About this role
About the opportunity
We are seeking a Manager Risk Controlling to help us further develop and strengthen our Risk Controlling function with a focus on the Internal Liquidity Adequacy Assessment Process (ILAAP) and overall Liquidity Risk Management .
As part of the Risk Controlling team , you will lead the development, implementation, and analysis of models for liquidity risk controlling, covering both regulatory requirements (Pillar I) and internal methodologies (Pillar II) . You will ensure that N26 maintains a robust liquidity position through advanced modelling, stress testing, and expert methodological guidance.
At N26, we are redefining banking through technology and innovation. As a Risk Controlling Manager with a focus on ILAAP and liquidity risk , you will have the opportunity to shape the future of risk management in a fast-paced, forward-thinking environment. Join us and be part of a team that values collaboration, innovation, and excellence.
In this role, you will:
• Lead the design, maintenance, and continuous improvement of the ILAAP framework , ensuring it accurately reflects the firm's liquidity adequacy and risk appetite.
• Develop, calibrate and continuously refine quantitative liquidity risk methodologies based on historical development data, including deposit stability models, liquidity runoff assumptions, internal liquidity maturity ladders , survival period analysis, and intraday liquidity metrics.
• Design and statistically calibrate liquidity risk model parameters using internal historical data, expert judgement and stress-testing results, ensuring that assumptions remain empirically grounded and fit for purpose.
• Translate the specific characteristics of a digital retail bank into tailored liquidity risk methodologies rather than relying solely on standard regulatory metrics and industry practices.
• Spearhead the design and calibration of comprehensive liquidity stress scenarios , identifying potential vulnerabilities and challenging qualitative assumptions.
• Ensure full compliance with relevant European and German regulatory requirements, such as MaRisk and EBA Guidelines on ILAAP , while overseeing regulatory liquidity reporting standards.
• Establish and maintain the architectural design of risk limits for liquidity and funding, providing expert advice on limit calibration and remediation strategies.
• Lead initiatives to improve the quality, governance, and lineage of core balance sheet data used in liquidity risk and ILAAP calculations.
• Act as the primary methodological expert and project lead for interactions with internal/external auditors and regulators (e.g., EBA, national central banks) regarding the adequacy and robustness of liquidity risk practices.
What you need to be successful:
Background :
• Quantitative academic background (Master's in statistics, mathematics, economics, or a similar quantitative field). Professional certifications like CFA or FRM are a plus.
• 5+ ye