Team Lead, Third Party Risk Management

About the role

Luminor is looking for a Team Lead for Third Party Risk Management in Tallinn. The role leads the delivery and continuous improvement of third-party risk management across its lifecycle, combining people leadership, functional oversight and hands-on expertise to ensure effective risk management, strong stakeholder collaboration and consistent execution of the Third-Party Management framework.

Key responsibilities

• Lead and coordinate the Third-Party Risk Management team, covering work allocation, prioritisation, capacity planning, quality and timely delivery
• Foster a collaborative team through clear expectations, regular feedback, coaching and support for professional development and knowledge sharing
• Oversee and quality-assure third-party risk activities across the lifecycle, including screening, due diligence, risk assessment, findings, remediation, ongoing monitoring and decision support
• Review and challenge complex or significant third-party risk matters, and act as the primary escalation point for operational and technical issues
• Track and progress incomplete, unclear or inconsistent information, risk findings, control gaps, remediation actions, dependencies and escalation points
• Lead the design, implementation and continuous improvement of risk frameworks, processes, controls, methodologies, tools, reporting and ways of working
• Support business continuity, process continuity, exit strategy and resilience planning and testing for third-party services affecting critical business processes
• Build relationships with stakeholders and control functions, document conclusions and decisions to support auditability and regulatory review, and contribute personally to complex assessments and remediation

Required profile

• At least 5 years of experience in third-party risk management, outsourcing risk, vendor management, operational risk, compliance or a related field, preferably in financial services
• Proven experience leading, coordinating or supervising teams, including work allocation, quality assurance, coaching and performance management
• Understanding of regulatory requirements for third-party and outsourcing risk, and hands-on experience with due diligence, risk assessments, remediation, monitoring, business continuity and exit planning
• Bachelor's degree in Economics, Business, Risk Management, Information Technology or a related field
• Fluent English and local language, spoken and written, as the role works at Pan-Baltic level; the employer looks mainly for candidates already located in the Baltics

Required skills

• Proficiency in MS Office
• Experience with vendor, supplier, risk or workflow management tools
• Leadership, stakeholder management, negotiation and communication skills

What we offer

• Gross salary of 4,190 - 5,800 EUR per month, depending on experience and competencies
• Flexible working hours, hybrid work and the option to work from anywhere in the EU, Iceland, Switzerland and the UK (up to 90 days per year)
• Additional vacation weeks for employees with 1 year or more of service, volunteer time off, and 30 paid days for military training
• Health insurance after 3 months in all three Baltic states and health days
• Internal and external training, LinkedIn Learning, workshops and conferences
• Special offers on Luminor products and services

The application deadline is 30 October; applications should be sent by CV in English and PDF format.