Lead of Risk Strategy

About the role

In this role, you will define and implement risk strategies to mitigate fraud across Binance's platform. You will enhance detection capabilities for various risk areas and support new business initiatives with tailored strategies, ensuring compliance and operational efficiency.

You will lead a team focused on improving risk governance and monitoring critical KPIs. Collaboration with engineering and compliance teams is essential to optimize risk detection and align with regulatory standards, fostering a culture of agility to adapt to evolving challenges.

The salary range for this role is between $75,000 and $125,000, reflecting the seniority and expertise required.

Who this role suits

• A senior professional with over five years of experience in risk management or fraud prevention.
• Someone who has a proven track record in developing effective risk strategies and can demonstrate leadership in managing teams.
• A data-driven decision-maker familiar with AI and machine learning applications in risk management.
• An individual who thrives in a fast-paced, results-oriented environment and values continuous learning.

From the employer

Responsibilities:

• Define and implement comprehensive risk strategies to mitigate fraud risks across the platform and user base.
• Enhance detection scopes for key risk areas such as ATO, credit card fraud, and emerging scam patterns.
• Support new business initiatives and product launches with tailored risk strategies and controls.
• Continuously improve risk strategy governance in partnership with engineering teams to optimize risk detection and prevention.
• Monitor and report on critical risk KPIs, to maximize the protection and minimizing the loss.
• Oversee risk strategy management and ensure the quality and stability.
• Optimize risk cost efficiency, such as vendor cost management and risk strategy management efficiency.
• Provide full support to transaction screening and monitoring and other Compliance requirements through project management and innovation.
• Lead strategy initiatives for transaction screening and monitoring optimization, reducing rule complexity while maintaining compliance effectiveness.
• Collaborate closely with Compliance teams to explore and support new business scenarios, ensuring risk controls align with regulatory expectations.
• Lead and manage the risk strategy team, driving organizational changes and management approaches to support business growth.
• Foster a culture of agility and responsiveness within the team to meet evolving risk challenges and high-pressure demands.
• Identify areas for improvement in team structure and processes, implementing changes to enhance efficiency and scalability.
• Leverage advanced technologies, including AI and LLMs, to automate and enhance risk detection and prevention workflows.
• Pilot and scale new risk tools and methodologies, ensuring alignment with business objectives and regulatory standards.

Requirements:

• Extensive experience (5+ years) in risk management, fraud prevention, or related strategic roles within fintech, financial services, or technology sectors, particularly in crypto industry.
• Proven track record in developing and executing risk strategies that deliver measurable risk savings and operational improvements.
• Strong knowledge of fraud detection techniques and compliance requirements.
• Experience managing complex projects and collaborating with cross-functional teams including Compliance, Data Science, Engineering, and Product.
• Demonstrated leadership skills with the ability to drive organizational change and foster high-performing teams.
• Proficiency in data-driven decision making and familiarity with AI/ML applications in risk management is highly desirable.
• Excellent communication, stakeholder management, and problem-solving skills.

Additional:

• 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).