VP Fund Management

<h3>Accountabilities:</h3><li>
<strong>Define the fund's investment strategy:</strong>Establish the investment mandate, portfolio construction methodology, asset allocation policy, and investment limits, securing board approval and aligning decisions with the objective of delivering risk-adjusted returns measured in BTC while prioritizing principal preservation.</li><li>
<strong>Build and manage the investment portfolio:</strong>Source, evaluate, and execute investment opportunities across BTC-collateralized lending, market-neutral and basis strategies, liquidity provision, and yield-generating opportunities across Bitcoin-aligned financial platforms.</li><li>
<strong>Lead investment due diligence:</strong>Assess investment counterparties, protocols, custodians, and trading venues, evaluating creditworthiness, smart-contract vulnerabilities, bridge risks, custody arrangements, and liquidation mechanisms.</li><li>
<strong>Oversee portfolio performance:</strong>Monitor investments and exposures, evaluate strategy-level returns, and deliver transparent performance attribution and reporting denominated in Bitcoin.</li><li>
<strong>Establish the risk management framework:</strong>Define and implement exposure limits, concentration thresholds, liquidity requirements, collateral haircuts, drawdown triggers, and escalation procedures in collaboration with the risk management function.</li><li>
<strong>Protect capital through active risk monitoring:</strong>Conduct daily portfolio reviews and stress tests covering Bitcoin price shocks, liquidity disruptions, counterparty or venue failures, stablecoin depegging, and protocol-related risks.</li><li>
<strong>Manage liquidity and redemptions:</strong>Maintain an appropriate liquidity profile aligned with investor redemption terms, ensuring the fund can meet its obligations while preserving portfolio stability.</li><li>
<strong>Lead fundraising and investor relations:</strong>Develop relationships with Layer 1 (L1) foundations, ecosystem funds, treasury managers, and institutional allocators to secure commitments and achieve the target of $500 million in committed capital within 12 months of launch.</li><li>
<strong>Structure investor arrangements:</strong>Develop suitable share classes, side letters, and investment terms that accommodate foundation treasuries and institutional investors while complying with applicable marketing and solicitation requirements.</li><li>
<strong>Oversee investor communications:</strong>Produce monthly investor reports and quarterly investment letters, lead investor calls and annual meetings, and maintain transparent communication regarding performance, portfolio positioning, and risk.</li><li>
<strong>Direct fund governance and compliance:</strong>Work with the board, independent directors, anti-money laundering officers, legal counsel, administrators, and auditors to maintain effective governance and meet applicable regulatory obligations.</li><li>
<strong>Manage fund documentation and valuation:</strong>Oversee offering documents, valuation policies, and net asset value (NAV) calculation processes in coordination with the fund administrator.</li><li>
<strong>Ensure regulatory compliance:</strong>Oversee applicable Cayman Islands Monetary Authority (CIMA) filings, investor anti-money laundering and know-your-customer (AML/KYC) procedures, annual audits, and ongoing regulatory reporting.</li><li>
<strong>Manage external service providers:</strong>Select and oversee custodians, prime brokers, over-the-counter (OTC) trading desks, fund administrators, auditors, and on-chain infrastructure providers.</li><li>
<strong>Build and lead the fund team:</strong>Recruit, develop, and manage a lean team spanning investment analysis, risk management, and operations as the fund scales.</li><li>
<strong>Represent the fund across the ecosystem:</strong>Serve as the senior investment representative in relationships with Bitcoin and L1 ecosystems, institutional partners, and investors, translating market demand into insights that inform product development and strategic priorities.</li><h2>Requirements:</h2><li>
<strong>Senior investment management experience:</strong>At least 10 years of experience in asset management, credit, or trading, including a minimum of five years as a portfolio manager or Chief Investment Officer (CIO) with direct profit-and-loss (P&amp;L) responsibility.</li><li>
<strong>Institutional fund management track record:</strong>Demonstrated experience managing a regulated investment fund or institutional investment mandate, ideally with at least $100 million in assets under management (AUM).</li><li>
