Transaction Monitoring (TM) Risk Rule Tuning Analyst/Associate/Manager

at  Binance

Binance is the leading global blockchain ecosystem and cryptocurrency infrastructure provider whose suite of financial products includes the world’s largest digital-asset exchange.
Our mission is to accelerate cryptocurrency adoption and increase the freedom of money.
If you’re looking for a fast-paced, mission-driven organization where opportunities to learn and excel are endless, then Binance is the place for you.
An exciting opportunity has presented itself within the Compliance Department of Binance, specifically in the SMSS System and Control team. With an operational scope across the SMSS Department (including Name Screening, Transaction Screening, Transaction Monitoring, and Market Surveillance) our team aims to facilitate the efficient functioning of these operational teams through effectual system processes and designs. Comprised of compliance professionals who have a penchant for technology and data-driven decision-making, our team is instrumental in improving and implementing compliance system monitoring rules.
Furthermore, at Binance, we consider the versatility of our employees paramount. Therefore, any successful candidate would also be given the opportunity to cross-train in other Compliance Systems due to our team’s transversal nature.

REQUIREMENTS:

• Bachelor’s Degree (or above) required, preferably in Data governance, Data Science, Computer Science, Mathematics, Quantitative Finance, OR Business, Law, Economics, Public Policy.
• At least 3 years of relevant work experience, ideally in the Compliance domain.
• Being ACAMS/ACSS certified will be an added advantage.
• Demonstrable competency in data analysis. Advanced Excel skills would be highly preferred.

• Analyzing TM rules and subsequent alerts to identify room for improvement.
• Interpreting data and converting statistical outputs into decisions regarding rule effectiveness and efficiency.
• Guiding the development, upkeep, and definition of tuning and back-testing policies, standards, and processes related to the TM tuning and back-testing area.
• Managing automated TM implementation activities which include, sourcing data from multiple systems and overseeing testing and tuning efforts up to supporting our Program Management Office (PMO) activities.
• Regularly conducting audits on Transaction Monitoring Rule Settings, identifying gaps or errors, coordinating with stakeholders for rectification.
• Serving as an advisory liaison to the Financial Crime team, MLRO, Risk, Audit, and Operational partners concerning the application of Transaction Monitoring systems and solutions.
• Collaborating with PMO, Technology, Legal, Risk, Audit, and other business divisions to ensure stakeholder engagement throughout the Transaction Monitoring project’s lifecycle.
• Developing governance documentation explaining change rationale for comprehension and approval from senior leadership and committees.