Associate Director of Reserve

About the role

AX Coin, the first licensed stablecoin issuer regulated by the Central Bank of Bahrain, is looking for an Associate Director of Reserve. You will design, operate, and continuously improve the banking, settlement, liquidity, and payment infrastructure that underpins our stablecoin issuance and payments ecosystem.

Key responsibilities

• Manage strategic relationships with custodian banks and partner financial institutions to ensure secure and efficient reserve custody.
• Ensure full compliance with CBB SIO Module Chapter 6, maintaining reserve asset ratings, maturities, and currencies.
• Monitor daily reserve asset market value to guarantee it never falls below the total face value of stablecoins in circulation.
• Design and execute liquidity management strategies and stress‑testing scenarios for extreme market conditions.
• Operate a yield‑bearing stablecoin model within legal and compliance frameworks.
• Coordinate monthly/quarterly Proof of Reserves audits and maintain strict segregation of reserve assets from corporate funds.
• Lead the design, integration, and maintenance of fiat on‑ramp/off‑ramp channels and settlement accounts.
• Define fiat clearing and settlement mechanisms for minting and redemption processes.
• Establish three‑party reconciliation among fund flows, asset flows, and on‑chain data.
• Support regional expansion of banking and payment capabilities across EMEA.
• Collaborate with compliance, product, and operations teams to align payment processes.

Required profile

Required skills