Credit Manager (Leasing products)

Join our team as a Credit Manager!

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.

We are looking for an experienced Credit Manager in leasing business area in the Corporate Credit Products & Performance department which focuses on development of credit products, business processes, systems and tools as well as performance management.

Responsibilities:

• Act as counterparty towards Luminor Risk organization, identify relevant stakeholders and represent Luminor Leasing.


• Advice Luminor Leasing Sales, Partner Support and other units on credit and asset risks.


• Implement, maintain and analyze leasing credit decisions (automated and manual) and propose changes to credit rules.


• Implement and maintain local instructions to be compliant with external regulations affecting credit granting of leasing (e.g. consumer financing, etc.).


• Implement and follow risk management practices according to Luminor policies, contribute to sound risk data in systems.


• Analyze automated credit decisions to identify improvements, propose and implement changes.


• Initiate development of credit processes in front-end system, define changes and coordinate implementation.


• Develop and maintain collateral value curves.


• Evaluate, select and monitor of acceptable sellers and external valuators of leased assets.


• Proactively plan, deliver and follow-up of your personal tasks timely and according to the set quality standards, budget and Luminor values.

Skills and experience:

• 3- 5 years' experience in credit decision making or credit analysis in Leasing or Banking as well as risk modelling


• Knowledge in financial analysis and assessment of credit risks for corporates and household customers


• Understanding of risk modelling and risk grade calculations


• Ability to coordinate and run cross-country/function projects, involving many stakeholders


• Preferable bachelor's degree in finance or economics


• Professional English and local language are required in spoken and written communication.

What We Offer:

• 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 humor and having fun


• More vacation. Additional week 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 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. 3260 - 4900 EUR/month, which is to be determined depending on your level of experience and competencies

Application deadline is 22nd of June. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!