luminorbank
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ILLUMINATE Summer Internship in Risk Path

Riga, Latvia / HybridHybridentry
OtherSummer Internship
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Quick Summary

Overview

Discover Your Path with Luminor ILLUMINATE 2026! Yes, you can. At Luminor, we believe that growth happens when curiosity meets responsibility. That’s why we’re looking for interns who are ready to step into a real, fast-moving work environment and make a genuine contribution - while discovering…

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Yes, you can. At Luminor, we believe that growth happens when curiosity meets responsibility. That’s why we’re looking for interns who are ready to step into a real, fast-moving work environment and make a genuine contribution - while discovering whether banking is the place they want to grow.

Luminor is building the next generation of banking experience in the Baltics. As the leading independent bank in the region, we combine the stability of a major financial institution with the mindset of a tech-driven, agile organization. Our culture is shaped by curiosity, focus, and collaboration - and by people who take ownership of what they do.

ILLUMINATE is a 10 week paid summer internship program designed for those who learn best by doing. From day one, you’ll work on real tasks, real projects, and real challenges alongside experienced professionals. This is not a “shadowing” internship - you’ll be trusted with responsibility and encouraged to contribute your ideas.

You’ll be part of an international, Pan‑Baltic intern community, collaborating across teams and learning how modern banking works from the inside. The pace can be fast, priorities can shift, and not all answers are predefined, which is exactly where the learning happens.

This internship is a great fit if you:

  • Enjoy being hands‑on and don’t shy away from real responsibility

  • Take initiative and are comfortable exploring topics you haven’t worked with before

  • Can work independently, manage your time, and ask thoughtful questions when needed

  • Feel energized by an agile environment where things evolve quickly

  • Want honest exposure to what working in a bank today truly looks like

If you’re looking for a highly structured environment where every step is predefined, this may not be the right match - and that’s okay. We believe internships work best when expectations are clear on both sides.

What We Offer

~1 min read

Your work will matter. Your learning will be real. And your summer will be spent on building skills, confidence, and insight that go far beyond your studies.

Take a look below and find the path that fits you best.

In this role, you will be involved in various information security and risk management activities, supporting the team in identifying, assessing, and managing security risks across the organization. You will assist in reviewing and challenging risk assessments, evaluating implemented controls, and ensuring alignment with Luminor’s risk management frameworks. You will also contribute to improving processes related to information security risk management and collaborate closely with both 1st and 2nd Line teams.

You will gain valuable hands-on experience working in the core of our risk and security environment, developing practical knowledge of information security concepts, controls, and enterprise risk management practices.

We expect you to have a basic understanding of information security principles, risk management concepts, and control measures. You should demonstrate strong analytical thinking, attention to detail, and a high level of accuracy and accountability. Important soft skills include good communication skills, the ability to create professional written materials, proactive attitude, and willingness to quickly learn new tasks. Fluency in English (both spoken and written) is required.

In this role you will be involved in investigating and identifying potential model improvements of existing modelling methodologies and applied data, challenging the status quo by utilizing new and better predictive methods and modelling techniques. It is also expected that alternatives for currently existing approaches are suggested and presented.

You will gain the practical experience of applying and trying out the concepts of the most attractive and fastest developing Risk Disciplines of the 21st century - Risk Modelling and Model Risk Management.

We expect you to have good understanding of mathematical/statistical concepts needed for predictive modelling description, forecasting and time series analysis, as well as good communication and presentation skills, ability to create a highly professional written material. Soft skills should include analytical thinking and decision making skills as well as initiative to learn and innovation mindset. Fluent English is required in spoken and written communication. Preferred education in Data Science, Mathematics, Physics, Statistics, Econometrics or related.

  • 2-month duration. Starting from the 1st of July until the 28th of August.

  • Flexibility. Flexible working hours and hybrid work.

  • International teams. Teams that go outside Pan-Baltic boarders where people value challenging work together with good humor and having fun.

  • Volunteer time off. We care about giving back to society; therefore, you will get additional days off for volunteering purposes.

  • Health benefits. Health days in case of your absence due to sickness without a doctor's note needed

  • Pan-Baltic projects exposure. Opportunity to work on a variety of real-life projects managed daily by our people.

  • 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.

  • Educational & Leadership sessions during the program. Access to resources & workshops that help to be productive at work and in life, while also being educational.

  • Prolong your stay. Possibility to prolong the contract after the internship if that is available.

  • Professional growth. Internal and external training programs, workshops, mentorship, online training etc.

  • Gross salary. 900 EUR/month for a full-time internship

The application deadline is the 24th of May. We are looking for a candidate primarily already located within the Baltics. Please apply with your CV in English and PDF format!

Location & Eligibility

Where is the job
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Who can apply
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Listing Details

Posted
May 3, 2026
First seen
May 6, 2026
Last seen
May 7, 2026

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Scored at
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luminorbankILLUMINATE Summer Internship in Risk Path