Risk Manager - Country & Operational Risk

Coinbase; Greater London; Hybrid; GBP 95,490 - 106,100; Full time

Benefits offered by this job

Equity

Bonus eligibility

Medical coverage

Job summary

Coinbase in the United Kingdom seeks a Risk Manager to run the CBPL entity-wide risk framework and contribute to Global ORM programs. You will manage second-line-of-defence activities for operational, regulatory, outsourcing, and conduct risks while collaborating with global teams to strengthen risk posture.

The role emphasizes cross-functional leadership, oversight of risk processes, and ensuring decisions align with UK regulatory expectations.

Qualifications

• 7-10+ years of risk management experience in UK-regulated financial services.
• Practical experience applying UK regulatory frameworks to entity-level risk programs.
• Proven ability to design and implement risk processes (RCSAs, KRIs, incident management, scenario analysis).
• Ability to use generative AI responsibly with human oversight.

Responsibilities

• Own CBPL's entity-level risk framework, run RCSAs, incident management, KRI monitoring, and risk reporting.
• Lead 2LoD risk challenge on new products, change initiatives, and governance across CBPL.
• Drive CBPL outsourcing and third-party risk oversight, including intra-group arrangements and risk resilience.
• Build and enhance Coinbase's global Operational Risk Management framework and program areas.
• Partner with global product and operations teams to review products for operational-risk impacts.

Skills

Risk management

UK regulation

2LoD governance

RCSA

Scenario analysis

Job description

Ready to do the most impactful work of your career? AtCoinbase, we are uncompromising on our mission to increase economic freedom. The bar is high, the environment is intense, and we like it that way. This isn't a place for complacency, it’s a place to be pushed past your perceived limits. If you're ready to build the future of finance alongside people who refuse to settle for "good enough," you belong here. Coinbase is a remote-first, but not remote-only company. Expect to get together quarterly for intense in-person working sessions called “surges.”learn more about working at Coinbase.

CB Payments, Ltd (CBPL) is Coinbase’s UK‑incorporated electronic money institution, authorised and supervised by the FCA and registered as a cryptoasset exchange and custodian wallet provider, enabling customers to move between fiat and crypto and access Coinbase’s UK platform.

This dual‑hatted role serves both as CBPL’s 2LoD Country Risk Manager and as a Risk Manager within Global Operational Risk Management (ORM), running the local risk framework for the UK entity and contributing to Coinbase’s enterprise‑wide operational risk programs so that risks remain within appetite while the UK business grows safely.

As a Risk Manager - Country & Operational Risk, you'll serve a dual-hatted role across CBPL (Coinbase's FCA-authorised UK entity) and Global Operational Risk Management. Our Enterprise Risk Management team builds and runs the frameworks that keep Coinbase growing safely within risk appetite across every entity and jurisdiction. You'll own CBPL's second-line-of-defence risk framework covering operational, financial, regulatory, outsourcing, and conduct risks while co-owning global ORM program areas that strengthen our enterprise-wide risk posture.

What you'll do:

• Own CBPL's entity-level risk framework, running RCSAs, incident/issue management, KRI/KCI monitoring, and risk-appetite reporting for the CBPL Risk Committee and Board.


• Lead 2LoD risk challenge on new products, change initiatives, and governance across CBPL, including MiFID-related change as the licence is pursued.


• Drive CBPL outsourcing and third-party risk oversight, including intra-group arrangements, exit planning, concentration risk, and operational resilience for important business services.


• Build and enhance Coinbase's global Operational Risk Management framework, owning one or more program areas such as incident management, scenario analysis, resilience, or loss analytics.


• Partner with global product and operations teams as a trusted 2LoD advisor, reviewing new products and change for operational-risk impacts with a focus on the UK footprint.


• Strengthen risk culture across CBPL and Global ORM by clarifying 1LoD/2LoD roles, coaching first-line leaders, and embedding UK regulatory expectations in everyday decisions.

Required Skills and Experience:

• 7-10+ years of risk management experience in UK-regulated financial services, with demonstrated depth in operational risk, enterprise risk frameworks, and three-lines-of-defence governance.


• Practical experience applying UK regulatory frameworks (SYSC, MiFIDPRU/IFPR, operational resilience, outsourcing, conduct, Consumer Duty) to entity-level risk programs.


• Prior experience preparing decision-useful risk MI for Boards, risk committees, and regulators, and engaging with internal audit as a 2LoD function.


• Proven ability to design and implement risk processes (RCSAs, KRIs, incident management, scenario analysis) at both entity and group level within a matrixed, global organization.


• Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.

Position ID: P76566

Pay Transparency Notice: The target annual base salary for this position can range as detailed below. Total compensation may also include equity and bonus eligibility and benefits (including medical, dental, and vision).

Annual base salary range (excluding equity and bonus):: £95,490 GBP - £106,100 GBP

• Application Limit: Candidates may submit a maximum of 3 applications within a 6-month period.


• Equal Opportunity Employer: Coinbase is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, protected veteran status, or genetic information. Applicants with criminal histories will be considered consistent with applicable federal, state, and local laws.


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• Accommodations: If you are an individual with a disability who needs a reasonable accommodation, email us your request and contact info at accommodations[at]coinbase.com.Need screen reading technology? Click here to download a free compatible screen reader and view thetutorial.


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