Location: Dubai preferred, remote accepted.

Employer: STE Investments.

Focus: Allocating capital to stablecoin and Ethereum yields across chains. Opportunistic farming of new protocols and rewards. Early stage investments into crypto projects. Robust risk management. In this role, you will lead the STE Yield fund.

Why this matters

DeFi has matured from simple lending to a layered yield stack: over-collateralized lending, RWA-backed stablecoin yield, LST and restaking rewards, yield tokenization, and protocol incentives. It now spans Ethereum L1, major L2s like Base, and app-chains. Top venues include Aave and Morpho for lending, Maker’s Spark Protocol for stablecoin yield, Pendle for yield tokenization, and synthetic stablecoin yield like USDe that uses delta-neutral hedging. Restaking through EigenLayer adds a new reward surface, with higher complexity and new risk channels. Base is growing quickly as a low-cost L2 for on-chain finance. Other protocols, such as Plasma, offer to be “stable chains” built for payments.

The opportunity is huge. DeFi is reshaping the entire financial system, pressuring traditional players to adapt, from banks to payment services to brokerages. The goal is to capitalize on this by building an institutional, cross-chain portfolio that benefits from the dramatic growth headwinds, keeps a pulse on innovation in the industry, and compounds through market cycles.

Mission

Design and run our portfolio for stablecoins and core assets such as ETH, optimized for yield. Target superior returns with strict drawdown and risk controls. Build a research pipeline that surfaces new opportunities early (yield, rewards, incentives, new projects), then productionize those that survive diligence.

What you will do

Portfolio Management

• Construct and manage a stablecoin-led portfolio across Ethereum, Base, and other L2s. Blend yields, variable and fixed exposures, rewards, staking, and other incentives.
• Source and size allocations across ideas such as:
  • Over-collateralized lending: Aave, Morpho Vaults, Spark, and other blue-chips.
  • Yield tokenization: Pendle principal and yield tokens for fixed or levered exposures.
  • Restaking and LST stacks: selective EigenLayer opportunities and liquid restaking tokens where risks are acceptable.
  • Selective synthetic stablecoin yield: e.g., USDe, with strict risk flags and size caps.
  • Base ecosystem liquidity: Aerodrome pools, bribe markets, and ve-tokens.
• Maintain a global portfolio strategy with triggers, drawdowns, and rebalancing schedule.
• Assign a small percentage to equity, convex bets on early crypto projects (not yield).

Research and Risk

• Maintain a live opportunity inventory with expected APY, risk rating, TVL quality, depth, emissions model, and operational complexity.
• Lead diligence across smart contract, oracle, market, liquidity, stablecoin, governance, bridge, and operational risk.
• Define kill-switches for depegs, TVL flight, oracle anomalies, or governance events.
• Track protocol health: TVL concentration, borrow usage, liquidation behavior, bug bounty coverage, audits, and upgrade cadence. Assign a risk score to each protocol.
• Maintain scenario tables and exit plans to mitigate tail risks.