Senior Coinbase Risk Solutions Trader at Coinbase - Apr 24

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Senior Coinbase Risk Solutions Trader


Coinbase Jobs · US - Remote · Technical Services
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Job Overview

Coinbase Risk Solutions (CRS) is the subsidiary of Coinbase responsible for creating structured yield and access products for Coinbase’s institutional and crypto-native clients.

We are growing this team and are looking for motivated people to help chart the path of a new and rapidly expanding business. If you have a positive, proactive, startup mentality, and are interested in joining a highly disruptive business on the forefront of the burgeoning cryptocurrency industry, then you’ve come to the right place.

CRS is managed from Singapore but has a global team drawn from traditional finance, legal, fintech and crypto-native backgrounds. We are looking for an experienced quant/trader with at least 4 years experience. The candidate will have executed and managed a multistrat portfolio, mostly delta-hedged using spot and derivatives (futures/options), ideally having leveraged this experience in a crypto native firm.

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

  • Execution of CRS transactions
  • Constant monitoring of the book positions to adhere to risk management limits
  • Pre and post trade processing - daily reconciliation with ops team
  • Development and maintenance of pricers
  • Analyze and backtest trading strategies for optimizing hedging of the book
  • Extensive interaction with sales teams and other CRS team members to create new CRS products

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

  • 5y+ experience of strat/trading or quant/trading in a top tier investment bank or buy-side institution - any asset class (preference for crypto, rates/fx)
  • Strong quantitative skills with experience in derivative pricing, calibration and optimization problems
  • Expecting fluent coding skills in Python and Excel
  • Proven track record of managing risk in trading book
  • Must have had hands on experience with options
  • Deep interest in digital assets and the crypto ecosystem
  • Experience working with diverse cross-functional internal stakeholders
  • Remote, with some travel into the NY office

Nice to haves:

  • Backed/fronted experience (Python, react, node, etc.)
  • Has previously built pricer and backtesting engine
  • Established relationships with crypto-native institutions and/or protocols
  • Experience working in a trading role at a crypto firm trading perps and options
  • Additional languages

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Coinbase Overview

Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.

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