Financial Crime System Specialist

  • Luno
  • Cape Town
  • Oct 17, 2022
Full time Finance

Job Description

A little about us:

  • Our popular mobile app and website helps people around the world grow and manage their money using the world's most mature cryptocurrencies: Bitcoin, Ethereum and USDC. We’ve processed over $21 billion to date.
  • Over 9 million customers across 40 countries have chosen to hold their crypto wallets on Luno because we offer a delightfully simple experience and bank-grade security. 
  • We're part of the Digital Currency Group, named in 2021 as one of TIME magazine’s 100 Most Influential Companies, in the “Disruptors” category alongside Tesla, AirBnB, SpaceX, Peloton. TIME noted that DCG is “mainstreaming cryptocurrency”.
  • We’re proud to be one of the world’s most international cryptocurrency teams, with colleagues from 43 different nationalities working across South Africa, Indonesia, the United Kingdom, Malaysia, Nigeria, Australia and Singapore. 
  • Luno is one of the few crypto exchanges that has received a registration certificate in Indonesia under Bappebti (Badan Pengawas Perdagangan Berjangka Komoditi) and Ministry of Trade.

About the team:

We are the engine room of FinCrime, using our powers to analyse our customer’s behaviours, build a Fortress for the protection of our customers against Financial Crime and providing the business with relevant insights into developments in our regions and adequate measures to prevent and detect Financial Crime from happening.

Your role in a nutshell:

You’ll form part of the Financial Crime Systems Specialists team based in Cape Town, assisting to build Luno’s Financial Crime Systems capabilities within the Financial Crime Analytics environment.  You’ll be working in a fast paced and rapidly changing environment in which you will work alongside Luno’s Financial Crime teams  as well as many other teams across Luno’s global regions. You will be responsible for identifying, planning, designing, implementing, testing, deploying and monitoring all existing and new system applications governed within the Financial Crime environment.

Your mission will be:

  • Define business- and operational requirements as well as systems goals through collaboration/partnership with advisory/decision makers, systems owners and end users (Financial Crime)
  • Identify and establish scope and parameters of system analysis to define outcome criteria (solutions) and measure taking actions; 
  • Filter, prioritise and validate potential complex material from multiple sources (internal and/or external);
  • Manage business requirement expectations between Financial Crime and respective stakeholders (Product & Engineering)  in order to achieve deadlines and setting the acceptable criteria;
  • Appropriately assess risk when business decisions are made, demonstrating particular consideration for Luno’s reputation including the safeguarding of Luno, it’s customers and assets by aligning and vetting compliance with the applicable rules, laws and regulations set out by respective regulators;
  • Adhering to systems policies and applying ethical judgement regarding conduct within business practices by promoting the agile radiator;
  • Analyse current and future system processes, gaps in capabilities as well as appropriate data sources, system interfaces and process changes required to address capability gaps
  • Generate quarterly reporting and compile results based on findings, including probable causes and potential solutions;
  • Provide advice, best practice and counsel related to Financial Crime  technologies and operations of the business. Ensure essential procedures are followed and contribute to defining standards;
  • Have the ability to query data results consumed by our existing systems and the ability to articulate the data into a interpreted  problem with a suggested solution; 
  • Supporting Luno’s Financial Crime efforts and improvements of our controls  across multiple regions.

In the first 3 months you will:

  1. Garner an introduction and in depth understanding of our Financial Crime Risk controls and mitigations.
  2. Have the opportunity to understand the cryptocurrency sphere, industry and how Financial Crime attributes to this space.
  3. Identify and establish scope , parameters of system analysis to define outcome criteria (solutions) and measure taking actions. 
  4. Analyse current and future system processes, gaps in capabilities as well as appropriate data sources, system interfaces and process changes required to address capability gaps.

You will enjoy this role if you have:

  • 3 Years or more with  experience in managing of Risk & Fraud controls
  • Proven track record within the Risk and Fraud environment 
  • An appetite and experience in managing large sets of data with experience in managing complex problem statements 
  • Experience in driving internal and external systems onboarding from start to finish
  • Managing of effective monitoring and continuous planning of projects 
  • SQL Server experience 
  • Must have the ability to perform analysis and provide a synopsis when managing qualitative and quantitative data  
  • A clear understanding of the Software Development Lifecycle 
  • Development and aggregation of system infrastructure 
  • Ability to perform analysis and testing, and an appetite to vet automation with necessary stakeholders
  • A sound understanding of systems & software ElasticSearch 
  • The ability to think retrospectively and an understanding of how systems may impact customers 
  • A willingness and desire to get things done right for the team and Luno

The ideal Lunaut for this role will have :

  • Experience and management with technologies such as :
    Jira, Notion, Miro, LucidCharts, Balsamiq, Kibana, SQL & Looker 
  • An appetite and passion to not only learn about cryptocurrency but contribute to the innovation thereof within Luno;
  • Experience in  managing and scaling fault tolerant systems;

Remote Life at Luno:

If you’re looking to work on something truly global and disruptive with a forward-thinking and ambitious team and the continuous quest for excellence, then this is an opportunity for you.

Like the majority of the companies, Luno is currently working remotely to keep our employees safe, which means you will not be physically, but virtually onboarded for now!

  • Live long and prosper. We’ve got you covered with excellent private medical insurance. 
  • You'll be able to continuously up-skill yourself with access to free courses on Udemy, Coursera and Codecademy.
  • For the crypto fans among you (should be everyone!), you'll pay zero fees with Luno from the day you start.
  • Generous maternity / paternity leave (and even pawternity leave). 
  • An annual inspiration day, over and above your annual and public holiday leave... for that pottery course you’ve always been meaning to do!
  • Work with a globally diverse team of hardworking, ambitious and friendly people on something that will truly revolutionize the financial world.
  • We have virtual cooking, dancing, drawing and house planting classes hosted by our Lunauts to break up your day and work that other part of your brain. 
  • Work is important, but your mental health should always take priority. At Luno, we do everything we can to make sure you lead a healthy and happy life. That's why Luno gives you free access to Headspace – a full library of guided meditations, sleep stories, and music.

We are an equal opportunity employer and value diversity at our company. We do not negatively discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.