Vice President - Credit Risk Manager (ICAAP Focus) (m/f/d)

SMBC Bank International plc; Deutschland; Hybrid; EUR 100.000 - 120.000; Vollzeit

Zusammenfassung

A prominent international bank in Frankfurt is seeking an experienced Vice President - Credit Risk Manager to enhance their ICAAP framework. In this key role, you will lead credit risk analysis, ensuring compliance with regulations and integrating insights into strategic decision-making. The ideal candidate will have several years of relevant banking experience, strong analytical abilities, and proficiency in stress testing. The bank values diversity and offers flexible working arrangements alongside competitive benefits to promote a healthy work-life balance.

Leistungen

Hybrid and flexible working

Private medical insurance

Learning and development opportunities

Qualifikationen

• Several years of relevant experience in credit risk or capital management.
• Deep understanding of ICAAP and capital adequacy frameworks.
• Hands-on experience with stress testing and scenario analysis.

Aufgaben

• Lead and enhance the credit risk components of the ICAAP framework.
• Design and implement credit risk stress testing scenarios.
• Collaborate with Finance and Treasury to ensure consistency.

Kenntnisse

Analytical mindset

Attention to detail

Proficiency in Excel

Communication skills

Ausbildung

Degree in Finance, Economics, Risk Management

Tools

Credit risk tools

Python

R

SQL

Jobbeschreibung

SMBC: A trusted partner for the long term

Here at SMBC Group, we want to help you find the next step in your career so read on to discover if this opportunity is the one for you. We like to recognise potential in our people, so we welcome your application even when your experience doesn't perfectly align with the job description. Whilst we'll always strive to be better, we're proud of our inclusive culture, and encourage our applicants and colleagues to be their authentic, unique selves.

Who we are

United by a sense of purpose towards our customers - to be a trusted partner for the long-term - and our universal banking platform in EMEA, SMBC Group has an international growth agenda and award-winning products, meaning we provide exciting opportunities to work on a diverse range of projects and initiatives. We deliver a full suite of corporate finance products and solutions to our customers as well as investment banking and advisory services, and a range of innovative solutions in global capital markets. Read on to find out how you could enhance your skills and gain valuable experience, by joining us to support our clients transition to a sustainable future.

Role Summary

Is the next step in your career at SMBC Group EMEA?

We are looking for an experienced and analytically strong professional to join our Credit Risk Management team as Vice President - Credit Risk Manager (ICAAP Focus) (m/f/d).

Based in Frankfurt, this role plays a key part in the ongoing development and execution of our ICAAP framework, ensuring full alignment with MaRisk, ECB and EBA expectations, as well as internal capital planning and risk appetite processes.

The successful candidate will act as a bridge between credit risk and capital management, contributing to stress testing, scenario analysis, and the integration of credit risk insights into strategic decision-making. This is a high-impact role with visibility across senior stakeholders in Risk, Finance, and Strategy.

Business Area

Department: Risk Management - Credit Risk Management
Location: Frankfurt, Germany
Reports To: Head of Credit and Capital Risk Management

Position Description

Key Responsibilities

• Lead and enhance the credit risk components of the ICAAP framework, ensuring methodological soundness and regulatory compliance.
• Design and implement credit risk stress testing scenarios, aligned with macroeconomic assumptions and internal models.
• Collaborate with Finance, Treasury, and Enterprise Risk to ensure consistency across ICAAP, ILAAP, and strategic planning.
• Translate evolving regulatory requirements (e.g., MaRisk, ECB Guide on ICAAP, EBA Guidelines) into internal methodologies and documentation.
• Provide analytical input for capital planning, risk appetite setting, and risk‑adjusted performance measurement.
• Support the integration of IFRS 9 credit risk parameters and outputs into ICAAP and stress testing frameworks.
• Contribute to the development and monitoring of credit risk models, including PD, LGD, and EAD, ensuring alignment with both regulatory and accounting standards.
• Monitor regulatory developments and assess their impact on credit risk and capital adequacy.
• Prepare ICAAP documentation and presentations for senior management, risk committees, and supervisory authorities.
• Support improvements in data quality, model governance, and documentation standards.
• Mentor junior team members and foster a culture of analytical excellence and continuous improvement.

Qualifications & Experience

• Degree in Finance, Economics, Risk Management, or a related quantitative discipline.
• Several years of relevant experience in credit risk, capital management, or regulatory risk within a bank or financial institution.
• Deep understanding of ICAAP, credit risk modelling, and capital adequacy frameworks.
• Familiarity with MaRisk, ECB SREP expectations, and EBA guidelines.
• Hands‑on experience with stress testing and scenario analysis.
• Strong analytical mindset with attention to detail and data integrity.
• Proficiency in Excel and credit risk tools; knowledge of Python, R, or SQL is a plus.
• Excellent communication skills, with the ability to present complex topics to both technical and non‑technical audiences.

Competencies

• Customer Focus
• Driving Change
• Driving Results
• Embraces Diversity
• Enterprise Leadership
• Judgement and Decision Making
• Risk Management
• Strategic and Visionary
• Trust and Integrity

What we offer

For all the expertise and experience you bring to help us make a difference, it's only sustainable if we support you to build your career and be your best self so we offer competitive company benefits, centred around promoting positive well‑bring and work‑life balance. We also believe in fostering a diverse and inclusive work environment, where all team members perspectives and contributions are valued. Initiatives in place which promote a diverse and inclusive culture and healthy work life balance include hybrid working, Sport & Social Clubs and Diversity and Inclusion networks.

• Hybrid and flexible working
• Competitive paid leave days
• Benefits to support your physical wellbeing, including private medical insurance and life and invalidity insurance
• Various policies to support your mental wellbeing, including a robust behavioural health network with counselling and coaching services
• Access a wide range of learning and development opportunities and career progression opportunities
• Ambitious remuneration package

So, if you like a challenge and want to continuously grow and develop in a role where you will be supported along the way by a dynamic and diverse team, apply today!!

We recognise our role as a bank to support social change and welcome all applications, including those from groups often under‑represented in financial services. We value the uniqueness of professional and personal background and perspectives as they play a vital role in continuing the sustainable growth of our organisation. We'll ensure reasonable adjustments to our recruitment process are offered due to a disability or long‑term condition whenever requested.

About SMBC

A trusted partner for the long term
United by a sense of purpose towards our customers - to be a trusted partner for the long‑term - and our universal banking platform in EMEA, we deliver a full suite of corporate finance products and solutions to our customers, including corporate, structured and trade finance, leveraged finance, loan market and treasury products. We can also provide investment banking and advisory services and a range of innovative solutions in global capital markets.

Find out more at https://www.smbcgroup.com/emea/careers