Role in brief
Binance is seeking an FX Operations Manager to oversee their foreign exchange conversion operations, from quote management to settlement. This role involves monitoring pricing, optimizing vendor selection, and resolving transaction issues. Candidates with a background in payments or FX operations, who are interested in cryptocurrency and possess strong analytical skills, should consider applying.
About the role
This role focuses on the end-to-end management of foreign exchange conversion operations. Responsibilities include overseeing the entire process from initial quote management through trade execution and final settlement. A key part of the job involves monitoring the performance of the real-time FX pricing engine and optimizing the logic for selecting vendors to ensure efficient and accurate transactions. The position also entails managing escalations related to failed transactions and API errors from providers, requiring quick problem-solving abilities.
The FX Operations Manager will be responsible for daily reconciliation of all currency inflows and outflows, ensuring financial accuracy. Building and maintaining relationships with banking partners is also a critical component, as is close collaboration with internal Risk, Compliance, and Legal teams to ensure all operations adhere to regulatory standards. Additionally, this role involves partnering with Product and Tech teams to support the rollout of new features, contributing to the platform's continuous improvement.
Success in this position means ensuring smooth, compliant, and efficient FX conversion operations. This involves proactively identifying and resolving issues, optimizing processes for better performance, and effectively managing external and internal stakeholder relationships. The ideal candidate will bring a detail-oriented approach to financial operations and a data-savvy mindset to understand and improve key operational metrics within a fast-paced environment.
The salary for this position ranges from $135,000 to $225,000 USD.
Skills that matter here
- payment industry or FX operations fields: Five years of experience in these areas is required to manage the complexities of foreign exchange conversions and transaction processes.
- Cryptocurrencies, Blockchain, and trading or finance/banking/payments industry: An interest in these domains is important for understanding the context of Binance's operations and contributing effectively.
- Attention to detail: This is crucial for accurate daily reconciliation, monitoring pricing, and managing transaction settlements.
- Data-savvy with an understanding of basic metrics of operations: This skill is necessary for monitoring engine performance, optimizing vendor selection, and analyzing operational efficiency.
- Ability to troubleshoot and discover answers quickly: This is essential for handling escalations, resolving failed transactions, and addressing provider API errors efficiently.
- Fluent in English: Strong English communication skills are needed for collaborating with internal teams and external banking partners.
Who this role suits
- You have a background in finance or international business and at least five years of experience in payment or FX operations.
- You are meticulous and detail-oriented, especially when dealing with financial data and reconciliation tasks.
- You are a proactive problem-solver, capable of quickly troubleshooting issues and finding resolutions.
- You are interested in the cryptocurrency and blockchain space, aligning with the company's core business.
From the employer
- Oversee end-to-end FX conversion operations including quote management, trade execution, and settlement.
- Monitor real-time FX pricing engine performance.
- Manage and optimize intelligent vendor selection logic.
- Handle escalations for failed transactions and provider API errors.
- Own daily reconciliation across all currency inflows/outflows.
- Maintain and develop relationships with banking partners.
- Work closely with Risk, Compliance, and Legal teams.
- Partner with Product and Tech teams on new feature rollouts.
- Bachelor degree or above, preferably in finance/International Business.
- 5+ years experience in payment industry or FX operations fields.
- Interest in Cryptocurrencies, Blockchain, and trading or finance/banking/payments industry.
- Attention to detail with excellent communication skills.
- Data-savvy with an understanding of basic metrics of operations.
- Ability to troubleshoot and discover answers quickly.
- Fluent in English.
- Shape the future with the world’s leading blockchain ecosystem.
- Collaborate with world-class talent in a user-centric global organization.
- Tackle unique, fast-paced projects with autonomy.
- Competitive salary and company benefits.
- Work-from-home arrangement.
Questions about this role
What is the remote work policy for this role?
This is a full-time, remote position with a work-from-home arrangement.
What level of experience is required?
Candidates should have a Bachelor's degree or above, preferably in finance or international business, and at least five years of experience in payment or FX operations fields.
What are the key skills needed for this position?
Key skills include experience in payment or FX operations, an interest in cryptocurrencies, attention to detail, data savviness, troubleshooting ability, and English fluency.