Specialist, Prime Finance

Ready to be pushed beyond what you think you’re capable of?

At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.

To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up. We want someone who will run towards, not away from, solving the company’s hardest problems.

Our work culture is intense and isn’t for everyone. But if you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.

Prime Finance's Operations team provides comprehensive support for real-time Financing products and operations (lending/borrowing/margin). The team sits within Institutional Operations Solutions (IOS) and is responsible for managing risk and providing operational solutions to the institutional business at Coinbase.  Teams within IOS interact with many stakeholders within the institutional business to create solutions and strive to develop efficient processes and systems to facilitate the institutional business at scale.  In addition to interacting with internal stakeholder teams, team members in IOS directly face off with institutional clients and provide best in class client service. 

Team members facilitate cryptocurrency loans, manage margin, and oversee all the relevant services to ensure seamless operations from both treasury and counterparty credit perspectives. This role is remote within the US time zone.

What you’ll be doing (ie. job duties): 

• Work with the Prime Finance team on their daily responsibilities, gaining insights into their processes and role within the firm. You will also engage with different IOS teams, including occasional ad-hoc rotational duties outside regular business days where necessary.
• Ensure daily transaction and agreement of appropriate collateral with counterparties, calculate margin requirements, and report to auditors, management, and clients.
• Oversee timely loan and return settlements across various assets, and act as Trade Support to the Trading Team.
• Develop and implement procedures and controls (such as cash, digital asset, and collateral reconciliations), manage risk, and adhere to escalation procedures.
• Identify and manage operational risk and understand compliance and regulatory requirements.
• Identify opportunities for improvement in existing processes and risk management capabilities.
• Participate in system development projects, broader business product initiatives, and process improvements.
• Foster strong relationships with clients, colleagues (traders, product managers, technology teams, etc.), and external service providers/counterparties.

What we look for in you (ie. job requirements): 

• Experience: Minimum 2 years of professional and operational experience with the ability to multitask effectively.
• Market Knowledge: Strong understanding of financial markets, lending, and trading instruments.
• Cryptocurrency Insight: Familiarity with cryptocurrencies, lending, and blockchain transactions.
• Product Background: Knowledge of securities lending, derivatives, and structured products.
• Attention to Detail: Demonstrates meticulous attention to detail, problem-solving abilities, and the capacity to analyze and research efficiently in a dynamic environment.
• Communication: Strong adaptable communication skills.

Nice to haves:

• Programming: Programming knowledge to automate processes and create efficiencies. Proficient in Google Sheets with advanced skills working with data, formula creation, pivot tables, charts, and script automation to streamline and enhance data analysis and reporting processes.
• Financial Products: Experience with derivatives, swaps, repo, margin finance, and structured products.
• On-Chain Expertise: Previous experience with on-chain crypto activities.

Job #: P65492

Pay Transparency Notice: Depending on your work location, the target annual salary for this position can range as detailed below. Full time offers from Coinbase also include target bonus + target equity + benefits (including medical, dental, vision and 401(k)).Pay Range: $112,965—$132,900 USD

Please be advised that each candidate may submit a maximum of four applications within any 30-day period. We encourage you to carefully evaluate how your skills and interests align with Coinbase's roles before applying.

Commitment to Equal Opportunity

Coinbase is committed to diversity in its workforce and is proud to be an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law. Coinbase will also consider for employment qualified applicants with criminal histories in a manner consistent with applicable federal, state and local law.  For US applicants, you may view the Know Your Rights notice here.  Additionally, Coinbase participates in the E-Verify program in certain locations, as required by law. 

Coinbase is also committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please contact us at accommodations[at]coinbase.com to let us know the nature of your request and your contact information.  For quick access to screen reading technology compatible with this site click here to download a free compatible screen reader (free step by step tutorial can be found here).

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