Research Analyst- Equity Capital Markets

Binance; Malaysia; Remote; MYR 120,000 - 180,000; Full time

Benefits offered by this job

Remote-first work arrangement

Competitive salary and benefits

Job summary

Binance, a leading global blockchain ecosystem, is seeking a Research Analyst to join a small, high-impact team. You will conduct due diligence, build financial models, and produce research that supports key commercial decisions as products move from inception to launch.

The role is cross-functional, working with internal stakeholders in a fast-moving environment where initiative and ownership are essential. A self-starter who can thrive with ambiguity will excel.

Qualifications

• 4+ years of relevant ECM or investment banking experience
• Solid understanding of the mechanics of equity capital markets (IPOs, follow-ons)
• Strong financial modeling and quantitative analysis skills
• Excellent written and verbal communication for memos and presentations
• Self-starter with initiative and ability to build processes
• Attention to detail and ability to work under deadline pressure
• Familiarity with digital assets, tokenization, or interest in on-chain equity markets

Responsibilities

• Conduct thorough due diligence on issuers, companies, vendors, partners, and counterparties, presenting findings clearly
• Build commercial and financial models to evaluate product structures, pricing, and deal economics
• Conduct competitor and market research across capital markets to inform strategy
• Prepare internal memos and management presentations translating analysis into actionable recommendations
• Track equity capital markets developments and surface risks and opportunities
• Support the transaction and product lifecycle from research through execution

Skills

Equity capital markets knowledge

Financial modeling

Analytical thinking

Written and verbal communication

Self-starter

Attention to detail

Deadline-driven

Tools

Excel

PowerPoint

Job description

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.

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.