Senior Risk Model Analyst

Role Overview

• Ownership of specific pre-agreed modelling tasks within the the Risk Quantification & Automation Unit (RQ&A) on further developing and implementing methodologies for stress testing (ST);
• Development and modelling of stress test solutions within the Python-based environments;
• Assist in the development of Risk Modelling Platform (RMP) and implementing ST solutions into RMP cloud environment, including ETL solutions between environments;
• Development and maintenance of ST reporting solutions in PowerBI;
• Data analysis to support Stress Testing calculations, modelling and reporting;
• Preparation of documentation and overview material covering ST models and methodologies in line with internal and external requirements;
• Collaborate with stakeholders and contribute to ST related topics (ICLAAP, RAF, Recovery and Resolution Planning, Risk Reporting, IFRS9 modelling, Supervisory ST, Climate ST);
• Contribute to team and company performance through effective collaboration and acting with energy, enthusiasm and commitment.

Requirements

• At least 3 years of experience in risk modelling
• Higher education within Economics, engineering, mathematics, statistics or similar field
• Knowledge of Python and SQL is a must have
• Ability to understand and develop scripts in Python
• Good knowledge of credit risk models (IFRS9, rating systems, VaR)
• Good knowledge of the Bank products, processes, data and IT systems
• Fluent English is required in spoken and written communication due to working on the Pan-Baltic level.

Tech Stack

• Cloud
• ETL
• Python
• SQL

Benefits

• 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