Senior Risk Model Analyst

Join our team as a Senior Risk Model 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 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.

How You Will Make an Impact:

• Ownership of specific pre-agreed modelling tasks within the the Risk Quantification & Automation Unit (RQ&A) on further developing and implementing methodologies for stress testing (ST);

• Development and modelling of stress test solutions within the Python-based environments;

• Assist in the development of Risk Modelling Platform (RMP) and implementing ST solutions into RMP cloud environment, including ETL solutions between environments;

• Development and maintenance of ST reporting solutions in PowerBI;

• Data analysis to support Stress Testing calculations, modelling and reporting;

• Preparation of documentation and overview material covering ST models and methodologies in line with internal and external requirements;

• Collaborate with stakeholders and contribute to ST related topics (ICLAAP, RAF, Recovery and Resolution Planning, Risk Reporting, IFRS9 modelling, Supervisory ST, Climate ST);

• Contribute to team and company performance through effective collaboration and acting with energy, enthusiasm and commitment.
  

What Makes You a Great Fit:

• At least 3 years of experience in risk modelling

• Higher education within Economics, engineering, mathematics, statistics or similar field

• Knowledge of Python and SQL is a must have

• Ability to understand and develop scripts in Python

• Good knowledge of credit risk models (IFRS9, rating systems, VaR)

• Good knowledge of the Bank products, processes, data and IT systems

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

Why You Will Love Working Here:

• 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

• Culture. You’ll be joining a team where things move fast, ideas flow freely, and change is part of the everyday. It’s a dynamic environment that keeps you learning, growing, and never bored

• 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, LinkedIn learning, workshops, conferences, online training, etc

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

• Gross salary. 3500-5300 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is the 30th of the April. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!