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A digital currency exchange, Coinbase is used by consumers, merchants, and traders to buy and sell cryptocurrencies, such as Bitcoin, Ethereum, and Litecoin. Fo
Sourcing Analyst
Location
United States
Posted
118 days ago
Salary
$108.6K - $127.8K / year
Seniority
Mid Level
Job Description
Sourcing Analyst
Coinbase
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. 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. The Sourcing Analyst – Services is part of Coinbase’s Source to Pay (S2P) organization within the Finance team. The team manages Coinbase’s third‑party services ecosystem across categories such as CX BPO, marketing and media, professional services, and corporate functions (Finance, People, Compliance). In this role, you support the Strategic Sourcing – Services team by running structured sourcing events, negotiating commercial terms, and maintaining strong vendor relationships that drive savings, reduce risk, and enable Coinbase’s mission to increase economic freedom in the world. This position is ideal for an analytically minded, detail‑oriented sourcing professional who enjoys a fast‑paced, async‑first environment and wants to grow their career in services sourcing at Coinbase. What you’ll be doing: Strategic sourcing - Lead and support end‑to‑end sourcing for services engagements (e.g., CX BPO, consulting, marketing agencies, people/benefits, compliance, and other shared services), from intake in Zip through RFx, evaluation, negotiation, and contract execution. - Partner with internal requesters to clarify scope, business requirements, timelines, and success metrics for each engagement. Contracting, negotiation, and risk mitigation - Support a high volume of contracts (40+ per month) in an async culture while maintaining a strong Customer Focus for internal stakeholders. - Review and negotiate commercial terms (e.g., pricing, SLAs, renewals, termination, usage tiers) with vendors, partnering closely with Legal, Security/TPRM, P2P, and business stakeholders to reduce financial, legal, and operational risk for Coinbase. - Serve as an external‑facing representative of Coinbase in vendor communications, reinforcing our expectations for service quality, data protection, and compliance with Coinbase purchasing policies. Analysis, savings, and category management - Perform qualitative and quantitative analysis on vendor proposals, pricing models, and spend/usage data to support award recommendations and category strategies for Services. - Contribute to spend management initiatives focused on savings, process efficiency, supplier consolidation, risk reduction, and improved transparency and control of expenditures. - Help maintain vendor tiering/segmentation and category plans for Services, including views of top vendors, concentration, pipeline, and savings tracking. Operational excellence and tools - Use Zip, Ironclad, and Google Workspace to manage sourcing workflows, contracts, and documentation, ensuring data quality, auditability, and adherence to S2P SLAs. - Keep sourcing Desktop Procedures (DTPs), playbooks, and templates for Services current, accurate, and easy for stakeholders and BPO partners to follow; proactively identify and close documentation gaps. - Collaborate with BPO partners to balance volume, improve cycle times, and maintain a consistent stakeholder experience. Stakeholder partnership and communication - Build trusted relationships with cross‑functional partners in Finance, CX, Marketing, People, Legal, Security/TPRM, P2P, and Outsourcing, helping them navigate S2P processes and understand sourcing trade‑offs. - Communicate clearly and asynchronously (Slack, Docs, Sheets) to provide status updates, surface risks, and explain the impact of sourcing decisions to business partners and leadership. What we look for in you: - Demonstrates the ability to responsibly use generative AI tools and copilots (e.g., LibreChat, Gemini, Glean) in daily workflows, continuously learn as tools evolve, and apply human‑in‑the‑loop practices to deliver business‑ready outputs and measurably improve efficiency, cost, and quality. At the L4 level, brings hands‑on experience using AI to draft sourcing artifacts (e.g., RFx documents, vendor analyses, and contract redlines), analyze spend and proposal data, and streamline stakeholder updates, and shows clear enthusiasm for experimenting with new AI capabilities and sharing best practices with the broader S2P and Finance teams. Education and background - BA/BS degree, preferably with an analytical focus (e.g., Business, Economics, Accounting, Engineering, or similar fields). - 2–4 years of relevant experience in strategic sourcing, procurement, consulting, operations, or related roles; experience with services categories (BPO, marketing, professional services, corporate services) is strongly preferred. Skills and expertise - Proven ability to operate in a fast‑paced, high‑volume environment with strong attention to detail, managing multiple requests and stakeholders at once. - Strong quantitative skills and a data‑guided approach to problem solving; experience analyzing spend, proposals, and usage data to inform sourcing strategy and vendor selection. - Comfort working with contracts and commercial terms and partnering with Legal on redlines for services agreements, SOWs, and order forms. - Proficiency with modern productivity tools (e.g., Google Workspace) and openness to learning S2P tools such as Zip and Ironclad. Ways of working and culture alignment - Demonstrated ability to Act Like an Owner: you proactively identify issues, propose solutions, and drive them through to resolution with limited direction. - Strong Clear Communication skills in an async‑first culture; you structure your thinking, write clearly, and tailor communication to the audience. - Commitment to Efficient Execution and Customer Focus — you balance speed and quality, respect SLAs, and keep internal stakeholders informed and supported. - Genuine interest in Coinbase’s mission and the future of digital currency; ideally, you are already a Coinbase user or are excited to become one. - Demonstrates the ability to responsibly use generative AI tools and copilots (e.g., LibreChat, Gemini, Glean) in daily workflows, continuously learn as tools evolve, and apply human‑in‑the‑loop practices to deliver business‑ready outputs and drive measurable improvements in efficiency, cost, and quality Nice to haves: - Direct experience sourcing or managing services vendors such as CX BPO providers, marketing/creative agencies, consulting firms, benefits/HR providers, or audit/compliance partners. - Familiarity with S2P and spend‑management tools (e.g., Zip, Ironclad, Navan, or similar platforms). - Experience in high‑growth tech, fintech, or crypto environments where processes and playbooks are evolving, and/or exposure to third‑party risk management, security/privacy reviews, or other regulated environments. Pay Transparency Notice: Depending on your work location, the target annual base salary 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): $108,630—$127,800 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. Commitment to Equal OpportunityCoinbase 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 Employee Rights and the Know Your Rights notices by clicking on their corresponding links. 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 ApplicantsDepending 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. AI DisclosureFor select roles, Coinbase is piloting an AI tool based on machine learning technologies to conduct initial screening interviews to qualified applicants. The tool simulates realistic interview scenarios and engages in dynamic conversation. A human recruiter will review your interview responses, provided in the form of a voice recording and/or transcript, to assess them against the qualifications and characteristics outlined in the job description. For select roles, Coinbase is also piloting an AI interview intelligence platform to transcribe and summarize interview notes, allowing our interviewers to fully focus on you as the candidate. The above pilots are for testing purposes and Coinbase will not use AI to make decisions impacting employment. To request a reasonable accommodation due to disability, please contact accommodations[at]coinbase.com
Benefits
- 401(K), 401(K) matching, Childcare benefits, Company equity, Company-sponsored outings, Continuing education stipend, Dental insurance, Employee stock purchase plan, Family medical leave, Flexible Spending Account (FSA), Free daily meals, Generous parental leave, Health insurance, Job training & conferences, Life insurance, Paid volunteer time, Paid holidays, Paid sick days, Performance bonus, Promote from within, Lunch and learns, Relocation assistance, Remote work program, Free snacks and drinks, Team based strategic planning, OKR operational model, Vision insurance, Wellness programs, Mental health benefits, Home-office stipend for remote employees, Employee awards, Pay transparency, Personal development training, Flexible time off, Bereavement leave benefits, Company-wide vacation
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