Senior Market Risk Manager

At Upvest, we are on a mission to make investing as easy as spending money. Upvest empowers businesses to offer a wide range of investment products and the best experience in the field of capital market investment and retirement planning. Upvest’s Investment API is easy to integrate so that fintechs and financial institutions can save resources and fully focus on their core business. We are proud to partner with Europe’s leading Fintechs and financial institutions such as DKB, Revolut, N26 and Raisin. Founded in 2017 by Martin Kassing, Upvest now brings together over 270 talented professionals from more than 70 nationalities. Upvest is backed by €280M in total funding from world-class investors, including BlackRock, Tencent, Sapphire Ventures, and Bessemer Venture Partners, Earlybird, Notion Capital, and Motive. Our latest €105M funding round in March 2026 - led by Sapphire and Tencent - serves as a massive catalyst for our growth, allowing us to offer premier investment experience. ABOUT THE ROLE: * As Senior Liquidity Risk Manager, you will own the design, implementation, and ongoing oversight of Upvest’s liquidity risk framework — a critical function for a BaFin-regulated investment firm operating at scale across Europe. * You will work closely with Treasury, Finance, and senior leadership to ensure Upvest maintains a robust and compliant liquidity position as we expand across Europe. * This is a high-impact, highly visible role at the intersection of regulatory compliance, strategic finance, and operational excellence — you’ll be central to how Upvest manages risk at the next stage of growth. WHAT YOU’LL DO: * Quantitative Analytics: Lead advanced quantitative modeling and analyze complex risk data to provide strategic insights on liquidity, funding, and stress testing (ILAAP). * Risk Governance: Design and implement comprehensive mitigation strategies and robust risk controls across our core business processes. * Projects & Tooling: Own high-impact risk projects, including the architecture and deployment of next-generation risk models and tools—initially for Financial and Non-Financial domains, with a clear path into the broader universe of Risk Management. * Stakeholder Communication: Serve as the primary expert for financial risk inquiries, translating complex quantitative findings for senior leadership, external partners, and regulators (BaFin). * Leadership & Collaboration: Mentor junior team members and drive cross-departmental initiatives (IT GRC, Outsourcing, Finance, Compliance, Operations) to scale our risk infrastructure. WHAT YOU BRING: * Experience: 5+ years in risk management or treasury within a regulated bank or financial institution. * Regulatory Expertise: Strong understanding of European/BaFin regulatory frameworks (CRR, LCR, NSFR, ILAAP, MaRisk). * Technical & Modeling Skills: Hands-on experience building or operating quantitative risk models and cash flow forecasting tools (SQL/Python skills are a plus). * Project & Cross-Functional Power: Proven track record of driving complex projects across domains like IT GRC, Outsourcing, or Compliance. * Leadership & Communication: Exceptional ability to mentor junior colleagues and articulate complex financial risks clearly to C-level executives and external partners. * Languages: Fluency in English; German language skills are a strong advantage. IT’S GREAT IF YOU HAVE: * Experience bridging the gap between Financial and Non-Financial/Operational Risk frameworks. * Prior experience in a high-growth fintech scale-up environment. HOW WE UPVEST IN YOU: * Best-in-class AI tools: Every Upvenger has €20,000 per year to spend on the best AI tools available — so you're always working with the most powerful models and tooling on the market. * Impact-driven work: We’re building the infrastructure that will power the future of investing in Europe. It’s complex, ambitious, and meaningful. You’ll work with modern technologies and create something entirely new. No legacy systems, no limits. * Wellbeing: Recharge with 30 days of annual leave and maintain a healthy lifestyle with sports benefits. Access confidential professional coaching and enjoy the flexibility to work remotely abroad for up to 183 days a year. Recharge with UpRest, a one-month fully paid sabbatical after every 4 years of working at Upvest. * Development: Growth is in our DNA. Each Upvenger has access to a personal development budget and the freedom to decide how to use it. * Flexible work environment: Work from any of our hubs in Berlin, London or Tallinn hybrid or remotely across Europe, depending on the role. We give you the choice and budget to work where you’re most comfortable and productive, either at home or in the office. You choose. * Compensation and equity: We believe that all Upvengers contribute to our success and deserve a competitive, above-market salary and a participation in our employee