Institutional RWA Platform - Product Manager - DeFi, Yield, Risk

Hyphen Connect Limited

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Hong Kong Until 8/22/2026 First posted December 10, 2025 Last posted December 10, 2025
Job description

About the Company / Protocol

We are supporting a leading institutional-grade RWA (real-world asset) DeFi protocol focused on tokenized credit, real-yield products, and fully collateralized, composable primitives. Emphasis is placed on robust risk management, on-chain transparency, legal structuring, and credit enhancement to meet the standards of traditional financial institutions.

About the Role

Dual-hat senior role combining competitive product strategy with institutional-grade credit underwriting and portfolio management for a leading tokenized real-world asset (RWA) protocol.

Two core mandates:

  1. Product/Token level → Design the next generation of yield-bearing tokenized credit products that are clearly win on risk-adjusted return vs. the rest of the market
  2. Collateral level → Build and run a proper institutional credit investment process (research → due diligence → onboarding → ongoing monitoring) for hundreds of millions (eventually billions) in traditional-finance collateral

Key Responsibilities

Product & Competitive Intelligence

  • Continuous tracking and reverse-engineering of competing tokenized credit / RWA yield products across all major protocols
  • Identify gaps in the market and propose new yield-bearing tokens with differentiated risk/return and structural edge
  • Build both the investment thesis and the commercial/competitive positioning for each new product
  • Partner with marketing/intelligence team on upcoming launches and narrative timing

Credit Investment & Portfolio Management

  • Design and implement institutional-grade due diligence frameworks for private credit, structured credit, treasuries, and other real-world collateral
  • Lead legal, financial, and operational due diligence on new collateral pools or funds
  • Author investment memos / proposals for executive team and (eventually) governance/token holders
  • Build ongoing risk-monitoring dashboards and reporting (both internal and on-chain transparency)
  • Work cross-functionally with quant/dev, legal, risk, and ops teams to automate processes wherever possible

Requirements

  • 5–10+ years in private credit, fixed income, structured finance, or credit fund roles at a bank, hedge fund, credit fund, asset manager, or rating agency
    (ex: Goldman/BlackRock/JPM credit research or trading, Ares/Oaktree/Apollo, Monroe Capital, etc.)
  • Direct experience underwriting or monitoring loans, CLOs, ABS, corporate credit, trade finance, or similar
  • Already active in the RWA/DeFi credit space (you know the difference between good and bad tokenization structures)
  • Ability to write clear, concise investment memos that both crypto natives and tradfi credit committees respect
  • Bonus: prior structuring or product development experience on tokenized funds or yield products
  • Mandarin fluency is a significant advantage
  • Location: Fully remote — strong preference for North America (NYC/SF/Chicago) or Asia-Pacific (Singapore/HK/Taiwan/Seoul/Tokyo) time zones
About this role

Summary

Manage tokenized credit products and institutional credit processes for a DeFi protocol.

Job title

Institutional RWA Platform - Product Manager - DeFi, Yield, Risk

Experience level

5–10+ years

Industry

finance

Location requirements

Hong Kong, remote work allowed, preference for Asia-Pacific or North America

Salary

Not specified

Management role

No

Skills & keywords

Required skills

private creditfixed incomestructured financecredit underwritingrisk monitoring

Preferred skills

tokenized fundsyield productslegal due diligenceMandarin

Specializations

DeFicreditrisk managementtokenizationportfolio management
Locations

Structured locations inferred from the posting.

Hong Kong

Remote Country