Full-Time
Compliance EDD/High Risk Client Analyst
Posted on 7/26/2024
Binance
10,001+ employees
Cryptocurrency exchange for trading and earning
Mid, Senior
Remote in USA
- ACAMS, ACFCS or other industry leading certification
- 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. Fluency in additional languages would be an advantage
- 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
- Remaining current on global EDD standards such as FATF, as well as local requirements in regions that the company operates
- Providing AML/CFT subject matter expertise
- Managing high-risk customer escalations from the first line of defense and other business units
- Drafting documentation including policies, programs, procedures, guidance documents, training materials, and impact assessment/analysis
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 stands out as the largest crypto exchange by trade volume, aiming to provide comprehensive services for both new and experienced traders.
Company Stage
Series A
Total Funding
$90.8K
Headquarters
Valletta, Malta
Founded
2017
6 month growth
↑ 4%1 year growth
↑ 9%2 year growth
↑ 36%
Simplify's Take
What believers are saying
- Binance's continuous innovation, such as the introduction of the 'Trailing Down' feature for futures trading, keeps it at the forefront of the industry.
- Expansion into emerging markets like Ghana and Abu Dhabi indicates strong growth potential and increased global presence.
- The platform's ability to support high-leverage trading options, like the 25X leverage for Curve DAO Token, attracts advanced traders and boosts market activity.
What critics are saying
- Legal challenges, such as those faced in Nigeria and the loss of license in Washington, pose significant regulatory risks.
- The competitive landscape, with players like Robinhood expanding into AI-powered investing, could erode Binance's market share.
What makes Binance unique
- Binance's extensive range of services, including Spot, Margin, Futures trading, and an NFT marketplace, sets it apart from many competitors who offer more limited functionalities.
- The platform's significant user base of over 166 million and its status as the largest crypto exchange by trade volume provide a strong network effect and liquidity advantage.
- Binance's Launchpad and Binance Earn services offer unique opportunities for users to engage with new tokens and earn passive income, differentiating it from other exchanges.
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