Senior Quantitative Risk Associate

We’re looking for a Quantitative Risk Associate to help shape and maintain our risk measurement methodologies across credit, market, liquidity, and non-financial risks. You’ll play a key role in designing and interpreting stress tests, driving cross-functional risk projects, and ensuring our frameworks meet evolving regulatory standards. You’ll also contribute to the development of our Python-based risk tools, including automating processes, integrating new data sources, and supporting audit-proof testing and documentation. This is a hands-on role offering the chance to apply your technical skills, deepen your regulatory expertise, and drive meaningful impact within a high-performing risk function.

In this role you will:

• Support in the further development and maintenance of our risk measurement methodologies for credit, market, liquidity and non-financial risks, ensuring compliance with relevant regulatory requirements (e.g. MaRisk, EBA)
• Assist in the stress testing framework, including scenario design, model logic, and result interpretation
• Become a key contributor to our Python-based risk tool by finding ways to automate existing processes and reportings, integrating new data sources and assisting with audit-proof testing and documentation
• Collaborate with other teams and departments to further improve data quality 
• Ensure transparent, audit-proof documentation of all methodological components
• Support internal and external audits
• Provide methodological expertise in cross-functional risk-related projects

What you need to be successful:

Background

• Quantitative academic background: Master’s in statistics, mathematics, business/economics, or a similar field with a quantitative focus.
• First practical experience in risk controlling or a related field is a plus.

Skills

• Methodological proficiency: Prior knowledge of Pillar II models (Credit Risk, Market Risk, Operational Risk), the overall ICAAP and/or IRRBB is a strong plus 
• Technical experience: Hands-on experience with SQL, Excel and Python including libraries for quantitative modeling (e.g., NumPy, SciPy, Pandas).
• Prior knowledge in (stochastic) modelling (e.g. option pricing, VaR, Monte-Carlo simulation) is a strong plus
• Entrepreneurial mindset with a proactive and solution-driven approach to challenges.
• Strong analytical and conceptual thinking skills, with attention to detail
• Hands-on mentality and eagerness to tackle new topics while demonstrating a quick grasp in conceptual project work and strategic thinking
• Fluent in English, German is a plus

Traits

• Strong ownership mindset with a bias for action in a structured manner.
• Critical thinking, creativity and a drive to improve the status quo.
• Passion for data and complex problem-solving.
• Ability to balance conceptual thinking with attention to detail.
• Adaptability in a fast-changing environment.
• Actively help yourself and the team be successful.
• Motivation to drive the team's progress while actively seeking for synergies with other departments.
• Commitment to continuous learning and professional development.

What’s in it for you:

• 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.    
• Additional day of annual leave for each year of service.  
• A high degree of autonomy and access to cutting edge 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.

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use. We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do.  We are headquartered in Berlin with offices in multiple cities across Europe, including Vienna and Barcelona, and a 1,500-strong team of more than 80 nationalities.

Sounds good? Apply now for this position.

Equal Opportunities:

We recognize that our strength lies in our people and the varied perspectives they bring to our workforce. We strive to build talented and diverse teams to drive our business success and empower our people to reach their full potential. We genuinely welcome and encourage applications from people of all backgrounds, cultures, genders, sexual orientations, abilities, neurodiversities, and ages. We're committed to creating an inclusive workspace where everyone feels valued and respected, free from harassment and discrimination. If there's anything you need to make the application process work for you, please let us know by reaching out to candidate.exp@n26.com.  Visit our website to learn more about Diversity, Equity, & Inclusion at N26.