About Raisin Bank
As part of the Raisin family, Raisin Bank combines the best of both worlds: the experience and security of a bank, with the flexibility and innovation of a start-up. Our team is just as diverse as our partners. If you are looking for a dynamic environment in which you can play to your strengths and develop further, then you have come to the right place!
Founded in 1973, our dynamic and innovative service bank has a full banking licence and brings the decades of experience of an established German credit institution to the table. In processing both loan portfolios and receivables of selected borrowers, it combines performance strength and competent advice with efficient solutions. Since 2019, the bank has been a wholly-owned subsidiary of Raisin and has been operating under the name Raisin Bank AG since August 2019.
Team
Third Party Risk Management safeguards Raisin from the risks associated with external vendors, suppliers, and service providers. As part of the TPRM team, you will be responsible for identifying, assessing, mitigating, and monitoring third party risks to ensure our organisation remains secure, compliant and operationally resilient. TPRM coordinates third party risk assessments and ongoing control and monitoring. TPRM also supports business units with adhering to internal and statutory requirements for outsourcing and ICT third party risk management.
Your Responsibilities
- Coordinate Risk Assessments: Liaise with business owners and control functions to conduct risk assessments for outsourced processes or ICT services, ensuring robust control and supervision.
- Interdepartmental Coordination: Work closely with various departments including risk management, compliance, and legal teams to ensure cohesive third party risk management practices.
- Documentation and Reporting: Maintain accurate and up-to-date outsourcing documentation, including the outsourcing register, information register risk assessments. Ensure timely and precise reporting to relevant authorities and internal stakeholders.
- Crisis Management and Contingency Planning Oversight: Verify that appropriate contingency plans are in place for each critical relationship, ensuring readiness for any unforeseen terminations or changes, including Business Continuity and Disaster Recovery preparedness.
- Performance Monitoring: Establish and track Key Performance Indicators (KPIs) for each outsourcing relationship to ensure service quality and adherence to agreed standards, including but not limited to operational performance, risk management, and/or fulfilment of financial/contractual obligations.
- Change Management: assist and advise business owners and project managers to ensure that changes to outsourcing relationships and services and adding new services (whether necessitated by internal or external drivers) are carried out successfully in accordance with business objectives while avoiding and/or minimising adverse impact.
- Compliance: Ensure that all outsourcing activities, particularly those involving IT services, are in strict compliance with relevant regulations. This includes understanding the IT-specific requirements and risks associated with ICT services and ensuring these are effectively managed.
- IT Compliance and Technology Understanding: Maintain a strong understanding of IT infrastructure and systems relevant to the financial sector. Ensure that technological aspects of outsourcing arrangements meet the high standards of security, reliability, and performance as expected in the fintech industry.
Your Profile
- Experience: Proven experience in outsourcing management, third party risk management, vendor management or procurement within the banking or financial services sector.
- Technical Skills: Understanding of MaRisk AT 9, EBA Outsourcing Guidelines, DORA regulations and/or FCA requirements on outsourcing. Competence in risk assessment and management specific to outsourcing.
- IT compliance: Solid grasp of how ICT services are used and regulated in a financial services context. Familiarity with the technological aspects of outsourcing arrangements is essential.
- Language Proficiency: Fluency in English is required. Fluency in German is an asset.
- Strong analytical and problem-solving skills.
- Strong communication and interpersonal skills, capable of engaging effectively with various stakeholders.
- Strong attention to detail
- Agile and adaptable to a rapidly changing regulatory environment.
- Proactive in identifying areas for improvement and implementing change.
Join our mission, join our team - and grow with us!
As part of the strong Raisin family, Raisin Bank combines the best of both worlds: The experience and security of a bank with the flexibility and innovation of a Start-up.
Our employees are just as diverse as our partners. If you are looking for a dynamic environment in which you can play to your strengths and develop further, then you have come to the right place! In our agile FinTech environment, you have the opportunity to work in an international team and gain new experience. We provide:
- Employee Development Budget of €2,000 and access to Babbel for continuous learning.
- Exciting cooperation partners and projects in the banking and Start-Up environment.
- A fully cloud-based Banking-as-a-Service Platform.
- Company-wide use of industry-leading tools for analysis, development, communication and collaboration such as AWS Stack, Splunk, GSUITE, Slack, Atlassian Suite (Jira, Confluence, Trello) and many more.
- Dynamic environment, a hands-on mentality and agile ways of working.
- Flexible working hours and 30 days holiday plus Christmas Eve and New Year's Eve off.
- Collegiality and a supportive learning environment.
- Promotion of company pension schemes and capital-forming payments (vermögenswirksame Leistungen).
- We subsidize the Deutschland Ticket with €25 per month.
- Love cycling? With JobRad, lease the bike of your choice and enjoy tax savings, plus Raisin covers your monthly insurance costs
- A diverse team of experts to learn from and to inspire each other.