Job description Senior Risk Officer – Company Profile RiverBank is a specialised lender dedicated to financing Small and Medium Enterprises with an initial focus on the Benelux and Germany. RiverBank received a full European Banking License from the European Central Bank in March 2017. RiverBank’s mission is to combine the best of the fintech and banking world. As experienced bankers, we commit the bank's balance sheet to grant loans which we analyse using a fundamental credit approach. As a fintech player, we use a network of advisors, banks and accountants to digitally source, process and monitor the loans we originate. As a starting company, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team work. RiverBank offers an entrepreneurial environment within the regulatory banking framework - a place for people to learn, to achieve and grow. Our culture promotes diversity and individual perspectives in an international environment. Department Profile RiverBank applies the "Three Lines of Defence" model. The Risk department, as second line of defence, is in charge of the anticipation, identification, measurement, monitoring, control and reporting of all the risks inherent to the activities of the Bank. It must ensure at all times that such risks are properly managed to remain within the boundaries set by the Board of Directors of the Bank (business strategy and associated risk tolerance) in compliance with applicable legal and regulatory requirements. Primary Responsibilities Implement a comprehensive internal control framework, encompassing both financial risks (credit risk, market risk) and non-financial risks; Identify, measure and report events and risks, and propose mitigating actions if required With respect to credit files, control and sign off upon the compliance of each credit application with applicable policies, procedures, limit frameworks and Credit Committee decisions, Provide on a regular or ad-hoc basis comprehensive overviews of all the risks to which the Bank is exposed, on a point-in-time (actual risks) and forward-looking basis (scenarios and stress tests), Organize the Bank’s proper governance of its Credit Committee, the and Liability committee, the Watchlist and Loan Monitoring Committee To steer the Internal Capital and Liquidity Adequacy Assessment Process (stress testing and reporting); Stay up to date with regulatory change and new developments in risk management, and provide expert advice on these topics; Required qualifications and experience Master’s Degree in Economics, Finance or related disciplines 10 years of experience in a banking environment as credit risk and / or market risk manager
Job description – Senior Risk Officer Company Profile RiverBank is a specialised lender dedicated to financing Small and Medium Enterprises with an initial focus on the Benelux and Germany. RiverBank received a full European Banking License from the European Central Bank in March 2017. RiverBank’s mission is to combine the best of the fintech and banking world. As experienced bankers, we commit the bank's balance sheet to grant loans which we analyse using a fundamental credit approach. As a fintech player, we use a network of advisors, banks and accountants to digitally source, process and monitor the loans we originate. As a starting company, the talent and passion of our people is critical to our success. Together, we share a common set of values rooted in integrity, excellence and strong team work. RiverBank offers an entrepreneurial environment within the regulatory banking framework - a place for people to learn, to achieve and grow. Our culture promotes diversity and individual perspectives in an international environment. Department Profile RiverBank applies the "Three Lines of Defence" model. The Risk department, as second line of defence, is in charge of the anticipation, identification, measurement, monitoring, control and reporting of all the risks inherent to the activities of the Bank. It must ensure at all times that such risks are properly managed to remain within the boundaries set by the Board of Directors of the Bank (business strategy and associated risk tolerance) in compliance with applicable legal and regulatory requirements. Primary Responsibilities Implement a comprehensive internal control framework, encompassing both financial risks (credit risk, market risk) and non-financial risks; Identify, measure and report events and risks, and propose mitigating actions if required With respect to credit files, control and sign off upon the compliance of each credit application with applicable policies, procedures, limit frameworks and Credit Committee decisions, Provide on a regular or ad-hoc basis comprehensive overviews of all the risks to which the Bank is exposed, on a point-in-time (actual risks) and forward-looking basis (scenarios and stress tests), Organize the Bank’s proper governance of its Credit Committee, the and Liability committee, the Watchlist and Loan Monitoring Committee To steer the Internal Capital and Liquidity Adequacy Assessment Process (stress testing and reporting); Stay up to date with regulatory change and new developments in risk management, and provide expert advice on these topics; Required qualifications and experience Master’s Degree in Economics, Finance or related disciplines 10 years of experience in a banking environment as credit risk and / or market risk manager