Senior Operational Risk Officer
Join us and get a once-in-a-lifetime opportunity to literally build a local banking champion!
Join our team as a Senior 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 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
What Makes You a Great Fit:
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
Why You Will Love Working Here:
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. 3450-4350 EUR/month, which is to be determined depending on your level of experience and competencies
The application deadline is the 13th of August. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!
- Division
- Risk
- Role
- Operational Risk Department
- Locations
- Tallinn, Estonia
- Remote status
- Hybrid
- Employment type
- Full-time
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.
About Luminor Group
Luminor is the leading independent bank in the Baltics and the third-largest provider of financial services in our region. We serve the financial needs of individuals, families, and companies. Just like our home markets of Estonia, Latvia, and Lithuania we are young, dynamic, and forward looking.
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.