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Senior Specialist, ERM – Baltic Markets

About us

Nasdaq is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 4,000 total listings with a market value of approximately $15 trillion.

The Team

Group Risk Management (GRM) collaborates with businesses as a trusted advisor, facilitating well-informed decisions that support Nasdaq’s strategic objectives. GRM manages and continues to enhance the Enterprise Risk Management, Internal Control, Business Continuity, Crisis Management, and Corporate Insurance frameworks and programs. These programs facilitate the identification, assessment, monitoring, and treatment and reporting of all types of risks, Nasdaq faces.

Your roles and responsibilities:

GRM is seeking a Senior Specialist to assist in the execution of Enterprise Risk Management (ERM) framework, practices, and policies to assess, analyze and report risks to support the Baltic Exchanges and Nasdaq CSD. So your day will consist of:

  • Working with ERM team members to implement the ERM Framework, including programs such as Risk and Control Self Assessments “RCSAs,” the Incident Reporting Program, Issues and Actions Tracking, to drive a risk aware culture across Nasdaq.
  • Facilitating risk assessments and assisting risk and control owners with the identification and assessment.
  • Conducting root cause analyses on identified incidents to recommend improvements.
  • Preparing reports to management, risk committees, Boards and other risk governance forums.
  • Aggregating and analyzing ERM Program data to provide actionable information to management.
  • Providing guidance and / or training to the process and control owners on use of Nasdaq’s Governance, Risk, and Compliance (GRC) database application (Nasdaq Risk Gateway).
  • Communicating risk objectives, framework, and policies to internal and external audiences as appropriate.

What we expect:

  • Proven experience in risk management, compliance, management consulting and / or audit in the financial services industry, preferably with capital markets experience / knowledge.
  • University degree from Business, Finance or similar area.
  • Conceptual and practical experience in operational risk management.
  • Previous risk and control design or assessment experience.
  • Excellent interpersonal and oral and written communication skills.
  • Strong problem-solving skills, investigative, and analytical skills including ability to effectively address issues in collaboration with others.

What we offer:

  • Annual monetary bonus.
  • An opportunity to become a Nasdaq shareholder.
  • Employee Stock Purchase Program Nasdaq stocks with a discount.
  • III pillar pension plan with additional contribution from Nasdaq.
  • Flexible health insurance program.
  • Flexible working schedule and hybrid way of work.
  • Additional paid leave days after 2 years of working at Nasdaq.
  • Flex day program (up to 6 paid days off a year).
  • Internal mentorship program – get a mentor or become one.
  • Wide selection of online learning resources, e.g., Udemy and many more.

Here, we’re committed to building a more diverse and inclusive workforce. Not only is it our responsibility to do better, but we also need representative voices to power the fresh thinking that is vital for our business and our clients.

What happens now?

This is a full-time permanent position located in Vilnius. Nasdaq offers a hybrid workplace to find a balance between working from home and collaborating in the office, therefore it's required to come into the office at least 2 days per week.

If you think you would thrive in this role, then we would love to hear from you! Follow the link to apply in English. As the selection process is ongoing, we might close the position earlier than the last application day.

Monthly base salary 3500 – 4000 EUR gross. The final offer will be based on your experience and skills.

About Nasdaq Vilnius

Our Vilnius office is in the modern K29 business center, easily accessed via bus, but we also offer bike storage. Our working space offers an appealing, ergonomic environment, kitchen spaces, and an in-house library. The building hosts a canteen and vending machine as well as restaurants and shops within walking distance.

Nasdaq Vilnius offers our employees a strong compensation package that includes an annual bonus, equity grant, and access to an employee stock purchase program. Employees receive 20 days of annual vacation (plus 1 additional flex day every two months), III pillar pension plan with additional contribution from Nasdaq, a flexible health insurance program, career development programs, and more.

Come as You Are

Nasdaq is an equal opportunity employer. We positively encourage applications from suitably qualified and eligible candidates regardless of age, color, disability, national origin, ancestry, race, religion, gender, sexual orientation, gender identity and/or expression, veteran status, genetic information, or any other status protected by applicable law.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request an accommodation.

Average salary estimate

$45000 / YEARLY (est.)
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$42000K
$48000K

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What You Should Know About Senior Specialist, ERM – Baltic Markets, Nasdaq

Join Nasdaq as a Senior Specialist in Enterprise Risk Management (ERM) for the Baltic Markets! Located in the vibrant city of Vilnius, Lithuania, you'll step into a dynamic role within a globally recognized company known for revolutionizing the financial markets. At Nasdaq, we pride ourselves on being not just a workplace, but a community where every voice counts and innovation thrives. As part of our Group Risk Management (GRM) team, your expertise will be key in executing our ERM framework and policies to assess and analyze risks impacting the Baltic Exchanges and Nasdaq CSD. Your responsibilities will include working closely with team members to implement various ERM programs, conducting detailed risk assessments, and preparing insightful reports for management. You'll also play an essential role in guiding and training others on using Nasdaq’s Governance, Risk, and Compliance database. We're looking for candidates with a solid background in risk management from the financial services industry, including capital markets knowledge. If you possess strong analytical and problem-solving skills, this is your chance to influence and elevate our commitment to risk-aware culture. Plus, we offer fantastic benefits, such as an annual bonus, equity options, flexible working arrangements, and opportunities for personal and professional development. Let's shape the future of finance together at Nasdaq!

