Operational Risk Specialist (Third party risk)

Binance, a prominent global blockchain ecosystem, is the force behind the largest cryptocurrency exchange globally, trusted by millions across 100+ countries. Known for its top-tier security, transparent user funds, speedy trading engine, deep liquidity, and a wide array of digital-asset products, Binance offers services spanning trading, finance, education, research, payments, and Web3 features. Leveraging digital assets and blockchain technology, Binance aims to build an inclusive financial ecosystem that enhances financial access and advances the freedom of money worldwide.

Responsibilities

• ERMF & Governance:

  • Aid in crafting risk policies and procedures, and preparing risk training materials
  • Support the maintenance of effective risk governance, including establishing Key Risk Indicators and assisting with Board Committee reporting
  • Provide guidance to Risk Champions/Risk Owners in the 1st line of defense, and help compile Business Units' risk reports

• Country Risk Management (“CRM”):

  • Compile regional incidents, conduct regular trend analysis, and thematic reviews
  • Assist regional teams in aligning key risk indicators with the firm’s risk governance, enabling central risk oversight

• Product Risk Management (“PRM”):

  • Collaborate on product risk assessments with Risk Owners, assessing risk exposure across various Crypto products
  • Validate controls identified via risk assessments, ensuring timely implementation of remedial actions
  • Conduct risk assessments for new products/services

• Functional Risk Management (“FRM”):

  • Oversee the outsourcing framework, ensure regulatory compliance, manage intra-group and external third-party service providers
  • Work with various teams to ensure robust controls and contractual protections
  • Support in establishing key risk indicator matrices for all risk pillars and maintaining ongoing oversight

• Other responsibilities:

  • Support Operational Risk team initiatives such as Third-Party Risk Management and Business Continuity planning
  • Prepare Risk Dashboard and Reports for management review
  • Undertake ad-hoc projects and tasks as needed

Requirements

• Bachelor's Degree in Business/Commerce/Finance/Risk Management or related fields
• 5+ years of experience in financial services, operational risk, audit, advisory services, or product management
• Proficiency in database management system and governance, risk & compliance tools is advantageous
• Strong project management skills, ability to handle multiple time-sensitive initiatives in a fast-paced environment
• Good interpersonal and communication skills, self-disciplined, able to work under pressure and meet deadlines

Binance is committed to ensuring equal employment opportunities and values a diverse workforce.

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