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Senior Associate Risk Controller (f/m/d) – Integrated Risk Controlling

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Siemens

16d ago

  • Job
    Full-time
    Mid Level
  • Consulting
    Banking & Finance
  • Munich

AI generated summary

  • You need 3+ years in banking, auditing, or consulting, a Master's in a quantitative field, strong skills in risk modeling and data analysis tools, and effective communication in German and English.
  • You will measure and analyze risk, manage operational risks, drive the New Product Approval Process, present reports to management, and develop risk strategies while promoting a strong risk culture.

Requirements

  • Minimum 3 years of professional experience in banking, auditing or consulting
  • Master's degree in a quantitative subject area (Finance, Economics, Mathematics or similar field)
  • Highly proficient in quantitative analysis and financial risk modeling
  • Experience with data analysis tools (e.g., PowerBI, SQL) for risk analyses and reporting
  • Knowledge of governance, frameworks and tools for integrated risk controlling
  • Experience in operational risk management methodologies (e.g., Self Assessment, Risk Indicators, loss data collection)
  • Experience with regulatory reporting and interactions with supervisory authorities and knowledge of ESG risks and their integration into risk frameworks is helpful
  • Effective communication skills to clearly present complex risk concepts clearly to diverse collaborators
  • Intercultural experience during a several-month stay abroad is welcome
  • Strong analytical mentality with excellent planning, organizational, and problem-solving abilities and a growth mindset
  • Business proficiency in German and English

Responsibilities

  • Taking ownership of independent risk reporting and advancing the internal capital adequacy assessment process at Siemens Bank GmbH.
  • Measuring and analyzing the bank’s risk profile, conducting evaluations, and maintaining the risk inventory.
  • Leading operational risk management efforts, including identifying, assessing, and mitigating risks across the organization.
  • Driving the New Product Approval Process by ensuring thorough risk assessments before launching new offerings.
  • Championing a strong risk culture by promoting awareness and embedding effective risk management practices.
  • Developing and implementing risk strategies, management frameworks, and policies in alignment with business goals and regulatory standards.
  • Presenting regular risk reports and in-depth risk analyses to the Management Board and Risk Committee.
  • Delivering internal training programs on evolving regulatory requirements and industry best practices.

FAQs

What is the location of the Senior Associate Risk Controller position?

The position is located in Munich.

What kind of experience is required for this role?

A minimum of 3 years of professional experience in banking, auditing, or consulting is required.

What educational background is preferred for this position?

A Master's degree in a quantitative subject area such as Finance, Economics, Mathematics, or a similar field is preferred.

Are there any specific technical skills required for this role?

Yes, expertise in quantitative analysis and financial risk modeling, as well as experience with data analysis tools (e.g., PowerBI, SQL) for risk analyses and reporting, is required.

Is knowledge of regulatory reporting and ESG risks helpful for this position?

Yes, experience with regulatory reporting, interactions with supervisory authorities, and knowledge of ESG risks and their integration into risk frameworks is helpful.

What type of risk management efforts will the Senior Associate Risk Controller be leading?

The role involves leading operational risk management efforts, including identifying, assessing, and mitigating risks across the organization.

Is there potential for internal training within this position?

Yes, the role includes delivering internal training programs on evolving regulatory requirements and industry best practices.

What language proficiency is required for this position?

Business proficiency in both German and English is required.

Are there any employee benefits associated with this role?

Yes, the role offers an attractive remuneration package, Siemens pension benefits, access to employee share plans, 30 days of paid vacation, and flexible work schedules.

Does the company support applicants with disabilities?

Yes, as an equal-opportunity employer, we are happy to consider applications from individuals with disabilities.

Technology to transform the everyday.

Technology
Industry
10,001+
Employees
1847
Founded Year

Mission & Purpose

Siemens is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power. In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide.