Product Manager II, DeFi Borrow

Overview

Own the end-to-end product experience for crypto-backed borrowing within the DeFi Borrow team, bridging Coinbase's centralized platform with onchain lending protocols.

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.

What you'll need

• 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.

Details

• Remote-first, but not remote-only; expect to get together quarterly for in-person working sessions called "surges."
• Annual base salary range (excluding equity and bonus): $180,370 — $212,200 USD.
• Candidates may submit a maximum of 3 applications within a 6-month period.