Operational Risk Officer (Third Party and Outsourcing Risk)

Join our team as an Operational Risk Officer!

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.

What's In It For You:

• 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.
• Gross salary. 2700- 4000 EUR/month, which is to be determined depending on your level of experience and competencies

What You Will Do:

•  Oversee and challenge the controls implemented by the first line of defence and perform routine monitoring of Third Party and Outsourcing risks under the guidance of a senior team member;
  
• Contribute in the collection and analysis of data for risk assessments and reports;
• Contribute to the development of recommendations for improving the effectiveness of risk management and control measures;
• Identify, monitor, analyse, measure, manage, and report on Third Party and Outsourcing risks under the guidance of a senior team member;
• Contribute to independent risk reporting to Luminor’s management and regulatory authorities;
• Oversee operational risk incident and change management processes under the guidance of a senior team member;
• Continuously keep updated with the regulatory environment and emerging trends to support Third Party and Outsourcing risk management;
• Contribute to other relevant elements of Luminor’s operational risk management framework;

What We Expect: 

•  1-3 years of experience in third party and outsourcing risk management or a related field;
• Understanding of risks and control measures associated with outsourcing and third-party arrangements;
• Experience with risk assessment tools and techniques;
• Experience with relevant tools such as Vendor Risk Management platforms and tools to support risk assessments and monitoring;
• Strong analytical and problem-solving skills, with the ability to evaluate information and make recommendations;
• Ability to effectively communicate concepts and situations to audiences with varying levels of technical fluency; 
• Degree in Business, Economics, Risk Management or similar field;
• Fluent English is required in spoken and written communication.

Application deadline is 31st of July. We are looking for a candidate primarily already located within Baltics and please apply with your CV in English and PDF format!