Credit Risk Manager (Mortgage)

N26 is looking for a Credit Risk Senior Associate to join N26's Retail Mortgage team. The core purpose is to design, implement, and manage robust data analytics and second-line process controls for the mortgage portfolio.

What you'll do

• Contribute significantly to the further development of N26's mortgage credit risk function, aligning with N26's growth aspirations, robust risk management objectives, and stringent regulatory compliance requirements within the retail mortgage business.
• Play a key role in the continuous enhancement of N26's global mortgage governance framework, policies, and procedures, ensuring full alignment with the latest Dutch, European, and German regulations.
• Support the further development and implementation of controls for the end-to-end mortgage credit processes including loan granting, collateral management, monitoring, early warning systems, and loan loss provisioning.
• Design, implement, and operate robust second-line control frameworks and tools for mortgage processes and the portfolio.
• Develop and maintain a resilient and accurate mortgage credit risk database, crucial for precise portfolio and single case monitoring, portfolio reporting, and loan loss provisioning.
• Conduct in-depth data analysis and support further development and implementation of IFRS 9 and quantitative models to assess key risk indicators.

What you'll need

• Bachelor's degree in finance, econometrics, statistics, mathematics, computer science, or a comparable quantitative field.
• 3+ years of experience in credit risk management, data analytics, process controls, or credit risk methodology development.
• Strong proficiency in SQL for data extraction, manipulation, and analysis; experience with Python, R, or other data processing tools is a significant advantage.
• Solid knowledge of credit risk methodology, including PD/LGD models, debt-servicing ability, and advanced collateral valuation techniques.
• Strong analytical and quantitative skills, with the ability to independently generate actionable insights from complex data.
• Fluent English (German and/or Dutch is a plus).

Nice to have

• Experience with retail mortgages, FinTech environment, or European regulatory frameworks.
• Master's degree or passed CFA or FRM exams.
• Experience designing second-line control dashboards, early warning systems, and data governance processes.

What they offer

• Competitive personal development budget and work from home budget.
• Premium N26 bank account subscription and discounts to fitness and wellness memberships.
• Additional day of annual leave for each year of service.
• High degree of autonomy with access to cutting edge technologies.
• Relocation package with visa support.