Compliance Officer (MLRO)

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.

The Money Laundering Reporting Officer is responsible for analysis and investigation of suspicious activity which is potentially related with financial crimes, reporting it to Financial Intelligence Unit (FIU), as well as maintaining relations with FIU, guiding organization and providing trainings on current and new trends of suspicious activity. The role also contributes to proactive compliance risk management and development of sound ethics and compliance culture in Luminor Group.

• Make decisions regarding escalated cases whether a suspicious activity report (SAR) should be submitted to the local FIU

• Overall collaboration with the local FIU, follow-up on SARs, assurance of answering requests from the FIU

• Guide colleagues from other units during investigations of unusual and complex cases

• Oversee ML/TF risks, identify trends and patterns, and suggest mitigation actions

• Assess the appropriateness, development and maintain updates for internal procedures

• Provide trainings to the organization on identified ML/TF risks

• Managing other Compliance area tasks assigned by the manager

• Ensuring good cooperation and knowledge sharing with other Luminor’s units

• Contributing to great customer experience

• Providing recommendations in regards to customer relationships

• Promoting and supporting Luminor values and building strong Luminor brand

• 2+ years experience in AML/Sanctions area

• Investigation and suspicious activity identification skills, good knowledge of AML/CFT

• Good awareness of Baltic and European regulatory requirements related to banking and financial services in general

• Good understanding of financial crime typologies

• Experience in SAR reporting is strongly preferred

• Ability to independently manage one’s job

• Strategic mind-set, high level of motivation, combined with good networking skills

• High ethical standards, strong sense of responsibility and commitment to results

• Higher education (Law, Economics or similar)

• Fluent Estonian and English are required in spoken and written communication due to working on a 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

• Gross salary. 3000 - 4100 EUR/month, which is to be determined depending on your level of experience and competencies

The application deadline is the 18th of June. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!