Group Product Manager, Coinbase

Institutional Financing

$236.7-278.5k

+ Target Equity + Target Bonus

Senior level
Remote in US
Coinbase

The world’s leading exchange for digital currencies

Be an early applicant

Coinbase

The world’s leading exchange for digital currencies

1001+ employees

FintechB2CB2BCryptocurrencySaaS

Be an early applicant

$236.7-278.5k

+ Target Equity + Target Bonus

Senior level
Remote in US

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

  • First, we look for candidates who will thrive in a culture like ours, where we default to trust, embrace feedback, and disrupt ourselves
  • Second, we expect all employees to commit to our mission-focused approach to our work
  • Most importantly, we seek people who are excited about crypto, because those are the folks who enjoy the intense moments in our sprint and recharge work culture
  • You’ve got positive energy. You’re optimistic about the future and determined to get there
  • You’re never tired of learning. You want to be a pro in bleeding edge tech like DeFi, NFTs, DAOs, and Web 3.0
  • You appreciate direct communication. You’re both an active communicator and an eager listener - because let’s face it, you can’t have one without the other. You’re cool with candid feedback and see every setback as an opportunity to grow
  • You can pivot on the fly. Crypto is constantly evolving, so our priorities do, too. What you worked on last month may not be what you work on today, and that excites you. You’re not looking for a boring job
  • You have a “can do” attitude. Our teams create high-quality work on quick timelines. Owning a problem doesn’t scare you, but rather empowers you to take 100% responsibility for achieving our mission
  • You want to be part of a winning team. We’re stronger together, and you’re a person who embraces being pushed out of your comfort zone
  • 5+ years of product management or product development experience - or significant relevant domain expertise and a passion for learning new skills
  • Exceptional interpersonal communication, relationship management and organizational skills
  • Deep analytical, prioritization and problem solving abilities, and the ability to work effectively with incomplete or ambiguous information
  • Experience shipping new and iterating on successful products at scale
  • Demonstrated product leadership, including evidence of the ability to guide product strategy and create alignment with senior engineers, designers, and cross-functional partners
  • Demonstrated passion for cryptocurrency, financial markets, and the Coinbase mission
  • An entrepreneurial mindset with the ability to work independently, and the drive to break down barriers and make things happen

Desirable

  • Domain expertise or practical experience in Agency Lending, Securities Lending, Prime Brokerage, or Financing Trading in a financial services environment
  • Experience building for or working with Institutional clients, ideally in financing, repo or funding products

What the job involves

  • We are looking for an experienced product manager to lead a significant part of the Financing product range
  • This will include operating and iterating on successful existing customer-facing products such as Agency Lending, which we believe will become a category-defining product in crypto, as well as developing and building totally new ones
  • As the owner of all Supply products on the Institutional Financing + USDC team you’ll own the products, systems and capabilities that customers use to “earn” on their crypto, those that we use to source assets and funding, and those that ensure the right assets get to the right place at the right time at the right price to facilitate the investment journeys of Coinbase institutional customers globally
  • Your success will positively impact the investment strategies and returns of hundreds of institutional clients, and by improving the breadth, depth, and cost of financing in crypto you will have a material positive impact on the development of the digital asset ecosystem overall
  • Identify market opportunities and competition, build business cases and determine product and business strategy
  • Manage the entire product life cycle from planning to execution on a mix of already-roadmapped and wholly-new products and features
  • Collaborate with Engineering, Design and other cross-functional teams to develop product concepts, document requirements and user journeys, and ultimately to quarterback the rapid delivery of new capabilities and features to customers
  • Define and analyze metrics to guide product operation, business development and risk management
  • Align teams around a shared product vision and steer execution across multiple quarters
  • Communicate progress on initiatives and KPIs to cross-functional partners and executive leadership
  • Relentlessly focus on proactively measuring, mitigating and managing risk in all its forms

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.

Freddie headshot

Freddie

Company Specialist

Insights

Led by a woman
Top investors

Some candidates hear
back within 2 weeks

-24% employee growth in 12 months

Company

Funding (last 2 of 8 rounds)

Oct 2018

$300m

GROWTH EQUITY VC

Oct 2018

$108.1m

SERIES D

Total funding: $633.4m

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

Company values

  • Clear Communication - Share information efficiently, improving collaboration and productivity. Practice active listening while. Being candid and kind
  • Positive Energy - Be optimistic about the future and determined to get there. Co-create solutions and work together to get there
  • Continuous Learning - We view every situation as an opportunity to learn, We value giving and receiving regular feedback
  • Efficient Execution - We complete high quality work quickly by working smarter, not harder. We prefer automation over manual work
  • Act like an owner: We take 100% responsibility for achieving the mission. We seek to improve all aspects of our company even in ways that are not explicitly part of our job. We run through brick walls.
  • Customer focus: We are deeply focused on solving our customers’ problems with technology, by enabling them to acquire, store and use crypto. We strive to be the easiest to use, most trusted and most secure platform. In every decision we make, we ask, “How does this create more value for our customers?”
  • Repeatable innovation: We are builders, leveraging technology to improve the world, constantly shipping ideas vs just discussing them. We know that companies must continually reinvent themselves to avoid stagnation. We have a high tolerance for failure, investing 10% of our resources in venture bets that are uncomfortably ambitious

Company HQ

Civic Center, New York, NY

Articles

Leadership

Previously founded UniversityTutor.com, also worked as a Software Engineer at AirBnb

Previously held various head positions, including VP at GE Healthcare, Director at Merrill Lynch and CFO at CIT Bank and Oz Management


People progressing

Joined as a Compliance Analyst, promoted to Compliance Partnerships Senior Associate in 15 months. 2 promotions later, she is now a Financial Crimes & Compliance Manager.

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