Vice President, DeFi Product Manager

Fidelity • Boston, MA

5d • $130,000 - $264,000 • Hybrid

About The 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, 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.

Requirements

• 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 ). 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. 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.

Nice To Haves

• 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.

Responsibilities

• 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, counterparty, 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.

Benefits

• comprehensive health care coverage and emotional well-being support
• market-leading retirement
• generous paid time off and parental leave
• charitable giving employee match program
• educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed