Product Manager II, DeFi Borrow

As a Product Manager II for DeFi Borrow at Coinbase, you own the end-to-end product experience for crypto-backed borrowing within the Coinbase Consumer app. You bridge Coinbase's centralized platform with premier onchain lending protocols to deliver simple, secure, and scalable loan flows. You'll define the next generation of onchain credit products, giving customers the power to access the funds they need without selling their investments.

What you'll do

• Own the DeFi Borrow product area end-to-end, from vision and strategy through execution, launch, and ongoing iteration across web and mobile.
• Drive the multi-year roadmap for crypto-backed loans, spanning initial borrow flows, advanced loan management, refinancing, and new product surfaces.
• Define OKRs across workstreams including loan origination, positions management, liquidation, and observability, and lead cross-functional teams to deliver against them.
• Partner with Engineering to ship resilient, scalable borrowing experiences, balancing speed, safety, and reliability across core loan workflows, state tracking, and liquidation monitoring.
• Collaborate with Risk, Compliance, Legal, and Finance to ensure products meet regulatory and controls expectations while preserving an excellent customer experience.
• Build operational rigor through launch runbooks, on-call preparedness, degraded-UI strategies, and incident playbooks that keep DeFi Borrow reliable during market volatility.

What you bring

• 5+ years of Product Management experience shipping consumer or prosumer financial products at scale, including at least one lending, credit, or collateralized product such as margin, secured loans, or DeFi borrowing.
• Demonstrated ability to define and drive multi-quarter strategy, translate it into roadmaps and experiments, and deliver measurable results against growth and portfolio-health goals.
• Familiarity with onchain concepts, smart contracts, and DeFi lending protocols such as Morpho, Aave, and Compound, sufficient to partner effectively with engineers on integrations and loan workflows.
• A proven track record of using quantitative analysis including funnels, cohort behavior, and risk/return tradeoffs to inform product decisions and simplify complex financial concepts into clear, trustworthy consumer experiences.
• The ability to utilize 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 $180,370-$212,200 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 operates a remote-first model and brings teams together quarterly for intense in-person working sessions.