Role in brief
Binance, a global blockchain ecosystem, is seeking a Compliance Analyst for a 12-month contract to focus on Enhanced Due Diligence (EDD). This role involves conducting EDD reviews for high-risk customers, assessing transaction activity, and performing risk assessments. Candidates with at least three years of EDD experience and strong AML/CFT knowledge, who can work remotely or onsite in Asia, should consider applying.
About the role
This role at Binance centers on ensuring compliance with global and local standards through Enhanced Due Diligence (EDD). The analyst will be responsible for completing EDD reviews for high-risk customers, assessing their transaction activities to confirm alignment with business nature, and conducting comprehensive risk assessments for both new and existing clients. A key part of the job involves staying current with international EDD standards, such as FATF guidelines, and local regulatory requirements in operational regions.
Beyond direct customer reviews, the Compliance Analyst will contribute to the broader compliance framework by leading projects aimed at enhancing EDD processes. This includes drafting essential documentation like policies, procedures, and training materials, as well as providing AML/CFT subject matter expertise. The role also involves managing escalations related to high-risk customers from other business units, ensuring consistent application of compliance protocols.
Success in this position means effectively mitigating financial crime risks for Binance by diligently applying EDD principles. The analyst will contribute to maintaining the company's integrity within the global blockchain ecosystem by ensuring robust compliance with anti-money laundering and counter-financing of terrorism regulations. This requires a proactive approach to understanding complex beneficial ownership structures and global licensing requirements relevant to financial and crypto services.
The salary for this full-time contract role ranges from $98,000 to $162,000 annually.
Skills that matter here
- Enhanced Due Diligence: This role requires completing EDD reviews for high-risk customers and leading related enhancement projects.
- Compliance: The analyst ensures adherence to global and local compliance standards, including drafting policies and procedures.
- AML/CFT: The position involves providing subject matter expertise in Anti-Money Laundering and Counter-Financing of Terrorism.
- Risk Assessment: A core responsibility is conducting risk assessments for new and existing customers.
- ACAMs: This industry certification is a requirement, demonstrating foundational knowledge in financial crime prevention.
- Complex beneficial ownership structures: The role requires experience in understanding and analyzing intricate ownership arrangements.
Who this role suits
- You have a meticulous approach to reviewing financial transactions and customer profiles.
- You are proactive in staying informed about evolving global compliance regulations and standards.
- You possess strong analytical abilities to assess risks and make informed decisions.
- You are capable of communicating complex compliance requirements clearly to various stakeholders.
From the employer
Job Description:
- Completion of EDD reviews for high risk customers.
- Assessing high-risk customer transaction activity to ensure it is commensurate with the nature of the business.
- Conducting risk assessments on new and existing customers.
- Leading projects related to EDD enhancements.
- Remain current on global EDD standards such as FATF, as well as local requirements in regions that the company operates.
- Provide AML/CFT subject matter expertise.
- Manage high risk customer escalations from the first line of defence and other business units.
- Drafting of documentation including, but not limited to policies, programs, procedures, guidance documents, training materials, and impact assessment/analysis.
- Training of other employees.
Job Requirement:
- 3+ years of EDD experience
- ACAMs, ACFCS or other industry leading certification
- Knowledge and experience with global CDD/EDD requirements
- Deep understanding of AML/CFT and sanctions risks
- Knowledge of global licensing requirements related to financial services and crypto related business activities
- Experience with complex beneficial ownership structures
- Excellent communication, analytical, logical thinking, problem solving, and writing skills
Additional:
- Why Binance
- Shape the future with the world’s leading blockchain ecosystem
- Collaborate with world-class talent in a user-centric global organization with a flat structure
- Tackle unique, fast-paced projects with autonomy in an innovative environment
- Thrive in a results-driven workplace with opportunities for career growth and continuous learning
- Competitive salary and company benefits
- Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)
Questions about this role
What is the duration of this contract?
This is a 12-month contract position.
What is the remote work policy for this role?
This role can be performed remotely or onsite in Asia.
What certifications are required for this position?
Candidates must have ACAMs, ACFCS, or another industry-leading certification.