Risk Controlling Manager, Liquidity Risk (ILAAP)

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 a