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 €160 trillion market.
Raisin currently employs more than 800 people from over 75 countries worldwide. Today, the platform holds over €80 billion in assets from more than one million investors, who have accrued over €5 billion in returns.
Team
The Raisin Group Credit Risk Management team is part of the second line of defense and is responsible for overseeing 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
As our Credit Risk Manager, you will take full ownership of our credit risk framework, operating as a hands-on builder and independent risk partner. This role requires the resilience to navigate complex stakeholder dynamics, the technical agility to modernize our reporting infrastructure using Looker and Mambu, and the expertise to tackle operational backlogs while ensuring robust risk steering across our diverse portfolio.
Key Responsibilities:
- Credit Analysis: Perform independent credit risk analysis of counterparties and transactions, including corporates, financial institutions, and sovereigns, evaluating financials, business models, and structures.
- Infrastructure & Data Ownership: Architect and maintain your own reporting infrastructure using Looker, Mambu, and Google Sheets, ensuring high data quality across all risk processes.
- Strategic Risk Steering: Drive data-driven decision-making by creating insightful risk dashboards and reports that directly influence senior management’s strategic steering.
- Proactive Portfolio Monitoring: Maintain strict oversight of credit developments, identifying sector concentrations and deteriorating risk profiles to facilitate proactive risk mitigation.
- Provisioning & Forecasting: Manage loan loss provisioning processes in accordance with IFRS 9 and ECL frameworks, including staging assessments and qualitative overlays.
- Regulatory Compliance: Ensure strict adherence to internal risk limits and external regulatory requirements, including CRR, MaRisk, and Basel III/IV.
- Project Management: Lead or participate in initiatives to improve data quality, enhance systems, and validate models, driving the modernization of our risk infrastructure.
- Cross-Functional Partnership: Act as a partner to the Front Office, Finance, and Risk Controlling teams, providing expert guidance on credit risk topics while balancing business growth objectives with robust risk management frameworks.
Your Profile
We are seeking an experienced Credit Risk professional who operates with a high degree of autonomy, bringing both the technical capability to build processes from scratch and the resilience to navigate complex stakeholder landscapes. The ideal candidate combines deep analytical expertise with the strategic mindset to challenge assumptions and safeguard Raisin Bank’s risk appetite.
Key Requirements:
- Professional Background: Hold a university degree in Finance, Economics, Business Administration, or a related discipline. Professional certifications such as the FRM or CFA designation are an added advantage.
- Experience: Bring 5+ years of experience in credit risk analysis, risk controlling, or credit structuring within banking or financial services.
- Analytical Competence: Demonstrate a proven ability to assess transactional credit risk, including business models, financial covenants, collateral, and legal documentation.
- Regulatory Knowledge: Have a strong working knowledge of IFRS 9 concepts, including staging and ECL, as well as European regulatory frameworks such as CRR, Basel III/IV, and MaRisk.
- Operational Resilience: Demonstrate high personal resilience and comfort navigating a fast-paced, evolving fintech environment. Possess the strength of character required to navigate significant stakeholder pressure and thrive on “change the bank” projects.
- Proactive Mindset: Maintain a highly self-directed approach to identifying deteriorating risk profiles and portfolio concentrations, with the capability to take full ownership of the scope with minimal guidance.
- Technical Proficiency: Be skilled at managing risk data using Looker, Mambu, and Google Sheets. Programming skills in Python or SQL and experience with BI tools such as Tableau or Power BI are definite assets.
- Communication & Influence: Demonstrate the ability to navigate complex stakeholder dynamics, hold firm on risk decisions under pressure, and effectively bridge the gap between the first and second lines of defense.
- Language: English is your primary working language. German language proficiency is not required.
Join Our Mission, Join Our Team – and Grow With Us!
At Raisin, we care about each other, and one of our top priorities is fostering 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: An annual development budget of €2,000 and four full training days per year.
- Work-Life Balance: Flexible working hours, home office options, and 30 vacation days.
- Company Pension: A company pension scheme (Betriebliche Altersvorsorge), which we support with a 20% contribution.
- Sports & Fitness: Access to more than 50 different sports through Urban Sports Club, with a membership subsidy of more than €20 per month.
- Public Transportation: A Deutschland Ticket subsidy of €25 per month to make commuting to the office easier.
- Cycling Benefits: With JobRad, lease the bike of your choice and enjoy tax savings, while Raisin covers your monthly insurance costs.
- Office Perks: Enjoy snacks, fresh fruit every day, and drinks provided at the office.
- Relocation Support: Moving from another country or city to join us? We may be able to support your relocation.
Raisin Applicant Privacy Policy
We value diversity and the unique experiences each individual brings. If you’re excited about this role but don’t meet every requirement, we still encourage you to apply.
We are an equal opportunity employer and are committed to creating an inclusive environment for everyone, regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, or gender identity.
