Head of ALM at Luno

, , South Africa -

Full Time

Start Date

Immediate

Expiry Date

11 Mar, 26

Salary

0.0

Posted On

11 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Asset Liability Management, Capital Management, Financial Risk, Treasury Risk, Market Risk, Credit Risk, Liquidity Risk, Operational Risk, Balance Sheet Optimization, Funding Strategy, Investment Management, Hedging Strategy, Analytical Skills, Modeling Skills, Team Leadership, Financial Markets

Industry

Financial Services

Description

NB. The closing date for applications is 05th January 2025, following the holiday period. After this date, we will be in contact with an update on your application. Rest assured, every submission will be reviewed thoroughly, and we will strive to respond as promptly as possible. We appreciate your patience and understanding. 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: As the Head of ALM, you will be a senior strategic leader responsible for the comprehensive management and optimization of the company's entire balance sheet to support long-term financial health and strategic decision-making. You will establish and lead the Asset Liability Management framework, providing direct oversight to the Associate Director of Treasury Risk in their first-line-of-defense capacity. Your role is pivotal in managing capital, funding, investments, and financial risks to ensure the company's stability and enable its growth. Your mission will be: Risk Framework & Oversight: Design, implement, and lead a comprehensive ALM framework. Provide direct oversight of the first-line-of-defense treasury risk function, ensuring robust monitoring and management of Market Risk (including interest rate risk), Credit Risk, Liquidity Risk, and Operational Risk across all treasury activities. Strategic Capital Management: Drive capital planning to identify and manage capital excess or shortfalls. Oversee risk-based capital allocation for new initiatives and manage the balance sheet in accordance with regulatory capital requirements. Balance Sheet Optimization: Lead the ongoing assessment and optimization of the balance sheet structure across the business, analyzing assets and liabilities to enhance performance and mitigate risk. Conduct balance sheet-wide stress testing to ensure resilience. Funding & Liquidity Strategy: Develop and execute the company's long-term funding strategy to ensure stability and efficiency. Oversee the liquidity management framework, including contingency funding plans, to ensure the company can meet all obligations. Investment & Hedging Strategy: Manage the company's excess working capital through effective investment portfolio management. Design and oversee the management of hedge portfolios to mitigate financial risks, including currency and interest rate exposures. Reporting & Analysis: Prepare and present strategic reports on the company's ALM position, capital adequacy, risk exposures, and portfolio performance to senior management and the board of directors. Team Leadership: Build, mentor, and manage a high-performing team of ALM and risk professionals to support the company's strategic financial objectives. A little about you: Bachelor’s in Business Administration, Accounting, Finance, Economics, or a related discipline. An advanced degree in a related area is preferred. 10+ years of progressive corporate treasury experience, with a focus on ALM, capital management, and financial risk. Experience with crypto or wallet operations at a crypto or fintech company. Strong understanding of financial markets, including interest rate, currency, and derivatives markets. Excellent analytical and modeling skills. Ability to interact, influence, and build relationships at all levels of seniority and across all functions within an organization. Proven ability to lead and develop a team. 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.

Responsibilities

As the Head of ALM, you will manage and optimize the company's balance sheet, ensuring financial health and strategic decision-making. You will oversee risk management, capital planning, and liquidity strategies to support the company's growth.