Third Party Risk Manager

Join our team as a Third Party Risk 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 a Third-Party Risk Manager to join our Third-Party Risk & Governance Unit. In this role, you will strengthen how third-party risks are identified, assessed, challenged, managed, and monitored effectively throughout the third-party lifecycle – while working with colleagues across the Baltics and seeing the practical impact of your work.

How You Will Make an Impact:

• Review and challenge third-party risk matters throughout the lifecycle, including screening, due diligence, risk assessment, issue identification, ongoing monitoring, and decision support

• Assess third-party risks considering relevant facts, business context, process requirements, regulatory expectations, controls, stakeholders, and potential effects on critical or important business processes

• Identify and help resolve incomplete, unclear, or inconsistent information, control gaps, remediation actions, dependencies, and escalation needs

• Contribute to the design, implementation, operation, and continuous improvement of third-party management frameworks, processes, controls, methodologies, tools, and ways of working

• Support business continuity, service continuity, exit, and resilience planning and testing for third-party services that support or affect critical or important business processes

• Provide clear, concise, and action-oriented advice and reporting to business stakeholders, management, governance bodies, and relevant control functions

• Maintain clear records of conclusions, rationale, evidence, data, and follow-up actions to support review, auditability, monitoring, and effective handover

• Undertake other third-party risk management, governance, control oversight, and stakeholder support activities arising from changes to the framework, processes, or operating model
  

What Makes You a Great Fit:

• At least 3 years of experience in third-party risk, outsourcing risk, vendor management, operational risk, compliance, or a related field, preferably in financial services, or regulated company

• Strong analytical and critical-thinking skills, with the ability to evaluate detailed information, understand wider business implications, and form sound risk-based conclusions

• Good understanding of regulatory requirements relating to third-party and outsourcing risk management

• Experience using vendor, supplier, risk, or workflow management tools for assessments, monitoring, reporting, and evidence management

• Experience conducting, coordinating, or reviewing third-party due diligence, risk assessments, findings, and remediation activities

• Strong attention to detail, accuracy, accountability, and sound judgement when making recommendations and documenting rationale

• Ability to prioritize and manage multiple tasks and projects in a dynamic environment

• Ability to work independently and collaborate effectively across functions

• Excellent written and verbal communication skills, with the ability to present findings, risks, recommendations, and required actions clearly

• Bachelor’s degree in economics, business, risk management, information technology, or a related field

• Fluency in English and one local Baltic language, both written and spoken, for work across the Baltic countries

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 - 5200 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is the 16th of October. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!