FX Operations

Binance

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profile Job Location:

Hong Kong - Hong Kong

profile Monthly Salary: Not Disclosed
Posted on: 3 days ago
Vacancies: 1 Vacancy

Job Summary

Binance is a leading global blockchain ecosystem behind the worlds largest cryptocurrency exchange by trading volume and registered users. We are trusted by 300 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

FX Operations & Execution:

  • Oversee end-to-end FX conversion operations including quote management trade execution and settlement across multiple banking API partners

  • Monitor real-time FX pricing engine performance ensuring rate refresh latency rate-lock accuracy and best-rate vendor selection meet defined SLAs (99.9% uptime 100% best-rate accuracy)

  • Manage and optimize intelligent vendor selection logic: net cost scoring settlement speed provider health scores and geographic compliance checks

  • Handle escalations for failed transactions rate staleness events and provider API errors; drive root-cause resolution

Settlement & Reconciliation:

  • Own daily reconciliation across all currency inflows/outflows (T1 target; 99.99% accuracy SLA)

  • Coordinate settlement flows across ISO 20022-compliant rails; resolve discrepancies

  • Partner with Finance and Clearing teams to maintain clean books and audit-ready records

  • Produce daily/weekly/monthly operations and reconciliation reports for senior management

Liquidity & Vendor Management:

  • Maintain and develop relationships with banking partners

  • Monitor liquidity depth for large transactions (>USD 50000) ensuring competitive pricing and execution

  • Evaluate and onboard new liquidity providers; contribute to the multi-bank API integration roadmap

  • Negotiate FX spread tiers and volume incentives with providers

Risk & Compliance:

  • Work closely with Risk Compliance and Legal teams to ensure FX operations adhere to applicable regulations across all supported currency corridors

  • Monitor and enforce provider failover thresholds (>1% error rate triggers automatic exclusion)

  • Support the MLRO and compliance function with transaction monitoring AML flags and regulatory reporting as required

  • Maintain operational controls around MFA risk controls and FX desk licensing requirements (e.g. Nest Trading Limited expansion)

Cross-Functional Collaboration:

  • Partner with Product and Tech teams on new feature rollouts: recurring conversions rate alerts multi-currency wallet transfers and remittance corridors

  • Contribute operational requirements and UAT support for new currency pair launches

  • Liaise with Customer Service on FX-related escalations; maintain SOP documentation

Requirements

  • Bachelor degree or above prefer majoring in finance/International Business

  • 5 years experience in payment industry or FX operations fields.

  • Interested in Cryptocurrencies Blockchain and trading or finance/banking/payments industry.

  • Attention to detail with excellent communication skills and patience.

  • Data-savvy understand basic metrics of operations.

  • Ability to troubleshoot and discover answers quickly and effectively.

  • Capable of working under pressure.

  • Cooperative with strong team spirit and a willingness to motivate colleagues on the Customer Support Team.

  • Fluent in English

Why Binance
Shape the future with the worlds 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.
By submitting a job application you confirm that you have read and agree to our Candidate Privacy Notice.
We may use artificial intelligence (AI) tools to support parts of the hiring process such as reviewing applications analyzing resumes or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed please contact us.
Binance is a leading global blockchain ecosystem behind the worlds largest cryptocurrency exchange by trading volume and registered users. We are trusted by 300 million people in 100 countries for our industry-leading security user fund transparency trading engine speed deep liquidity and an unmatch...
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About Company

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Binance is a blockchain ecosystem comprised of Exchange, Labs, Launchpad, Info, Academy, Trust Wallet, and Blockchain Charity Foundation (BCF). Binance Exchange is one of the fastest and most popular cryptocurrency exchange platforms in the world, capable of processing over 1.4 millio ... View more

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