- Scale StageRapidly increasing operations
Global Product Compliance Framework Specialist
- Full Time
Not Available
About the job
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. We are trusted by over 230 million people in 100+ countries for our industry-leading security, user fund transparency, trading engine speed, deep liquidity, and an unmatched portfolio of digital-asset products. Binance offerings range from trading and finance to education, research, payments, institutional services, Web3 features, and more. We leverage the power of digital assets and blockchain to build an inclusive financial ecosystem to advance the freedom of money and improve financial access for people around the world.
For new product efforts across Binance Global, the Product Compliance team offers regulatory assistance and recommendations. From initial development to product launch, you'll play a crucial part in the new product lifecycle in this position embedding and maintaining the framework.
Responsibilities:
- Work closely with the Global Head of Product Compliance in developing and embedding a robust and efficient framework to facilitate end-to-end compliance control coverage for business unit product launches, new features, maintenance, and support to implement country product restrictions.
- Manage all existing policies and procedures relating to the product compliance framework and update accordingly.
- Work on the improvements to the process and documentation including, but not limited to risk assessment templates, registers and process documentation.
- Accountable for the overall successful delivery of the framework including risk management, senior stakeholder management and any other key deliverable for the end to end product cycle.
- Liaise with the Product Teams to ensure updates to the register of upcoming products, changes and new initiatives.
- Facilitate on-going dialogue and training, particularly where gaps are identified, on regulatory requirements and product knowledge.
- Maintain the RACI setting out roles and responsibilities between the relevant stakeholders to the framework.
- Support in monitoring product related risks to the business.
- Maintain awareness of regulatory developments and support the business in assessing impacts and improving controls where necessary.
- 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.
Requirements:
- 5+ 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 offered by Binance and the technology behind the products.
- Commercial awareness and focus on the application of regulation within the business.
- Up to date knowledge of recent regulatory developments.
- Excellent communication skills and stakeholder management.
- Knowledgeable about regulatory expectations with regard to product governance and the implementation of appropriate systems and controls across different business profile types.
About the company
Binance
- Scale StageRapidly increasing operations