About the opportunity

PTX Risk & Compliance Management team main focus is to promote and facilitate a strong culture of compliance across each 1 LoD organisation through supporting 1 LoD process owners, 2 LoD stakeholders and senior management in audits and projects with a regulatory focus. 

As part of the role, the Product Audit Analyst will support the sustainable implementation of and ensure ongoing alignment with relevant policies and procedures (2 LoD frameworks) and external legal & regulatory requirements. 

Furthermore, the position will require alignment between 1LoD and 2LoD stakeholders, diverse Product & Tech segments, and when necessary, consider the regulators as an important stakeholder in solutions. 

In this role, you will:

The Product Audit Analyst will be responsible for supporting in 4 key areas:

Regulatory Governance

• Share knowledge and best practices with stakeholders of other 1 Line of Defense (LoD) organisation
• Review and comment on Product strategies, policies, procedures, standards, processes & tools/templates developed by the 2 LoD that will be implemented and applied across 1 LoD

Regulatory Compliance

• Support and act as contact for Product, for relevant regulatory topics (e.g. BaFin circulars, market-specific legislation, etc ) and other related activities (eg. NPP, MaRisk) and other relevant 1 LoD/2 LoD stakeholders.
• Perform follow ups until completion and ensure proper documentation of the activities with regards to mitigating measures, action plans, & KPIs.

Project Management

• Coordinate audit, risk and regulatory remediation projects across relevant organisation (1 LoD only).
• Ensure proper documentation and escalation to relevant stakeholders of regulatory events (eg. incidents, audits, investigations).

Audit & Documentation

• Create and maintain sources of truth for regulatory projects, review and challenge relevant information received from product & tech owners, ensuring completeness and accuracy.
• Facilitating communication between product teams and auditors, ensuring accurate and complete evidence is provided.
• Supporting product teams in gathering required audit evidence.
• Managing delivery timelines, delays, and escalations during audits

What you need to be successful:

• Bachelor’s degree in a relevant discipline or equivalent work experience.
• One or two years experience within a regulatory/compliance, big four, control or analysis function within a financial or regulatory institution.
• Knowledge of relevant international legal and regulatory requirements for financial institutions - EBA Guidelines, German Banking Act (KWG), MaRisk, PSD2, MiFID and BAIT.
• Experience in a fintech environment is beneficial.
• Strong interpersonal skill and ability to work cross-functionally across multiple business units and levels, and clearly explain banking concepts to colleagues.
• An entrepreneurial vision, an autonomous attitude, and a ‘get things done’ approach, while demonstrating a quick grasp in conceptual project work and strategic thinking.
• Fluent in English, German, French or Spanish are also helpful.

Work Experience

• 1-2 years of professional experience working in cross-disciplinary functions, such as consulting, audit, for a regulator.
• Professional experience working for or with Big 4/consulting , retail banks, neobanks and fintechs desired.

Education

• A Bachelor’s or Master’s degree in Business Administration, Economics, Law, Public Policy, Finance Law, Information Technology or other relevant areas. Project management certifications are also helpful.

What’s in it for you:

• Accelerate your career growth by joining one of Europe’s most talked about disruptors 🚀.
• Employee benefits that range from a competitive personal development budget, work from home budget, discounts to fitness & wellness memberships, language apps and public transportation. 
• As an N26 employee you will have access to a Premium subscription on your personal N26 bank account. As well as subscriptions for friends and family members.    
• Additional day of annual leave for each year of service.  
• A high degree of autonomy and access to cutting edge technologies - all while working with a friendly team of peers of diverse nationalities, life experiences and family statuses. 
• A relocation package with visa support for those who need it.

Who we are

N26 has reimagined banking for today’s digital world. Technology and design empower everything we do and it’s how we are building the global banking platform the world loves to use.

We've eliminated physical branches, paperwork, and hidden fees for an elegant digital experience and supreme savings. Giving people the power to live and bank their way is what gets us out of bed in the morning and inspires the work that we do. 

We are headquartered in Berlin with offices in multiple cities across Europe, including Vienna and Barcelona, and a 1,500-strong team of more than 80 nationalities.

Sounds good? Apply now for this position.

Equal Opportunities:

We recognize that our strength lies in our people and the varied perspectives they bring to our workforce. We strive to build talented and diverse teams to drive our business success and empower our people to reach their full potential.

We genuinely welcome and encourage applications from people of all backgrounds, cultures, genders, sexual orientations, abilities, neurodiversities, and ages. We're committed to creating an inclusive workspace where everyone feels valued and respected, free from harassment and discrimination. If there's anything you need to make the application process work for you, please let us know by reaching out to [email protected]. 

Visit our website to learn more about Diversity, Equity, & Inclusion at N26.