Senior Operational Risk Officer

Join us and get a once-in-a-lifetime opportunity to literally build a local banking champion!

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.

As a Senior Operational Risk Officer, your mission is to strengthen Luminor’s operational risk management framework by providing independent oversight of change initiatives, supporting effective risk management practices, and helping the Bank navigate change in a safe and sustainable way.

How You Will Make an Impact:

• Support the development and continuous enhancement of the Bank's Change Risk Management Framework
• Provide independent risk oversight, review, and challenge of change initiatives, including projects, programmes, technology, process, and transformation changes
• Advise stakeholders on risk management policies, procedures, and control enhancements.
• Identify, assess, monitor, and report operational risks across the Bank
• Contribute to risk reporting for senior management, governance bodies, and regulatory authorities
• Monitor regulatory developments and emerging trends to strengthen operational risk management practices
• Support the continuous improvement of Luminor's Operational Risk Management Framework
• Collaborate effectively across teams, contributing to a positive and high-performing work environment
• Support team continuity by acting as a backup for colleagues when needed
• Perform other responsibilities relevant to the role as assigned by your manager

• At least 3 years of experience in operational risk, non-financial risk, change risk management, or transformation programmes
• Higher education in Risk Management, Business, Economics, Finance, or a related field
• Strong understanding of risk management frameworks, methodologies, and risk assessment techniques
• Experience in coordinating, monitoring, and reporting risk management activities
• Proficiency in data analysis, visualization, and risk management tools
• Excellent analytical and problem-solving skills, with the ability to translate complex information into actionable insights
• Strong communication and stakeholder management skills, with the confidence to engage senior management and challenge constructively
• Ability to manage multiple priorities, work independently, and adapt to changing business needs
• A collaborative mindset with the ability to contribute effectively within cross-functional teams
• Fluent English is required in spoken and written communication due to working on 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