Product Manager, DeFi Borrow

About the role

As a Product Manager for DeFi Borrow at Coinbase, you will oversee the entire product experience for crypto-backed borrowing. Your role will involve defining the vision and strategy, executing the multi-year roadmap, and collaborating with cross-functional teams to create seamless loan flows within the Coinbase Consumer app.

You will work closely with engineering and compliance teams to ensure that products are not only innovative but also meet regulatory standards. Success in this position means delivering measurable results through strategic product decisions and building reliable lending experiences that empower users to access liquidity without selling their assets.

The base salary for this role ranges from $180,370 to $212,200, depending on location.

Skills that matter here

• Product Management: This role requires extensive experience in managing consumer financial products, particularly in lending.
• DeFi concepts: Familiarity with onchain lending protocols is necessary to collaborate effectively with engineering teams.
• Quantitative analysis: You will use data analysis to inform product decisions and improve customer experiences.
• Generative AI: The role involves utilizing AI responsibly to enhance workflow efficiency and product quality.

Who this role suits

• You have a strong background in product management, particularly in financial services.
• You thrive in fast-paced environments and are comfortable pushing boundaries to achieve results.
• You possess a collaborative mindset and can work effectively with diverse teams.
• You are data-driven and can simplify complex concepts for consumer understanding.

From the employer

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 (loan origination, positions management, liquidation, 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.

Required Skills and Experience:

• 5+ years of Product Management experience shipping consumer or prosumer financial products at scale, including at least one lending, credit, or collateralized product (e.g., margin, secured loans, 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 (e.g., Morpho, Aave, Compound) sufficient to partner effectively with engineers on integrations and loan workflows.
• Proven track record of using quantitative analysis (funnels, cohort behavior, risk/return tradeoffs) to inform product decisions and simplify complex financial concepts into clear, trustworthy consumer experiences.
• Utilizes generative AI responsibly, maintaining human oversight to deliver business-ready outputs and drive measurable improvements in workflow efficiency, cost, and quality.

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): $180,370—$212,200 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](https://www.dol.gov/sites/dolgov/files/WHD/legacy/files/eppac.pdf), [Know Your Rights](https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12.pdf), and [E-Verify](https://static-assets.coinbase.com/e-verify.pdf) Notice of Participation.
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• *Data Privacy & Arbitration: By submitting your application, you agree to our [Candidate Privacy Notice](https://www.coinbase.com/legal/applicant_privacy_notice). US applicants: By submitting your application, you agree to [Arbitration of Disputes](https://www.coinbase.com/legal/application-arbitration-agreement).