jobs/jobs/capital-markets-lead-at-stellar-f294d167-51a4-4785-a10f-276ebfb17b5d