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Live · Open·Digital Assets·Specialist

Quantitative Risk Analyst at a European-incorporated decentralised stablecoin protocol.

Quantitative Risk Analyst reporting to the Head of Risk. Whoever takes this on is choosing whether to own reserve mechanics, peg-defence and liquidation logic end-to-end on something already in circulation, rather than designing them on a system that has not yet launched.

About the firm

Anonymised by default.

A European-incorporated decentralised stablecoin protocol. The protocol holds on-chain reserves and an active governance community. Around 30 staff. The protocol's stablecoin is in active circulation with steady supply growth through 2025 and 2026 as the reserve composition has matured.

We name a client on the mandate page only where the firm has approved publication. Where not named, the description above is intended to be enough for a senior candidate to recognise whether their pattern fits the brief.

The brief

What this seat exists to do.

Quantitative Risk Analyst reporting to the Head of Risk. Senior IC seat with named ownership of the protocol's risk model.

Owns the reserve composition model, peg-defence parameter set, and the liquidation logic that protects the protocol under stress. Works with the protocol engineering team on on-chain risk parameter governance.

Represents the risk function in the protocol's governance forum and in the firm's ongoing engagement with its on-chain risk auditors.

Europe-based; specific location flexible. Quarterly off-sites at the firm's primary office in Paris.

What we are assessing for

  • A current quant risk analyst with verifiable stablecoin, DeFi, or on-chain protocol experience. The seat is not generalist; the candidate has to know what makes a stablecoin reserve model survive stress.
  • Comfort with the protocol's open-source posture — the model and its parameters are public, and the risk function operates in a community-visible way.
  • An understanding of the protocol's governance dynamics. The risk function does not own its parameters in isolation; the candidate has to be able to defend their work in the governance forum.
  • Patterns: a current risk analyst at a peer decentralised stablecoin protocol; a senior quant from a DeFi risk firm; an on-chain risk researcher from a chain-analytics firm with protocol bench.
The firm's read

Spectrum's read on this search.

Whoever takes this on is choosing whether to own reserve mechanics, peg-defence and liquidation logic end-to-end on something already in circulation, rather than designing them on a system that has not yet launched. The work sits with the protocol engineers and reports directly into the founding team, with no management layer in between. The reserve and liquidation parameters are already live, and whoever sets them is publicly identifiable in governance from day one.

— Craig Oliver, Founder & CEO

Introduce yourself

Against this brief.

Spectrum holds first introductions in confidence. Your approach is read by the partner running this search before any external check. We do not share candidate identities with the client until you have agreed to be put forward.

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StatusLive · Open
IndustryDigital Assets
SenioritySpecialist
LocationEurope
PartnerCraig Oliver
OpenedApr 2026
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