Cryptocurrency Portfolio Manager and Trader

Job description

Summary of the Role

The Cryptocurrency Portfolio Manager and Trader at LawVisory is tasked with constructing and optimizing a diversified portfolio of cryptocurrencies, employing in-depth research and risk management strategies to achieve long-term investment goals for the firm and any additional portfolios requested to manage. This role involves asset allocation decisions, continuous monitoring of portfolio performance, and providing comprehensive reports to stakeholders.

On the other hand, you will be actively involved in the short-term buying and selling of cryptocurrencies, leveraging market analysis and timing to capitalize on price movements. You will execute trades, manage risks through techniques such as stop-loss orders, and adapt their strategies to changing market conditions, requiring quick decision-making, technical proficiency, and the ability to navigate the dynamic nature of the cryptocurrency market. This roles demands a solid understanding of blockchain technology, market trends, and effective communication skills, albeit with a focus on different time horizons and trading objectives.

Cryptocurrency Portfolio Management and Trading Responsibilities

Overseeing and optimizing a portfolio of cryptocurrencies to achieve investment goals and maximize returns while managing risks.

Maintaining and additional structuring of diversified portfolio, based on investment objectives, risk tolerance, and market conditions.

Conducting thorough research on individual cryptocurrencies, assessing their fundamentals, market trends, and potential for growth.

Making strategic decisions on the allocation of capital among different cryptocurrencies and adjusting the portfolio to adapt to changing market conditions.

Implementing risk management strategies to protect the portfolio from market volatility and potential losses.

Regularly monitoring the performance of the portfolio and evaluating the effectiveness of investment strategies.

Staying informed about market trends, news, and regulatory developments to make informed decisions.

Providing clear and concise reports on the portfolio’s performance, asset allocation, and any changes in the investment strategy to stakeholders

Buying and selling cryptocurrencies with the aim of generating short-term profits

Buying and selling cryptocurrencies on various exchanges to capitalize on price movements.

Implementing risk management strategies, including setting stop-loss orders and managing leverage, to minimize potential losses.

Making timely and informed decisions on entry and exit points, as well as adjusting trading strategies based on market conditions.

Understanding and effectively using leverage for margin trading, if applicable, to amplify trading positions.

Proficient use of trading platforms, tools, and possibly algorithmic trading systems.

Staying updated on market trends, new trading techniques, and technological developments in the cryptocurrency space.

Experience Required

Minimum of 10 Years in Portfolio Management and Risk Management – with contactable references

Minimum of 10 years in Cryptocurrency Portfolio Management – with contactable references

Minimum of 5 years working in a Financial Institution in an advisory role – with contactable references

Minimum of 7 years Trading Cryptocurrency – with accessible records dated back from June 2016

Skills Required

Financial Knowledge

Understanding of basic financial concepts, including risk management, portfolio diversification, and market analysis.

Knowledge of fundamental analysis and technical analysis to assess the value and potential of cryptocurrencies.

Market Awareness

Stay informed about market trends, news, and developments in the cryptocurrency space.

Understand the factors that can influence cryptocurrency prices, such as regulatory changes, technological advancements, and market sentiment.

Technical Skills

Proficiency in using trading platforms and tools.

Understanding of blockchain technology, smart contracts, and the technical aspects of different cryptocurrencies.- with contactable references

Risk Management

Ability to assess and manage risks effectively.

Setting realistic profit and loss targets, and adhering to risk management strategies.

Analytical Skills

Strong analytical skills to interpret market data and make informed decisions.

Ability to analyze charts, patterns, and indicators for technical analysis.

Emotional Control

Maintaining emotional discipline in the face of market volatility.

Avoiding impulsive decisions and sticking to a well-thought-out trading strategy.

Continuous Learning

The cryptocurrency market is dynamic, and successful traders are always learning and adapting to changes.

Staying updated on new technologies, market trends, and trading strategies.

Networking

Building connections within the cryptocurrency community and staying engaged with other traders and professionals.

Learning from others’ experiences and sharing insights.

Financial Discipline

Setting a budget for trading and avoiding over-leveraging.

Keeping personal finances separate from trading capital.

Adaptability

Being adaptable to changes in market conditions and adjusting trading strategies accordingly.

Willingness to switch between short-term and long-term trading based on market trends.

Security Awareness

Understanding and implementing proper security measures to protect assets and accounts from hacks and fraud.

Legal and Regulatory Compliance

Staying aware of the legal and regulatory environment surrounding cryptocurrencies in different regions.

Adhering to compliance requirements and ethical trading practices.