Research Analyst- Equity Capital Markets

Binance

Hong Kong +1 more

On-siteCareer-pivot friendly

Who this role is best for

Geared toward candidates with equity capital markets experience comfortable with building processes from 0-to-1.

Best fit for

Candidates with 4+ years of ECM or investment banking experience and a drive to innovate in tokenized markets
— “Minimum 4 years of relevant experience, ideally within equity capital markets (ECM), or investment banking at a bank, advisory firm, or comparable institution.”
Individuals who thrive in fast-moving, cross-functional environments with high autonomy
— “Collaborate with world-class talent in a user-centric global organization with a flat structure.”
Candidates with a strong aptitude for translating complex financial data into actionable insights for leadership
— “Prepare internal committee memos, decision documents, and management presentations that translate complex analysis into concise, actionable recommendations.”

Things to consider

The remote-first arrangement may require occasional in-person work depending on the team and role.
— “Remote-first, work-from-home arrangement (may vary depending on the nature of the role and team)”
The role demands familiarity with digital assets or a clear willingness to build such expertise.
— “Familiarity with digital assets, tokenization, or a clear appetite to build expertise in bringing equity capital markets on-chain.”

How to stand out

Highlight experience in building financial models for product structures and profitability analysis.
— “Perform fundamental analysis and build commercial and financial models to evaluate product structures, pricing, allocation, deal economics, and profitability.”
Emphasize past work in cross-functional teams and delivering research to senior stakeholders.
— “The role is highly cross-functional, working closely with internal stakeholders in a fast-moving environment where initiative and ownership are essential.”
Showcase skills in producing polished, institutional-quality memos and presentations.
— “Excellent written and verbal communication, with the ability to produce polished, institutional-quality memos and presentations for senior stakeholders.”
Demonstrate a track record of taking ownership of workstreams from research to execution.
— “Support the transaction and product lifecycle, taking ownership of workstreams from research through to execution.”
Demonstrate initiative and ability to work in ambiguous environments with no existing processes.
— “A genuine self-starter — comfortable with ambiguity, taking initiative, and building processes where none exist.”

Pace · Fast PacedCollaboration · HighAutonomy · MediumDecision Impact · Team

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

successful product launches
accurate financial modeling

Typical background

investment bankingequity capital markets

Skills & requirements

Required

Equity Capital MarketsFinancial ModelingDue DiligenceMarket Research

Preferred

Digital Assets KnowledgeTokenization

Stack & domain

Equity Capital MarketsFinancial ModelingCompetitor ResearchMarket AnalysisCommunicationProblem-solvingFinance

About the role

Original posting from Binance via Greenhouse

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, and more. Our mission is to increase the freedom of money and financial access for people around the world.
About the Role
We are building a suite of tokenized equity capital markets products from the ground up, and are looking for a Research Analyst to join a small, high-impact team. This is a 0-to-1 opportunity for a self-starter who wants to help shape products from inception through launch.
The analyst will support the full product lifecycle — conducting due diligence on issuers, companies, vendors, and partners; building commercial and economic models; and producing the research, memos, and analysis that underpin key commercial decisions. The role is highly cross-functional, working closely with internal stakeholders in a fast-moving environment where initiative and ownership are essential.
Responsibilities
Conduct thorough due diligence on prospective issuers, companies, vendors, partners, and counterparties, presenting findings in clear, decision-ready formats.
Perform fundamental analysis and build commercial and financial models to evaluate product structures, pricing, allocation, deal economics, and profitability.
Conduct competitor and market research across the capital markets landscape, benchmarking products, platforms, and market participants to inform positioning and strategy.
Prepare internal committee memos, decision documents, and management presentations that translate complex analysis into concise, actionable recommendations.
Track developments across the equity capital markets — pipeline, follow-on and related equity offerings, and broader market conditions — surfacing risks and opportunities proactively.
Support the transaction and product lifecycle, taking ownership of workstreams from research through to execution.
Requirements
Minimum 4 years of relevant experience, ideally within equity capital markets (ECM), or investment banking at a bank, advisory firm, or comparable institution.
Solid understanding of the equity capital markets and the mechanics of public and private capital raises (e.g. IPOs, follow-on offerings).
Strong financial modeling and quantitative analysis skills.
Excellent written and verbal communication, with the ability to produce polished, institutional-quality memos and presentations for senior stakeholders.
A genuine self-starter — comfortable with ambiguity, taking initiative, and building processes where none exist.
Strong attention to detail, sound commercial judgment, and the ability to operate under deadline pressure.
Familiarity with digital assets, tokenization, or a clear appetite to build expertise in bringing equity capital markets on-chain.
Why Binance
Shape the future of finance
Collaborate with world-class talent in a user-centric global organization with a flat structure
Tackle challenging projects in a fast-paced and innovative enviornment with autonomy
Thrive in a results-driven workplace with opportunities for career growth and continuous learning
Competitive salary and company benefits
Remote-first, work-from-home arrangement (may vary depending on the nature of the role and 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 acknowledge that you have read 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 and identifying potential inconsistencies or verification signals in application materials based on available information. 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.

Source: Binance careers (Greenhouse)