Luno

Overview

This is a front-line trading seat on Luno's OTC desk in South Africa, reporting to the Head of Trading. You'll price, execute and risk-manage large trades for customers who already trade with us in size — institutions, corporates and professional traders — in one of the world's most active crypto-fiat markets.

About Luno

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.

Requirements & Eligibility

• 3–5 years of trading experience within a sell-side OTC desk, market maker, prop desk or brokerage in crypto (preferred), FX, equities or derivatives.
• Trading experience includes P/L responsibility based on Trade and Counter-trade within trade size limits, position limits, working capital etc.
• Bachelor's in Finance, Economics, Mathematics, Business Administration, Accounting or related discipline.
• Derivatives arbitrage knowledge

Key Responsibilities

• Own the client book: price and quote large OTC trades, source counter-trades, and execute with speed and discipline.
• Build durable relationships with those clients alongside our country teams and relationship managers.
• Manage the desk's working capital, ensuring anticipated trades are pre-funded or backed by adequate credit facilities.
• Own trade disputes end-to-end, and work with Trade Operations to settle every trade cleanly.
• Execute across the book — OTC trades, counter-trades, and market counter-trades when matched flow falls through.
• Hedge Luno's market risk on its working capital and revenue streams, and execute revenue liquidation trades.
• Own the desk's P&L against targets and risk limits.
• Drive the development of trading strategies across crypto and FX.