Team Lead Risk - ICAAP / ILAAP (Pillar 1)

About the role

N26 is looking for a Team Lead to lead and further develop the Risk Governance & Capital Planning team. In this role, you will take ownership of key risk controlling processes across capital and liquidity adequacy, with a focus on Pillar 1 topics within the normative perspective of the ICAAP framework as well as ILAAP. You will guide and develop team members and act as a key counterpart for auditors and regulators.

What you'll do

• Lead and develop the Risk Governance & Capital Planning team, providing guidance, mentorship, and expertise across ICAAP (Pillar 1) and ILAAP topics
• Own and further enhance capital planning processes and Pillar 1 ICAAP governance, including stress testing frameworks and scenario design
• Own and further develop the ILAAP framework, including liquidity risk methodologies, stress testing, and key liquidity risk metrics
• Oversee key risk governance components, including RWA calculation, risk appetite framework, risk policies, limit setting and monitoring, and internal controls
• Own and further develop the risk inventory and recovery plan (Sanierungsplan), ensuring consistency across capital and liquidity perspectives
• Drive the continuous improvement of risk reporting across ICAAP and ILAAP, delivering high-quality, data-driven insights for senior management
• Ensure strong data governance and data quality in line with BCBS 239 principles for key inputs used for capital and liquidity risk assessments
• Ensure adherence to regulatory requirements (e.g., MaRisk, CRR, ICAAP and ILAAP guidelines, EBA regulatory expectations) and act as key contact for auditors and regulators

What you'll need

• Master's degree in business/economics, finance, mathematics, or a related field
• 7+ years of experience in risk management, risk controlling, capital planning, liquidity risk, or a related function within a regulated financial institution or leading consultancy
• Strong experience across ICAAP, capital planning, and/or ILAAP and liquidity risk management
• Proven experience in leading or mentoring team members and driving complex initiatives
• Strong understanding of ICAAP frameworks (Pillar 1 focus), including capital planning, risk inventory, stress testing, and recovery planning
• Strong understanding of ILAAP frameworks and liquidity risk management, including liquidity stress testing, funding risk, and key metrics
• Strong expertise in risk governance frameworks, including risk appetite, policies, internal controls, and decision-making frameworks
• Fluent English; German is a strong advantage

What they offer

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