Market Structure Expert, Investment Services Process Development

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Market Structure Expert, Investment Services Process Development

  • Job type: ,
  • Vietą Vilnius or Tallinn
  • Application deadline: 05/07/2019

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Luminor Investment Services Process Development Unit, Savings and Markets Products Department

The aim of Luminor Products and Customer Offering business area is to develop market leading offering to our existing and future customers. This will be achieved by clearly defined service models for different segments, individualised and contextual offers based on customer life cycle and a focused product portfolio. Investment Services Process Development unit is part of Luminor Products and Customer Offering business area. 

ROLE AND RESPONSIBILITIES

We are looking for Market Structure Expert to cover Savings & Markets Products offering’s business processes, procedures and compliance with regulations (IDD, MiFID II, EMIR, PRIIPs, CRD IV and other). Market Structure Expert will have product specific responsibilities for reviewing the processes and describing procedures together with Product Managers.

Position assumes ability to navigate complex regulatory landscape, ability to translate legal requirements into simple internal procedures and basic understanding of savings, investments, markets and insurance products.  There are numerous counterparties and stakeholders in savings and investments area, therefore good cooperation skills are a clear must.

Clearest near-term challenges for the Market Structure Expert are related to bringing current Savings & Markets products offering under one common Luminor setup.

KEY RESPONSIBILITIES: 

  • Development of flexible and easy to maintain procedures model for savings and markets products area;
  • Review of end-to-end business processes for investment and insurance products and compliance with regulatory requirements;
  • Draft, review, approve and maintain internal procedures for investment and insurance services across Baltics;
  • Cooperate with product managers to deliver high quality, efficient and unified investment and insurance products offering to Luminor customers;
  • Monitor regulatory changes in savings and markets area

REQUIREMENTS FOR THE POSITION

  • Previous experience in area or good understanding of financial instruments (securities, derivatives and insurance products);
  • Ability to translate legal requirement into simple procedures, strong interest in technology area - experience in developing business through the effective use of technology will be considered as advantage;
  • Being capable to work simultaneously with number of stakeholders;
  • Skill to understand complex legal requirements and ability to gain stakeholders understanding in necessary details; 
  • Will to work with cross-Baltic team is a must, previous experience is a clear advantage. Same is considered for previous experience on Agile way of Product and IT development;
  • University degree in Banking, Legal, Finance, Economics, Business Administration, Information Technology or similar.

 

In order to succeed in the team, we expect you to be a proactive and structured team player with an open mindset and strong cross border cooperation skills. Ability to listen, co-operate and engage different views is important. You should be clear in communication and skilled in working across the borders and teams.

Location: Vilnius or Tallinn

For more information please contact Hiring manager Mangirdas Dargužis Mangirdas.Darguzis@luminorgroup.com or supporting People Partner Dovilė Umbrasaitė dovile.umbrasaite@luminorgroup.com