equity program. * Team celebrations: Participate in company-wide events, such as UpFest, dinners, offsites and our Holiday party, to connect with colleagues and celebrate our achievements. * Inclusion: We’re committed to a culture where everyone belongs and thrives. Our Employee Resources Groups foster inclusion and connection, like Upfem for our female Upvengers, or UpVergent supporting neurodivergent Upvengers and allies. OUR VALUES: * Make it easy for others. We simplify the complex and act with the best intentions * Own the outcome. We are proactive, fast and confident to get the job done, valuing progress over perfection. * Rise to the challenge. We aim high and push the boundaries. We stay curious, learn and celebrate our wins together. * Tell the story. We start with the Why to align on purpose. We are transparent and share knowledge to empower and inspire others. Upvest is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

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 euro market. Raisin currently employs more than 800 people from over 75 countries worldwide. Today, the platform holds over 80 billion euros in assets from more than one million investors which have accrued over 5 billion euros in returns. Team The Risk Controlling team shapes Raisin Group’s resilience by establishing and maintaining the group-wide risk management framework in line with regulatory standards such as Basel. The team defines risk policies and controls and is responsible for identifying and assessing material risks across the group, including operational, credit, market, and liquidity risk, using methods such as risk assessments, stress testing, and scenario analysis. In addition, Risk Controlling continuously monitors the group’s risk profile through risk metrics, key risk indicators, and early warning signals. The team prepares risk reporting for senior management and regulatory authorities and supports capital and liquidity adequacy assessments in line with regulatory requirements, ensuring the business model is backed by appropriate risk-bearing capacity and liquidity strength. Your Responsibilities The Operational Risk Manager identifies, assesses, monitors, and reports operational risks in line with internal frameworks and regulatory requirements, including MaRisk and Basel III, as part of the second line of defense. Key responsibilities: * Perform operational risk identification and assessment, including RCSA, scenario analysis, and loss database management * Proactively follow up on operational risk events and conduct lessons-learned analyses with business units * Provide independent operational risk input to projects and New Product Approval Processes * Monitor risk indicators and oversee incident and loss reporting * Maintain and enhance the Operational Risk Management Framework in line with MaRisk and Basel III * Prepare operational risk reports for senior management and governance committees * Support development of risk appetite and control enhancements Your Profile You bring strong analytical capability, sound judgment, and a structured approach to operational risk management in a regulated banking environment. Key requirements: * Degree in Business Administration, Finance, Risk Management, Economics, or a related field * 3–5 years of experience in operational risk management, internal audit, or risk consulting within banking or financial services * Hands-on experience with RCSA, incident management, and risk indicators * Solid knowledge of regulatory requirements, including MaRisk and Basel III * Experience with risk management systems and tools, including loss database and RCSA tracking * Ability to balance operational execution with an enterprise-wide risk perspective * Strong communication skills to work across functions and present risk topics to senior management * Proactive, independent working style with strong ownership and attention to detail * Professional certifications are a plus Join our mission, join our team – and grow with us! At Raisin, we care about each other and it is one of our top priorities to foster 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 Budget of €2,000 and four full training days per year. * Flexible working hours, home office and 30 vacation days. * A company pension scheme (Betriebliche Altersvorsorge), which we support with 20%. * Enjoy more than 50+ different sports with Urban Sports Club: We subsidize your membership with more than €20 per month.  * Do you miss being in the office? The Deutschland Ticket gets you there, which we subsidize with €25 per month. * Love cycling? With JobRad, lease the bike of your choice and enjoy tax savings, plus Raisin covers your monthly insurance costs. * Hungry all the time? Snacks, daily fresh fruit as well as drinks provided at the office. * You are moving from another country or city to join us? We may 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.