Portfolio Manager

Position Summary:

Grayscale Investments is seeking a Portfolio Manager to manage digital asset/crypto and equity products across a range of investment vehicles, including ETFs and private placement trusts. Successful candidates will have experience managing passive or rules-based strategies, and are driven by precision, efficiency, and continuous improvement. The Portfolio Manager will have a unique opportunity to play a strong role in shaping the investment and operational framework of managing portfolios as the business evolves to adopt new systems and launch products with new vehicles.

Responsibilities:

• Manage portfolios to meet performance standards consistent with funds’ investment objectives, while adhering to regulatory and compliance rules and client constraints.
• Implement rebalance and reconstitutions, taking into account trading costs, tax implications, market impact and other considerations.
• Daily monitoring of portfolio positioning, model drift/dispersion, cash management and compliance within client guidelines.
• Maintain in-depth knowledge of investment strategies managed and regularly review portfolios to analyze investment performance.
• Proactively contribute to the development of investment, operational, and system process enhancements
• Liaise with other departments internally, including Trading, Operations, Product, Research, Legal/Compliance, and Sales/Marketing.

Prior Experience/Requirements:

• 5-10 years of overall experience in the investment management industry.
• 3+ years of portfolio management experience managing taxable SMAs (Direct Indexing) for high-net-worth investors and/or managing ETFs, with a preference for equities.
• BS/BA in degree in a relevant field; graduate degree and/or industry certifications such as CFA preferred.
• In-depth knowledge of portfolio construction, indexing, ETF capital markets, trading, and operations.
• Experience working with multi-factor risk models and portfolio optimizers (e.g. Axioma, BARRA, Northfield), Factset, and/or other financial tools.
• Experience managing funds with currency and futures/options overlays a plus.
• Strong skills in Excel, Bloomberg, and investment analytical tools; familiarity with programming such as Python/SQL a plus.
• Experience and understanding of allocation of duties between an investment advisor and sub-advisor a plus.
• Knowledge of and passion for digital assets/crypto a plus.
• Ability to multitask and prioritize assignments while producing high quality work in a demanding, fast-paced environment.
• High degree of professional discretion, integrity, and judgement.
• Excellent verbal and written communication, teamwork, and relationship-building skills.

Last updated on Aug 21, 2024