(Senior) Credit Risk Manager (m/f/d)

Raisin is the world's leading platform for savings and investment products. Founded in 2012, the FinTech connects consumers with banks in the EU, the UK and the US. This gives consumers better interest rates and banks a diversified form of refinancing. Our vision is to offer savings and investments without barriers and thus open up the global +150 trillion euro market. 

Raisin works with over 300 banks. Today, the platform holds over 75 billion euros in assets from around one million customers which have accrued over 5 billion euros in interest with their investments.

Team

The Raisin Group Credit Risk Management team is part of the second line of defense and is responsible for the oversight of credit risks across Raisin’s commercial, treasury, and financial counterparties. While Raisin does not engage in traditional lending, we are exposed to credit risk through receivables, guarantees, investments, and other contractual obligations.

Our team ensures these risks are consistently identified, assessed, monitored, and reported in line with Raisin’s risk appetite and strategic goals. We work closely with Finance, Treasury, Legal, Controlling, and Business Units to maintain a consistent and effective risk framework. We value a collaborative, data-driven approach and foster an inclusive environment that supports continuous learning and diverse perspectives.

Your Responsibilities

The Credit Risk Manager is responsible for the assessment, monitoring, and reporting of credit risk exposures at both transaction and portfolio levels. This includes independent analysis of counterparties, sector and portfolio trends, and support for credit risk quantification within the ICAAP and loan loss provisioning framework. The role contributes to effective risk-based steering and ensures regulatory and policy compliance in line with the institution’s credit risk appetite.

Key Responsibilities

• Perform credit risk analysis of counterparties and transactions (corporates, financial institutions, sovereigns) including review of financials, business models, and transaction structures
• Monitor credit risk developments and portfolio exposures on an ongoing basis, ensuring early identification of deteriorating risk profiles
• Prepare and maintain regular and ad-hoc credit risk reports and dashboards for senior management, committees, and regulators
• Contribute to loan loss provisioning (IFRS 9 / expected credit loss) processes through risk input, staging assessments, and qualitative overlays
• Analyze portfolio concentrations and sector developments, providing management with early warning indicators and mitigation recommendations
• Collaborate with front office, finance, risk controlling
• Monitor compliance with internal risk limits and external requirements (e.g., CRR, MaRisk, Basel III/IV)
• Participate in projects related to data quality improvement, system enhancements, and model validation

Your Profile

This role requires a strong combination of transactional credit expertise, quantitative thinking, and sound risk judgment.

Key Requirements

• University degree in Finance, Economics, Business Administration, or a related discipline
• 2–5 years of experience in credit risk analysis, risk controlling, or credit structuring in a banking or financial services context
• Proven ability to assess transactional credit risk and understand business models, financial covenants, collateral, and legal documentation
• Familiarity with loan loss provisioning processes and IFRS 9 concepts (e.g., staging, expected credit losses)
• Experience in monitoring credit exposures and early warning systems
• Knowledge of regulatory frameworks (CRR, Basel III/IV, MaRisk) and credit risk concepts (PD, LGD, EAD)
• Strong Excel, data handling and analytical skills;
• Strong communication skills and ability to summarize risk issues for senior stakeholders
• Detail-oriented, proactive, and able to manage multiple tasks under tight deadlines
• Certifications such as FRM, CFA, or similar are a plus

Join our mission, join our team – and growth with us!

At Raisin, we care about each other and it is one of our top priorities to foster an open and caring environment in which everyone feels welcome and comfortable. Our culture is strongly driven by our ambitious team, which connects more than 75 different nationalities.

As part of our team, you will benefit from:

• Employee Development Budget of €2,000 and four full training days per year.
• Flexible working hours, home office and 30 vacation days.
• A company pension scheme (Betriebliche Altersvorsorge), which we support with 20%.
• Enjoy more than 50+ different sports with Urban Sports Club: We subsidize your membership with more than €20 per month. 
• Do you miss being in the office? The Deutschland Ticket gets you there, which we subsidize with €25 per month.
• Love cycling? With JobRad, lease the bike of your choice and enjoy tax savings, plus Raisin covers your monthly insurance costs.
• Hungry all the time? Snacks, daily fresh fruit as well as drinks provided at the office.
• You are moving from another country or city to join us? We may support your relocation.

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We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.