KYB Analyst

at  Binance

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.

REQUIREMENTS:

• At least 3 years experience in a corporate onboarding role with substantial knowledge of relevant rules and regulations and the day-to-day compliance affairs
• Knowledge of multiple client types (E.g: Non-Operating/Asset Holding Companies, Funds, Partnerships, Segregated Portfolio Companies, Trusts); and multiple EEA jurisdictions
• Experience in reviewing AML policies and procedures and identifying control gaps
• Good knowledge of Virtual Asset Service Providers business types
• Experience handling reviews of high risk and complex KYB cases as well as conducting reviews of Financial Institutions and Broker clients profiles
• Highly preferred for candidates to possess ACAMS/CAMS/CCAS/ICA certifications or others
• Possesses strong time management, organisational and relationship building skills
• Adaptable in an evolving and fast-moving environment
• Good knowledge on provisions of local laws, directives, regulations and otherwise standards applicable to subject persons
• Good knowledge of upcoming regulation of virtual currency policies is a strong plus
• Fluency in English is required to be able to coordinate with overseas partners and stakeholders. Additional languages would be an advantage

• Manage personal workload and ensure timely escalation of key risks/issues to management
• Handle, review and verify all applications for client on-boarding within available SLAs
• To maintain a good relationship and work closely with Relationship Partner Teams and direct with clients as required, to obtain all necessary supporting evidence to fulfil your KYB due diligence
• Proficiency in compliance applications and programmes such as World-Check & Jumio
• Act as a checker to ensure effective 2-eyed and 4-eyed customer due diligence process
• Good proficiency in conducting risk assessments, periodic/trigger reviews and enhanced due diligence
• Monitoring and documentation of unusual activity or AML flags
• Participate in internal and external training programs related to AML/CFT, and other subjects that may form part of the day to day work requirements
• Handling any general administration and ancillary activities related to the above functions in accordance with the business requirements of the company
• Reviewing constitutional documents of corporate clients and their related parties
• Conducting open-source searches on regulation, public listing and licensing status
• Performing World-Check screening against PEP, TF, Adverse Media and ML risk
• Performing translations of corporate documents to English where necessary
• Preparing senior management and MLRO escalation forms with detailed description of risk posed by the client as well as red flags and mitigating factors
• Providing feedback on system malfunctions, gaps and necessary upgrades
• Implementing procedures in onboarding environment, pointing out procedural gaps
• Detecting suspicious and falsified documentation
• Ensuring accurate manual data entry