Technology Compliance Officer

**Join our team as a Technology Compliance Officer!

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 the Technology Compliance Officer, you will play a pivotal role in building a strong risk culture within the Technology division at Luminor. Your role ensures the execution of robust governance, risk, and compliance practices aligned with the organization's risk culture KPIs and risk appetite. You will maintain an up-to-date knowledge base of technology-related regulations, manage regulatory communications, coordinate audit engagements, and provide support for regulatory changes.

What You Will Do:

• Promote Risk Culture and Compliance Practices:
  • Lead by example to foster a strong risk culture within the Technology division.
  • Ensure the consistent execution of governance, risk, and compliance practices aligned with Luminor’s risk culture KPIs and risk appetite.
• Regulatory Knowledge and Change Management:
  • Maintain comprehensive records of technology-related regulations and guidance.
  • Liaise with the 2nd line compliance team to assess, implement regulatory changes, and manage remediation activities.
• Regulatory Communication and Coordination:
  • Manage technology-related regulatory communications and handle requests from entities such as the European Central Bank, Lithuanian Bank, Latvian Bank, and Estonian FSA.
  • Coordinate internal and external audit requests and engagements.
• Oversight and Support for Regulatory Changes:
  • Oversee technology regulatory changes and support service owners in implementing necessary adjustments.
  • Maintain oversight of compliance, audit, and regulatory findings, and assist in remediation efforts.
• Stakeholder Collaboration and Training:
  • Foster collaboration and strong communication with key stakeholders across the three lines of defense.
  • Provide guidance and training to Technology Division staff on regulatory compliance best practices and procedures.

What We Expect:

• 2-4 years of experience specifically in Technology Regulatory Compliance within the banking or financial industry, focusing on ICT (Information and Communication Technology), InfoSec (Information Security), and Data Management
• Deep understanding of technology-related regulatory requirements, including but not limited to data protection laws, cybersecurity regulations, and industry-specific compliance standards
• Proficiency in utilizing risk assessment tools and techniques tailored for regulatory compliance purposes and audits, with a strong emphasis on assessing technology, data, and cyber security risks
• Strong understanding of ICT systems, technologies, processes and governance (ITIL)
• Project management and coordination skills to effectively lead and support regulatory compliance initiatives, including coordinating cross-functional teams and managing regulatory compliance-related task
• Fluent English is 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 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 to 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. 2900-4400 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is 28th of June. We are looking for a candidate primarily already located within the Baltics please apply with your CV in English and PDF format!