What are the responsibilities and job description for the Portfolio Implementation, Associate position at 21shares?
About 21Shares
21Shares makes investing in digital assets as easy as buying shares using your conventional broker or bank. Investors can purchase our crypto ETPs easily, safely and securely in a regulated framework on the SIX Swiss Exchange in USD, Euros and GBP, on BX Swiss in CHF, on Boerse Stuttgart in Euros, on DB Xetra as well as Wiener Boerse ( Vienna Exchange) in Euros. We offer the most expansive suite of crypto ETPs available on regulated European exchanges.
Founded in 2018, 21Shares is led by a team of talented entrepreneurs and experienced professionals from the asset management and banking industry. Headquartered in Zurich, the company has launched several exchange-traded products such as NEAR and ONDO in the last twelve months.
Job Summary: As a Portfolio Implementation Associate on the US Portfolio Management team you will support the daily management and implementation of the 21Shares US Crypto ETF suite. This includes monitoring portfolios, coordinating creations/redemptions, executing trades, coordinating settlements with custodians and fund administrators, and ensuring NAV and fund deliverable accuracy. In parallel, you will contribute to the research and development of new ETF strategies through backtesting, quantitative analysis, and model evaluation.This role requires the ability to translate complex investment concepts into clear, actionable insights for internal teams and external stakeholders, and to support product launches with expertise in ETF structure, performance drivers, liquidity, and trading mechanics. This position sits at the intersection of operations, quantitative research, and product implementation, helping ensure that all strategies are executed accurately and aligned with their mandates. Understanding the intricacies of ETF structures is crucial to supporting financial product development and being the go-to team for questions related to performance, trading, liquidity, and fund structure.
Key Responsibilities:
- Oversee the daily settlement of trades with LPs and APs ensuring timely and successful settlement
- Build and improve the portfolio management systems (PMS) by building trading and settlement tools.
- Monitor and execute rebalancing with key stakeholders
- Generate novel and relevant quantitative analysis on the crypto market for use by internal and external parties
- Trade spot crypto OTC with liquidity providers to achieve best execution principles and drive the adoption of 21Shares’ products over competitors
- Provide in depth analysis on the viability and structure of new products through backtesting, market knowledge, legal research, and interaction with cross-functional teams.
- Monitor competing products and analyze key differentiators
- Publish weekly/opportunistic newsletters on relevant crypto market events
- Produce timely useful research around important geopolitical events
Core Competencies: These are the essential skills, knowledge, and behaviors that define our success.
Leadership
- Lead Self: Take personal responsibility, demonstrate self-awareness, embrace an open and flexible mindset, and commit to continuous learning.
- Lead Others: Inspire and develop teams, foster collaboration as a strong team player, and consistently model exemplary behavior.
- Champion 21Shares: Actively contribute to our collective success and live our Vision, Mission, and Values.
Connections
- Build Relationships: Cultivate inclusive, trusted relationships by investing time and fostering belonging.
- Communicate with Impact: Listen empathetically, influence effectively, and convey messages clearly.
- Expand Your Network: Proactively develop broad internal and global connections and build a strong external professional network.
Drive & Innovation
- Generate Ideas: Create and develop innovative solutions.
- Embrace Change: Adapt to evolving circumstances and welcome new perspectives.
- Achieve Results: Maintain a strong work ethic and consistently deliver outcomes.
Business & Technical Mastery
- Business Acumen: Continuously enhance business knowledge, understand market shifts, and apply insights to create customer value and drive sustainable growth for 21Shares.
Technical Proficiency: Apply diverse capabilities and expertise to deliver high-quality results, bringing valuable perspective to your role.
Customer Centricity
- Solve Problems: Be solution-driven and a proactive problem-solver.
- Seek & Act on Feedback: Positively invite and respond to feedback.
- Uphold Ethics: Demonstrate consistently high ethical standards.
- Deliver Excellence: Meet and exceed customer expectations with a focus on quality.