This is a high-stakes role for a heavy-hitting quantitative expert with a deep background in market microstructure. You are likely a Ph.D. or Master’s holder wi
Work type: remote
Location: Remote - USA
Salary: $207,485 – $244,100/yr
Type: Full-time
This is a high-stakes role for a heavy-hitting quantitative expert with a deep background in market microstructure. You are likely a Ph.D. or Master’s holder with 6–8+ years of experience in high-pressure financial environments like a Tier 1 investment bank’s Central Risk Book, a major Clearing House (CCP), or electronic market making. You don't just understand risk; you can architect the automated "liquidation engine" that keeps a global exchange stable during black-swan events. The compensation is highly competitive, reaching up to **$244,100 base** plus equity and bonuses. While the role is remote-first within the USA, the company prioritizes "intense" high-performance culture and requires in-person attendance at several offsites annually. You will have a massive impact, designing logic that balances market risk with execution slippage across both Spot and Derivatives portfolios at scale. **You might be a good fit if you...** * Have deep technical expertise in **Almgren-Chriss frameworks**, stochastic control models, and order book dynamics. * Are proficient in **production-level Python** and can bridge the gap between financial theory and engineering deployment. * Thrive in "stressed regimes" and enjoy solving complex problems involving Greeks, cross-margining, and liquidity fragmentation. * Can defend complex liquidation logic to institutional clients and regulators with quantitative evidence.
Ready to be pushed beyond what you think you’re capable of?
At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.
To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up. We want someone who will run towards, not away from, solving the company’s hardest problems.
Our [work culture](https://www.coinbase.com/mission) is intense and isn’t for everyone. But if you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.
While many roles at Coinbase are remote-first, we are not remote-only. In-person participation is required throughout the year. Team and company-wide offsites are held multiple times annually to foster collaboration, connection, and alignment. Attendance is expected and fully supported.
Team/ Role Paragraph:
As part of Coinbase’s broader risk management organization, the Risk Quant team is responsible for building quantitative models that assess and mitigate risks associated with our risk-bearing products, as well as measuring and monitoring portfolio exposures across the platform. We are looking for a Senior Quantitative Researcher (IC) to lead the design of Coinbase’s next-generation Global Liquidation Engine.
In this role, you will not only manage risk; you will architect the automated machinery that protects the platform during extreme volatility. You will build the algorithms responsible for liquidating distressed portfolios across Spot and Derivatives (Futures, Options) at a global scale. This engine must optimize for aggregated risk reduction, trade slippage, and liquidity fragmentation across multiple venues simultaneously.
You will act as the bridge between Financial Risk, Exchange Liquidity, and Engineering, serving as our resident expert on Market Microstructure and Order Book Dynamics.
What you’ll be doing (ie. job duties):1. Global Liquidation Engine Design
Pay Transparency Notice:Depending on your work location, the target annual basesalary for this position can range as detailed below. Total compensation may also include equity and bonus eligibility and benefits (including medical, dental, vision and 401(k)).
Annual base salary range (excluding equity and bonus):
$207,485—$244,100 USD
Please be advised that each candidate may submit a maximum of four applications within any 30-day period. We encourage you to carefully evaluate how your skills and interests align with Coinbase's roles before applying.