Co-Head of Credit Risk Management (Retail) (m/f/d)

At flatexDEGIRO, the Co-Head of Credit Risk Management (Retail) is responsible for the oversight, management, and continuous development of retail credit risk processes, with a particular focus on making the area future-proof through transformation, automation, and scalable operating models. The role covers credit monitoring, collateral management, margin processes, and risk mitigation across the retail portfolio and trading system, while contributing to the strategy, governance, and overall performance of the Credit Risk Management department together with the complementary Co-Head (Wholesale) and other stakeholders.

Who we are

flatexDEGIRO SE operates one of Europe’s leading and fastest-growing online brokerage platforms. Based on modern, in-house state-of-the-art technology, customers of the flatex and DEGIRO brands are offered a wide range of independent products with execution on top TIER 1 exchanges. The technological edge, high efficiency, and strong economies of scale enable the company to continuously improve its service offering for clients and to set leading standards in terms of product, price, and platform quality.

What tasks can you expect with us?

• Lead the area by setting clear direction, driving execution, and developing the Credit Risk Management teams in a high-performance, collaborative, and innovative environment.
• Oversee retail credit monitoring processes, including margining, collateral sufficiency, client deficits, and risk mitigation measures.
• Ensure effective collateral management, including margin calls, client communication, and position closing where required.
• Further develop and implement retail credit risk mitigation strategies, including margin and haircut methodologies.
• Monitor collateral quality and adherence to collateral agreements and ensure timely escalation or execution where necessary.
• Drive the future-proofing of the retail credit risk area through process transformation, automation, scalable solutions, regulatory initiatives, and risk-related projects.
• Motivate and develop the team by fostering a growth mindset, continuous learning, and a strong culture of ownership, improvement, and cross-functional collaboration.

What do we want from you?

• Master’s degree or PhD in Finance, Economics, Mathematics, or a related field
• Extensive professional experience in banking credit risk management, with a strong focus on retail credit risk, collateral management, and margin processes.
• Strong understanding of retail credit risk, financial markets, brokerage, collateral arrangements, and securities-backed lending or margin-related processes.
• Excellent English communication and reporting skills
• Proven leadership and team management capabilities, with the ability to motivate, develop, and grow teams through change while combining strategic leadership with hands-on execution.
• Strong track record in driving transformation, automation, and scalable operating models in a risk or financial services environment.
• Strong stakeholder communication and presentation skills
• Strategic thinker with the ability to align risk management with business objectives

Interested? This is what we offer you

• Promise of a good work-life balance
• 30 days paid leave
• An enthusiastic and fun team to work with
• Personal and professional development with access to relevant courses
• Transport allowance or related benefits like a leased electric bike
• Pension plan
• A challenging job in an international and fast-growing company
• A competitive salary
• A lot of freedom executing your role and a chance to shape your own career
• The opportunity to participate in a new, enthusiastic team of likeminded professionals

To make your life easier

You get the freedom to work flexible, meaning you don’t have to work in our office every day, though it’s fun to come in and mingle with your colleagues. There is also fruit, good coffee, drinks and snacks, and great sandwiches for lunch every day. Our beautiful and modern office is located in the iconic Rembrandt Tower, conveniently next to Amstel Station. To make working from home comfortable, we offer a €35 internet allowance, provide a company laptop, and offer home office equipment options such as a chair, screen, and headphones. Gym membership options are also available.