Operations Analyst

Role Summary: This role is based within CoinShares Capital Markets, the execution arm of CoinShares, and works with the Asset Management team who develop products for the marketplace. The post holder

Role Summary:

This role is based within CoinShares Capital Markets, the execution arm of CoinShares, and works with the Asset Management team who develop products for the marketplace. The post holder will be part of one of the largest Exchange-Traded Note providers in the fast-growing digital asset space.

The post holder will work on products in the Group’s exchange-traded product platform, including: assisting the Head of Product and CoinShares Capital Markets in the development, implementation, and execution of operational models, processes, and procedures for the CS exchange traded product platforms.

The post holder will partner with trading, technology, and a variety of support functions to ensure the product creation and redemption process works at optimal efficiency.

Please note that we cannot offer sponsorship for this role and can only consider applicants who hold the right to work in the UK.

Duties & Responsibilities:


Financial Operations

  • Assist in the development and implementation of operational models, processes, and procedures for new exchange traded product offerings.
  • Assist in management of the Company’s creation and redemption process, including building out operational procedures and business rules for the operation of the creation and redemption tool provided by the service provider and liaising with the ETP administrator, the digital asset custodian, and capital markets team to ensure it functions smoothly.
  • Assist in responding to inquiries regarding ETP creations and redemptions and PCF reports.
  • Identity opportunities for operational efficiencies and reducing risks.
  • Liaise with Finance group to ensure product fees are properly remitted from the products to the Group.
  • Daily Reconciliation of digital asset custodian balances to recorded product holdings.
  • Work with custodian to create new wallets for digital assets held by the products and whitelisted addresses for transactions between counterparties.
  • Assist in the creation and dissemination of ETP PCFs and coin entitlement spreadsheets.
  • Running operational processes for the capital markets group to assist in the verification of balances and P&Ls in the group’s trading activities.

Client Services

  • Responsible for guiding clients throughout the onboarding process start to finish.
  • Building out client reporting functions and internal metrics.

Business Development

  • Supporting new business initiatives for the product development team.
  • Support the Head of Product with other initiatives.

Undertaking any other such duties as may be reasonably required by the role.


Qualifications, Skills & Experience:

  • An achievement of a minimum of 2:1 Bachelor’s degree (or equivalent) is essential. A degree in accounting, finance, economics, business management or sufficiently related experience are desirable.
  • Investment qualifications such as CISI, CFA, IMC, Investment Operations (or equivalent) would be an advantage.
  • Previous experience in product management and operations in asset management is essential.
  • Advanced in Microsoft Office, specifically Excel to operate and improve operations spreadsheets is essential.
  • Demonstrated ability to turn manual tasks into robust automated processes is essential.
  • Strong analytical and research skills is essential.
  • Attention to detail reflected in ability to follow complex and precise processes and instructions is essential
  • Interest in crypto financial markets and blockchain is essential.
  • Experience working with custodians is desirable.
  • Experience in back office at a financial institution, hedge fund or administrator is desirable.
  • Familiarity with Accounting or Finance function would be an advantage.
  • Ability to speak a second European language would be an advantage.

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