Risk Manager, Banxware
+ Share Options Program
2+ days a week in office
Revenue-based loan platform for SMEs
Be an early applicant
Revenue-based loan platform for SMEs
21-100 employees
Be an early applicant
+ Share Options Program
2+ days a week in office
21-100 employees
Company mission
To bring revenue-based financing for merchants and SMBs to company platforms.
Role
Who you are
- Bachelor's or Master's degree in Business, Finance, Economics, or a related field with analytical focus
- Experience in credit risk management, ideally in SME or retail lending would be a plus
- Strong understanding of quantitative and qualitative underwriting, credit risk and portfolio management
- Proven experience in understanding and implementing risk management strategies and policies
- Strong analytical and problem-solving skills
- Willingness to work pragmatically and hands-on
- Fluency in English and good knowledge of German, mainly of financial terminology
- Fintech experience would be a plus
- SQL knowledge is not necessary but definitely a plus
What the job involves
- Work closely together with our team of underwriters and analysts
- Manage our SME loan portfolio and monitor risk levels
- Develop and implement risk management strategies, working both conceptually and hands-on when needed
- Comfortable in driving creditworthiness assessments based on different criteria, including quantitative and qualitative analyses on financial, ratings, scores and firmographic information
- Give insights and support our quantitative and data team to develop new features for our Scoring Models
- Collaborate with our product and business development teams to develop new loan products
- Involved in relations and comms with external stakeholders, including bank partners, data providers and credit bureaus
Our take
Banks would typically fund very few fintechs, but BaaS has allowed revolutionary banking products to offer financial services without the infrastructure of a bank. The development of open banking, a step further past BasS, enacted regulations that would give any business consumer data, to allow fintechs to now provide services and products that previously only banks could own. Most notable of these offerings are embedded financial services.
Banxware is the first company to offer fully digitalised embedded financial services, a type of tech that allows for the efficient integration into any kind of platform to provide businesses with financial services within the business interface. This allows any kind of online platform, including marketplaces and payment providers, to offer bank-like services, covering funding, trading, payments, loan management, and bank account maintenance. This closes the gap that exists between fintechs and digital platforms with established banks by putting the customer first.
Companies like Banxware are essential for banks to be able to modernise and digitalise their services to serve a much wider customer base. Having raised multiple funding rounds and securing a strategic partnership with PAYONE (a market leader of payment services) in 2022 and more recently with Agicap (a liquidity management and financial planning platform), Banxware looks to be continuing the expansion of its service offerings.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Nov 2023
$15.6m
SERIES A
Jan 2022
$10.4m
SEED
Total funding: $30.2m
Company benefits
- Participation in our share options programme
- Our team stands out: here, you will get to work with a team of seasoned industry experts that still strive to learn every day
- By joining us as an early employee, you will have unrivalled autonomy and ownership of engineering at Banxware
- The tools you need to do your job: your choice of laptop, operating system, productivity software and desk set-up
- Potential to grow into a senior role as we continue to extend our team quickly
- Pet-friendly office
- Team events for a strong team feeling
- Flat hierarchies through direct collaboration with our founders
Company values
- Integrity - We stand up for what we believe in. We ensure our reliability, consistency, and highest level of integrity by showing commitment to our performance
- Think big and deliver results - We think big, start small, but learn fast. We take ourselves a step back and remind ourselves of the big picture. We are ambitious and believe in showing and doing
- Ownership - We take accountability for our actions. We take initiative, fulfill responsibilities and take ownership of what we do, beyond expectations
- Respect and kindness - We consider and care about the impact our actions have on others. We are a diverse and inclusive company. Our communications embody truth, respect, and kindness
- Customer obsession - We build our products for the platform customer’s optimal user experience. Our priority is to provide top-quality products and services that make a difference to their lives and businesses
- Winning together - We work together as equals in cross-functional teams, striving to deliver our brand promise to customers on a daily basis. Everything we do is to win together
Company HQ
Government District, Berlin, BE
Articles
Leadership
Fabian Heiß
(Co-Founder & Chief Product Officer)Previously a Board Consultant at PSD Bank, Senior Venture Developer at FinLeap, and Senior Partner and Product Manager at Infitec Solutions.
Jens Roehrborn
(Co-Founder)Held roles as a board member at PPRO Group, Quarters Co-Living, and ORS Group. Mentored at Techstars. Currently a partner at Röhrborn LLP.
Miriam Wohlfarth
(Co-Founder & Co-CEO)Currently a member of the presiding committee at Bitkom, a partner at PBA Experts, and executive board member at the German Startups Association. Also the founder and current managing director of Ratepay.
Nicolas Kipp
(Co-Founder & Managing Director)Held roles as a Senior Consultant at Berg Lund & Co, an external expert at Deutscher Bundestag, and chief risk officer at Ratepay. Currently a board member of payments, banking, and fintech at BITKOM.
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