Director of Fund Operations
Director of Fund Operations
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Salary Not Disclosed
1 Vacancy
Job Description
In pursuit of our expansive vision weve built a full stack of innovative products on top of the Bitcoin protocol from layer-2 projects like Liquid and Core Lightning to end-user software and hardware wallets like Green and Jade. Our brand stands for innovation in the Bitcoin community and were growing our team to accelerate the future.
We are looking for an experienced Director of Fund Operations to join our team. This position bridges the gap between the investment team back-office functions and external service providers ensuring seamless coordination of operational this role youll be responsible for overseeing and optimizing the funds operational processes to ensure efficiency compliance and smooth execution of daily activities.
What You Will Be Doing (Responsibilities):
Operational Oversight
- Manage and oversee all aspects of the funds day-to-day operations including trade settlement fund accounting and cash management.
- Ensure operational processes align with the funds investment strategies regulatory requirements and best practices.
- Coordinate with the investment team to support trade lifecycle processes including pre- and post-trade operations.
- Supervise trade reconciliation and settlement activities ensuring accurate and timely processing with the support of accounting and the Fund Administrator.
- Resolve discrepancies or exceptions with brokers custodians and counterparties.
- Manage relationships with external vendors including fund administrator prime brokers banks custodians centralized & decentralized exchanges and OTC desks ensuring vendors meet performance standards outlined in the service level agreements (SLAs).
- Work closely with the IT team to implement and maintain trading and back-office systems and evaluate and onboard new vendors or technologies to improve operational efficiency.
Risk Management Compliance and Reporting
- Collaborate with compliance and risk teams to ensure adherence to regulatory requirements (e.g. SEC MiFID II).
- Oversee operational risk management identifying and mitigating potential risks in processes or systems.
- Ensure robust controls are in place to prevent errors fraud or breaches.
- Oversee the preparation of internal and external reports including performance risk and operational metrics.
- Collaborate with the Fund Administrator and accounting team to produce accurate net asset value (NAV) calculations and financial statements.
- Provide operational insights and updates to senior leadership and investors.
Team Leadership and Strategic Planning
- Manage recruit mentor/train and retain talent the operations team fostering a culture of accountability and continuous improvement.
- Collaborate with cross-functional teams to align operational goals with broader organizational objectives.
- Work closely with senior management to align operational priorities with the funds investment strategies and objectives.
- Lead due diligence efforts for prospective investors addressing operational queries and audits.
What We Look For In You (Required Qualifications):
- 7 years of relevant work experience in fund operations.
- Highly resourceful and internally motivated individual with a proven ability to deliver results independently and as part of a team.
- Excellent written and verbal communication skills with the ability to articulate complex concepts clearly and persuasively.
- Strong understanding of hedge fund structures fund accounting and regulatory compliance with an emphasis on Cayman Luxembourg and Delaware structures.
- In-depth knowledge of financial markets trading processes and investment instruments.
- An understanding of Bitcoin and blockchain concepts and markets with a keen interest in staying abreast of industry developments will be required to speak knowledgeably about our firm portfolios and investment thesis.
- College degree in a relevant field such as Accounting Business Administration Economics or Finance.
Nice To Haves (Preferred Qualifications):
- Regulatory knowledge and experience working within a regulated private fund environment ideally at a digital asset firm.
- You are a CPA and/or ACCA Charterholder.
- Strong attention to detail and a high bar for your craft.
- Strategic thinker with strong relationship-building skills.
Wed still encourage you to apply if you dont tick every box above. Were building a diverse team whose skills balance and complement one another.
Blockstream is a fully remote company but the Asset Management Division will be centered in the San Francisco Bay Area and London. Were focused on hiring within these hubs and people hired from these hub offices are expected to come into the office twice per week (Tuesdays and a choice between Wednesday and Thursday). Occasionally we will make rare exceptions for new hires if they need to be fully remote.
Pay Transparency Notice: Depending on your work location the target annual salary for this position can range as detailed below. Full time offers from Blockstream also include discretionary bonus and benefits (including medical dental vision and 401(k)).
Pay Range: $120000 - $180000
Stay Safe from Job Scams
All official Blockstream communication will come from an @email address. We will never ask you to share sensitive information or purchase equipment during the hiring process. If in doubt contact us at. Learn more about avoiding job scamshere.
Required Experience:
Director
Employment Type
Full Time