<strong>Bitcoin market expertise:</strong>Deep, practical knowledge of Bitcoin markets, BTC-collateralized lending, derivatives, basis trading, market-neutral strategies, and institutional digital asset investment approaches.</li><li>
<strong>Decentralized finance knowledge:</strong>Working understanding of DeFi mechanisms, including lending protocols, liquidity pools, bridges, on-chain yield strategies, and the operational and technical risks associated with these systems.</li><li>
<strong>Portfolio construction and risk management:</strong>Strong expertise in investment analysis, portfolio allocation, risk-adjusted performance measurement, liquidity management, collateralization, stress testing, and capital preservation.</li><li>
<strong>Fund governance and regulatory experience:</strong>Proven experience with fund offering documents, NAV calculations, valuation policies, independent board oversight, audits, regulatory reporting, and investor compliance requirements.</li><li>
<strong>Fundraising and investor relationships:</strong>Established relationships with crypto foundations, ecosystem treasuries, institutional allocators, or comparable investors, supported by a demonstrated ability to raise capital and maintain long-term investor partnerships.</li><li>
<strong>Legal and operational coordination:</strong>Experience working with external administrators, custodians, auditors, legal advisers, and other financial service providers to establish and operate institutional investment vehicles.</li><li>
<strong>Leadership and strategic execution:</strong>Demonstrated ability to build and lead high-performing teams, make independent investment decisions, and communicate complex financial and risk concepts clearly to boards, investors, and other senior stakeholders.</li><li>
<strong>Regulatory suitability:</strong>Ability to satisfy applicable director and key-person fitness and propriety requirements in the fund's jurisdiction, with a clean regulatory history.</li><li>
<strong>Preferred fund structuring expertise:</strong>Experience with Cayman Islands fund structures and British Virgin Islands (BVI) investment management arrangements is an advantage.</li><li>
<strong>Additional financial expertise:</strong>Knowledge of structured credit, including tranching and waterfall structures, or institutional treasury management is beneficial.</li><li>
<strong>Professional qualifications:</strong>CFA, CAIA, FRM, PRM, an equivalent professional qualification, or a relevant regulatory license is an advantage.</li><li>
<strong>Bitcoin ecosystem familiarity:</strong>Experience with Bitcoin Layer 2 networks, merged-mining ecosystems, or related blockchain infrastructure is a plus.</li><li>
<strong>Entrepreneurial mindset:</strong>A strategic, commercially minded, and hands-on approach, with the ability to establish a new investment function, navigate ambiguity, balance innovation with risk discipline, and deliver results in a fast-evolving market.</li><h2>Benefits:</h2><li>
<strong>Competitive compensation:</strong>Receive a competitive compensation package and additional benefits designed to support professional growth and personal well-being.</li><li>
<strong>Fully remote work:</strong>Work remotely from eligible locations across Europe and Latin America, with access to global coworking spaces.</li><li>
<strong>Work-life balance:</strong>Benefit from paid vacation and sick leave to support personal well-being and sustainable performance.</li><li>
<strong>Continuous learning:</strong>Access professional training programs, language courses, and annual learning sponsorship to support ongoing development.</li><li>
<strong>Innovative investment opportunities:</strong>Help build and scale an institutional Bitcoin investment product focused on lending, yield generation, and on-chain capital markets.</li><li>
<strong>Executive ownership and impact:</strong>Shape investment strategy, portfolio construction, fundraising, risk governance, and the long-term direction of a new financial venture.</li><li>
<strong>International collaboration:</strong>Work with a globally distributed team of professionals across finance, blockchain technology, and institutional financial services.</li><li>
<strong>Cutting-edge technology:</strong>Engage with emerging blockchain infrastructure and financial strategies designed to expand Bitcoin's role in institutional capital markets.</li><li>
<strong>Professional growth:</strong>Develop your leadership and investment expertise while helping establish a scalable investment platform from its earliest stages.</li>