Regulatory Change Manager

Join us and get a once-in-a-lifetime opportunity to literally build a local banking champion!

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.

This is an excellent opportunity for legal professionals who are looking to broaden their career in banking and gain exposure to the fast-evolving payments industry.

As a Regulatory Change Manager within the Cash Management (Payments) Department, you will play a key role in interpreting regulatory requirements and translating them into practical business solutions. By connecting regulatory expectations with product and operational needs, you will help drive compliance, regulatory readiness, and a strong risk culture across Luminor.

• Act as a trusted advisor on payments-related regulatory matters for a diverse range of stakeholders across the organization
• Lead and coordinate activities required to monitor, manage, and track regulatory initiatives and deliverables throughout Luminor
• Identify and oversee payment-related risks, perform risk and control assessments, prepare risk reporting, and contribute to broader risk management processes
• Ensure internal policies, procedures, terms and conditions, and risk documentation remain up to date and aligned with regulatory requirements
• Support external communications and responses related to payment services, including interactions with regulators, customers, and other external stakeholders
• Prepare, analyze, and present reports to management, providing insights on regulatory developments, risks, and implementation progress
• Represent Luminor in discussions with regulators and auditors, and coordinate regulatory reviews and audit activities with internal and external partners

• University degree, preferably in Law or a related field
• Good understanding of Baltic and European regulatory frameworks governing payment services, including PSD2 and the upcoming Payment Services Regulation (PSR)
• At least 3 years of experience in Banking, Legal, Compliance, Regulatory Affairs, Risk Management, or Payments-related roles
• Strong command of English and the local language, both written and spoken
• Excellent organizational skills with the ability to manage multiple priorities and deadlines.
• Strong analytical thinking and problem-solving capabilities
• Effective communication and stakeholder management skills, with the ability to explain complex regulatory topics in a clear and practical way
• Ability to work independently while building strong collaborative relationships across the organization
• High level of integrity, accountability, and commitment to delivering results

• 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