Credit Lead (Underwriter), Institutional Lending & Liquidity
Tether Operations Limited · Remote · Posted October 6, 2026
- Who can apply
- Spain
Remote job; Madrid, Spain
- Pay
- Not stated in the posting
- How you’d be employed
- Employee
- Level
- Lead
- Location in the posting
- Remote job · Madrid, Spain
- Skills required
- Credit underwriting
Analyzed from the full posting. Quotes are the posting’s own words.
Apply on Tether Operations Limited’s site
From the posting
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.
Key Responsibilities:
- 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.
Requirements:
- 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.
- Crypto, digital assets, or stablecoin experience is a plus, but not required.