Senior Analyst
Join our team as a Senior Analyst!
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.
Are you passionate about ensuring the reliability and accuracy of financial models in decision-making processes? We're seeking a dynamic individual to join our team as a Model Risk Management & Validation Senior Analyst. In this role, you'll play a pivotal part in validating and enhancing models crucial for credit decisions, IFRS 9 compliance, stress testing, and regulatory requirements.
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. 3600-5300 EUR/month, which is to be determined depending on your level of experience and competencies
What You Will Do:
- Periodically perform and lead validation or risk models used for credit decision making, IFRS 9, internal stress-testing and ICAAP/ILAAP
- Contribute and lead validations of models that are part of Luminor model inventory and validation plan.
- Contribute to the development and maintenance of requirements for validation of risk models in Luminor
- Contribute and drive the development and maintenance of Model Risk Management Framework
- Outline and discuss model risk related findings with different stakeholders within Luminor
- Prepare and present validation reports for approval
- Drive the collaboration with other units to manage identified compliance gaps, issues and risks and to implement action plans and recommendations
- Lead in providing the internal trainings to other bank colleagues on various validation and model risk management related topics
What We Expect:
- Good knowledge of the Bank products, processes, IT systems, and regulatory environment surrounding risk management areas
- Strong understanding of mathematical/statistical concepts needed for quantitative risk management
- Strong communication and presentation skills, ability to create a highly professional written material
- Ability to drive independently various assignments in risk management area.
- Fluent English is required in spoken and written communication
- Initiative to learn quickly new tasks
- Innovative and change mindset
- Thoroughness, accuracy and accountability
- Analytical thinking and ability to make decisions quickly
- Time management
Application deadline is 28th of April We are looking for a candidate primarily already located within Baltics and please apply with your CV in English and PDF format!