Head of Franklin Crypto Private Credit

Location: New York

At Franklin Templeton, we believe success is built through powerful partnerships. As a forward thinking asset manager, we build dynamic relationships with clients, understand their goals, and navigate complex markets together. We leverage cutting edge strategies and deep insights to unlock opportunities for long term wealth creation. Our talented, global teams bring expertise that is both broad and unique.

From our welcoming, inclusive, and supportive culture to our globally diverse business, we offer opportunities not only to help you reach your potential, but also to contribute to our clients’ success.

About the department Franklin Crypto is building an institutional-grade private credit platform for the digital asset economy. The Head of Franklin Crypto Private Credit will lead the strategy and serve as the primary partner to Benefit Street Partners, owning origination, underwriting, portfolio management, and disciplined growth.

This is a build-and-scale opportunity within a growing Franklin Templeton business. You will create the credit capability across crypto and Web3, establish an institutional underwriting framework, and help investors understand the strategy, performance, and risks. The Private Credit function serves to (a) lead the sourcing, structuring, underwriting, and execution of private credit investments across the crypto and Web3 ecosystem — including lending to exchanges, market makers, miners, infrastructure providers, and other digital asset businesses, (b) build and manage a rigorous credit underwriting and portfolio monitoring framework that meets institutional standards, and (c) partner with the Capital Formation team to articulate the strategy, performance, and risk profile of the private credit platform to both crypto native and traditional institutional allocators.

We are looking for a proven private credit investor who can build and lead the strategy end to end—from sourcing and structuring through portfolio management and workouts. You bring strong credit judgment, a track record across market cycles, and genuine fluency in crypto, blockchain, and Web
3.How You Will Add Value Build the platform:
Set the investment strategy, credit framework, risk limits, operating processes, and roadmap for scalable growth.

Source and structure:
Build a proprietary pipeline across exchanges, market makers, miners, infrastructure providers, protocols, and other digital asset businesses; structure and negotiate bespoke solutions across the capital stack.

Underwrite and invest:
Lead diligence, financial and collateral analysis, downside and recovery modeling, covenant design, investment memoranda, and investment committee recommendations.

Manage risk:
Monitor borrower performance, collateral, covenants, concentrations, and emerging risks; lead amendments, restructurings, and workouts when needed.

Lead the team:
Hire, develop, and inspire a high-performing investment team grounded in rigor, curiosity, intellectual honesty, and  the market voice:
Partner with Capital Formation, Risk, Legal, Compliance, and global distribution; represent the strategy with investors and translate fast-moving crypto credit developments into clear investment perspectives.

What Will Help You Be Successful 10+ years in private credit, direct lending, structured credit, or special situations, with rigorous institutional training and strong outcomes across market cycles

Deep expertise in underwriting, structuring, covenants, collateral packages, intercreditor arrangements, and workoutsA credible point of view on blockchain, crypto, Web3, counter parties, and digital asset collateral

Experience leading investment committee processes and influencing senior stakeholders A network that can generate differentiated deal flow Clear communication, collaborative leadership, and comfort operating in a fast-growth environment Bachelor’s degree or equivalent experience

What Sets You Apart Direct lending experience with digital asset companies or protocols

Experience building or scaling a private credit strategy, platform, or fund Knowledge of digital asset custody, collateral management, on-chain structures, and DeFi lending

Restructuring and workout experience in stressed or distressed situationsCFA, MBA, or comparable advanced credential

Franklin Templeton offers employees a competitive and valuable range of total rewards
-monetary and non-monetary, designed to support their well-being and recognize their time, talents, and results. Along with base…