Team Lead Risk - ICAAP / ILAAP (Pillar 1)

EngineersOfAI; Germany (OH); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Competitive personal development budget

Work from home budget

Job summary

EngineersOfAI is looking for a Team Lead to guide the Risk Governance & Capital Planning team. This role involves leading key risk controlling processes, ensuring compliance with regulations, and driving improvements in governance frameworks.

Successful candidates will have significant experience in risk management, team leadership, and a strong understanding of regulatory frameworks such as ICAAP and ILAAP. The company offers competitive benefits and opportunities for career advancement.

Qualifications

• 7+ years of experience in risk management or related function.
• Strong leadership and mentoring experience.
• Extensive knowledge of regulatory requirements.

Responsibilities

• Lead and develop the Risk Governance & Capital Planning team.
• Enhance capital planning processes and governance.
• Ensure compliance with regulatory requirements.

Skills

ICAAP frameworks

Liquidity risk management

Data governance

Stakeholder management

Education

Master's degree in business/economics, finance, mathematics

Job description

About the opportunity

Are you ready to take the next step in your career? N26 is looking for a Team Lead to lead and further develop the Risk Governance & Capital Planning team.

In this role, you will take ownership of key risk controlling processes across capital and liquidity adequacy, with a focus on Pillar 1 topics within the normative perspective of the ICAAP framework as well as ILAAP. You will ensure alignment with regulatory requirements and internal risk strategy while further strengthening governance frameworks, methodologies, and risk controlling practices.

As the lead of the team, you will guide and develop team members and play a key role in assessing, controlling, and reporting N26’s risks. You will collaborate closely with cross-functional stakeholders and act as a key counterpart for auditors and regulators.

In this role, you will:

• Lead and develop the Risk Governance & Capital Planning team, providing guidance, mentorship, and expertise across ICAAP (Pillar 1) and ILAAP topics
• Own and further enhance capital planning processes and Pillar 1 ICAAP governance, including stress testing frameworks and scenario design
• Own and further develop the ILAAP framework, including liquidity risk methodologies, stress testing, and key liquidity risk metrics
• Oversee key risk governance components, including RWA calculation, risk appetite framework, risk policies, limit setting and monitoring, and internal controls
• Own and further develop the risk inventory and recovery plan (Sanierungsplan), ensuring consistency across capital and liquidity perspectives
• Drive the continuous improvement of risk reporting across ICAAP and ILAAP, delivering high‑quality, data‑driven insights for senior management
• Ensure strong data governance and data quality in line with BCBS 239 principles for key inputs used for capital and liquidity risk assessments (e.g. balance sheet, RWA, liquidity metrics).
• Ensure adherence to regulatory requirements (e.g., MaRisk, CRR, ICAAP and ILAAP guidelines, EBA regulatory expectations), act as key contact for auditors and regulators, and collaborate closely with cross‑functional stakeholders (e.g., Finance, Treasury, Risk)
• Leverage a passion for and a track record of using state‑of‑the‑art technology to simplify processes, automate risk controlling workflows, and increase overall operational efficiency.

What you need to be successful:

Background:

• Master’s degree in business/economics, finance, mathematics, or a related field
• 7+ years of experience in risk management, risk controlling, capital planning, liquidity risk, or a related function within a regulated financial institution or leading consultancy
• Strong experience across ICAAP, capital planning, and/or ILAAP and liquidity risk management
• Proven experience in leading or mentoring team members and driving complex initiatives

Skills:

• Strong understanding of ICAAP frameworks (Pillar 1 focus), including capital planning, risk inventory, stress testing, and recovery planning
• Strong understanding of ILAAP frameworks and liquidity risk management, including liquidity stress testing, funding risk, and key metrics (e.g. survival horizon, maturity transformation)
• Extensive knowledge of regulatory requirements (e.g., MaRisk, CRR, ICAAP and ILAAP guidelines, EBA regulatory expectations)
• Strong expertise in risk governance frameworks, including risk appetite, policies, internal controls, and decision‑making frameworks
• Experience in designing and enhancing methodologies across capital and liquidity risk (e.g. stress testing, scenario design, capital planning processes)
• Strong understanding of data flows, data quality, and governance of key risk inputs (e.g. balance sheet, RWA, liquidity metrics)
• Strong analytical, conceptual, and stakeholder management skills, with the ability to independently drive topics and communicate complex issues effectively
• Fluent English; German is a strong advantage

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 fit