Credit Risk Manager

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

How You Will Make an Impact:

• Identify, assess, and manage credit risks across retail and small business lending portfolios.
• Monitor portfolio performance and credit risk metrics, recommending actions to achieve risk appetite and business targets.
• Contribute to the design, automation, documentation, and continuous improvement of credit risk reporting, analytics, and governance processes, ensuring high-quality insights, clear data logic, robust reporting standards, and effective portfolio-level risk management
• Oversee of credit risk tools performance in context of business and risk targets and initiate data-driven improvements in risk rule definitions, affordability and offer calculations, to ensure profitable growth of the business and process efficiency
• Provide requirements for lending automation projects and support translation of business needs into technical system requirements

• 3+ years in credit risk management in retail banking, or SME lending, with a focus on credit policy and rules development, risk modeling, or automated decision systems
• Strong command of credit scoring models, risk engines, and decision making tools; proficiency in data analysis tools such as SQL, Python, or similar and in data visualization tool MS Power BI would be considered as advantage
• Demonstrated ability to analyze credit portfolio performance and identify data-driven strategies to balance business growth with risk mitigation
• Proven track record of working autonomously and with cross-functional teams to implement risk initiatives and influence business outcomes effectively
• Contribute to the development, automation, standardization, and documentation of credit risk reporting and analytics to support portfolio-level risk management and informed decision-making
• Higher degree in preferred fields: economics, finance, business management, statistics, or data science
• Fluent English and local language is required in spoken and written communication due to working on the Pan-Baltic level

• 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