Data Scientist in Emerging Risk Area
Data Scientist in Emerging Risk Area
Luminor Bank AS Latvijas filiāle
Data Scientist in Emerging Risk Area

Data Scientist in Emerging Risk AreaLuminor Bank AS Latvijas filiāle


Join our team as a Data Scientist!

We are looking for Data Scientist who will join the Data Science team within the Risk Analytics Department and take an active part in designing, developing and improving the emerging risk models and other advanced analytical solutions in the risk area

One of our top priorities in the team is the development of ESG rating models for legal entities and private individuals. These rating models take into account environmental, social and governance factors in estimating the physical and transitional risks of the borrowers.  

This is a great opportunity to stand up, bring out the best in you and build the bank!


  • Develop, improve, and monitor different risk models and other predictive analytical solutions, initially – with the focus on the ESG rating models
  • Make a research of new modelling methodologies and help to improve the current solutions
  • Identify and implement the new model attributes and data sources
  • Work with business analysts and engineers to select the appropriate data sets and data representation methods
  • Improve the design of current models via process automatization
  • Maintain relationships with a broad range of internal and external stakeholders to ensure successful implementation of new models and analytical initiatives
  • Communicate and present the results, findings and detailed technical information in a simple and concise manner

Skills and experience:

  • Higher education in mathematics, physics, statistics, data science, engineering or another STEM field
  • At least of 2-3 years experience in modelling, data science and data analysis
  • Excellent research skills: ability to collect, read and summarize large volumes of information and transform the knowledge into actionable advice and models
  • Demonstrated history of taking part in delivering complicated models / business solutions
  • Excellent English language skills (written and spoken), ability to present the ideas and results in a concise manner
  • Knowledge and practical experience in Python or R, ability to write a clean and readable code
  • Good knowledge of applied statistics, mathematical modelling and data science concepts
  • Knowledge of SQL and data preparation techniques
  • Experience in banking, fintech, lending or financial services is desirable but not mandatory
  • Knowledge of ESG, climate risks, sustainability, credit risks is strongly desirable but not mandatory

Why Luminor? What we can offer you:

  • Dynamic and international working environment that is filled with interesting challenges and opportunities to innovate, as we build a bank together
  • Varied opportunities to support your professional and personal development and growth
  • A competitive benefits package in addition to your salary
  • An additional benefits package for employees after 1 year in the company, which includes additional days of vacation
  • A collaborative and supportive team where you can create and implement ideas
  • A salary range for this position at 2000-3000 EUR (Gross*), which is to be determined depending on the level of experience and competencies of the selected candidate


Application deadline is 19th of January 2022

In case of questions please feel free to contact: hiring manager irina.klevecka@luminorgroup.com or People Partner vikante.rackauskaite@luminorgroup.com.

Tev varētu interesēt arī:

AML Monitoring Officer at SEB Global Services in Riga
SEB Global Services
€ 1400 – 2100
Beigu termiņš: 21.06.2022
Kickstarter in Finance
SEB Global Services
€ 1000 – 1500
Beigu termiņš: 21.06.2022
Junior AML Monitoring Officer at SEB Global Services in Riga
SEB Global Services
€ 1100 – 1750
Beigu termiņš: 21.06.2022