About Confusion Capital:
Confusion Capital operates as the treasury management organization for the Reserve ecosystem, providing for operations, grants, research and other public good funding. Reserve is a cryptocurrency project, patiently leading the asset-backed currency revolution. We want money that doesn't inflate like USD, but isn't volatile like Bitcoin. Our approach is to bundle stocks, bonds, gold, real estate, and more into an index, and use that as money. That's why we built the Reserve Protocol - to let anyone deploy a token that is issuable and redeemable for a basket of any other tokens. These "RTokens" are a new form of asset-backed currency and the next stage of our vision for a global, secure and stable monetary system. Today, the protocol is best used for bundling DeFi assets together to create yield-bearing USD stablecoins and other composite assets. But as more real world assets are tokenized, the protocol will enable new asset-backed currencies that are mostly or fully independent of fiat money. You can learn more about the vision and the Reserve team here.
About this Role
Confusion Capital, Inc. is seeking an experience Portfolio Manager to design a new kind of tokenized financial instrument. This role will be focused on theoretical product design, not implementation, and should be thought of as a research role.
We believe that tokenized financial instruments built on the Reserve Protocol will one day be used as currencies. In this role, you'll identify candidate assets and build portfolios and products to make this belief a reality. In the near term, your work will be primarily exploratory and hypothetical; since many assets have yet to be brought on chain, the products you design likely won't launch in the near term. But in the longer term, as assets are increasingly tokenized, your designs will become RTokens. When they do, you'll have had time to carefully plan how to smooth volatility, instill robust resilience to various macroeconomic conditions, and handle dynamic asset allocation for the portfolios backing these tokens. You'll have conducted multi-scenario backtesting of your designs to validate their long-term stability and inflation resistance under different macroeconomic conditions, and you'll have communicated their strengths and potential weaknesses to the Reserve community. In this role, you will primarily report to the CEO, but will collaborate with members of the Reserve team and community in bringing these financial instruments to life on chain.
Qualifications
- 5+ years of experience in structured product development, derivative pricing, and complex financial instrument design
- A degree in economics, finance, math, or other relevant field
- Expertise in macroeconomic analysis, financial modeling and associated software, and risk management strategies
- Knowledge of various past and current approaches to all-weather/market-neutral/risk parity type portfolios
- Track record of successful asset management in different market conditions
- Advanced quantitative skills and a deep understanding of financial markets
- Enthusiasm for pushing boundaries and thinking outside the box
- No prior knowledge of or experience in cryptocurrency or blockchain technology is required for this position - just a willingness to learn!
Benefits:
- Competitive salary + token grant
- Fully remote position
- Opportunity to reimagine the impact of financial instruments for ordinary people