Vice President, DeFi Product Manager

Job Description:

Note:

Fidelity will not provide immigration sponsorship for this position.

The Role

The DeFi Product Manager is responsible for designing, evaluating, and scaling institutional-grade DeFi investment products, with a primary focus on protocol assessment, vault construction, and ongoing portfolio curation. This role sits at the intersection of traditional capital markets, investment risk management, and on-chain financial infrastructure, translating DeFi primitives into investable, co mpliant, and risk-managed products for investors.

The role requires deep technical fluency in blockchain and smart-contract systems, strong investment judgment grounded in traditional finance, and extensive operating relationships across the DeFi ecosystem. The successful candidate will combine the judgment of a seasoned investment professional with the technical fluency of a DeFi native. They will be capable of structuring differentiated on-chain products, identifying and mitigating risk before it materializes, and serving as a credible bridge between traditional investment managers and the DeFi ecosystem.

DeFi Protocol Evaluation & Due Diligence

* Lead comprehensive due diligence of DeFi protocols, including:

* Smart-contract architecture and upgradeability models

* Economic and incentive design (tokenomics, liquidity dynamics, fee structures)

* Governance frameworks and decentralization maturity

* Oracle dependencies, cross-chain risk, and composability exposure

* Assess protocol risk across market, liquidity, counter party, technical, and governance dimensions.

* Maintain a living protocol risk taxonomy and scoring framework aligned with institutional risk standards.

Vault Design, Construction & Curation

* Design and launch on-chain vaults and structured DeFi strategies (e.g., yield, carry, delta-neutral, liquidity provision, structured credit).

* Curate vault parameters including asset eligibility, allocation limits, rebalancing logic, and risk constraints.

* Oversee ongoing vault monitoring, performance attribution, and risk reporting.

* Work closely with engineering teams to translate investment logic into smart-contract-enforced rules.

Investment & Risk Management Integration

* Apply traditional portfolio construction, risk budgeting, and capital markets frameworks to on-chain strategies.

* Define stress testing, scenario analysis, and drawdown management approaches for DeFi portfolios.

* Partner with legal, compliance, and operations teams to ensure products meet institutional governance and fiduciary expectations.

* Support investment committee materials, protocol memos, and board-level product reviews.

Ecosystem Engagement & Product Sourcing

* Maintain deep, active relationships across the DeFi ecosystem, including protocol founders, core developers, DAO contributors, auditors, and infrastructure providers.

* Source early-stage protocol opportunities and influence roadmap discussions relevant to institutional use cases.

* Represent the firm in DeFi governance forums, working groups, and industry initiatives.

* Monitor emerging DeFi primitives, L2s, app-chains, restaking, and cross-chain infrastructure relevant to vault strategies.

The Expertise and Skills You Bring

Investment & Capital Markets Experience

* 7-12+ years of experience across asset management, trading, structured products, derivatives, or capital markets.

* Demonstrated experience with portfolio construction, risk management, and investment decision-making.

* Strong understanding of fixed income, derivatives, financing markets, and liquidity dynamics.

DeFi & Blockchain Expertise

* Deep understanding of blockchain architecture (Ethereum, L2s, Solana, and emerging ecosystems).

* Strong working knowledge of smart contracts, DeFi primitives (AMMs, lending, derivatives, staking, restaking), and on-chain governance.

* Experience evaluating smart-contract risk and interpreting audit reports (no coding requirement, but technical fluency required).

* Familiarity with MEV, oracle design, cross-chain bridges, and protocol upgrade patterns.

Product & Ecosystem Leadership

* Proven ability to design investment products from concept through launch and ongoing management.

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