Credit Risk Senior Associate - Retail Mortgage Jobs

N26

Location:
Germany, Berlin

Category:
Banking

Contract Type:
Not provided

Salary:

Not provided

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Job Description:

N26 is looking for a Credit Risk Senior Associate to join N26's Retail Mortgage team. The core purpose is to design, implement, and manage robust data analytics and second-line process controls for the mortgage portfolio. The role emphasizes deep methodological expertise, strong SQL and Python skills, and a proactive curiosity for broader mortgage business aspects, including macroeconomic analysis of collateral and digital process controls. The Senior Associate will ensure rigorous regulatory compliance (Dutch, EU, German, especially MaRisk) and contribute to scaling the credit risk function through data-driven insights and control effectiveness.

Job Responsibility:

Contribute significantly to the further development of N26's mortgage credit risk function
Play a key role in the continuous enhancement of N26's global mortgage governance framework, policies, and procedures
Support the further development and seamless implementation of end-to-end mortgage credit processes and criteria
Design, implement, and operate robust second-line control frameworks and tools for mortgage processes and the portfolio
Develop and maintain a resilient and accurate mortgage credit risk database
Conduct in-depth data analysis and support further development of quantitative models (PD, LGD)
Proactively run comprehensive risk analyses, including assessing the impact of macroeconomic factors on collateral values
Partner with Mortgage Business, Group Treasury, Capital Markets, Corporate Finance, Risk Controlling, Accounting, Regulatory Reporting, and Tech departments

Requirements:

Bachelor's degree in finance, economics, mathematics, computer science, or a comparable quantitative field
3+ years of experience in credit risk management, particularly with a focus on retail mortgage products, data analytics, process controls, or credit risk methodology development
Good understanding of key risk indicators across obligor, collateral, and portfolio levels within the mortgage domain
Solid understanding of processes across the entire mortgage value chain
Solid regulatory knowledge of Dutch (e.g., THRK), European (e.g., EBA GL LOM), and German (MaRisk, KWG) regulations
Proven experience in building, implementing, and running credit process controls and oversight frameworks
Strong proficiency in SQL
Fluent English

Nice to have:

An additional qualification (e.g., Master's degree in a relevant field, passed CFA or FRM exams)
Previous experience in a FinTech environment
Experience with other programming languages like Python for quantitative analysis and model development
Experience with data governance and data quality management processes
German and/or Dutch language skills

What we offer:

Competitive personal development budget
Work from home budget
Discounts to fitness & wellness memberships, language apps and public transportation
Premium subscription on your personal N26 bank account
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
A relocation package with visa support for those who need it

Additional Information:

Job Posted:
December 10, 2025

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Credit Risk Senior Associate - Retail Mortgage

N26

Location:Germany, Berlin

Category:Banking

Contract Type:Not provided