VP Fund Management

ABOUT THE ROLE RootstockLabs is seeking a visionary Fund Manager to architect, launch, and scale an institutional-grade, BTC-denominated investment fund from the ground up. This fund will enable institutional and private Bitcoin holders to unlock yield and manage credit risk through a mixed portfolio of strategies. By bridging traditional institutional demand and Bitcoin-native yield generation, the fund serves as a trusted, regulated vehicle for deploying sophisticated capital. As a founding leader, you will own the fund's strategy, portfolio construction, risk management framework, investor relations, and regulatory governance. This is a high-impact, greenfield opportunity to define a flagship financial product in the Bitcoin ecosystem. The mandate - Objective: Deliver risk-adjusted returns measured in BTC, with principal preservation in BTC terms as the first priority. - Vehicle: Cayman Islands SPC, CIMA-registered, with independent directors and a third-party administrator, auditor and custodian. - Investors: L1 foundations and treasuries, ecosystem funds and selected institutional allocators seeking BTC exposure with yield. - Strategies: BTC-collateralised lending, market-neutral and basis strategies, liquidity provision, and yield on Rootstock and other Bitcoin-aligned venues, within board-approved limits. Directional exposure and unhedged leverage are out of scope unless the board expressly approves them. - Target size: $500 million committed capital within 12 months of launch. KEY RESPONSIBILITIES Investment and portfolio management - Set the fund's investment strategy, allocation policy and limits, and take them through board approval. - Source, diligence and execute positions across BTC lending, basis and on-chain yield strategies. - Run counterparty and protocol due diligence, including smart-contract, bridge, custody and liquidation risk. - Report performance in BTC terms, with clear attribution by strategy. Risk management - Build the risk framework: exposure limits, concentration, liquidity buckets, collateral haircuts and drawdown triggers. - Monitor positions daily and stress-test against BTC price shocks, venue failure and depeg events. - Maintain a liquidity profile that matches investor redemption terms. Investor relations and capital raising - Raise capital from L1 foundations, ecosystem funds and institutional allocators, within applicable marketing and solicitation rules. - Structure share classes, side letters and terms suited to foundation treasuries. - Produce monthly investor reporting and quarterly letters; lead investor calls and annual meetings. Governance, compliance and operations - Work with the board, independent directors, AML officers (AMLCO/MLRO), administrator, auditor and legal counsel. - Own the offering documents, valuation policy and NAV process alongside the administrator. - Ensure ongoing regulatory compliance, including CIMA filings, AML/KYC on investors and annual audit. - Select and manage service providers: custodians, prime brokers, OTC desks and on-chain infrastructure. Team and ecosystem - Hire and lead a small team (analyst, risk, operations) as the fund scales. - Act as the fund's senior voice with L1 ecosystems, and feed investor demand back into Rootstock's product roadmap. WHAT YOU BRING - 10+ years in asset management, credit, or trading, with at least 5 years as a portfolio manager or CIO with P&L responsibility. - A track record managing a regulated fund or institutional mandate, ideally $100M+ AUM. - Deep, hands-on knowledge of Bitcoin markets, BTC-collateralised lending, derivatives and basis trades. - Working knowledge of DeFi mechanics: lending protocols, liquidity pools, bridges and their failure modes. - Strong fund governance experience: offering documents, NAV and valuation, audit, and working with independent boards. - Existing relationships with crypto foundations, treasuries or institutional allocators, and a record of raising capital. - Able to meet director and key-person fitness and propriety standards in the fund's jurisdiction, with a clean regulatory history. NICE TO HAVE - Experience with Cayman fund and BVI Investment Management structure. - Background in structured credit (tranching, waterfalls) or treasury management. - Relevant qualifications such as CFA, CAIA, FRM, PRM, or an equivalent regulatory licence. - Familiarity with Rootstock, Bitcoin L2s or merged-mining ecosystems. ROOTIES BENEFITS At RootstockLabs, we don’t just offer a job, we offer a community. Here’s what you can expect when you join us: - Competitive compensation package and unique benefits designed to support your growth and well-being. - 100% Remote Work from Europe & Latin America, with access to global CoWorking spaces. - Work-Life Balance: Paid vacation and sick leave days - Continuous Learning: Access to training programs, language courses, and learning sponsorship annually. - Unique Projects: Work with cutting-edge blockchain technology in a global, diverse team. ABOUT ROOTSTOCKLABS RootstockLabs is a key contributor to Rootstock, Bitcoin's Financial Infrastructure for lending, yield, and onchain capital markets. We build and commercialize the institutional infrastructure that turns Bitcoin into productive capital. - What we do: Develop and commercialize Bitcoin-backed lending, tokenized real-world assets, and onchain financial strategies - Who we work with: Leading custodians, asset managers, and financial institutions - Why it matters: Rootstock is secured by 80%+ of Bitcoin's hash power and has run with 100% uptime since 2018 (bringing Ethereum-style programmability to the world's hardest money). - Proof it works: 200+ dApps live on Rootstock, from BTCFi protocols like Sushiswap and Oku to institutional names like Mercado Bitcoin, Animoca Brands, and Paystand