OTC Trader

Luno, a prominent player in the cryptocurrency space, is seeking a dynamic and driven OTC Trader to join their operations. This role offers a unique opportunity to contribute to the growth and efficiency of Luno's trading activities within the South African market. The position is based in either Cape Town or Johannesburg, providing flexibility for successful candidates.

About the Opportunity

As an OTC Trader at Luno, you will be at the forefront of executing significant cryptocurrency transactions. This is a critical function that supports the broader trading ecosystem, ensuring that large-scale trades are handled with precision and efficiency. The role demands a keen understanding of financial markets, a sharp analytical mind, and the ability to navigate the complexities of the cryptocurrency landscape. You will be instrumental in facilitating block trades and managing client relationships that require bespoke trading solutions.

The successful candidate will be entrusted with a range of responsibilities, including:

• Executing over-the-counter (OTC) trades for a variety of cryptocurrencies, ensuring competitive pricing and efficient settlement.
• Monitoring market conditions and identifying trading opportunities to maximise profitability.
• Developing and maintaining strong relationships with institutional clients and high-net-worth individuals.
• Providing market insights and analysis to clients, assisting them in making informed trading decisions.
• Collaborating with internal teams, such as sales, compliance, and operations, to ensure seamless trade execution and client support.
• Managing risk effectively by adhering to Luno’s trading policies and procedures.
• Staying abreast of regulatory changes and market developments within the cryptocurrency and traditional finance sectors.
• Contributing to the refinement of Luno's OTC trading strategies and processes.

What You'll Bring

Luno is looking for individuals who possess a strong foundation in financial trading and a passion for the evolving world of digital assets. Ideal candidates will demonstrate:

• Proven experience in a trading environment, preferably within OTC markets or cryptocurrency trading.
• A solid understanding of financial instruments, market dynamics, and risk management principles.
• Excellent analytical and problem-solving skills, with the ability to interpret complex market data.
• Exceptional communication and interpersonal skills, essential for client relationship management and internal collaboration.
• The capacity to work effectively under pressure and make sound decisions in fast-paced trading scenarios.
• A proactive and results-oriented approach, with a commitment to achieving performance targets.
• Familiarity with various trading platforms and technologies.
• A strong ethical compass and a commitment to regulatory compliance.

In South Africa, roles involving trading, particularly in specialised areas like cryptocurrency, often require a robust understanding of financial markets and regulatory frameworks. Successful OTC traders typically have backgrounds in finance, economics, or related fields, often complemented by certifications or advanced degrees. The compensation for such roles can be competitive, with potential for performance-based bonuses. Employers in this sector range from established financial institutions venturing into digital assets to dedicated cryptocurrency exchanges and trading firms. Career progression can lead to senior trading positions, portfolio management, or business development roles within the fintech and crypto industries.

• Bachelor's degree in Marketing, Communications, or a related field.
• 2+ years of experience in a marketing role.
• Strong understanding of digital marketing tools and techniques.
• Excellent written and verbal communication skills.
• Ability to work independently and as part of a team.