Compliance Auditor

About the Company

Luno is a prominent player in the global cryptocurrency landscape, providing a platform where individuals can securely buy, sell, and store various cryptocurrencies. Their core mission revolves around making digital currencies accessible and straightforward for a broad audience, fostering a safe environment for engagement with this evolving financial technology. Joining their team means becoming part of an organisation actively shaping the expansion of the cryptocurrency ecosystem.

While the specific responsibilities of this compliance auditor role aren't detailed in the provided information, at a high level, a Compliance Auditor at a cryptocurrency exchange like Luno would be instrumental in ensuring the company operates within legal and regulatory frameworks. This involves a proactive approach to identifying potential risks and ensuring adherence to both local and international compliance standards.

Typically, in such a role, you would be involved in:

• Developing and implementing robust internal audit programmes specifically tailored for financial regulations and cryptocurrency operations.
• Conducting regular audits of internal controls, policies, and procedures to ensure their effectiveness and compliance with relevant legislation, such as FICA in South Africa.
• Identifying and evaluating potential compliance risks, recommending mitigation strategies to leadership.
• Preparing detailed audit reports outlining findings, recommendations, and action plans.
• Collaborating with legal, risk, and operational teams to embed compliance considerations into business processes.
• Monitoring changes in regulatory requirements and advising the organisation on necessary adjustments.
• Participating in the development and delivery of compliance training programmes for staff.

What they're looking for

Although the job description primarily outlines requirements for a software development role, a Compliance Auditor at Luno would typically need a distinct skill set. Based on industry standards for similar roles in South Africa and globally, they would likely seek candidates with:

• A relevant bachelor's degree in finance, law, auditing, risk management, or a related field.
• Demonstrable experience, often 3+ years, in a compliance, audit, or risk management role within the financial services sector, with a strong preference for experience in fintech or the cryptocurrency industry.
• In-depth knowledge of financial regulations applicable to South Africa, including but not limited to the Financial Intelligence Centre Act (FICA), the National Payment System Act, and data protection legislation.
• Familiarity with international compliance standards and best practices for anti-money laundering (AML) and counter-terrorist financing (CTF).
• Strong analytical and problem-solving abilities, with meticulous attention to detail.
• Excellent communication skills, both written and verbal, for effective reporting and collaboration with various stakeholders.
• The ability to work independently and manage multiple auditing projects concurrently.

This kind of compliance role is critical for any financial institution, especially within the rapidly evolving cryptocurrency space. In South Africa, such positions are commonly found in banks, investment firms, and a growing number of fintech companies, with salaries varying based on experience and the size of the organisation, typically ranging from R400,000 to R850,000 annually for experienced professionals. Growth paths often lead to senior compliance officer, head of compliance, or risk management roles.

• Bachelor's degree in Computer Science or relevant field.
• 3+ years of software development experience.
• Proficiency in JavaScript, HTML, and CSS.
• Experience with agile methodologies.
• Strong problem-solving skills and attention to detail.