Senior AML, CTF, CPF & Sanctions Analyst
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:
- Your core mission (The “Why)
You will form part of the AML, CTF, CPF & Sanctions Team based in South Africa,
Malaysia and Indonesia, and you will report to the Team Lead - AML, CTF, CPF &
Sanctions in South Africa.
Our AML, CTF, CPF & Sanctions team is responsible for the implementation of money
laundering, terrorist financing, proliferation financing and sanctions risk mitigation
controls for Luno's global business.
Our mission is to create a world-class AML, CTF, CPF & Sanctions Team that keeps
both Luno and our customers safe.
You will work in a fast paced environment, collaborating with other business units,
including Engineering, Product, Countries and Legal teams, servicing the business on
an international level together with the teams from Africa, Asia Pacific and the UK.
We make sure we have the processes and information available that enable us to
understand our risk, and using this foundation, we respond to any money laundering,
terrorist financing, proliferation financing and sanctions related risks in a swift
coordinated way.
Your mission will be:
- Core pillars of ownership and impact (The “What”)
Conduct reviews of screening alerts generated through LSEG Refinitiv
WorldcheckOne (Sanctions, PEPs, adverse media), and relating to customers,
employees and vendors.
Creates detailed investigation reports which can be shared internally & externally and
conducts QA on outputs of other team members.
Ability to trace complex financial crime syndicates on the blockchain and digest the
findings within an investigative report.
Effectively uses ComplyAdvantage and Chainalysis KYT to review transaction
monitoring alerts and navigate and use Chainalysis KYT & Reactor to conduct in depth
transactional investigations into customer profiles.
Conduct ad hoc and high level account reviews resulting in limit or risk upgrades.
Managing, with oversight and subject to review, interactions with, requests from and
information sharing in relation to first line functional areas, with external and internal
stakeholders, regulators, bank and payment partners.
Supports work for audits and regulatory engagements, ensuring accuracy,
completeness, and timely delivery of required information.
A little about you:
- Minimum Role Requirements (The “Baseline Standards”):
- Qualifications:
Tertiary Education, to the equivalent of a graduate will be advantageous
- Skills & Experience
A minimum of 3 years work experience in an AML, CTF, CPF & Sanctions related field.
Identify need for and support functional leads with the creation,implementation, recording and managing role based training.
Drive and lead work on the delivery of the team's goals.
Displays the ability to receive directive, manage own work andreport on results on agreed upon deliverables or dates, with minimal
oversight.
Gather relevant data from external sources like blockchain explorers, trading platforms, OSINT, and other sources to support
investigations.
Able to use internal investigation/analytical tools most relevant to the functional area, to an advanced level to conduct in depth
investigations or analysis.
Experience working with any of the following tools will be highly advantageous: Chainalysis KYT/Reactor, ComplyAdvantage, WorldCheck One, GeoComply, Notabene, Databricks, ThoughtSpot.
Writes in a clear, concise, organised and unbiased manner on issues relating to the functional area, incl complex cross functional investigations, with limited supervision required before presenting
for sign-off e.g. conveys rationale, analysis conducted, risks
identified and proposed course of action.
Finalise and file reports in respect of regulatory reporting and requests in conjunction with the MLRO without review.
Writes reports that can be submitted to senior stakeholders with very limited adjustments
- Most Critical Competency Requirements
- Ensure Accountability
Follows through on commitments and makes sure others do the
same.
Acts with a clear sense of ownership.
Takes personal responsibility for decisions, actions, and failures.
Establishes clear responsibilities and processes for monitoring work
and measuring results.
Designs feedback loops into work.
- Collaborates
Works and collaborates with others across Luno to achieve shared
objectives.
Represents own interests while being fair to others and their areas.
Partners with others to get work done.
Recognises others for their contributions and accomplishments.
Builds trust and support others.
Effectively collaborates on projects within AFC with limited
oversight in the implementation of proposed plans to address
outcomes of assessments of specific aspects within the functional
area.
Takes the lead on multi-team investigations and coordinates the
final joint response.
Create the awareness necessary for collaboration and delivery as a
team.
Effectively and empathetically manages interpersonal conflict,
differing opinions and rival priorities with other AFC teams, with
management support.
Seeks specialist knowledge or advice when required to support own
work or work of the team.
May represent the Luno brand in public in limited instances.
Collaborate effectively with external stakeholders in the developing
and implementation of financial crime prevention measures.
Provide input and advice to other teams in Luno regarding financial
crime processes and insights.
Demonstrates the ability to collaborate effectively and build strong
working relationships with teams beyond AFC, fostering alignment,
knowledge sharing, and more efficient cross-functional outcomes.
- Regulatory,Policy & Process Framework
Understanding of legislation and regulations relating to crypto as
well as the process framework, and is able to identify breaches in
regulation.
Stay abreast of emerging financial crime patterns and reputational
risks and informs the relevant teams.
Lead the drafting of new Standard Operating Procedures (SOPs)
based on approved Policies and Minimum Standards and identify
areas of improvement in existing SOPs.
Assists in development, implementation and revision of current
policies and procedures to ensure compliance.
Able to identify accurately whether Luno is compliant with laws and
regulations.
Demonstrates the ability to perform an initial review and analysis of
newly drafted or amended legislation.
- Investigate,Analyse and Execute
Review alerts, customer accounts and transactions for red flags
indicating potential money laundering activity and take quick,
decisive action.
Drive and manage in depth transactional investigations into
customer profiles, picking up and analysing complex money
laundering techniques in both fiat and crypto transactional
environment.
Provides input on creation of rules, alerts and thresholds and
improvements thereto.
Taking the lead in assessing effectiveness of specific aspects within
the functional area.
Preparing and proposing effective plans to address outcomes of
assessments of specific aspects within the functional area to senior
stakeholders.
Managing the implementation of proposed plans to address
outcomes of assessments of specific aspects within the functional
area.
- Functional Knowledge
Drives the planning, design, and implementation phases of team
projects in a strategic manner with support from the functional
leads.
Building knowledge to become the go-to person for information on
controls and mitigating matters within the functional area.
Understand extent and impact of third party partner requirements
and how they apply to Luno.
Proficiency in analysing transactions, identifying suspicious
patterns, and distinguishing between legitimate and suspicious
activities
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.