Credit Risk Manager, Coinbase

€113.5k

+target bonus +target equity

Senior and Expert level
Remote from Ireland
Coinbase

The world’s leading exchange for digital currencies

Job no longer available

Coinbase

The world’s leading exchange for digital currencies

1001+ employees

FintechB2CB2BCryptocurrencySaaS

Job no longer available

€113.5k

+target bonus +target equity

Senior and Expert level
Remote from Ireland

1001+ employees

FintechB2CB2BCryptocurrencySaaS

Company mission

Their mission is to create an open financial system for the world and to be the leading global brand for helping people convert digital currency into and out of their local currency.

Role

Who you are

  • 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
  • We are looking for a Credit Risk Manager with deep experience managing counterparty risk across financial institutions to support our growing team
  • The right candidate will enjoy operating in a dynamic digital asset market environment and managing complex credit risks across an institutional client base
  • Minimum of 7-10 years’ experience in credit risk management at a global financial institution
  • Meaningful experience underwriting and managing risk to banks, exchanges, payment processors, market makers, and broker dealers
  • Strong quantitative skills and understanding of capital markets products
  • Strong verbal and written communication skills
  • Self-starter with commercial business insight. Able to interact, influence and build relationships at all levels of seniority and across all functions within an organization
  • Able to balance strategic focus with tactical implementation and efficient execution
  • Enjoys analyzing, evaluating and forming independent judgments, and challenging the status quo for better outcomes

What the job involves

  • You will assess the credit and financial strength of counterparties by performing fundamental credit analysis of both quantitative and qualitative credit factors
  • A key component of this role is approving trading activity and risk mitigants to protect against default and minimize potential losses
  • Approve counterparty credit reviews and internal credit ratings analysis conducted by analysts
  • This role will report to a Director, Credit Risk, and may be based remotely in Ireland
  • Assessment of industry fundamentals, financial strengths, and qualitative factors supporting counterparties' creditworthiness
  • Present findings and recommendations to senior leadership and answer questions relating to analysis performed; escalate issues to senior management
  • Lead efforts to produce ongoing surveillance and prepare portfolio observations for senior management
  • Monitor portfolio risks and oversee periodic and ad hoc portfolio reviews
  • Recommend and implement policies and processes, as appropriate for emerging businesses and risks
  • Collaborate with business partners (product, coverage, operations, legal, etc.) to resolve complex client and product challenges

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Insights

Led by a woman
Top investors

-24% employee growth in 12 months

Company

Company benefits

  • 12 weeks maternity/paternity leave
  • Vision and dental care
  • Commuter benefits
  • Learning and development budget
  • Unlimited paid time off policy
  • Work from home opportunities
  • Health insurance

Funding (last 2 of 8 rounds)

Oct 2018

$300m

GROWTH EQUITY VC

Oct 2018

$108.1m

SERIES D

Total funding: $633.4m

Our take

Coinbase allows its users to create their own crypto wallets and start buying or selling cryptocurrencies by connecting with their bank accounts. It also provides a series of merchant payment processing systems and tools that support transactions with many popular websites.

Coinbase has recently made a big push to broaden its services away from consumers and they want to cater services from institutional investors.

Coinbase currently offers one of the largest selection of cryptocurrency assets - over 10,000 but does not allow trading on all of them. The company wisely keeps such offerings to the most stable assets however, the list is always expanding. Coinbase see a much wider adoption of cryptocurrency and tokens in the future, and plan to expand potentially to millions in the future. It speaks volumes to Coinbase's goals of wider global adoption that former UK Finance Minister George Osborne is now an Advisor at the company.

Coinbase's lofty ambitions paid off in it being the first crypto listing on the NASDAQ. The company has weathered several bull and bear runs in the cryptocurrency industry through diversification of its offerings, including wallet-as-a-service technology for crypto platforms, and has acquired healthy coffers of cryptocurrency assets. The aim is to eventually operate independently of the volatility surrounding cryptocurrencies.

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Freddie

Company Specialist at Welcome to the Jungle