Product Manager II, DeFi Borrow

Coinbase is a company focused on increasing economic freedom through cryptocurrency and financial products. The Product Manager II will own the DeFi Borrow product experience for crypto-backed borrowing, defining strategy and roadmaps while partnering with engineering, risk, compliance, legal, and finance to deliver secure, scalable loan products.

Responsibilities:

• 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

Requirements:

• 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