(Senior) Quantitative Risk Controller, Raisin
Quantitative Risk Controller
Open banking for deposits and savings
Be an early applicant
Open banking for deposits and savings
501-1000 employees
Be an early applicant
501-1000 employees
Company mission
To break down barriers and facilitate a transparent single market for savings and investment products.
Role
Who you are
- A degree in a quantitative discipline or Business Administration with a quantitative focus
- 2–5 years of experience in risk controlling, quantitative analysis, or related roles in banking or financial services
- Proven knowledge of economic capital models, ICAAP methodology (economic perspective), and capital aggregation techniques
- Strong understanding of market risk measurement (e.g., VaR, sensitivities, stress testing) and liquidity risk metrics
- Familiarity with MaRisk, Basel III/IV, and ECB ICAAP guidelines
- Solid experience with Excel/VBA and analytical tools (e.g., Python, R, MATLAB, or SQL)
- Ability to analyze complex data sets and translate results into meaningful risk insights
- Strong documentation and reporting skills to support transparency and auditability
- High level of independence, analytical thinking, and precision
- Effective communicator with the ability to collaborate across departments and present risk topics to senior stakeholders
- Professional certifications such as FRM, CFA, or similar are an advantage
- If you’re excited about this role but don’t meet every requirement, we still encourage you to apply
What the job involves
- As a Quantitative Risk Controller, you will play a central role in the development, implementation, and continuous enhancement of the bank’s economic ICAAP framework, market price risk measurement, and liquidity risk analysis
- You will ensure the internal risk-bearing capacity adequately reflects the bank’s risk profile, supporting strategic steering through robust risk analytics and reporting, which contributes directly to risk transparency, regulatory compliance, and financial resilience
- Develop and maintain models and methodologies for the economic perspective of ICAAP, including internal capital calculations and risk aggregation
- Perform quantification and monitoring of market price risks (especially interest rate risk) using both standard and internal models
- Analyze and report on liquidity risk metrics, including survival horizons, funding concentration, and liquidity stress testing
- Conduct scenario analyses and stress tests for economic capital and liquidity risks, ensuring alignment with MaRisk and EBA/ECB guidelines
- Maintain the risk inventory and contribute to the assessment of material risks in coordination with other risk types
- Support ICAAP reporting to management, regulators, and internal committees, ensuring clarity, accuracy, and compliance
- Collaborate closely with Treasury, Finance, and the business lines to align capital, liquidity, and risk strategies
- Monitor regulatory developments and adapt internal methodologies accordingly
- Contribute to the ongoing refinement of risk measurement tools and data quality improvements
Our take
Raisin is transforming open banking in the deposits and investments sector, leveraging its infrastructure to benefit bankers and savers in the global $50+ trillion deposit market. The company operates several B2C platforms, including Raisin, WeltSparen, Savedo, and ZINSPILOT in Europe and the UK, and SaveBetter in the US.
Raisin collaborates with around 400 banks globally, serving over 550,000 direct consumers. Backed by PayPal, Deutsche Bank, and Goldman Sachs, Raisin plans to expand further. In 2023, Raisin launched its deposits platform in Poland, connecting Polish savers with European banks via its cross-border savings technology. This platform simplifies access to diverse deposit products across Europe, enhancing safety and convenience.
In late 2023, Raisin announced it had reached €50 billion in assets under administration, with significant growth in markets like Germany, the UK, the Netherlands, and the USA, and over €1 billion in net inflows each quarter in 2023.
Freddie
Company Specialist at Welcome to the Jungle
Insights
12% employee growth in 12 months
Company
Funding (last 2 of 11 rounds)
Mar 2023
$69.3m
LATE VC
Jan 2022
$34.7m
CONVERTIBLE
Total funding: $317.7m
Company benefits
- Visa & Relocation Support
- 1,700 EUR Training Budget
- Free Choice of Hardware
- Beginner German Classes
- Food & Drinks
- Flexible working hours, home office and 28 vacation days
- Subsidised Urban Sports Club Membership
- Company Pension Scheme
- Team Events
Company HQ
Wrangelkiez, Berlin, BE
Leadership
Tamas Giorgadse
(Co-Founder & CEO)Previously served as a Partner at McKinsey, and is a Non-Executive Board Member of the Bank of Georgia.
Dr Frank Freund
(Co-Founder & CFO)Previously worked as a Senior Consultant at McKinsey.
Michael Stephan
(Co-Founder& COO)Previously worked as a Consultant at McKinsey.
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