About the opportunity
We are seeking a Business Risk Associate to join our team in Berlin. You will be responsible for ensuring risk management policies and practices are lived in the 1 Line of Defense. You will have the unique opportunity to work with key stakeholders across the N26 group that help us mitigate and monitor risk, build and optimize processes, as well as improve the effectiveness of our approach to risk management in the operations organization
In this role, you will:
- Support the implementation of policies, procedures, processes and work instructions within the organization.
- Ensure outsourcing partners are managed in line with MaRisk, BAIT and EBA Outsourcing regulations
- Lead and coordinate audit, risk and regulatory projects across the C-Level organization.
- Update and maintain outsourcing contracts between N26 entities and various sub-outsourced partners
- Assume responsibility for quality assurance, 1 Line of Defense controls and incident management for crucial business processes.
- Collaborate with senior stakeholders from the 2 Line of Defense in order to support the operationalization of frameworks
- Review and comment policies, procedures, standards, processes and tools developed by the 2 Line of Defense to be implemented and applied across the 1 Line of Defense .
- Support 1 Line of Defense stakeholders in the execution of their responsibilities as risk owners
- Review and challenge relevant information received from the risk owners, ensuring completeness and integrity.
- Help to establish a culture of risk and compliance among 1 Line of Defense stakeholders
What you need to be successful:
Background:
- Preferred 2 years work experience in outsourcing, risk management or audit
- Bachelor or Master Degree in Finance, Business Administration, Banking, or related fields.
- Experience working in a bank, fintech or associated financial institution
Skills:
- Experience managing projects
- Excellent communication skills in English
- Ability to work in a fast-paced environment with a problem solving mindset
- The ability to build relationships and credibility across the organization; demonstrates managerial courage; leading through influence - not authority
- Creative thinking skills with emphasis on developing innovative solutions to solve complex problems that may not have one clear answer.
- You have insight into German Banking laws and are willing to become acquainted with European Banking laws, standard banking requirements as well as banking IT-Systems
- You enjoy defining, implementing and optimizing complex processes according to the business requirements as the foundation of your work
- Excellent relationship management, communication and analytical skills required
- Familiarity with risk management theory and experience in applying risk management concepts
Traits:
- Actively help yourself (and others) be successful
- Continuously learn and challenge the status quo
- Think globally, act locally
- Strong bias for action
- Give and receive open, direct and timely feedback
What’s in it for you:
- Accelerate your career growth by joining one of Europe’s most talked about disruptors, and a LinkedIn Germany Top Startup Employer three years running 🚀
- Personal development budget, discounted public transit pass, German language classes, fitness memberships, childcare services, N26 premium bank card, employee loans, and your choice of a Mac or Windows laptop
- 26 vacation days per year, with an additional day for each year of service - up to 30 days
- A high degree of collaboration and autonomy while working with a group of diverse peers, and access to cutting edge technologies
- A relocation package with visa support for those who need it
Who we are
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.
We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. 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.
Founded in 2013, N26 now has 7 million customers in 25 markets. Our talented team works across 8 global offices in Berlin, Barcelona, Madrid, Milan, Paris, Vienna, New York and São Paulo.
Sound good? Apply now for this position.
N26 is an equal opportunity employer and values diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status or disability status.
