Role overview

Coinbase is seeking a Credit Risk Analyst to join the Counterparty and Credit Risk team within Financial & Operational Risk. This role focuses on managing credit exposure across Coinbase’s global institutional client base, underwriting counterparties, and delivering lending solutions in the digital asset market. You will own credit analysis for complex counterparties, recommend risk-based limits, and monitor portfolio exposures that directly inform how Coinbase scales its institutional products.

Key responsibilities

Conduct due diligence and underwriting of institutional counterparties including hedge funds, asset managers, private equity, and venture capital firms.
Recommend internal credit ratings and risk-based limits, preparing written analysis that supports each assessment for review by senior leadership.
Monitor portfolio exposures and conduct periodic surveillance of trading partners, communicating concentration trends and settlement risks to leadership.
Analyze asset volatility and liquidity risks across individual assets and the broader portfolio to inform limit-setting and capital planning decisions.
Negotiate industry documentation such as Prime Brokerage Agreements, Master Loan Agreements, and Account Control Agreements.
Collaborate with business development, operations, legal, and product teams to resolve complex client and product challenges.

Requirements

One to three years of hands-on credit risk management experience, including counterparty underwriting or portfolio monitoring in a fast-moving financial services or digital asset environment.
Prior experience covering institutional clients such as hedge funds, asset managers, private equity firms, or venture capital firms.
Working knowledge of capital markets products and standard industry documentation including Prime Brokerage Agreements and Master Loan Agreements.
Demonstrated ability to produce clear written credit memos and present risk recommendations to senior stakeholders.
Proficiency building quantitative credit models and exposure analyses using spreadsheets, SQL, or other analytical tools.
Ability to use generative AI responsibly while maintaining human oversight to deliver business-ready outputs and improve workflow efficiency.

What makes this role worth considering

Coinbase operates as a remote-first workplace with quarterly in-person working sessions for focused collaboration. The company emphasizes ambitious work within an intense, high-performing environment where you will work alongside people committed to building the future of finance. The base salary range for this position is $95,030 to $111,800 USD annually, with total compensation potentially including equity, bonus eligibility, and benefits such as medical, dental, vision coverage, and 401(k).