Full-Time

Product Compliance Specialist

Spot and Listings

Posted on 8/12/2024

Binance

Binance

5,001-10,000 employees

Cryptocurrency exchange for trading and earning

Crypto & Web3
Financial Services

Senior, Expert

Remote in USA

Category
Product Management
Product
Required Skills
Communications
Blockchain
Requirements
  • 5+ plus years financial regulatory industry experience, preferably at a crypto native business, fintech, broker-dealer, investment adviser, asset manager, or bank holding company
  • Excellent knowledge of the products - spot trading, launchpool, airdrops, fan token and NFTs
  • Understanding of the technology behind the products
  • Up to date knowledge of recent regulatory developments
  • Excellent communication skills and stakeholder management
  • Demonstrated experience working independently and prioritizing multiple projects based on regulatory risk and business needs
  • An interest in Web3 and understanding of current regulatory narratives
Responsibilities
  • Provide end-to-end compliance control coverage for business unit product launches, new features, maintenance, and support to implement country product restrictions within spot trading, launchpool, airdrops, fan token and NFTs.
  • Generate compliance plans with joint efforts from cross functions to ensure it is managed in accordance with the BU’s objectives, and that best practices are embedded in the products and services.
  • Work closely with product teams, global compliance teams and local/regional PoCs and MLROs to ensure controls are in place, testing is complete and the business can launch on time and in line with regulatory requirements.
  • Participate in daily and weekly meetings for BUs that need to meet regulatory and external partner commitments and support Master Service Agreement negotiations and implementation. Review and implement regulatory changes and provide training to the business as required.
  • Build strong and effective relationships across the business to promote a positive image of the Product Compliance Team and efficiently support and deliver work activities.
  • Analyze regulatory developments that have an impact on product offerings.
  • Assist the team with other products, if required, to ensure contingency and global coverage.

Binance is a cryptocurrency exchange platform where users can buy, sell, and trade a variety of cryptocurrencies, including Bitcoin and Ethereum. It offers multiple trading options such as Spot, Margin, and Futures markets, along with a peer-to-peer service for direct transactions. Users can also earn interest on their crypto holdings through Binance Earn and trade non-fungible tokens (NFTs) in its marketplace. Binance aims to be the largest and most comprehensive platform for cryptocurrency trading, generating revenue primarily through transaction fees.

Company Stage

Series A

Total Funding

$9.7M

Headquarters

Valletta, Malta

Founded

2017

Growth & Insights
Headcount

6 month growth

14%

1 year growth

13%

2 year growth

15%
Simplify Jobs

Simplify's Take

What believers are saying

  • Binance's regulatory approval in Brazil boosts its expansion in Latin America.
  • The launch of bnSOL taps into the growing interest in Solana-based products.
  • New PEPE trading pairs could increase user engagement and trading volume.

What critics are saying

  • Regulatory scrutiny in the U.S. poses significant legal challenges for Binance.
  • Allegations of internal misconduct could harm Binance's reputation and operations.
  • Waning U.S. investor demand may weaken Binance's market position in the U.S.

What makes Binance unique

  • Binance offers a comprehensive range of crypto services, including trading and NFTs.
  • It is the largest crypto exchange by trade volume, serving over 166 million users.
  • Binance provides unique products like Binance Earn and a Launchpad for new tokens.

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Benefits

Competitive salary

Option to be paid in crypto

Health insurance

Flexible working hours

Remote work for many roles

Company sponsored holidays

Learning and development programs

Free language classes

Relocation support

International transfers mid-career

INACTIVE