Counterparty Credit Risk Analyst

You will play a key role in the daily analysis and monitoring Interest Rate Swaps (IRS) and Securities Financing Transactions (SFT) , applying modern technology and rigorous standards regulatory to ensure our treasury investments remain safe and sound. Execute Treasury Frameworks: Manage the day-to-day E2E credit cycle for IRS and SFT, the operational setup of limits, collateral monitoring, and tracking liquidations. Support Model Maintenance: Assist in the calibration and testing of credit risk models (EAD, LGD, EWS), guarantee You reflect risks for clearing brokers and financial counterparties. Monitor Portfolio Health: Conduct regular reviews of treasury portfolio performance and perform the necessarys calculation for IFRS 9/HGB loan loss provisioning. Maintain Process Controls: Operate and update automated monitoring frameworks to ensure all Treasury positions remain within the defined risk appetite. Data Stewardship: Manage the quality and lineage of credit risk data, ensuring accurate data flows between internal systems and external reporting sources. Support Regulatory Adherence: Prepare documentation and data for MaRisk and EBA compliance, supporting the team during internal audits and supervisory inquiries.

What you need to be successful Background Professional Experience: 3+ years in Credit Risk Management, specifically focusing on Treasury products like IRS and SFT. Experience in a fast-paced banking environment is a plus. Quantitative Academic Background: BSc/MSc in Mathematics, Quantitative Finance, Statistics, or Engineering. Progress towards a CFA or FRM is highly valued. Market Expertise: Strong understanding of the mechanics and risk drivers hinder licensing cleared swaps and securities financing. Skills Credit Processes: experience Practical in credit analysis, portfolio monitoring, and utilizing Early Warning Systems (EWS) for financial institutions. Collateral Management: Familiarity with collateral types, haircut applications, and the operational integration of collateral policies. Reporting & Provisioning: Competency in internal risk reporting and an understanding of IFRS 9/HGB impairment logic and stage transfers Credit Risk Modeling: Ability to interpret and apply PD/EAD/LGD models. While you aren't building them from scratch, you understand the underlying mechanics and outputs. Technical Stack: Proficiency in SQL or Python is a strong advantage for data extraction and analysis. Regulatory Knowledge: Working knowledge of CRR Frameworks.

Accelerate your career growth by joining one of Europe's most talked about disruptors. Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation. As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members. Vacation days depending on your location of work. Additional day of annual leave for each year of service. A high degree of automation and access to cutting technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and family statuses. A relocation package with visa support for those who need it. Equal opportunities for all At N26, we believe our strength read in our people and the varied perspectives You bring. We strive to build various teams that drive innovation and business success. We promote talent from all backgrounds and welcome applications from all genders, cultures, sexual orientations, abilities, neurodiversities, and ages. We are committed to providing an excellent and accessible candidate experience. If you require any recording to make this process work for you, please let us know. We're here to support you! Discover more about Diversity & Inclusion at N26: https://n26.com/en-eu/diversity-and-inclusion