Third-Party Risk and Compliance Manager

Join our team as a Third-Party Risk & Compliance 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.

As a Third-Party Risk and Compliance Manager, you will be responsible for the governance of third-party management processes. This includes overseeing third-party (including outsourcing) arrangements with a focus on due diligence, risk management, and ongoing monitoring to ensure compliance with regulatory requirements – such as the EBA Guidelines on Outsourcing Arrangements and the Digital Operational Resilience Act (DORA). You will ensure alignment with internal policies and standards.

You will collaborate closely with business stakeholders, third-party relationship managers, sourcing managers, data analysts, and subject matter experts in operational risk, information security, ICT, compliance, legal, and data management.

This is a unique opportunity to contribute to a transformation journey focused on automation and process streamlining.

What You Will Do:

• Lead end-to-end due diligence and risk assessment process for third-party and outsourcing arrangements


• Maintain oversight and execute controls across the third-party lifecycle (from onboarding to exit) – including materiality assessments, risk management activities (due diligence, risk assessments and risk management) and performance evaluations


• Supervise third-party management activities, identify issues, and monitor remediation efforts


• Act as a Subject Matter Expert (SME) for third-party risk management activities in sourcing projects


• Support third-party onboarding, contracting, monitoring, business continuity and exit strategy planning and testing activities


• Contribute to the digitization and automation of third-party management processes to improve efficiency and ways of working


• Ensure effective cross-Baltic cooperation within the area of responsibility

What We Expect:

• 3+ years of experience in third party risk management or a related field, preferably in the financial services sector


• Understanding of regulatory environment in third party area


• Experience with third party management tools to support risk management activities


• Experience in conducting due diligence on third parties


• Strong meeting facilitation skills to drive discussions and decisions


• Ability to clearly present findings and progress using visual tools


• Strong prioritization skills and ability to manage multiple projects in a dynamic environment


• Fluent English is required in spoken and written communication due to working on the Pan-Baltic level

What We Offer:

• 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


• 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, workshops, conferences, online training, etc.


• Special Offer for Luminor products & services. Enjoy special offers & pricing for products and services provided by Luminor


• Gross salary. 3,260-4,900 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is the 21st of July. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!