Portfolio Manager (DEFI & Funds) Full Time NEW

Our client is a leading global Web3 and crypto enterprise with multiple awards and a strong reputation across the wider crypto sector. As part of its continued expansion, the company is looking to make another key hire for its Middle East team.

Role Requirement

We are looking for an experienced Portfolio Manager to take ownership of the day-to-day management and strategic oversight of the fund’s segregated portfolios. This role is responsible for driving investment execution, allocating capital across DeFi ecosystems, centralised exchanges (CEX), and real-world asset opportunities, while overseeing both on-chain and off-chain operational activities. Blending institutional portfolio management with digital asset expertise, the position requires a hands-on approach to blockchain-based fund operations, including trade execution, custodian relationships, smart contract interactions, and the seamless administration of investment processes across traditional and decentralised financial markets.

Key Responsibilities

Investment Management & Strategy Execution

• Execute Investment Committee-approved portfolio transactions and strategies, including staking, lending, liquidity provision, leveraged yield strategies, and external manager allocations.
• Deploy capital to approved DeFi protocols via the institutional custody platform, ensuring whitelisted integrations, appropriate position sizing, and risk controls.
• Manage capital allocations to quantitative managers through segregated CEX accounts, including setup, funding, rebalancing, and redemptions.
• Monitor portfolio exposures daily, including yield, protocol stability, liquidation thresholds, counterparty risk, and compliance with Investment Committee limits.
• Review portfolio positioning for rebalancing or yield optimisation opportunities, executing approved changes within authority and escalating mandate exceptions to the Investment Committee.
• Oversee MMF liquidity allocation to maintain cash availability and meet redemption obligations within fund parameters.

Fund Operations & Trade Execution

• Manage fund cash and digital asset movements, including fiat-stablecoin conversions, custody wallet transfers, DeFi/CEX allocations, and off-ramping for redemptions and operational payments.
• Coordinate with the digital asset custodian on transactions, wallet and protocol whitelists, policy engine settings, and secure wallet infrastructure management.
• Authorise fiat payments and USDC redemption distributions, coordinating with the fund administrator for timely, accurate settlement.
• Work with the fund administrator on subscriptions, redemptions, mint/burn instructions, NAV data, and daily on-chain/off-chain reconciliations.
• Manage relationships with external quantitative managers, monitoring performance, reviewing reports, and coordinating withdrawals, reallocations, and redeployment as needed.

Risk Management & Compliance

• Oversee portfolio risk controls in line with Investment Committee directives, including diversification, TVL thresholds, venue concentration, leverage, and drawdown limits.
• Assess operational and counterparty risks across DeFi and centralised environments, including smart contract, oracle, governance, credit, and exchange-related risks.
• Support AML/KYC compliance with the fund administrator, covering investor onboarding, due diligence, reviews, and sanctions screening.
• Manage operational incidents by assessing impact, coordinating responses, and implementing corrective actions, including emergency smart contract interventions when needed.
• Prepare post-incident documentation, support root cause analysis, and assist with regulatory filings and notifications, including CIMA submissions where applicable.

Reporting & Stakeholder Management

• Provide portfolio holdings, transaction records, and performance data to support NAV production and investor reporting.
• Present regular Investment Committee updates on portfolio results, key risks, operational developments, and material issues.
• Serve as the main contact for external partners, coordinating operational, compliance, and regulatory matters with administrators, custodians, auditors, and legal advisers.
• Support the annual audit by providing requested documentation, including trade histories, investment records, Investment Committee minutes, and rebalancing details.

Requirements

Experience

• Minimum 5 years’ experience in portfolio management, trading, investment operations, or a related field, with proven experience in one or more of the following:
• Managing discretionary portfolios or proprietary trading strategies in institutional finance.
• Working in digital asset environments, including DeFi, yield strategies, quantitative models, or multi-manager crypto funds.
• Performing fund operations or middle/back-office functions, including trade execution, reconciliation, settlement, and custodian engagement.
• Operating in blockchain or digital assets, including custody, tokenised products, or infrastructure in a leadership or supervisory role.

Experience will be assessed against the role’s scope. In line with FSRA expectations, proprietary trading experience in regulated financial institutions may qualify for discretionary portfolio management, while blockchain, digital asset, or related experience may be considered where it demonstrates the required expertise and supervisory capability.

Technical Knowledge

• Strong DeFi knowledge across lending, staking, liquidity pools, yield optimisation, and protocol operations.
• Understanding of quantitative digital asset strategies, including delta-neutral, basis, carry, and perpetual futures approaches.
• Familiarity with Ethereum infrastructure, smart contracts, ERC-20 standards, and on-chain transaction execution.
• Hands-on experience with institutional custody platforms, transaction controls, DeFi integrations, wallet administration, and secure asset management.
• Understanding of institutional fund structures, including Cayman SPCs, segregated portfolios, NAV production, fund accounting, and administration workflows.

Skills & Competencies

• Strong operational discipline, coordinating complex workflows with accuracy and attention to detail.
• Risk-focused mindset, able to identify, assess, and escalate key operational, market, counterparty, or protocol risks.
• Excellent communicator, providing clear, accurate, and timely updates to internal and external stakeholders.
• Works independently within governance frameworks, using sound judgement and escalating approval matters.
• Flexible and resilient in fast-paced environments with evolving processes, controls, and operating models.

Qualifications

• Bachelor’s degree in Finance, Economics, Computer Science, Engineering, or a related discipline; MBA, MSc, or CFA preferred but not essential.
• Professional credentials including CFA, CAIA, FRM, or comparable industry certifications will be viewed favourably and considered an added benefit.
• Must meet, or be capable of meeting, the eligibility requirements for registration as a Relevant Professional with the ADGM Financial Services Regulatory Authority (FSRA).

What they Offer

• Help launch and scale an institutional tokenised fund platform, shaping strategy, operations, and long-term success.
• Own investment execution and on-chain activity, with meaningful portfolio management involvement.
• Work with international investors and stakeholders across North America, Asia, and the Middle East.
• Receive a competitive package, including base salary, performance incentives, and potential equity or token-based rewards.
• Join a collaborative, high-growth digital assets team backed by an established global ecosystem.

This opportunity offers an amazing package and salary for the successful applicant. To apply for this role, please forward your CV using the link.

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