(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 department, with a primary focus on core Risk Governance frameworks—including ICAAP, Risk Inventory, Risk Strategy, and Stress Testing. In addition, you will support overarching Non-Financial Risk (NFR) and Operational Risk Management tasks as part of our integrated risk management approach. The responsibilities listed below reflect our department’s mandate; your specific deployment will be handled flexibly, tailored to your individual expertise, personal strengths, and current team priorities.

Key Responsibilities

• Risk Governance, Strategy & ICAAP:

  • Support the ongoing development and operationalization of the institution's Risk Strategy, Risk Governance frameworks, and ICAAP.

  • Continuously monitor and track the institution’s Risk-Bearing Capacity (RBC), ensure strict adherence to established risk limits, and maintain the overall institutional risk profile.

  • Lead and execute the annual Risk Inventory (Risikoinventur) process to identify, aggregate, and assess all material risk types across the organization.

• Stress Testing & Scenario Analysis:

  • Design, refine, and execute comprehensive Stress Testing frameworks across various risk types to evaluate potential impacts under adverse macroeconomic and idiosyncratic scenarios.

  • Conduct scenario analysis and sensitivity modeling to support capital planning, risk-bearing capacity, and strategic decision-making.

• Integrated Risk Reporting & Stakeholder Management:

  • Prepare regular and ad-hoc risk reports (e.g., quarterly Risk Reports, Risk Strategy updates) for senior management, risk committees, and supervisory authorities.

  • Serve as a key contact and trusted advisor for 1st Line of Defense (1LoD) business units, guiding them on risk governance requirements, risk limits, and corrective action tracking.

• Support for Non-Financial Risk (NFR) & Governance Processes:

  • Support the maintenance of Non-Financial Risk and Operational Risk frameworks, including high-level oversight of incidents, Risk Control Self-Assessments (RCSA), and Key Risk Indicators (KRIs) where relevant to the overall risk profile.

  • Contribute to the governance and risk evaluation within the New Product Process (NPP) lifecycle to ensure aligned risk strategy compliance for new products and business initiatives.

• 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
• Free subscription to the PRIME+ Broker