(Senior) Credit Risk Manager (m/f/d)

Your Responsibilities

The Credit Risk Manager is responsible for the assessment, monitoring, and reporting of credit risk exposures at both transaction and portfolio levels. This includes independent analysis of counterparties, sector and portfolio trends, and support for credit risk quantification within the ICAAP and loan loss provisioning framework. The role contributes to effective risk-based steering and ensures regulatory and policy compliance in line with the institution’s credit risk appetite.

Key Responsibilities

• Perform credit risk analysis of counterparties and transactions (corporates, financial institutions, sovereigns) including review of financials, business models, and transaction structures
• Monitor credit risk developments and portfolio exposures on an ongoing basis, ensuring early identification of deteriorating risk profiles
• Prepare and maintain regular and ad-hoc credit risk reports and dashboards for senior management, committees, and regulators
• Contribute to loan loss provisioning (IFRS 9 / expected credit loss) processes through risk input, staging assessments, and qualitative overlays
• Analyze portfolio concentrations and sector developments, providing management with early warning indicators and mitigation recommendations
• Collaborate with front office, finance, risk controlling
• Monitor compliance with internal risk limits and external requirements (e.g., CRR, MaRisk, Basel III/IV)
• Participate in projects related to data quality improvement, system enhancements, and model validation

Your Profile

This role requires a strong combination of transactional credit expertise, quantitative thinking, and sound risk judgment.

Key Requirements

• University degree in Finance, Economics, Business Administration, or a related discipline
• 2–5 years of experience in credit risk analysis, risk controlling, or credit structuring in a banking or financial services context
• Proven ability to assess transactional credit risk and understand business models, financial covenants, collateral, and legal documentation
• Familiarity with loan loss provisioning processes and IFRS 9 concepts (e.g., staging, expected credit losses)
• Experience in monitoring credit exposures and early warning systems
• Knowledge of regulatory frameworks (CRR, Basel III/IV, MaRisk) and credit risk concepts (PD, LGD, EAD)
• Strong Excel, data handling and analytical skills;
• Strong communication skills and ability to summarize risk issues for senior stakeholders
• Detail-oriented, proactive, and able to manage multiple tasks under tight deadlines
• Certifications such as FRM, CFA, or similar are a plus

Join our mission, join our team - and grow with us!

As part of the strong Raisin family, Raisin Bank combines the best of both worlds: The experience and security of a bank with the flexibility and innovation of a Start-up.
Our employees are just as diverse as our partners. If you are looking for a dynamic environment in which you can play to your strengths and develop further, then you have come to the right place! In our agile FinTech environment, you have the opportunity to work in an international team and gain new experience. We provide:

• Employee Development Budget of €2,000 and access to Babbel for continuous learning.
• Exciting cooperation partners and projects in the banking and Start-Up environment.
• A fully cloud-based Banking-as-a-Service Platform.
• Company-wide use of industry-leading tools for analysis, development, communication and collaboration such as AWS Stack, Splunk, GSUITE, Slack, Atlassian Suite (Jira, Confluence, Trello) and many more.
• Dynamic environment, a hands-on mentality and agile ways of working.
• Flexible working hours and 30 days holiday plus Christmas Eve and New Year's Eve off.
• Collegiality and a supportive learning environment.
• Promotion of company pension schemes and capital-forming payments (vermögenswirksame Leistungen).
• We subsidize the Deutschland Ticket with €25 per month.
• Love cycling? With JobRad, lease the bike of your choice and enjoy tax savings, plus Raisin covers your monthly insurance costs
• A diverse team of experts to learn from and to inspire each other.