Frequently Asked Questions (FAQs) for Senior Specialist, ERM – Baltic Markets Role at Nasdaq
What are the responsibilities of a Senior Specialist ERM at Nasdaq in Vilnius?

As a Senior Specialist in Enterprise Risk Management at Nasdaq, you will be responsible for implementing the ERM framework tailored for the Baltic Markets. This includes performing risk assessments, facilitating the Risk and Control Self-Assessments (RCSAs), and preparing detailed reports for decision-makers. Additionally, you'll guide team members on using our Governance, Risk, and Compliance database, ensuring a risk-aware culture within the organization.

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What qualifications are required for the Senior Specialist ERM at Nasdaq?

To qualify for the Senior Specialist position in ERM at Nasdaq, candidates should have proven experience in risk management or compliance within the financial services industry, ideally including capital markets. A university degree in Business, Finance, or a similar field is essential. Candidates with conceptual experience in operational risk management and strong analytical skills will find themselves well-suited for this role.

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How does Nasdaq support career development for a Senior Specialist in ERM?

At Nasdaq, employee development is a core value, and as a Senior Specialist in ERM, you will benefit from various programs aimed at professional growth. We offer a robust internal mentorship program, access to a wide range of online learning resources like Udemy, and opportunities to further enhance your skills and knowledge in risk management. This commitment to development helps you reach your career aspirations.

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What benefits come with the Senior Specialist ERM position at Nasdaq?

As a Senior Specialist in ERM at Nasdaq, you’ll enjoy a comprehensive benefits package that includes an annual monetary bonus, participation in the Employee Stock Purchase Program, and contributions to a III pillar pension plan. Flexible health insurance options and a hybrid working model further ensure that our employees achieve a balanced work-life integration, while additional leave days provide valuable time off for personal activities.

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What is the company culture like at Nasdaq Vilnius for a Senior Specialist ERM?

The company culture at Nasdaq Vilnius is one of collaboration and inclusivity. Employees are encouraged to share their ideas and perspectives, contributing to a diverse workplace that values fresh thinking. As a Senior Specialist in ERM, you'll be part of a vibrant team dedicated to managing risk effectively and supporting Nasdaq's strategic goals, all while enjoying a flexible work environment.

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Common Interview Questions for Senior Specialist, ERM – Baltic Markets
Can you describe your experience with Enterprise Risk Management?

When answering this question, highlight specific projects or roles where you implemented ERM frameworks. Discuss the methodologies you used, the challenges faced, and how your involvement added value to your previous organization.

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What strategies would you employ to drive a risk-aware culture at Nasdaq?

Share actionable strategies such as conducting workshops, utilizing risk assessment tools, and gathering feedback from employees to foster an open dialogue on risk awareness. Demonstrate your understanding of how these initiatives can enhance engagement and compliance.

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What tools do you have experience with related to risk management?

List specific tools and software, such as Nasdaq Risk Gateway or other GRC applications, that you've used in past roles. Discuss how these tools improved your team’s efficiency and compliance with risk protocols.

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How do you ensure effective communication of risk policies within an organization?

Effective communication includes tailored training sessions, regular updates to all employees about risk management policies, and utilizing a variety of communication channels. Emphasize the importance of feedback and continual learning in fostering understanding.

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Give an example of how you handled a significant risk incident?

Use the STAR method (Situation, Task, Action, Result) to discuss a specific incident. Detail what the risk was, your role in addressing it, the steps you took to resolve the issue, and the outcomes achieved to demonstrate your problem-solving skills.

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What methods do you use for risk assessment?

Discuss different assessment methods you have applied, including qualitative and quantitative techniques. Highlight how you focus on identifying, measuring, and prioritizing risks in a systematic manner to support effective decision-making.

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What do you think is the biggest challenge in risk management today?

Identify a challenge such as emerging technologies, regulatory changes, or the fast pace of business. Provide an informed opinion on how companies can adapt their risk management strategies to future-proof their operations.

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How do you approach a team-based risk assessment?

Talk about the importance of collaboration and collecting diverse perspectives within the team. Outline your approach to facilitating discussions, ensuring that all voices are heard, and synthesizing information into a comprehensive risk profile.

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How would you handle resistance to risk management policies from colleagues?

Emphasize the importance of understanding concerns and addressing them thoughtfully. Describe strategies you would use to educate colleagues on the importance of policies and engage them in developing solutions collaboratively.

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Why do you want to work for Nasdaq as a Senior Specialist ERM?

Express your passion for the finance industry and interest in Nasdaq's innovative approach to risk management. Discuss how being a part of Nasdaq aligns with your career goals and your enthusiasm for contributing to a company that leads in technological advancements.

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Full-time, hybrid
DATE POSTED
March 27, 2025

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