About us:
Luno is the crypto investment app you can rely on, enabling you to buy, store and explore crypto securely. We’re committed to putting the power of cryptocurrency in everyone's hands sensibly and responsibly.
Since 2013, we’ve helped millions of people around the world invest safely in crypto. We do this by cutting through the hype and supporting customers at every step of the way. All products and cryptocurrencies on our platform must first meet stringent legal, risk and technical security standards.
Transparency is key for us. Luno stores all crypto on a 1:1 basis and we have rigorous processes in place so you can be confident your investment is secure. We’re available in more than 40 countries around the world and we work closely with respective regulators in all of these markets to be fully compliant, as we believe this is the best way to help everyone, everywhere, invest safely.
The role in a nutshell:
You will begin your mission as part of our Treasury Team, reporting to the Head of OTC desk, as we scale our trading, operations and collateral management. You’ll work closely with the broader Treasury team with a focus on managing post-trade operations (including confirmations and settlements), monitoring and managing collateral and actioning risk based actions based on margin ratio trigger levels.
Your mission will involve:
- Post trade confirmations and settlements
- Managing the trade confirmation process for Money Market Instruments, customer OTC trades and corporate OTC trades
- Ensuring that Money Market and OTC trades are settled and reconciled (both prefunded trades and Post Trade Settlement trades)
- Managing late settlements and trade defaults
- Collateral management
- Monitoring and actions based on customer margin ratios for both unsettled Post Trade Settlement Trades and loans to Market Makers :
- Collateral calls
- Triggering deleveraging trades
- Triggering position close-outs
- Release of Collateral Wallet funds
- Trading Desk float management
- Monitoring of Trading Desk Float and flagging to Traders where liquidity issues might arise
- Generation of float rebalance requests
- Reporting and escalation
- Daily reporting on collateral actions, confirmations and settlements
- Escalation of any incidents to the Head of Trading Desk
- Customer onboarding operations (Trading Desk resolution validation)
A little about you:
- 3-5 years of work experience within a financial markets trading environment in either a trade operations or collateral management role (both would be beneficial)
- 2+ years of work experience in a post trade settlement environment (FX or Crypto)
- Bachelor’s in Finance, Economics, Mathematics, Business Administration, Accounting or related discipline.
- An advanced degree or professional qualification (CFA, CAIA, MBA) in a related field is beneficial.
- Ability to adapt to a fast-paced and dynamic trading environment.
- Compliance with regulatory standards and a commitment to ethical trading practices.
- Strong attention to detail and accuracy in trade execution and documentation.
- Excellent interpersonal and communication skills, a strong team player.
- Friendly, transparent, articulate and driven to succeed.
- A passion for crypto.
Life at Luno:
- Remote but reachable work policy gives you the freedom to choose between working from home or the office.
- Plus the option to buy and sell up to 5 days leave
- Improve body and mind, with excellent private medical insurance
- Access to Learnably and our additional learning platforms for your personal and professional development
- 6 months primary care-giver leave
- Paw-ternity leave for your furry friend
- Annual Inspiration Day in addition to your annual leave which increases based on your length of service!
- A collaborative, friendly work community, with regular social events and virtual cooking, dancing, drawing and house planting classes hosted by our Lunauts
- Free lunch and snacks
- 0 fees up to a certain amount with Luno from the day you start.*
*Offer only available on Luno Instant Buy, not Luno Exchange
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
