Risk Analyst

About Morpho

Morpho is a leading Decentralized Finance (DeFi) lending protocol that recently secured $50 million from Ribbit Capital, a16z crypto, Coinbase Ventures, Variant, Brevan Howard, Pantera, Blocktower, and 50 others to build an open lending network giving anyone, anywhere, access to the best possible terms. Morpho is experiencing explosive growth, with over $10 billion in deposits on the network, solidifying itself as the new standard for DeFi lending. Now, Morpho is scaling its team of contributors to establish itself as a cornerstone, not just of DeFi, but of a new internet-native financial system.

Our Mission

Morpho’s mission is to power human ambition with open access to capital. Human ambition has no borders, but the capital to fuel it does. Today’s financial system is closed and fragmented. No one sees all opportunities, most overpay, and some are excluded entirely. We believe capital should flow efficiently to where it’s needed most — giving anyone, anywhere, access to the best possible terms.

Location

Paris or remote (from -5h GMT up to +2h GMT to ensure sufficient overlap with the rest of the team).

How we work

We move fast on hard problems in a nascent market with no set playbook : navigating uncertainty is part of the job. You’ll be challenged: anyone can question work and decisions must be justified. We keep a high bar and match it with high support: we help each other unblock and share context openly, with low ego. More about our values: morpho.org/jobs.

Role

The mission of this role is to bridge TradFi risk expertise and DeFi protocol mechanics, enabling Morpho to confidently onboard institutional integrators by providing rigorous risk analysis, actionable data insights, and clear guidance on how traditional financial standards interface with on-chain realities.

Responsibilities

• Advise TradFi integrators on risk management frameworks to help them confidently adopt the Morpho protocol while meeting their regulatory and internal standards.

• Translate complex DeFi mechanisms (curator behavior, liquidations, on-chain risk) into language and frameworks familiar to traditional finance to accelerate institutional adoption.

• Execute independent data analysis using SQL, Python, or Dune to answer critical questions from both internal teams and external partners.

• Build and maintain dashboards and queries that surface key risk metrics to empower decision-making across integration and product teams.

• Develop deep expertise in Morpho's protocol architecture and risk model to serve as the go-to resource for risk-related questions.

• Educate DeFi-native colleagues on TradFi conventions and standards to strengthen Morpho's ability to speak the language of institutional clients.

• Identify data gaps and edge cases in integration scenarios to proactively mitigate risks before they impact integrators or end users.

What Success Looks Like

In your first 30 days:

You'll develop a detailed understanding of the Morpho stack, how integrations are architected, and what curators and integrators need. You'll write initial Dune queries or Python scripts independently to deepen your grasp of the protocol and begin contributing to internal discussions.

By Month 4–6:

You'll actively contribute to TradFi integration initiatives as a subject matter expert on topics like liquidations or curator actions. You'll answer ad hoc questions with confidence and build queries or dashboards that others—internally and externally—find genuinely useful.

By Month 12:

You'll own a critical dashboard, query, or data source that the team relies on. You'll lead or co-own a TradFi integration, acting as the trusted risk advisor who ensures both technical rigor and institutional credibility.

Requirements

Competencies & Traits

Adaptability: You thrive in a fast-moving, remote-first environment where priorities shift and new integration challenges emerge regularly.

Calm Under Pressure: Urgent requests pile up—especially on the integration team—and you stay composed, prioritize effectively, and deliver clarity when it's needed most.

First-Principles Thinking & Bias for Action: You challenge assumptions, dig into details and edge cases, and act with ownership. You adjust quickly when new information surfaces.

Low Ego & Collective Success: You're willing to ask questions and learn from partners, but you also push back when needed. Mission comes before personal goals; you share credit and operate transparently.

Crypto Curiosity & Continuous Learning: You have genuine appetite for the DeFi ecosystem and are eager to deepen your expertise in how crypto infrastructure works.

Must-have Experience

• 5+ years of TradFi experience in trading, risk management, or quantitative research at a front-office role (large bank, hedge fund, or market maker).

• Quantitative expertise: Extensive hands-on experience using programming tools (SQL, Python, R, or similar) to answer critical business questions and provide actionable guidance.

• Crypto experience: Professional experience in DeFi or crypto is ideal; alternatively, deep personal experience is acceptable. You should be able to explain how MEV works at a high level, have used DeFi protocols and self-custody wallets, and ideally have experience with analytics platforms like Dune.

• Demonstrated ability to manage disagreements about risk assessments and to develop risk frameworks for novel strategies or new instruments.

• Intermediate to expert-level knowledge in both DeFi and TradFi—ideally expert in one, intermediate in the other. We're not looking for someone who needs to be taught basic concepts from scratch in either domain.

Perks & benefits:

We design benefits around deep work and growth, so you can do the best work of your career. Expect fair, top-tier compensation, real flexibility, time together in Paris, great health coverage, and support to keep learning.

Equal opportunity

We welcome applicants from all backgrounds and hire based on talent, potential, and values alignment.

Ready to shape the future of finance?