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Bitwise Asset Management · 13 hours ago

ETF Portfolio Manager

New York, NY

Full-time

Hybrid

Senior Level, Lead/Staff

$200K/yr - $250K/yr

10+ years exp

Bitwise Asset Management is a leading firm in the cryptocurrency space, managing a diverse suite of index and active solutions. The ETF Portfolio Manager will manage index products, ensuring performance meets benchmarks while minimizing operational risks and trading errors.

BlockchainCryptocurrencyFinancial ServicesSoftware

Growth Opportunities

No H1B

Responsibilities

Manage index portfolios in multiple wrappers (ETFs, private funds, SMAs) within assigned parameters and tolerance levels

Manage assigned portfolios to meet performance standards consistent with fund investment objectives while adhering to fund specific and regulatory requirements

Proactively manage trading strategies, corporate action elections, tax mitigation strategies and/or other ad-hoc opportunities

Stay current on regulatory requirements and ensure portfolios remain compliant

Understand asset valuations in portfolios utilizing market information

Recognize portfolio risk situations and escalate appropriately

Attribute fund performance, understand and minimize sources of portfolio risk relative to benchmarks

Ensure prudent risk management with carefully developed investment and operational processes

Follow procedures and processes, monitor portfolio activity and performance

Trade multiple asset classes including derivatives, equities, futures, options, T-bills, crypto currencies, and other digital assets

Utilize multi-asset management experience to accurately monitor and trade portfolios across a variety of asset classes with best practice approach to trade execution

Execute trades in multiple workflows, minimize transaction impact and cost

Run a full trading lifecycle from PM order to trade execution to settlement

Support new product launches by drafting prospectuses, related documentation and marketing materials

Accurately interpret and implement relevant index methodology, including rebalance changes

Proactively contribute to PM & trading systems/investment process enhancements

Ability to build relationships and work with internal and external colleagues to get new initiatives executed

Liaise with other internal teams including sales and trading, investor relations, fund administration, research and legal

Effectively communicate, both orally and in written form, with a diverse group of junior and senior parties, both internal and external

Mentor other portfolio managers and assist in their growth and contribution to the team

Qualification

ETF portfolio managementIndex methodologyTrading multiple asset classesBloombergAdvanced ExcelMicrosoft OfficeGoogle AppsPortfolio management systemsTeam environmentSelf-directedInterest in cryptocurrencyProject managementCommunication skillsOrganizational skillsAttention to detail

Required

Bachelor's degree, MBA or other relevant advanced certification

10+ years of ETF and index portfolio management experience (Do not apply without ETF PM experience)

Experience managing and/or trading 1940 Act Equity ETFs

Solid understanding of the index portfolio management process including index methodology and trading strategies

Comprehensive knowledge of ETFs, global markets and currency trading

Well-developed understanding of ETF operations including, basket file dissemination, NAV publications, and can troubleshoot issues with service providers

Understanding of the ETF arbitrage mechanism, the creation and redemption processes, and trade execution costs

Strong technical and analytical skills (Bloomberg and Advanced Excel)

Proficiency in Microsoft Office, Google Apps, and portfolio management systems

Knowledge in SQL and a coding language such as VBA, Python, or Java is a plus

Experience implementing process improvements and project management

Excellent written and verbal communication skills and attention to detail

Strong will to learn and desire to be challenged

Ability to multi-task in a fast paced, team environment but are also self-directed, highly motivated, and able to work independently

Strong organizational skills and proactive planning, the ability to respond to urgent requests

Deep interest in cryptocurrency markets. Experience investing in crypto is a plus