FRANKFURT, Nov 15 (Reuters) - The new president of Germany’s financial watchdog BaFin said the greatest risks for the financial sector revolve around interest rates. The continuation of low rates hurt bank profitability, BaFin President Mark Branson told a banking conference on Monday. “If rates rise abruptly, it will be turbulent,” he said. Reporting by Tom Sims and Frank Siebelt Editing by Riham Alkousaa