(Senior) Risk Models and Procedures Manager
Nelly
Berlin, Germany
Posted on Dec 9, 2024
We celebrate diversity and encourage individuals of all genders (m/f/d) to apply.
We’re on the lookout for an ambitious Manager / Senior Manager - Risk Models and Procedures to join our team at our headquarters in Berlin. Come make an impact at our early stage and well-funded medical fintech!
The (Senior) Manager – Risk Models and Procedures will be responsible for developing, implementing, and maintaining robust risk modeling frameworks and operational procedures tailored to the unique dynamics of factoring and other lending products. This role focuses on leveraging quantitative models to assess credit and operational risks, refining risk-related policies, and ensuring consistent application of best practices across the organization.
Joining us, you will:
- Develop and maintain processes to assess credit risk, portfolio exposure, and default probabilities for factoring and lending products
- Perform regular model validation, calibration, and stress testing to ensure reliability and compliance with regulatory standards
- Create and manage a comprehensive risk inventory, ensuring all relevant risks are identified, documented, and monitored
- Define and document process descriptions for the 1st line of defense, ensuring consistent application across operations
- Monitor the effective implementation of internal controls to mitigate risks and ensure compliance with company policies
- Analyze data to identify trends, refine risk strategies, and improve predictive accuracy of risk models
- Ensure all risk models and procedures comply with regulatory requirements and internal policies
- Support regulatory audits, internal reviews, and reporting by providing clear documentation and insights
- Communicate model results, procedural updates, and risk insights to senior management, providing actionable recommendations
- Monitor portfolio performance and client behavior to identify emerging risks and inform mitigation strategies
- Train staff on the use of risk models and procedures, promoting consistent application across teams
- Collaborate with technology teams to incorporate advanced analytics
- Update risk policies and frameworks in response to changes in the regulatory environment or business strategies
- Lead projects to enhance the efficiency and effectiveness of the company’s risk management frameworkBe responsible for the Company’s regulatory reporting obligations
- Stay updated on industry trends and innovations in risk modeling to continuously improve the company’s capabilities
What you’ll bring:
- Bachelor’s degree in Finance, Economics, Statistics, Mathematics, or a related field
- 5+ years of experience in risk modeling, quantitative analysis, or risk management within factoring, trade finance, or financial services
- Strong proficiency in statistical modeling, and data analysis
- In-depth understanding of regulatory requirements, risk management frameworks, and best practices in financial services
- Exceptional analytical and problem-solving skills with the ability to communicate concepts and requirements effectively to diverse stakeholders
- Strong project management abilities, with a detail-oriented approach and commitment to accuracy and confidentiality
What we offer:
- Flexible working hours and hybrid work mode
- 4 weeks workation possibility
- Cozy and dog friendly office in the city centre
- BVG Ticket or Swapfiets subscription
- Urban Sports membership