Credit Risk Senior Associate - Retail Mortgage
N26Berlin, Germany
Posted August 8, 2025
Full Time
About the Company
N26 AG is Europe's leading digital bank, offering mobile banking services with a full German banking license. Leveraging cutting-edge technology, N26 provides a secure, customer-friendly financial experience. Headquartered in Berlin with offices across Europe and a diverse team of 1,500 from over 80 nationalities, N26 has raised nearly US$1.8 billion from renowned investors.
Job Description
N26 is looking for a Credit Risk Senior Associate to join N26's Retail Mortgage team, designing and implementing robust data analytics and second-line process controls for the mortgage portfolio.
Requirements
- Bachelor's degree in finance, economics, mathematics, computer science, or a comparable quantitative field; an additional qualification is a strong plus.
- 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 (e.g., credit decisioning, monitoring, early warning, intensified and problem loan management).
- Solid regulatory knowledge of Dutch, European, and German regulations.
- Proven experience in building, implementing, and running credit process controls and oversight frameworks.
- Strong proficiency in SQL for data extraction, manipulation, and analysis; experience with other programming languages like Python for quantitative analysis and model development is a significant advantage.
- Solid knowledge of credit risk methodology for mortgages, including PD/LGD models, debt-servicing ability, and advanced collateral valuation techniques, with a keen understanding of integrating ESG factors.
- Strong analytical and quantitative skills, with the ability to independently generate actionable insights from complex data.
- Experience with data governance and data quality management processes is a strong plus.
- Fluent English (German and/or Dutch is a strong plus).
Benefits
- Competitive personal development budget
- Work from home budget
- Discounts to fitness & wellness memberships, language apps and public transportation
- Premium subscription on personal N26 bank account, as well as subscriptions for friends and family members
- Additional day of annual leave for each year of service
- Relocation package with visa support
