The Role
It’s rare that a new asset class is born. Nevertheless, we’re witnessing exactly that with the rise of crypto. Over just the last few years, since Bitwise was founded, crypto has evolved from an embryonic $50B market to a growing $3T+ juggernaut. At Bitwise, we believe that crypto has reached a turning point, and is headed north of $10T over the next few years.
This is an exciting moment for Bitwise as a firm. For eight years, we have established a track record of excellence managing a broad suite of index and active solutions across ETFs, separately managed accounts, private funds, institutional staking, and hedge fund strategies. This year, we crossed $15B in client assets and are growing quickly. Thousands of financial advisors, family offices, and institutional investors partner with Bitwise to understand and access the opportunities in crypto. We are known for providing unparalleled client support through expert research and commentary, a nationwide client team of crypto specialists, and deep access to the crypto ecosystem.
Currently, Bitwise is a close-knit team of 100+ global professionals. Think of us as a mix of an asset manager and a tech start-up. We’re backed by some of the most accomplished investors in venture capital and veterans of the financial services world. We love working together, we love what we do, and we’re excited about what’s ahead.
The Fund Compliance Manager will be the dedicated owner of the investment compliance function for Bitwise's expanding suite of funds (currently 33+ funds). This role is distinct from marketing compliance and focuses on monitoring, testing, and professionalizing fund adherence to regulatory rules and investment mandates, ensuring scalable controls as the firm grows.
Primary Responsibilities:
- Routinely monitor all investment portfolios to ensure continuous compliance with mandates, including asset type restrictions, concentration limits, leverage controls, and issuer exposure limits. Proactively communicate with the CCO regarding any compliance matters that arise and work with the CCO to develop solutions.
- Own the daily monitoring, research, and resolution of BNY-provided Compliance Issues Logs, requiring consultation with the CCO, Portfolio Management (PM) team, the Research team, and external partners (e.g., Vident, ETC) to document decisions.
- As part of the Legal and Compliance team, take full ownership of translating complex fund governing documents and regulatory restrictions into precise compliance rules for new fund launches and fund amendments.
- Instruct BNY Mellon on necessary compliance rule applications, review the BNY-provided Compliance Summary Matrix for fund launches, and identify/resolve any coding mistakes.
- As part of the Legal and Compliance team, lead the effort to professionalize and scale compliance controls to manage a growing fund count (33+ funds), reducing reliance on PM Team for these specialized functions.
Role Requirements:
- Five years of demonstrated history of expertise in regulatory compliance, with experience revising compliance policies and conducting rigorous compliance testing.
- Bachelor’s degree in business, finance, or other related field, or equivalent work experience.
- Proven ability to manage legal and compliance operations projects end-to-end.
- Experience administering Code of Ethics programs and managing implementation processes, including OMS and PMS coding.
- Strong knowledge of the Investment Advisers Act, FINRA rules, and other applicable financial regulations.
- Attainment of the Investment Adviser Certified Compliance Professional (IACCP®) designation is highly desirable.
What We Offer:
- Compensation: $145,000-$185,000 salary
- Equity compensation as a component of all offers
- Health insurance, including dental and vision plans
- Health, Dependent Care, and Commuter Flexible Spending Accounts
- Paid Parental Leave
- Life insurance; short- and long-term disability plans
- Company funded 401(k) plan, no matching required
- Unlimited PTO
- 10 paid company-wide holidays
- Office spaces in San Francisco and New York
- Meals and snacks provided in the office
- Paid company cell phone
- Bitwise “Buddy” program (30-day new-hire success program)
- Annual birthday and anniversary gifts
- Company-wide events including the annual holiday party
- Internal Women of Bitwise group with fun events
Your Interview Process:
- Our interview process ensures the best fit for both you and Bitwise, and we strive to make each step valuable, insightful, and efficient.
1. Recruiter Interview
2. Hiring Manager Interview
3. Meeting the Team
4. Work Sample
5. Executive/Founders Interview
6. References
7. Offer!
Bitwise is an equal opportunity employer. We are committed to building a team of people with a variety of backgrounds, perspectives, and skills. It is the policy of Bitwise to ensure equal opportunity. All candidates are considered without regard to race, color, religion, national origin, age, sex, sexual orientation, gender identity, marital status, ancestry, physical or mental disability, veteran status, or any other legally protected characteristics.
Please note that we do not sponsor visas for persons without work authorization in the United States. This role is for full-time employees only (no B2B or contractors). Thank you!
Similar Jobs
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.
Success! Refresh the page to see how your skills align with this role.
The Company
What We Do
Based in San Francisco, Bitwise is one of the largest and fastest-growing crypto asset managers. As of May 7, 2021, Bitwise managed over $1.5 billion across an expanding suite of investment solutions. The firm is known for managing one of the largest crypto index funds (OTCQX: BITW), the first crypto industry ETF (NYSE: BITQ), and pioneering products spanning DeFi, Bitcoin, Ethereum as examples. Bitwise focuses on partnering with financial advisors and investment professionals to provide quality education and research. The team at Bitwise combines expertise in technology with decades of experience in traditional asset management and indexing—coming from firms including BlackRock, Blackstone, Facebook, and Google, as well as the U.S. Attorney’s Office. Bitwise is backed by leading institutional investors and asset management executives, and has been profiled in Institutional Investor, CNBC, Barron's, Bloomberg, and The Wall Street Journal.
