Yes, you can! That's our attitude towards our work, ambitions, ideas and relationships. We, at Luminor, believe that anyone has the potential to achieve big things and we encourage everyone to achieve them – professionally and personally.
Whoever you are, and whatever your role is, with Luminor you will get a once-in-a-lifetime opportunity to literally build a local banking champion.
You as the Data Scientist (Risk Modeller) will join the Credit Risk Modelling Unit within Risk Analytics Department which is responsible for the overall lifecycle and methodological update covering wide range of Credit Risk Models within internal rating system
Risk Analytics Department specializes in modelling areas covering Credit Risk models, IFRS9/provisioning models, ESG models as well as various Data Science and advanced analytics solutions. Here You will be able to grow and learn from best professionals in Baltics.
Lead specific pieces of the modelling effort: review data & attributes, assess modelling options, defend model choices with stakeholders
Develop and maintain Credit Risk models for internal ratings based approach
Lead model monitoring framework development, integration and automation covering all Credit Risk models
Maintain monitoring solution R/Python code base and lead work on periodic monitoring reports
Identify promising data sources and convert data into meaningful credit insights
Communicate detailed technical information in a simple and clear manner to business colleagues
2+ years of previous experience working in Financial/ Credit Risk area in banking, financial institution (FinTech) or in other institution using internal ratings based approach (scoring)
Knowledge of a variety of modelling techniques such as multivariate regressions and models with categorical response variables
Excellent analytical (including statistical techniques experience), communication, presentation, organizational and problem-solving skills
Strong MS Office (Excel, PowerPoint, Word, etc.) as well as strong R/Python coding, and SQL skills
Good understanding of model risk management and governance of models as well as knowledge of Financial/ Credit Risk regulations (Basel, EBA, IFRS9) will be considered as an advantage
Good understanding of end-to-end credit life cycle for retail and wholesale portfolios also would be considered as an advantage
Higher degree in Math, Economics, Finance, Business Management or similar fields
Fluent English is required in spoken and written communication due to working on the Pan-Baltic level
Flexibility. Flexible working hours, Hybrid work, and the possibility to work from anywhere in the EU, Iceland, Switzerland, and the UK (in total 90 days per year)
International teams. Teams that go outside Pan-Baltic borders, where people value challenging work together with good humor and having fun
Culture. You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. It’s a dynamic environment that keeps you learning, growing, and never bored
More vacation. Additional weeks of vacation are available to all employees who have been in the company for 1 year or more
Volunteer time off. We care about giving back to society, therefore, you will get additional days off for volunteering purposes
Paid leave. We are proud of our employees who are participating in military training. Therefore, Luminor offers 30 fully paid calendar days for military training every year
Health benefits. A competitive benefits package in addition to your salary that includes health insurance after the first 3 months pass in all three Baltic states, as well as Health days in case of your absence due to sickness without a doctor's note needed
Wellbeing. Access to tools and resources that help you feel good and be productive at work and in life
Professional growth. Internal and external training programs, LinkedIn learning, workshops, conferences, online training, etc
Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor
Gross salary. 3200 - 4800 EUR/month, which is to be determined depending on your level of experience and competencies. For very experienced candidates we would be flexible to consider Gross salary up to 5300 EUR/month according to level of experience.
The application deadline is the 19th of June. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!
The Baltics are a special land, where people share common values, are connected by similar drive and vision. People like this deserve their own bank that is like the Baltics themselves – dynamic, agile, and forward-looking. Independent, but stronger for being together. It is our privilege to be that bank!
We want to make a difference and have a voice in society, to shape the economic environment with the future in mind, and to contribute to our home region. We know the local people and businesses and we want to be the preferred partner in financial matters for our customers. We will do that by being accessible, fast and predictable.
Being pan-Baltic gives us the size and the strength to make a real difference, while still being a local bank. Although we have Nordic roots, we were born here, and we make our decisions here. We combine global knowledge with local expertise.
Luminor is the third-largest provider of financial services in the Baltics, with some 870 000 clients and 2 300 employees. In the Baltic region, it has a market share of 14.9% in deposits and 16.9% in lending as at the end of March 2021. Luminor has total shareholders’ equity of 1.7 billion EUR and a CET1 ratio of 23.4%.
Luminor has a strong and capable team that is committed to achieving our strategic objectives. We are dedicated to supporting sustainable growth in the Baltic region by providing a long-term commitment to businesses and individuals.
