Counterparty Credit Risk Analyst

About the Opportunity

Are you ready to take the next step in your career at a leading challenger bank?

N26 has reimagined banking for today's digital world. Technology and design empower everything we do and it's how we are building the global banking platform the world loves to use. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do.

As a Counterparty Credit Risk Analyst, you will support the risk management of our evolving Treasury products, specifically focusing on Securities Financing Transactions (SFT) and Interest Rate Swaps (IRS), applying modern technology and rigorous regulatory standards to ensure our treasury investments remain safe and sound.

Responsibilities

• Execute Treasury Frameworks: Manage the day-to-day E2E credit cycle for IRS and SFT, including the operational setup of limits, collateral monitoring, and tracking liquidations.
• Support Model Maintenance
• Monitor Portfolio Health: Conduct regular reviews of treasury portfolio performance and perform the necessary calculations for IFRS 9/HGB loan loss provisioning.
• Maintain Process Controls: Operate and update automated monitoring frameworks to ensure all Treasury positions remain within the defined risk appetite.
• Data Stewardship: Manage the quality and lineage of credit risk data, ensuring accurate data flows between internal systems and external reporting sources.
• Support Regulatory Adherence: Prepare documentation and data for MaRisk and EBA compliance, supporting the team during internal audits and supervisory inquiries.

Qualifications

• Professional Experience: 3+ years in Credit Risk Management, specifically focusing on Treasury products like IRS and SFT. Experience in a fast-paced banking environment is a plus.
• Quantitative Academic Background: BSc/MSc in Mathematics, Quantitative Finance, Statistics, or Engineering.
• Strong understanding of the mechanics and risk drivers behind centrally cleared swaps and securities financing.
• Reporting & Provisioning: SQL or Python is a strong advantage for data extraction and analysis.

Benefits

• Competitive personal development budget
• Work from home budget
• Discounts to fitness & wellness memberships
• Language apps
• Public transportation
• As an N26 employee you will have access to a Premium subscription on your personal N26 bank account.
• A relocation package with visa support for those who need it.

We're here to support you.