Client Money Officer

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6 months old

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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 250 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.

Responsibilities:

  • Ensure proper segregation and safeguarding of client funds in compliance with regulatory requirements
  • Oversee and approve daily safeguarding operations and reconciliations
  • Ensure CSSF reporting obligation and submissions in relation to safeguarding are completed on time
  • Conduct risk assessment of the banking counterparties
  • Operate safeguarding process and reconciliations
  • Report to the Chief Finance Officer any relevant matters pertaining to the safeguarding of the client funds
  • Prepare Management Information for Audit Risk and Compliance Committee in relation to safeguarding
  • Participate and manage safeguarding audits as a key stakeholder
  • Prepare and conduct training on the safeguarding regime to the staff operating the framework as well as senior management
  • Ensure timely escalations in case of delays in reconciliations and any other instances of incidents
  • Ensure proper record-keeping of all safeguarding activities and transactions
  • Requirements:

  • Bachelor’s degree in Finance, Accounting, or a related field from an accredited institution
  • Client Money Officer experience within an Electronic Money Institution is essential
  • Demonstrated industry experience in the fintech, investment banking, or financial services sector
  • Qualified accountant is preferred
  • 5+ years in a finance, treasury or accounting role. Strong understanding of PSRs, EMRs and AML/CFT legislation, the regulatory framework around digital assets data protection laws, and other relevant financial regulations applicable in Luxembourg and the EU
  • Ability to work independently in a dynamic, fast-paced, global organization while maintaining close contact with relevant teams across multiple locations
  • Excellent problem-solving skills with the ability to provide practical and efficient counsel
  • Exceptional communication, negotiation, and management skills
  • Fluency in English is essential, French would be beneficial
  • Luxembourg based
  • Why Binance
    • Shape the future with the world’s leading blockchain ecosystem
    • Collaborate with world-class talent in a user-centric global organization with a flat structure
    • Tackle unique, fast-paced projects with autonomy in an innovative environment
    • Thrive in a results-driven workplace with opportunities for career growth and continuous learning
    • Competitive salary and company benefits
    • Work-from-home arrangement (the arrangement may vary depending on the work nature of the business team)

    Binance is committed to being an equal opportunity employer. We believe that having a diverse workforce is fundamental to our success.
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