A memory system may include: a memory device including a plurality of dies, each including a plurality planes, each including a plurality of blocks; and a controller suitable for grouping the plurality of memory blocks into a plurality of super blocks, each of which has a designated type corresponding to a condition, the controller may form a set of first super blocks, among the plurality of super blocks, each of which has at least one bad memory block and good memory blocks, and may manage the first super blocks.