Senior Compliance Officer (Investment Services)

Join our team as a Senior Compliance 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. 

The successful candidate will join Luminor's Compliance Office. Our team is responsible for advising Luminor's business and support lines on implementing various initiatives, managing compliance risks, conducting independent assessments of compliance status, and advising management on ensuring regulatory compliance.

As a Senior Compliance Officer, you will be part of Luminor's second line of defence, where you will independently advise, monitor, assess, challenge, and report on compliance risks related to investment and ancillary services. You will work closely with stakeholders across Luminor on ambitious projects and initiatives.

Collaborating with other internal control functions and team members, you will assess and advise on frameworks, processes, and control environments for investment and ancillary services. You will also provide recommendations for redesign and improvement to meet supervisory expectations.

What's In It For You:

• Flexibility. Flexible working hours, remote work and a 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 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 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 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. 3500-4400 EUR/month, which is to be determined depending on your level of experience and competencies

What You Will Do:

•  Contributing to building regulatory compliance in investment and ancillary services (focus on markets and treasury) through independent compliance risk assessment and compliance advisory, assurance and awareness-raising activities
• Assessing and overseeing compliance risk management in the first-line
• Understanding the regulatory environment, emerging trends, regulatory focus and supervisory expectations to support proper compliance risk management
• Providing advice and guidance concerning the regulatory requirements applicable to investment and ancillary services and redesigning the relevant frameworks, processes and controls to ensure their effectiveness and conformity with the regulations
• Monitoring compliance with applicable external and internal regulations and following up on the remediation actions
  
• Overseeing various regulatory projects in the assigned area
• Conducting training and other awareness-raising activities on regulatory requirements
• Providing insight, support and guidance to Luminor’s managing bodies and contributing to independent compliance risk reporting

What We Expect: 

• Master’s degree in law
• 3+ years of experience in investment services and/or financial markets (work experience in a bank’s compliance or legal function would be seen as an advantage)
• In-depth knowledge and understanding of the European and local regulations about investment services and experience in their implementation
• Professional certifications (CFA, BFAA or similar) would be seen as an advantage
• Excellent communication and problem-solving skills, ability to effectively communicate information to audiences with varying levels of knowledge and expertise
• Ability to think outside the box, view the wider organizational risk picture and how different risks interconnect with one another
• Ability to work independently and as part of a team on a pan-Baltic level
• A high degree of English language competency, written and spoken

Application deadline is the 12th of May. We are looking for a candidate primarily already located within the Baltics please apply with your CV in English and PDF format!