ETF Portfolio Manager at Bitwise Asset Management

New York, New York, United States

Bitwise Asset Management Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Cryptocurrency, Asset Management, Finance, ETFsIndustries

Requirements

  • Professional experience managing index portfolios (ETFs, private funds, SMAs) within assigned parameters and tolerance levels
  • Ability to meet performance standards consistent with fund investment objectives while adhering to fund-specific and regulatory requirements
  • Knowledge of trading strategies, corporate action elections, tax mitigation strategies, and ad-hoc opportunities
  • Stay current on regulatory requirements to ensure portfolio compliance
  • Understanding of asset valuations using market information
  • Ability to recognize portfolio risk situations and escalate appropriately
  • Experience with performance attribution and minimizing sources of portfolio risk relative to benchmarks
  • Skills in prudent risk management through developed investment and operational processes
  • Familiarity with following procedures, monitoring portfolio activity and performance
  • Multi-asset trading experience across derivatives, equities, futures, options, T-bills, cryptocurrencies, and other digital assets

Responsibilities

  • Manage Bitwise’s suite of index products including ETFs, private funds, and SMAs
  • Ensure tight portfolio performance to benchmarks while minimizing operational risk and trading errors
  • Provide timely trade execution for subscriptions/redemptions, create/redeems, index rebalances, and model changes in accordance with investment objectives
  • Analyze performance, produce performance attribution, and handle basket files and NAV questions
  • Work with third-party service providers to ensure integrity of daily NAVs and basket files
  • Serve as primary point of contact for index data-related questions, own follow-up and issue resolution with index providers
  • Manage relationships to support efficiencies in daily product operations
  • Proactively manage trading strategies, corporate action elections, tax mitigation strategies, and/or other ad-hoc opportunities
  • Attribute fund performance, understand and minimize sources of portfolio risk relative to benchmarks
  • Trade multiple asset classes including derivatives, equities, futures, options, T-bills, cryptocurrencies, and other digital assets

Skills

Portfolio Management
ETF Management
Index Products
Trade Execution
Risk Management
Rebalancing
Crypto Assets
Asset Management
SMA
Subscriptions/Redemptions

Bitwise Asset Management

Cryptocurrency index fund management services

About Bitwise Asset Management

Bitwise Asset Management focuses on making cryptocurrency investments easier for a wide range of clients, including individuals and institutions. They offer various investment products such as exchange-traded funds (ETFs), publicly traded trusts, separately managed accounts (SMAs), and private funds, which provide exposure to over 19 different cryptocurrencies, as well as equities and NFTs. Their products are designed to help investors navigate the complexities of the cryptocurrency market. What sets Bitwise apart from competitors is their dedicated team of over 60 experts in technology, asset management, and law, who provide guidance and support to investors. The company's goal is to simplify cryptocurrency investing and make it accessible to everyone.

San Francisco, CaliforniaHeadquarters
2017Year Founded
$82.2MTotal Funding
SERIES_BCompany Stage
Fintech, Crypto & Web3, Financial ServicesIndustries
51-200Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Parental Leave
Paid Holidays
Meal Benefits
Phone/Internet Stipend
Company Social Events

Risks

Increased competition from other firms could dilute Bitwise's market share.
Volatility in Solana's price may affect investor confidence and fund performance.
Regulatory changes in the EU could impact Bitwise's Solana staking ETP.

Differentiation

Bitwise offers a wide range of crypto investment products, including ETFs and ETPs.
The company has a team of over 60 experts in technology, asset management, and law.
Bitwise focuses on simplifying cryptocurrency investments for both individual and institutional clients.

Upsides

Increased interest in crypto by advisors could expand Bitwise's client base in 2025.
The launch of Solana staking ETPs in Europe may attract high-yield-seeking investors.
Potential US Bitcoin reserve establishment could boost Bitwise's Bitcoin-related products.

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