Senior Manager Middle Office

• Independent review and challenge of First Line of Defence (Front Office/Back Office) activities pre and post trade, including completeness of trade documentation, limit approval process, trade booking, P&L attribution, valuation methodologies (IPVs/Fair Value Adjustments), collateral processes and perform Market Conformity Checks (MCC)
• Act as an interface in new product processes and significant process changes, ensuring proper risk integration and control definition from the outset
• Analyse and monitor key risk metrics (e.g., duration, risk exposure, liquidity profiles) and provide regular reporting to senior management and risk committees
• Develop, maintain, and enhance the risk management framework, policies, and procedures related to the Banking Book and Middle Office function (e.g., valuation, collateral management, trade confirmation) working closely with other first and second line functions
• Ensure compliance with internal risk limits, risk appetite statements, and regulatory requirements (e.g., Basel III/IV, IRRBB, Credit Risk Capital requirements)
• Ensure data integrity and data flow from legal books & records to general ledger and risk ledger
• Assess the adequacy and effectiveness of Middle Office controls regarding data integrity, trade lifecycle management, and control breaks
• Drive continuous improvement in risk-related data quality and reporting capabilities
• Act as a key contact for internal and external auditors and regulatory bodies regarding Banking Book risk exposure and the corresponding control environment

• A university degree, ideally with a focus on economics, business administration, banking or a comparable qualification
• 5-7 years of relevant work experience in financial services, ideally within financial risk management, middle office, product control, or a related control/governance function
• Strong product knowledge across various financial instruments (e.g., fixed-income securities, non-trading derivatives, loans) and their valuation
• Proven knowledge of the trade lifecycle, data-flow architectures, and key processes within front-to-back office environments
• Deep understanding of the Banking Book, including knowledge of interest rate risk (IRRBB), credit risk, and liquidity risk
• Experience in credit underwriting, credit processes, credit risk management and related regulatory governance structuring
• Strong proficiency in risk measurement techniques (e.g., VaR, stress testing) and a solid grasp of financial products
• Prior experience in Middle Office functions (e.g., product control, valuations, trade support) is a significant advantage
• Familiarity with regulatory reporting requirements for Banking Book exposures
• Excellent quantitative, analytical, and problem-solving skills, with the ability to communicate complex risk issues clearly and effectively to diverse stakeholders
• Fluent English language skills

German language fluency is a strong advantage

• Home office budget
• Learning & development budget of €1000 per year and a transparent growth framework to support your career goals
• Competitive salary and a variable remuneration program
• Monthly meal allowance
• Deutschland ticket subsidy
• 28 vacation days, increasing by 2 days after 2 years and 3 days after 3 years with Solaris
• Opportunity to work abroad for up to 12 weeks per year