Credit Risk Analyst | Tokenized RWA

About Rockawayx

The Opportunity

Credit Assessment & Underwriting

• Conduct credit risk assessment of tokenized RWA issuers, originators, and underlying asset pools (e.g., private credit, trade finance, real estate, asset-backed facilities)
• Evaluate tokenized structures and legal wrappers, including collateralization levels, seniority, covenants, and enforcement mechanisms for on-chain and off-chain claims
• Develop and adapt traditional credit models (PD, LGD, EAD, stress scenarios) and concentration metrics to tokenized instruments and on-chain data
• Collaborate with legal and structuring to review transaction documentation, term sheets, security packages, and servicing arrangements for RWA deals

Allocation Frameworks & Risk Curation

• Design and maintain RWA allocation frameworks for multi-asset RWA vaults, covering limits by issuer, sector, collateral type, tenor, and jurisdiction
• Contribute to risk curation by balancing yield, duration, liquidity, and credit quality to support market-neutral and conservative yield strategies
• Partner with DeFi, data, and engineering teams to embed credit risk metrics into internal analytics, monitoring tools, and vault risk parameters

Monitoring & Reporting

• Implement ongoing monitoring: exposure dashboards, early warning indicators, covenant tracking, and periodic review of RWA partners and facilities
• Prepare clear, decision-ready risk memos and recommendations for internal committees and governance processes
• Support external communication where needed (LP reporting, protocol partners, RWA platforms) on risk methodology and controls

Credit Analysis

Structured Products

Risk Modeling

Regulatory Awareness

Technical Skills

Communication

Required Experience

• 3 to 7 years of experience in credit risk, structured credit, private debt, or RWA underwriting at a bank, asset manager, credit fund, or rating agency
• Strong grasp of credit risk concepts: financial statement analysis, cash flow modeling, collateral evaluation, covenants, and recovery analysis
• Experience analyzing securitizations, warehouse lines, or asset-backed facilities is highly valued
• Solid analytical toolkit with proficiency in Excel; exposure to SQL or Python for data-driven risk analysis is a plus

Desired Qualities

• Genuine interest in DeFi, tokenization, and RWA vaults, with a willingness to learn on-chain mechanics and protocol design
• Familiarity with RWA and regulatory capital concepts (Basel III/IV RWA treatment, collateral haircuts, credit conversion factors)
• Strong written and verbal communication skills, with the ability to produce concise risk memos and explain complex structures to non-specialists
• Self-starter mindset, comfortable operating in a fast-moving, entrepreneurial, and cross-functional environment

Benefits

• We offer a competitive compensation package with flexibility on location and working arrangements:
• Base Salary: Competitive base salary commensurate with experience and seniority
• Performance Bonus: Performance-linked bonus tied to the growth and success of the RWA vault business
• Flexibility: Dubai based or fully remote, with flexibility on working hours and arrangements
• Growth: Opportunity to shape the credit risk framework for a leading institutional player at the intersection of DeFi and RWA

Why Join Rockawayx

• Pioneering Role: Define the credit risk framework for one of the leading institutional players at the intersection of DeFi, RWA, and market-neutral yield
• Ecosystem Access: Direct exposure to top-tier DeFi, RWA platforms, and infrastructure protocols where RockawayX is an active investor and liquidity provider
• Collaborative Team: Work alongside experts in venture investing, quantitative research, engineering, and risk curation
• Scale: Approximately $2bn in assets under management across venture, yield, and infrastructure strategies
• Network: 100+ portfolio companies and deep relationships across the crypto ecosystem