About the role
Job Description
This position is embedded within our Risk Control department, with a primary focus on core Risk Governance frameworks—including ICAAP, Risk Inventory, Risk Strategy, and Stress Testing. In addition, you will support overarching Non-Financial Risk (NFR) and Operational Risk Management tasks as part of our integrated risk management approach. The responsibilities listed below reflect our department’s mandate; your specific deployment will be handled flexibly, tailored to your individual expertise, personal strengths, and current team priorities.
Key Responsibilities
* Risk Governance, Strategy & ICAAP: * Support the ongoing development and operationalization of the institution's Risk Strategy, Risk Governance frameworks, and ICAAP. * Continuously monitor and track the institution’s Risk-Bearing Capacity (RBC), ensure strict adherence to established risk limits, and maintain the overall institutional risk profile. * Lead and execute the annual Risk Inventory (Risikoinventur) process to identify, aggregate, and assess all material risk types across the organization.
* Stress Testing & Scenario Analysis: * Design, refine, and execute comprehensive Stress Testing frameworks across various risk types to evaluate potential impacts under adverse macroeconomic and idiosyncratic scenarios. * Conduct scenario analysis and sensitivity modeling to support capital planning, risk-bearing capacity, and strategic decision-making.
* Integrated Risk Reporting & Stakeholder Management: * Prepare regular and ad-hoc risk reports (e.g., quarterly Risk Reports, Risk Strategy updates) for senior management, risk committees, and supervisory authorities. * Serve as a key contact and trusted advisor for 1st Line of Defense (1LoD) business units, guiding them on risk governance requirements, risk limits, and corrective action tracking.
* Support for Non-Financial Risk (NFR) & Governance Processes: * Support the maintenance of Non-Financial Risk and Operational Risk frameworks, including high-level oversight of incidents, Risk Control Self-Assessments (RCSA), and Key Risk Indicators (KRIs) where relevant to the overall risk profile. * Contribute to the governance and risk evaluation within the New Product Process (NPP) lifecycle to ensure aligned risk strategy compliance for new products and business initiatives.
Qualifications
* You successfully completed a Bachelor’s or Master’s degree in business administration, finance, economics or equivalent * You gained at least 3 years experiences at a bank, asset manager or financial services company in (Operational) Risk Management, Audit or Compliance and you have knowledge of regulatory issues related to operational risks (CRR, MaRisk, DORA, SREP, EBA papers) * You are able to work in a time-sensitive environment and you are able to balance competing priorities * You have a strong ability for risk-oriented analysis and comprehensible presentation of complex issues * You have concise verbal and written communication skills in German and English
Additional Information
* Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers * The ability to work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients * Enjoy an office in the heart of Munich, located in a lively neighbourhood and close to the English garden * All internships are worth the same with us: we also remunerate mandatory internships * Learn and grow by joining our in-house knowledge sharing sessions * Work productively with the latest hardware and tools * Free subscription to the PRIME+ Broker