Compliance Analyst

Binance is a leading global blockchain ecosystem behind the world’s 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.

Role Overview

The Compliance Analyst supports the Compliance function in the execution of the firm’s regulatory, AML/CFT, sanctions, and governance responsibilities, ensuring compliance with the regulations of the Central Bank of Bahrain (CBB) and the firm’s internal policies and procedures. The role provides day-to-day support to the Deputy MLRO and MLRO across customer onboarding and reviews, KYC/KYB, CDD and EDD, transaction monitoring, alert and case review, investigation of unusual or potentially suspicious activity, sanctions and adverse media screening, regulatory reporting support, policy and procedure maintenance, compliance monitoring, record keeping, and general compliance administration. The role is expected to manage assigned compliance tasks with a degree of independence, exercise sound judgment in identifying and escalating issues, and support the effective operation of the Compliance function.

Responsibilities

• Support the Deputy MLRO and MLRO in the day-to-day execution of the firm’s compliance, AML/CFT, sanctions, and financial crime responsibilities  

• Assist in ensuring ongoing compliance with the regulations of the CBB and the firm’s internal policies, procedures, and controls  

• Conduct customer onboarding and review activities, including KYC, KYB, CDD, and EDD assessments for individual and institutional customers  

• Review customer profiles, source of funds, source of wealth, ownership structures, and supporting documentation to assess customer risk and onboarding suitability  

• Perform periodic, trigger-based, and event-driven customer reviews and remediation exercises to ensure customer records remain complete, accurate, and up to date  

• Review customer transactions and account activity to identify unusual, suspicious, or potentially high-risk behaviour  

• Conduct transaction monitoring reviews, alert investigations, and case analysis, including documenting findings and escalating concerns where appropriate  

• Investigate unusual activity, analyse transactional patterns and customer behaviour, and support the preparation and escalation of suspicious activity matters for consideration of STR filing  

• Assist in the preparation of internal suspicious activity referrals, STR-related documentation, and supporting case records, in accordance with internal procedures and under the direction of the Deputy MLRO and MLRO  

• Perform sanctions screening, adverse media checks, and politically exposed person (PEP) reviews, and escalate potential matches or concerns in accordance with internal procedures  

• Maintain and update compliance records, registers, logs, and case files, including customer due diligence records, transaction review logs, sanctions and PEP screening records, training logs, and regulatory correspondence files  

• Assist in the preparation and submission of regulatory reports and returns within prescribed timelines and maintain trackers for regulatory obligations and submissions  

• Support the review and implementation of relevant regulatory developments, including updates to applicable CBB requirements, and assist in reflecting such changes in internal policies, procedures, and controls  

• Assist in drafting, reviewing, updating, and maintaining compliance policies, procedures, manuals, and internal controls to ensure they remain current and effective  

• Support compliance monitoring activities, thematic reviews, internal control checks, and remediation tracking across the business  

• Prepare internal compliance reports, management information, dashboards, and updates for senior management and governance forums, as required  

• Liaise with internal stakeholders across operations, customer support, legal, risk, product, and other business functions to obtain information and support compliance reviews, investigations, and remediation actions  

• Support internal audits, regulatory inspections, independent reviews, and external examinations by preparing documentation, responding to information requests, and maintaining audit-ready records  

• Prepare meeting materials, maintain action trackers, record minutes where required, and follow up on outstanding compliance matters  

• Provide support in training and guiding new joiners within the Compliance Department on relevant compliance procedures, workflows, and documentation standards, as required

• Provide general administrative and operational support to the Compliance Department as required  

• Perform any other compliance, AML/CFT, sanctions, monitoring, investigation, or regulatory-related duties assigned by the Deputy MLRO or MLRO from time to time

Requirements

• Bachelor’s degree

• 3–5 years of relevant experience in compliance, AML/CFT, financial crime, or regulatory compliance, preferably within a regulated financial services, payments, fintech, or virtual asset environment

• Good working knowledge of AML/CFT, sanctions, KYC/KYB, CDD, EDD, transaction monitoring, and suspicious activity escalation processes

• Familiarity with the regulatory requirements of the CBB, including applicable AML/CFT obligations; knowledge of CBB Volume 5 is preferred

• Experience in customer onboarding reviews, periodic reviews, remediation, and customer risk assessments for individual and institutional customers

• Experience reviewing transaction monitoring alerts, investigating unusual activity, documenting findings, and escalating matters appropriately

• Exposure to sanctions screening, adverse media screening, PEP reviews, and name screening alert handling

• Experience assisting with internal suspicious activity referrals, case preparation, and supporting STR-related processes is preferred

• Experience maintaining compliance records, logs, trackers, and case files in an organised and audit-ready manner

• Ability to review and assess customer documentation, ownership structures, source of funds, and source of wealth information with good judgment and attention to detail

• Experience supporting regulatory reporting, internal reporting, compliance monitoring, audits, inspections, or control reviews is an advantage

• Strong written and verbal communication skills, with the ability to prepare clear case notes, summaries, and internal reports

• Ability to manage multiple tasks, prioritise effectively, and work independently on assigned responsibilities while escalating issues appropriately

• High level of integrity, professionalism, discretion, and sound judgment

• Relevant professional certifications such as ACAMS, ICA, or equivalent would be an advantage

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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