Global Head of Risk

Full Time
Johannesburg, South Africa
5 months ago
About Luno and the team

Luno is a leading global cryptocurrency broker, exchange and wallet provider with a strong commitment to operating in full compliance with regulations in every territory in which it operates.  Luno’s mission is to put the power of crypto in everyone's hands and our high performing Legal, Risk & Compliance function works across the global business to ensure implementation and development of the solid foundations necessary for achieving our bold ambitions.

The role in a nutshell

We are looking for a dedicated and forward-thinking Global Head of Risk to join our team and lead our risk management efforts on a global scale.  The role will be based in South Africaand will join our Global Heads of Legal, Compliance and Public Policy to complete a strong functional leadership team.

You will be responsible for the oversight of risk management across the Luno group of companies, ensuring we maintain a robust risk and control environment. You will be comfortable operating in a fast-moving, complex environment and while you will be willing and able to take a “hands-on” approach, you will also provide strong strategic thinking and decision-making.

Your mission will be
  • Supporting the Board and Executive Committee in developing and maintaining an appropriate risk governance framework for a regulated institution;
  • Owning and enhancing Luno’s risk management framework and processes, ensuring they are embedded across the group;
  • Ensuring Luno’s risk policy universe is effectively defined and maintained;
  • Maintaining and developing the group risk appetite framework and working with relevant functions to establish and maintain associated metrics and limits;
  • Owning the risk and control assessment process and supporting the business in implementing identified control improvements; 
  • Providing support to and oversight of major control initiatives and in embedding risk management into major change programmes;
  • Working with all relevant control and support functions to develop specialist risk management and control methodologies and processes;
  • Working with Treasury to develop risk methods for managing financial risks including credit, market, liquidity and capital adequacy risks;
  • Managing and refining Luno’s risk reporting to ensure that senior management and the board have a clear understanding of the Luno risk profile and to support effective decision-making with respect to risk management and the control environment;
  • Playing a key role in Luno’s group Risk Committee.
In your first six months, you will
  • Obtain an in-depth understanding of Luno and the environment in which it operates;
  • Build and develop meaningful relationships with internal stakeholders;
  • Conduct a full review of the existing risk management framework and develop a roadmap for the next stage of development.
A little about you
  • At least 10 years’ experience in risk management, preferably within a regulated financial services firm, preferably within capital markets;
  • A broad understanding of different risk disciplines spanning operational/enterprise risk and financial risk disciplines;
  • A good understanding of both prudential and conduct regulation applied in financial services industry;
  • Experience of leading major change initiatives relating to risk management and control;
  • Experience of working with risk management systems and tools;
  • An understanding of risk measurement methodologies including stress testing and scenario analysis;
  • Understanding and experience of risk management within the crypto industry and/or in an exchange environment is preferable;
  • Proven ability to build and manage a team;
  • Excellent judgment and decision-making skills;
  • The ability to think from first principles and adapt to the unique needs of our business;
  • Effective communication skills;
  • A willingness to build and develop strong relationships across all levels of a business.

Life at Luno:

  • Forward-thinking and ambitious team that values diversity, hard work, and the continuous quest for excellence.
  • Remote but reachable work policy gives you the freedom to choose between working from home or the office.
  • Improve body and mind, with excellent private medical insurance. 
  • Access to Learnerbly with an annual development budget
  • Generous maternity / paternity and even paw-ternity for your furry friend.
  • Annual Inspiration Day
  • A collaborative, friendly work community, with regular social events
  • Free lunch and snacks.
  • Free access to Headspace – a full library of guided meditations, sleep stories, and music.
  • 0 fees 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 negatively discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.