Join our  Risk Analysis and Reporting Unit team as a Manager (AML/CFT Compliance Officer for Estonian operations)

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.

 At Luminor, we believe in setting the highest standards for compliance, integrity, and risk management. As we continue to grow, we are looking for a dynamic and experienced professional to join us as the Manager of the AML/CF/CFP and Sanctions Compliance unit. This leadership role is crucial in shaping and ensuring the compliance landscape within our organization.

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. 4500 - 6720 EUR/month, which is to be determined depending on your level of experience and competencies

What You Will Do: 

• Ensure implementation of the legal requirements in AML/CFT/CFP and Sanctions areas within the Unit responsibilities.
• Participate in defining Group-level AML/CFT/CFP and Sanctions compliance policies, standards, and procedures.
• Participate in the defining of AML/CFT/CFP and Sanctions area risk taxonomy, Risk Appetite statements, and drive implementation of the metrics and KRIs.
• Develop and maintain the ML/TF and Sanctions/PF Risk Assessment framework for Group-wide and individual risk assessments.
• Coordinate execution of the ML/TF and Sanctions/PF Risk Assessment assessments on the Group level, aggregate results, and prepare Group-wide reports.
• Lead the setup of Group-wide AML/CFT/CFP and Sanctions compliance methodologies, including Customer Risk Scoring and High-Risk countries methodologies.
• Take ownership of the tools used in AML/CFT/CFP and Sanctions areas by analyzing their efficiency and defining requirements based on legal acts, best market practices and analysis done by the Unit.
• Lead the development and maintenance of the internal reporting framework within AML/CFT/CFP and Sanctions areas.
• Lead the preparation of regular AML/CFT/CFP and Sanctions compliance reports to management bodies.
• Ensure central regulatory coordination of AML/CFT/CFP and Sanctions on-site and off-site inspections; organise data gathering for regulatory reporting from stakeholders, proposing how to best address deficiencies and shortcomings identified by the supervisory authorities.
• Contribute to the awareness and training framework within AML/CFT/CFP and Sanctions areas.
• Participate in the new product approval process within the Unit responsibilities, support and challenge business units in defining associated ML/TF and Sanctions/PF risks.
• Coordinate and provide information related to correspondent banks inquiries on the Bank due diligence process.
• Participate and represent the Bank in Banking Associations, AML/CFT working groups, regulatory meetings, and other local forums (if any), meetings according to the mandate.
• Organize, engage, and motivate employees within the Unit through building a strong team, coaching, holding direct reports accountable and developing talent in the Unit....