Role in brief
This role at Binance focuses on conducting Enhanced Due Diligence (EDD) for high-risk clients and ensuring compliance with global anti-money laundering (AML) and counter-financing of terrorism (CFT) standards. The position involves assessing transaction activity, performing risk assessments, and contributing to EDD process improvements. It is suitable for a compliance professional with expertise in high-risk client management and global regulatory frameworks.
About the role
As a Compliance EDD/High Risk Client Analyst, you will be responsible for completing Enhanced Due Diligence reviews for high-risk customers. This involves analyzing their transaction activity to confirm it aligns with their stated business nature and conducting thorough risk assessments for both new and existing clients. Your work will directly support Binance's adherence to global compliance standards.
A key part of this role is staying informed about international EDD standards, such as those from FATF, and local regulations in the regions where Binance operates. You will provide expertise on AML/CFT matters and manage escalations concerning high-risk customers from other business units. This position also includes drafting essential compliance documentation, such as policies and procedures.
Success in this role means contributing to the enhancement of EDD processes and ensuring Binance maintains a robust compliance posture for its high-risk client base. You will work within a global organization, tackling fast-paced projects that require strong analytical and problem-solving skills, ultimately helping to build an inclusive financial ecosystem.
The salary for this position ranges from $105,000 to $175,000 USD.
Skills that matter here
- EDD: This role primarily involves supporting and completing Enhanced Due Diligence reviews for high-risk customers.
- AML: You will provide subject matter expertise on Anti-Money Laundering and manage related risks.
- CFT: The position requires understanding and addressing Counter-Financing of Terrorism risks.
- compliance: You will ensure adherence to global compliance standards and local requirements.
- risk assessment: A core responsibility is conducting risk assessments for new and existing customers.
Who this role suits
- You are a detail-oriented professional with a strong understanding of global compliance regulations.
- You are comfortable analyzing complex financial data and identifying potential risks.
- You thrive in a fast-paced, results-driven environment and can manage high-priority escalations.
- You possess excellent communication and writing skills for drafting policies and interacting with various teams.
From the employer
- Supporting 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 defense and other business units
- Drafting of documentation including, but not limited to policies, programs, procedures, guidance documents, training materials, and impact assessment/analysis
- ACAMs, ACFCS or other industry leading certification would be an advantage
- Knowledge and experience with global CDD/EDD requirements
- 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
- Fluency in English is mandatory
- 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 remote work policy for this role?
This position offers a work-from-home arrangement, though the specific setup may vary depending on the business team's needs.
What level of experience is expected for this role?
The job description does not specify a seniority level or required years of experience, but it does mention that industry certifications like ACAMs or ACFCS are advantageous.
What are the core skills required for this position?
Key skills include experience with EDD, AML, CFT, compliance, and risk assessment, along with knowledge of global CDD/EDD requirements and complex beneficial ownership structures.