A memory system includes a memory device including a plurality of blocks, and a controller suitable for managing the plurality of blocks by grouping the plurality of blocks into a plurality of super blocks in accordance with a predetermined condition, managing normal blocks which are not grouped into the super blocks in a replacement block pool, setting each of the plurality of super blocks that includes at least one bad block to a bad super block, and then changing each bad super block in which the at least one bad block is replaced with a normal block of the replacement block pool using replacement information to a recovery super block, wherein the replacement information includes in a bitmap indicative of whether or not an interleaving operation of each of the recovery super blocks is possible.