About the Opportunity Are you ready to take the next step in your career at a leading challenger bank? N26 is looking for a Counterparty Credit Risk Analyst to support the risk management of our evolving Treasury products. You will play a key role in the daily analysis and monitoring of Interest Rate Swaps (IRS) and Securities Financing Transactions (SFT) , applying modern technology and rigorous regulatory standards to ensure our treasury investments remain safe and sound. In this role you will Execute Treasury Frameworks: Manage the day-to-day E2E credit cycle for IRS and SFT, including the operational setup of limits, collateral monitoring, and tracking liquidations. Support Model Maintenance: Assist in the calibration and testing of credit risk models (EAD, LGD, EWS), ensuring they accurately reflect risks for clearing brokers and financial counterparties. Monitor Portfolio Health: Conduct regular reviews of treasury portfolio performance and perform the necessary calculations for IFRS 9/HGB loan loss provisioning. Maintain Process Controls: Operate and update automated monitoring frameworks to ensure all Treasury positions remain within the defined risk appetite. Data Stewardship: Manage the quality and lineage of credit risk data, ensuring accurate data flows between internal systems and external reporting sources. Support Regulatory Adherence: Prepare documentation and data for MaRisk and EBA compliance, supporting the team during internal audits and supervisory inquiries. What you need to be successful Background Professional Experience: 3+ years in Credit Risk Management, specifically focusing on Treasury products like IRS and SFT. Experience in a fast-paced banking environment is a plus. Quantitative Academic Background: BSc/MSc in Mathematics, Quantitative Finance, Statistics, or Engineering. Progress toward a CFA or FRM is highly valued. Market Expertise: Strong understanding of the mechanics and risk drivers behind centrally cleared swa