Vice President - Credit Risk Manager (ICAAP) (gn)

Our client is a leading international financial institution with a strong presence in the EMEA region. With a broad platform and a clear growth agenda, the company offers a wide range of career opportunities across corporate finance, investment banking, advisory, and global capital markets. Professionals joining the firm can expect to work on diverse and high-impact projects, gaining valuable experience in a dynamic and globally connected environment.

The role is focused on ensuring a consistent and methodologically sound ICAAP framework in full alignment with MaRisk, ECB and EBA expectations, as well as internal capital planning and risk appetite standards. Responsibilities include supporting credit risk quantification, conducting scenario analysis and stress testing, and integrating credit risk insights into capital management processes. The position also contributes to the interpretation of regulatory developments, the development of ICAAP methodologies, and the preparation of management and regulatory documentation. It involves cross-functional collaboration to embed ICAAP principles across risk, finance, and strategic planning activities.

• Drive the enhancement and oversight of the credit risk components within the ICAAP framework, ensuring methodological robustness and regulatory adherence

• Develop and execute credit risk stress test scenarios that are aligned with macroeconomic projections and internal modeling approaches

• Coordinate closely with Finance, Treasury, and Enterprise Risk functions to ensure integration and coherence across ICAAP, ILAAP, and strategic business planning

• Convert evolving regulatory expectations (e.g., MaRisk, ECB Guide on ICAAP, EBA Guidelines) into internal frameworks and related documentation

• Contribute analytical expertise to support capital planning activities, define risk appetite metrics, and evaluate risk-adjusted performance

• Oversee the incorporation of IFRS 9 credit risk parameters into ICAAP processes and associated stress testing applications

• Support the ongoing development, validation, and oversight of credit risk models (PD, LGD, EAD), ensuring adherence to both regulatory and accounting expectations

• Assess regulatory trends and anticipate their potential impact on the bank’s credit risk profile and capital adequacy

• Contribute to the preparation of ICAAP reports and presentations targeted at senior management, risk committees, and supervisory bodies

• Drive enhancements in data governance, model documentation, and reporting standards to strengthen risk infrastructure

• Minimum of 6 years of professional experience in credit risk, capital management, or regulatory risk within a banking or financial institution

• Degree in Finance, Economics, Risk Management, or another relevant quantitative field

• Full professionell proficiency in English; German is a great advantage

• In-depth expertise in ICAAP, credit risk modeling, and capital adequacy frameworks

• Solid familiarity with MaRisk, ECB SREP expectations, and EBA guidelines

• Practical experience in designing and executing stress testing and scenario analysis

• Highly analytical cal mindset with attention to detail and data integrity

• Skilled in Excel and other credit risk-related tools; knowledge of Python, R or SQL is an asset

• Exceptional communication skills, with the ability to clearly convey complex topics to both technical and non-technical audiences

• Flexible and hybrid working arrangements

• Private health insurance, including life and disability coverage

• Counseling and coaching services to support mental wellbeing

• Comprehensive learning and development programs

• Attractive compensation package

• Inclusive and diverse workplace culture