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 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 build a local banking champion.
You would be joining as a Unit Manager in the Enterprise Risk Management Department within the Risk Division and leading the work on stress test modelling. We are looking for a candidate with a good understanding of bank’s products, processes, data and IT systems and the risks they might pose for the bank while at the same time leading a highly skilled team.
Lead and develop a high-performing team responsible for risk modelling (mostly macroeconomic, stress test and economic capital models) and automation initiatives
Own and further develop the Bank’s Stress Testing Framework and lead respective regulatory exercises such as EBA / SSM Stress Tests
Lead automation and enhancement of the bank’s risk reporting processes using Power Automate and Power BI
Contribute to the bank’s transformation agenda, including migration of owned data and stress test models to a cloud-based infrastructure
Support further embedding of ICAAP and stress testing outputs into business steering and capital allocation
Act as a subject‑matter expert, educating and advising stakeholders across the organization
5+ years of experience within the Risk Quantification field or a similar role
2+ years of experience in a managerial role
Ability to present and explain complex models in understandable way for different audiences
Experience in econometric modelling will be considered as an advantage
Ability to understand scripts in Python
Experience with Power BI and Power Automate to design and maintain automated workflows and data visualization is a strong plus
Analytical thinking and ability to make decisions quickly
Process and project management focused thinking
Business acumen and ability to get buy-in from key stakeholders with people development skills
Masters’ Degree in Business, Statistics, Econometrics, Economics or similar field
Fluent English is required in spoken and written communication due to working on a Pan-Baltic level
Flexibility. Flexible working hours, remote work and possibility to work from anywhere in EU, Iceland, Switzerland and UK (in total 90 days per year)
International teams. Teams that go outside Pan-Baltic borders where people value challenging work together with good humour and having fun
More vacation. Additional week of vacation 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 trainings. Therefore, Luminor offers 30 fully paid calendar days for military trainings every year
Health benefits. A competitive benefits package in addition to your salary that includes health insurance after first 3 months pass in all three Baltic states as well as Health days in case of your absence due to sickness without doctor note needed
Wellbeing. Access to tools and resources that help to feel good and be productive at work and in life
Professional growth. Internal and external training programs, workshops, conferences, online training etc.
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
Gross salary. 3,700 - 5,600 EUR/month, which is to be determined depending on your level of experience and competencies
Application deadline is 24th of June. We are looking for a candidate primarily already located within Baltics and 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.
