Risk Controlling Manager, Liquidity Risk (ILAAP)

About the role

We are seeking a Manager Risk Controlling to develop and strengthen our Risk Controlling function with a focus on the Internal Liquidity Adequacy Assessment Process (ILAAP) and overall Liquidity Risk Management. You will lead the development, implementation, and analysis of models for liquidity risk controlling, covering both regulatory requirements and internal methodologies.

What you'll do

• Lead the design, maintenance, and continuous improvement of the ILAAP framework, ensuring it accurately reflects the firm's liquidity adequacy and risk appetite
• Develop and enhance advanced methodologies for measuring liquidity risk, including internal liquidity maturity ladders, survival period analysis, and intraday liquidity metrics
• Spearhead the design and calibration of comprehensive liquidity stress scenarios, identifying potential vulnerabilities and challenging qualitative assumptions
• Ensure full compliance with relevant European and German regulatory requirements, such as MaRisk and EBA Guidelines on ILAAP
• Establish and maintain the architectural design of risk limits for liquidity and funding, providing expert advice on limit calibration and remediation strategies
• Lead initiatives to improve the quality, governance, and lineage of core balance sheet data used in liquidity risk and ILAAP calculations
• Act as the primary methodological expert and project lead for interactions with internal/external auditors and regulators

What you'll need

• Master's degree in statistics, mathematics, economics, or similar quantitative field
• 5+ years of practical experience in a risk controlling function or leading consultancy with deep expertise in Liquidity Risk and ILAAP
• Strong understanding of the overall ILAAP framework, maturity transformation, and liquidity-related KRIs
• Strong proficiency in SQL and Python for quantitative analysis and data-driven insights
• Strong analytical and quantitative skills with ability to independently generate actionable insights from complex data
• Ability to work independently, form sound judgments on complex risk topics, and communicate effectively with senior stakeholders and regulators
• Fluent English required

Nice to have

• Professional certifications like CFA or FRM
• Experience with data governance and data quality management processes
• German language skills

What they offer

• Competitive personal development budget and work from home budget
• Premium N26 bank account subscription plus subscriptions for friends and family
• Additional day of annual leave for each year of service
• Discounts to fitness & wellness memberships, language apps and public transportation
• High degree of autonomy and access to cutting edge technologies
• Relocation package with visa support for those who need it