Credit Risk Analyst

Coinbase; Honolulu (HI); On-site; USD 95,000 - 112,000; Full time

Job summary

Coinbase is hiring a Credit Risk Analyst to join the Counterparty and Credit Risk team within Financial & Operational Risk. The role manages credit exposure across Coinbase's global institutional client base and underwrites counterparties for lending solutions in a fast-evolving digital asset market.

Based in the United States or United Kingdom, you will own diligence for complex counterparties and monitor portfolio risk.

Qualifications

• 1-3 years of hands-on credit risk management experience.
• Experience covering institutional clients such as hedge funds, asset managers, private equity, or venture capital.
• Working knowledge of capital markets products and standard industry documentation (PBAs, MLAs, prime brokerage agreements).
• Demonstrated ability to produce clear written credit memos and present risk recommendations to senior stakeholders.
• Proficiency building quantitative credit models and exposure analyses using spreadsheets, SQL, or other analytical tools.
• Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.

Responsibilities

• Own diligence and underwriting of institutional counterparties including hedge funds, asset managers, private equity, and venture capital firms.
• Recommend internal credit ratings and risk-based limits, preparing written analysis that substantiates each assessment for senior leadership review.
• Monitor portfolio exposures, conduct periodic surveillance of trading partners, and clearly communicate concentration trends and settlement risks to leadership.
• Analyze asset volatility and liquidity risks on a per-asset and portfolio basis to inform limit-setting and capital planning.
• Negotiate industry documentation and collaborate with business development, operations, legal, and product teams to resolve complex client or product challenges.

Skills

Credit risk

Underwriting

Portfolio monitoring

Capital markets

Credit memos

SQL

Excel

Tools

PBAs

MLAs

Prime Brokerage

Job description

Ready to do the most impactful work of your career? At Coinbase, 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

We're hiring a Credit Risk Analyst to join the Counterparty and Credit Risk team within Financial & Operational Risk. This team manages credit exposure across Coinbase's global institutional client base, underwriting counterparties and delivering lending solutions in a fast-evolving digital asset market. You'll own credit analysis for complex counterparties, recommend risk-based limits, and monitor portfolio exposures that directly inform how Coinbase scales its institutional products. This role is based in the United States or United Kingdom.

What you'll do:

• Own diligence and underwriting of institutional counterparties including hedge funds, asset managers, private equity, and venture capital firms.

• Recommend internal credit ratings and risk-based limits, preparing written analysis that substantiates each assessment for senior leadership review.

• Monitor portfolio exposures, conduct periodic surveillance of trading partners, and clearly communicate concentration trends and settlement risks to leadership.

• Analyze asset volatility and liquidity risks on a per-asset and portfolio basis to inform limit-setting and capital planning.

• Negotiate industry documentation (e.g., PBAs, MLAs, and ACAs) and collaborate with business development, operations, legal, and product teams to resolve complex client or product challenges.

Required Skills and Experience:

• 1-3 years of hands-on credit risk management experience, including counterparty underwriting or portfolio monitoring in a fast-moving financial services or digital asset environment.

• Prior experience covering institutional clients such as hedge funds, asset managers, private equity, or venture capital firms.

• Working knowledge of capital markets products and standard industry documentation (PBAs, MLAs, prime brokerage agreements).

• Demonstrated ability to produce clear written credit memos and present risk recommendations to senior stakeholders.

• Proficiency building quantitative credit models and exposure analyses using spreadsheets, SQL, or other analytical tools.

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

P77678

#LI-Remote

Pay Transparency Notice: Base salary varies by location (see range below). Total compensation may also include equity and bonus eligibility, and benefits (medical, dental, vision, 401(k)).

Annual base salary range (excluding equity and bonus):

$95,030—$111,800 USD

• 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.

• US Applicants: View Employee Rights, Know Your Rights, and E-Verify Notice of Participation.

• 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 the tutorial.

• Data Privacy & Arbitration: By submitting your application, you agree to our Candidate Privacy Notice. US applicants: By submitting your application, you agree to Arbitration of Disputes.