Financial Risk Manager

Our mission and customers: We are creating the freedom for SMEs to succeed by delivering Europe's leading finance workspace with banking at its core, augmented by financial tools. We are proud to be rated 4.8 on Trustpilot, based on 55,000+ reviews. Our culture puts customer satisfaction at the core of what we do, as proven by our Net Promoter Score of 75 (more about our culture here). Our journey: Founded in 2017 by Alexandre and Steve, Qonto has grown to 1,600+ Qontoers serving over 600,000+ customers across 8 European countries. We have been profitable since 2023, and we are just getting started. Our beliefs: We hire for skills and potential. With 80+ nationalities, 45% women, of which 56% of women in our leadership team, diversity isn't a program; It's who we are. We've built a discrimination-free hiring process because the best teams are built on merit. AI at Qonto: AI is deeply embedded in how we work (here) - Every Qontoer gets unlimited access to the best AI tools. We want people who experiment without waiting for permission, push AI beyond the obvious, know when to trust it, and when to question it. ------------------------------------------------------------------------------------------------------ Join us as a Financial/Structural Risk Manager to secure Qonto's financial foundations as we transition into a regulated bank. You'll tackle liquidity and interest rate risks, design the policies that frame ALM operations, and build models that directly impact Qonto's P&L. You will work in a pair with an experienced Financial Risk Manager, reporting to Clément, Head of Financial Risk Management. ➡️ What you'll do Identify, measure, and monitor structural risks: Liquidity, interest rate, solvency, and FX risks — ensure Qonto's financial stability across all dimensions. Design and maintain financial risk policies: Write the frameworks that define how the ALM team operates. You set the rules, monitor compliance, and give ALM autonomy within those boundaries. Build risk models and dashboards: Use SQL and Python daily to value complex financial instruments (bonds, swaps), track Key Risk Indicators, and improve modelling infrastructure. Challenge Finance and ALM teams: Ensure their strategies align with Qonto's risk appetite and regulatory constraints. You bring data-backed analysis, not just opinions. Contribute to regulatory exercises: Help structure the department's processes for Qonto's future status as a Credit Institution — ILAAP, ICAAP, and supervisory reporting. ➡️ What we're looking for 5+ years in Structural or Financial Risk Management: You've managed liquidity, interest rate, or market risks in a bank or financial institution. You understand the domain deeply, not theoretically. Technical proficiency in SQL and Python: You manipulate data, use financial libraries, and build models from scratch. You don't depend on others for your analysis. Deep financial instruments knowledge: Bonds, interest rate swaps, and risk metrics (LCR, NSFR, VaR, sensitivities) are your daily vocabulary. FRM certification is a plus. Clear communication on complex topics: You explain financial concepts to non-experts and engage confidently with stakeholders when risk positions need to be defended. Languages: Fluent English. French is a plus. ➡️ What we can offer you Direct P&L impact: Your analysis guides strategic decisions on asset allocation, hedging, and revenue optimisation. This isn't back-office risk reporting — your work moves the numbers. A pivotal moment — becoming a bank: Qonto is structuring its banking operations with expectations of significant growth. You'll build the financial risk framework for a Credit Institution, not maintain an existing one. "Trust but verify" methodology: The Risk team sets policies and monitors compliance; ALM executes with autonomy. You define the boundaries and ensure they hold. A pair-working model: You'll work alongside an experienced Financial Risk Manager, with direct access to Clément. Technical