Join our team as a Senior Compliance Officer, Sanctions Compliance!

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 literally build a local banking champion.

As a Senior Compliance Officer in Sanctions Compliance you will assist us with fostering our risk culture and oversee sanction related compliance activities across all of Luminor, by helping us continue to build a work environment based on trust and accountability. You will have the chance to drive compliance and sanctions related initiatives and activities together with a fantastic Pan-Baltic team of experts and personalities.

What's In It For You:

• Flexibility. Flexible working hours, remote work and possibility to work from anywhere in EU, Iceland, Switzerland and 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 trainings. Therefore, Luminor offers 30 fully paid calendar days for military trainings every year
• Health benefits. A competitive benefits package in addition to your salary that includes health insurance after first 3 months pass in all three Baltic states as well as Health days in case of your absence due to sickness without doctor 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. 2,620-3,920 EUR/month, which is to be determined depending on your level of experience and competencies

What You Will Do:

• Understand sanctions compliance requirements of UN, EU, US, UK and countries where Luminor operates,
• Follow up on sanctions-related legal requirements, advisories, best market practises and communicate changes to internal stakeholders,
• Support Group AML/CFT and Sanctions Compliance Officer in ensuring that sanctions policies, processes and practices are implemented in the organization in accordance with applicable legal acts and best market practise,
• Identify sanctions compliance gaps and recommend actions to meet regulatory standards,
• Contribute to the development and review of sanctions policies and procedures,
• Prepare proposals for internal lists for screening against sanctions and strategic items, maintain screening against sanctions lists related framework,
• Maintain and update requirements for sanctions screening systems, follow-up on requested needed changes in the sanctions screening systems, prepare proposals for prioritization
• Define and maintain procedures regulating sanctions screening in regard to different payment flows, messages types etc.,
• Coordinate sanctions compliance activities within the Department
• Advise Group AML/CFT and Sanctions Compliance Officer in making decisions on complex sanctions cases to ensure that sanctions risks are identified, assessed and managed sufficiently,
• Lead and/or participate in sanctions compliance improvement projects
• Support, provide input to internal and external sanctions reporting
• Collaborate with stakeholders within the Bank and external authorities, including FSA and banking associations
• Prepare and deliver training on sanctions framework, typologies and trends
• Support continuous professional development and performance within the Department
• Foster a positive working environment and collaborate effectively with colleagues

What We Expect:

• In-depth knowledge of Baltic, European, US, and UK sanctions compliance regulations.
• Strong experience managing ...