Institutional Sales Associate, Derivative Sales (VIP Sales)

Posted 19 Days Ago
Be an Early Applicant
London, Greater London, England
Entry level
Cloud • Fintech • Cryptocurrency • NFT • Web3
Coinbase is a secure platform that makes it easy to buy, sell, and store cryptocurrency.
The Role
As an Institutional Sales Associate in Derivative Sales at Coinbase, you will drive engagement with sophisticated trading firms, educate them about Coinbase's derivatives platform, and work with marketing to enhance awareness of Coinbase's trading capabilities. You'll focus on building and nurturing relationships within institutional and prosumer segments to maximize volume and revenue.
Summary Generated by Built In

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 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.

On the institutional side of our business, some of the world’s most sophisticated trading firms have chosen Coinbase’s industry leading derivatives and spot offerings for trading. This role is part of our Derivative Sales team - which takes care of all Coinbase International Exchange relationships across Institutional and Prosumer segments. Goal is to bring users on platform and maximize volume and therefore revenue. 

We are growing our Institutional Sales team and are looking for motivated people to help chart the path of a new and rapidly expanding business. If you have a positive, proactive, startup mentality, and are interested in joining a highly disruptive business on the forefront of the burgeoning cryptocurrency industry, then you’ve come to the right place.

Our institutional client base includes both “crypto-natives” as well as traditional finance firms getting into crypto for the first time. You will be part of a team that identifies and develops relationships with some of the world’s most advanced trading firms.

What you’ll be doing (ie. job duties): 

  • Working with Marketing and Local Country managers to increase awareness of Coinbase and its Advance Trading capabilities along with its derivatives offering 
  • Educating and bringing on customers onto Coinbase’s derivatives platform. This will be 50/50 across Institutional/Prosumer
  • Identifying broader cross selling opportunities and leveraging the rest of the Institutional team
  • Working alongside product to further develop our product and make it number one in the asset class
  • Market Coinbase International Exchange, which offers Derivatives, to institutional clients and trading firms.
  • Assist senior institutional sales team members in coverage for existing clients as well as lead generation and responding to inbound opportunities.
  • Help to develop and implement regional institutional sales strategy
  • Help the business scale by collaborating with teammates to create and optimize processes for sales, support and CRM.
  • Take part in marketing activities in region; meet face-to-face or virtually with existing and prospective clients, and be involved in hosting and organising client events 

What we look for in you (ie. job requirements): 

  • Minimum 3 years relevant experience, preferably in a sales/account coverage/business development/sales & trading role for a tier-1 cryptocurrency exchange
  • A broad understanding of Derivative markets and products along with experience in providing solutions to Clients’ needs.
  • Existing relationships with market makers / high frequency firms / proprietary trading firms / quantitative trading firms in the cryptocurrency and/or traditional finance space
  • Demonstrable track record of consistently strong performance in prior positions
  • High energy level, eagerness to learn and contribute immediately, willingness to engage in a multi-faceted role as part of a small team
  • Strong strategic thinking, client-facing communication and interpersonal skills
  • Ability to distill complex information into an easily digestible form
  • Willingness to travel up to 30% of the time (as and when it is safe to do so)
  • Intellectual curiousity, passionate about the opportunity and personable (internal and external)
  • Strong team collaboration - this roll crosses all functions of coinbase (Platform, Consumer and Institutional) and across all Product, Legal, Marketing and Sales. It is critical that you have strong team working skills
  • Driven - essentially operating a start up within a start up, so the individual will need to be a self-starter and motivated to push for results without micro-management
  • Entrepreneurial - bring new ideas and methods to the table

Nice to haves:

  • Existing client list (Prosumer + Insto) that can be ported over
  • Good knowledge of marketing / outreach by other exchanges
  • Experience working in a tier 1 asset manager, hedge fund, fintech, technology, brokerage firm, prime broker, prime brokerage services

PID: P60855

#LI-Remote

Commitment to Equal Opportunity

Coinbase is committed to diversity in its workforce and is proud to be an Equal Opportunity Employer.  All qualified applicants will receive consideration for employment without regard to race, color, religion, creed, gender, national origin, age, disability, veteran status, sex, gender expression or identity, sexual orientation or any other basis protected by applicable law. Coinbase will also consider for employment qualified applicants with criminal histories in a manner consistent with applicable federal, state and local law.  For US applicants, you may view the Know Your Rights notice here.  Additionally, Coinbase participates in the E-Verify program in certain locations, as required by law. 

Coinbase is also committed to providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation because of a disability for any part of the employment process, please contact us at accommodations[at]coinbase.com to let us know the nature of your request and your contact information.  For quick access to screen reading technology compatible with this site click here to download a free compatible screen reader (free step by step tutorial can be found here).

Global Data Privacy Notice for Job Candidates and Applicants

Depending on your location, the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA) may regulate the way we manage the data of job applicants. Our full notice outlining how data will be processed as part of the application procedure for applicable locations is available here. By submitting your application, you are agreeing to our use and processing of your data as required. For US applicants only, by submitting your application you are agreeing to arbitration of disputes as outlined here.    


The Company
3,700 Employees
Remote Workplace
Year Founded: 2012

What We Do

Founded in June of 2012, Coinbase is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin. Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system.

Why Work With Us

We’ve taken a huge challenge and made it into our mission: To create an open financial system for the world. To achieve this, we are building a team of smart, creative, passionate optimists, the kind of people who see opportunity where others see roadblocks. If this sounds like you, check out our open roles.

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