Credit Risk Analyst

As a Credit Risk Analyst at Coinbase, you 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 the 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 such as PBAs, MLAs, and ACAs, and collaborate with business development, operations, legal, and product teams to resolve complex client or product challenges

What you bring

• 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 such as PBAs, MLAs, and 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
• Ability to utilise generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality

What we offer

• Annual base salary of $95,030-$111,800 USD, varying by location
• Equity and bonus eligibility
• Benefits including medical, dental, vision, and 401(k)
• Remote-first work with quarterly in-person working sessions called surges

About Coinbase

Coinbase is building the future of finance with a mission to increase economic freedom. The company serves a global institutional client base and operates a remote-first model with quarterly in-person collaboration sessions.