(Senior) Risk Manager (m/f/x)

Scalable Capital is a leading digital investment and banking platform with a full banking licence, empowering people across Europe to shape their own finances. Scalable Broker makes it easy and affordable for clients to invest professionally in stocks, ETFs, cryptocurrencies, and derivatives, as well as set up savings plans. Scalable Wealth, the digital wealth management service, offers clients professional investment in ETF portfolios, and is also adopted as a white-label solution by banks and other B2B partners. The company’s offerings are rounded off by attractive interest rates, loans, and private equity. With the European Investor Exchange, Scalable Capital offers an exchange specifically for retail investors. Over one million clients have already entrusted more than €50 billion to the platform.

Founded in 2014, Scalable Capital now employs over 700 people across Munich, Berlin, Vienna, Milan, and London. Together with the founding and management team, including Erik Podzuweit and Florian Prucker, they are working on a new generation of financial services.

Visit our finance blog or check out our Social Media channels to find out what our Expert Teams have to say.

Our Company Values guide us every day in how we work and collaborate. To learn more about them, you can find our values here (English).

This position is embedded within our Risk Control Function department, which comprehensively oversees both overarching Risk Governance and Non-Financial Risk Management. The responsibilities listed below reflect the broad spectrum of our department's mandate – your specific focus and deployment within this role will be handled flexibly, tailored to your individual interests, personal strengths, and current team capacities.

Conduct and continue to develop day-to-day operational risk, incident, and Risk Control Self Assessment (RCSA) frameworks, including reviewing reported incidents for accuracy, maintaining data integrity in the risk register, executing scheduled Control Testing, and performing framework-aligned "Check and Challenge" routines for RCSA submissions

Support comprehensive risk profiling, strategy, and policy development, continuously tracking the institution’s risk-bearing capacity (RBC), ensuring strict adherence to established risk limits, contributing to the annual risk inventory, and maintaining the overall risk profile

Contribute to and monitor advanced risk frameworks, including implementing the Operational Risk Stress Testing framework, executing Scenario Analysis programs to model hypothetical impacts, and tracking early-warning Key Risk Indicators (KRIs) over time

Facilitate and execute the New Product Process (NPP) lifecycle and governance, managing the risk evaluation from the pre-assessment phase through committee sessions, preparing Management Resolutions, and ensuring seamless framework integration for all new initiatives

Act as a contact person for the 1st Line of Defense (1LoD) and drive reporting, supporting them in assessing risks and defining corrective actions, while producing quarterly Risk Reports and monthly Risk Culture Reports for senior stakeholders

You successfully completed a Bachelor’s or Master’s degree in business administration, finance, economics or equivalent

You gained at least 3 years experiences at a bank, asset manager or financial services company in (Operational) Risk Management, Audit or Compliance and you have knowledge of regulatory issues related to operational risks (CRR, MaRisk, DORA, SREP, EBA papers)

You are able to work in a time-sensitive environment and you are able to balance competing priorities

You have a strong ability for risk-oriented analysis and comprehensible presentation of complex issues

You have concise verbal and written communication skills in German and English

Be part of one of the fastest-growing and most visible Fintech startups in Europe, creating innovative services that have a substantial impact on the lives of our customers

The ability to work with an international, diverse, inclusive, and ever-growing team that loves creating the best products for our clients

Enjoy an office in the heart of Munich, located in a lively neighbourhood and close to the English garden

All internships are worth the same with us: we also remunerate mandatory internships

Learn and grow by joining our in-house knowledge sharing sessions

Work productively with the latest hardware and tools

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