Risk Manager

This position is embedded within the Risk Control Function department, which comprehensively oversees both overarching Risk Governance and Non-Financial Risk Management. Your specific focus and deployment within this role will be handled flexibly, tailored to your individual interests, personal strengths, and current team capacities.

What you'll do

• Conduct and continue to develop day-to-day operational risk, incident, and Risk Control Self Assessment (RCSA) frameworks, including reviewing reported incidents for accuracy, maintaining data integrity in the risk register, executing scheduled Control Testing, and performing framework-aligned "Check and Challenge" routines for RCSA submissions
• Support comprehensive risk profiling, strategy, and policy development, continuously tracking the institution's risk-bearing capacity (RBC), ensuring strict adherence to established risk limits, contributing to the annual risk inventory, and maintaining the overall risk profile
• Contribute to and monitor advanced risk frameworks, including implementing the Operational Risk Stress Testing framework, executing Scenario Analysis programs to model hypothetical impacts, and tracking early-warning Key Risk Indicators (KRIs) over time
• Facilitate and execute the New Product Process (NPP) lifecycle and governance, managing the risk evaluation from the pre-assessment phase through committee sessions, preparing Management Resolutions, and ensuring seamless framework integration for all new initiatives
• Act as a contact person for the 1st Line of Defense (1LoD) and drive reporting, supporting them in assessing risks and defining corrective actions, while producing quarterly Risk Reports and monthly Risk Culture Reports for senior stakeholders

What you'll need

• Bachelor's or Master's degree in business administration, finance, economics or equivalent
• At least 3 years experience at a bank, asset manager or financial services company in (Operational) Risk Management, Audit or Compliance and knowledge of regulatory issues related to operational risks (CRR, MaRisk, DORA, SREP, EBA papers)
• Ability to work in a time-sensitive environment and balance competing priorities
• Strong ability for risk-oriented analysis and comprehensible presentation of complex issues
• Concise verbal and written communication skills in German and English

What they offer

• Office in the heart of Munich, located in a lively neighbourhood and close to the English garden
• International, diverse, and inclusive team
• In-house knowledge sharing sessions
• Latest hardware and tools
• Free subscription to the PRIME+ Broker