(Senior) Risk Manager (m/f/x)

This position is embedded within our Risk Control department, with a primary focus on core Risk Governance frameworks—including ICAAP, Risk Inventory, Risk Strategy, and Stress Testing. In addition, you will support overarching Non-Financial Risk (NFR) and Operational Risk Management tasks as part of our integrated risk management approach. The responsibilities listed below reflect our department’s mandate; your specific deployment will be handled flexibly, tailored to your individual expertise, personal strengths, and current team priorities.

Key Responsibilities

• Risk Governance, Strategy & ICAAP:

  • Support the ongoing development and operationalization of the institution's Risk Strategy, Risk Governance frameworks, and ICAAP.

  • Continuously monitor and track the institution’s Risk-Bearing Capacity (RBC), ensure strict adherence to established risk limits, and maintain the overall institutional risk profile.

  • Lead and execute the annual Risk Inventory (Risikoinventur) process to identify, aggregate, and assess all material risk types across the organization.

• Stress Testing & Scenario Analysis:

  • Design, refine, and execute comprehensive Stress Testing frameworks across various risk types to evaluate potential impacts under adverse macroeconomic and idiosyncratic scenarios.

  • Conduct scenario analysis and sensitivity modeling to support capital planning, risk-bearing capacity, and strategic decision-making.

• Integrated Risk Reporting & Stakeholder Management:

  • Prepare regular and ad-hoc risk reports (e.g., quarterly Risk Reports, Risk Strategy updates) for senior management, risk committees, and supervisory authorities.

  • Serve as a key contact and trusted advisor for 1st Line of Defense (1LoD) business units, guiding them on risk governance requirements, risk limits, and corrective action tracking.

• Support for Non-Financial Risk (NFR) & Governance Processes:

  • Support the maintenance of Non-Financial Risk and Operational Risk frameworks, including high-level oversight of incidents, Risk Control Self-Assessments (RCSA), and Key Risk Indicators (KRIs) where relevant to the overall risk profile.

  • Contribute to the governance and risk evaluation within the New Product Process (NPP) lifecycle to ensure aligned risk strategy compliance for new products and business initiatives.