Vice President, DeFi Product Manager

DeFi Product ManagerNote: Fidelity will not provide immigration sponsorship for this position.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, compliant, 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 DiligenceLead comprehensive due diligence of DeFi protocols, including:Smart-contract architecture and upgradeability modelsEconomic and incentive design (tokenomics, liquidity dynamics, fee structures)Governance frameworks and decentralization maturityOracle dependencies, cross-chain risk, and composability exposureAssess protocol risk across market, liquidity, counterparty, technical, and governance dimensions.Maintain a living protocol risk taxonomy and scoring framework aligned with institutional risk standards.Vault Design, Construction & CurationDesign 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 IntegrationApply 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 SourcingMaintain 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 BringInvestment & Capital Markets Experience7–12+ 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 ExpertiseDeep 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 LeadershipProven ability to design investment products from concept through launch and ongoing management.Extensive network across the DeFi ecosystem with a track record of trusted relationships.Strong written and verbal communication skills, with the ability to translate complex on-chain mechanics into investment-grade narratives.Prior experience building and/or managing on-chain vaults, structured DeFi products, or protocol-level strategies.Experience working in or alongside DAOs, protocol foundations, or DeFi infrastructure firms.Exposure to regulated investment products, institutional custody, or fund operations.CFA, advanced finance degree, or technical background in computer science or engineering.The TeamFidelity Digital Asset Management (FDAM) is Fidelity Investments' digital asset investment platform, offering products and services designed to meet the needs of retail, intermediary, and institutional clients. As part of the Asset Management division, FDAM brings Fidelity's research-led investment culture to digital assets—evaluating opportunities across the ecosystem and building client-focused investment solutions.FDAM is a well-resourced team with support from Asset Management and the broader Fidelity enterprise, driving the development of critical digital asset infrastructure for the firm. We foster an entrepreneurial culture that leverages the latest technologies to create new products and capabilities, integrating traditional and on-chain markets to deliver innovative solutions for investors.