Trading Execution Services Specialist

At Coinbase, our mission is to increase economic freedom around the world, and we couldn’t do this without hiring the best people. We’re a group of hard-working overachievers who are deeply focused on building the future of finance and Web3 for our users across the globe, whether they’re trading, storing, staking or using crypto. Know those people who always lead the group project? That’s us.

There are a few things we look for across all hires we make at Coinbase, regardless of role or team. 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. Finally, we seek people who are excited to learn about and live crypto, because those are the folks who enjoy the intense moments in our sprint and recharge work culture. We’re a remote-first company looking to hire the absolute best talent all over the world.

Ready to #LiveCrypto? Who you are:

• 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.

Coinbase’s Trading Execution Services team provides real-time product and operational support to our Trading Business. Team members are at the front lines of helping institutional clients trade, margin and custody cryptocurrency trades. They ensure our trading systems are always fully operational from a treasury and counterparty credit perspective. Please note, this role will be remote, working in the UK timezone.

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

• Establish procedures and perform appropriate controls (including cash, digital asset and collateral reconciliations), while exercising good judgment in managing risk and following escalation procedures.
• Build and maintain close relationships and partnerships with clients, colleagues (traders, product managers, technology teams, etc.), as well as with external service providers and counterparties.
• Monitor cryptocurrency and fiat balances on execution venues and rebalance as necessary.
• Work with cross functional teams to troubleshoot trading, funding and configuration issues.
• Manage and ensure timely loan and return settlement across assets and resolve related issues daily.
• Ensure appropriate collateral is agreed and transacted with counterparties daily. Calculate margin requirements to ensure compliance with internal and client guidelines, and provide reporting to auditors, management and clients.
• Develop expertise in local market practices through experience, training, classes and outside research, to ensure best of class service.
• Participate in projects as they relate to broader business product and system development, as well as process redesign and improvement.
• Seek to influence the evolution of the marketplace through participation in industry associations and initiatives.
• Settle OTC (over-the-counter) trades with clients and counterparties.

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

• Willingness to be part of a 24/7 support rotation with a global team, including weekend coverage on a rotational basis.
• Professional experience (5+ years) coupled with strong operational background and the ability to multitask will be critical.
• Understanding of financial markets and related instruments.
• Familiarity with cryptocurrencies including exchange trading and blockchain transactions.
• Working knowledge and understanding of securities lending, derivatives, and structured products.
• Solid regulatory background and strong risk awareness.
• Excellent attention to detail, problem solving/analytical abilities, and research skills in a fast pace constantly evolving working environment.
• Adaptable communication skills.

Nice to haves:

• Programming knowledge to help transform manual touch points and create efficiencies in the various workflows.
• Experience with derivatives, swaps, repo, margin finance and structured products a strong plus.
• Experience with on-chain crypto activities a strong plus.

Job #: P51981

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 Pay Transparency, Employee Rights and Know Your Rights notices by clicking on their corresponding links. Additionally, Coinbase participates in the E-Verify program in certain locations, as required by law.

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