Join our team as a Senior Compliance Officer (Risk Analysis & Reporting Unit)

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 build a local banking champion.

 We are currently seeking a highly motivated and skilled Compliance Officer specializing in Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), Countering Financial Proliferation (CFP), and Sanctions to join our dynamic team within the Risk and Analytics Compliance Unit.

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. 3200-4900 EUR/month, which is to be determined depending on your level of experience and competencies

What You Will Do:

• Follow up on legal requirements in AML/CFT/CFP and Sanctions areas.
• Participate in mapping activities for new requirements, risks, and controls within the responsibilities of the Risk and Analytics Compliance Unit.
• Participate in defining Group-level AML/CFT/CFP and Sanctions compliance policies, standards, and procedures.
• Identify areas of improvement and initiate process improvements in AML/CFT/CFP and Sanctions area on a pan-Baltic level.
• Support and challenge business units in defining associated ML/TF and Sanctions/PF risks and designing mitigating measures.
• Contribute to defining AML/CFT/CFP and Sanctions area risk taxonomy, Risk Appetite statements, metrics, and Key Risk Indicators (KRIs).
• Provide proposals and contribute to setting limits, metrics, and KRIs.
• Proactively participate in developing and maintaining ML/TF and Sanctions/PF Risk Assessment framework for Group-wide and individual assessments.
• Coordinate assessments on the branch or subsidiary level, aggregate results, and prepare Group-wide reports.
• Lead the development and maintenance of Group-wide AML/CFT/CFP and Sanctions compliance methodologies, including Customer Risk Scoring and High-Risk countries methodologies.
• Support the development and maintenance of the external regulatory reporting framework. Lead/contribute to off-site and on-site regulatory inspections, organize data gathering, and propose solutions for deficiencies.
• Participate in the NPAP for the launch of new products or significant changes to existing ones.
• Train and advise the organization in AML/CFT and Sanctions requirements and best practices within the Unit's responsibilities.
• Contribute to the preparation of the regular and ad hoc internal and external reports.
• Represent the Bank in external working groups organized by the Banking Association, in meetings with the FSA etc. within the area of responsibility

What We Expect: 

• Knowledge of AML/CFT and/or Sanctions regulations (3+ years experience in AML/CFT and/or Sanctions area within the financial sector, supervisory authorities or audit companies).
• The initiative, ownership and driving results with energy and a positive attitude;
  An academic degree in law, economics, audit or equivalent.
• Advanced...