Role in brief
Binance is seeking a Senior Operations Manager for its Traditional Finance (TradFi) products, focusing on equities and ETFs. This role involves managing daily operations, ensuring compliance, and optimizing processes. It suits a candidate with at least five years of experience in securities or brokerage operations, skilled in corporate actions, reconciliation, and regulatory practices.
About the role
This Senior Operations Manager role at Binance involves overseeing the daily operations of TradFi products, specifically equities and ETFs. The position requires ensuring that all activities align with company policies and regulatory standards. A key responsibility is to develop and maintain standard operating procedures (SOPs) that incorporate industry best practices, aiming to enhance overall operational efficiency.
The manager will also be responsible for establishing and implementing risk management procedures to address both operational and market risks. This includes accurately processing equities corporate actions and managing the reconciliation process between the company and its clearing brokers, investigating and escalating any discrepancies. Collaboration with Product and Tech teams is essential to support new product launches and design effective workflows.
Success in this role means maintaining seamless operations, mitigating risks effectively, and contributing to the development of new financial products. The ideal candidate will bring a strong background in trade operations, particularly in areas like corporate actions, clearing and settlement, and trade support. The ability to work across various internal teams, including Compliance and Customer Support, is also crucial for this position.
The salary for this role ranges from $90,000 to $150,000 USD.
Skills that matter here
- TradFi industry experience: This role requires at least five years of experience, preferably in securities, brokerage, or exchange operations, to manage traditional financial products.
- Trade operations across equities and ETFs: The manager must possess strong knowledge of how trades are executed and settled for these specific financial instruments.
- Corporate actions: The position involves hands-on experience in driving and accurately processing corporate actions for equities.
- Reconciliation: This role requires experience in managing reconciliation processes between the company and its clearing brokers, including investigating and resolving breaks.
- SOPs and operational controls: The candidate needs fluency in building clear standard operating procedures and designing effective operational controls to enhance efficiency and compliance.
- Regulatory principles and industry practices: Familiarity with regulatory principles and industry practices related to brokerage operations and client-asset protection is necessary for ensuring compliance.
Who this role suits
- Someone with a meticulous approach to operational details and a strong focus on compliance.
- An individual who thrives in a collaborative environment, working across product, tech, and compliance teams.
- A professional who enjoys building and refining processes to improve efficiency and mitigate risk.
- A candidate with a solid background in traditional finance operations, particularly in securities or brokerage.
From the employer
- Oversee smooth daily operations across the suite of TradFi products, in line with company policies and applicable regulatory requirements.
- Develop, maintain and enhance standard operating procedures (SOPs) that reflect industry best practices and improve operational efficiency.
- Establish and implement operational risk management procedures to mitigate operational and market risks.
- Process equities corporate actions accurately and on time.
- Own reconciliation between the company and its clearing brokers, including break investigation and escalation.
- Collaborate with Product and Tech teams to support new product launches and workflow design.
- At least 5 years of experience in the TradFi industry, preferably in securities, brokerage or exchange operations.
- Strong knowledge of trade operations across equities and ETFs; exposure to listed derivatives (futures/perpetuals) is a plus.
- Hands-on experience driving corporate actions, reconciliation, clearing & settlement, or trade support / middle office.
- Fluency in building clear SOPs and designing operational controls.
- Ability to work effectively across Product, Tech, Compliance and Customer Support.
- Familiarity with the regulatory principles and industry practices around brokerage operations and client-asset protection.
- 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 details may vary depending on the business team's needs.
What level of seniority is expected for this position?
This is a senior-level position, requiring significant experience in the TradFi industry.
What skills are essential for this role?
Essential skills include at least five years of experience in the TradFi industry, strong knowledge of trade operations across equities and ETFs, hands-on experience with corporate actions, reconciliation, clearing & settlement, and the ability to build SOPs and operational controls.