Internship Model Methodology & Development (all genders)

Erste Bank

Vienna, Austria

Vollzeit

1.7k€+ (jährlich)

Sonstige Bereiche

Oct 16



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Internship Model Methodology & Development (all genders)

Location:

Vienna

Working-Hours:

Part-time

Occupation Area:

Risk management

Company:

Erste Group Bank AG

Erste Group was founded in 1819 as the first Austrian savings bank and today it is one of the largest banking groups in Central and Eastern Europe (CEE). As an attractive employer, Erste Group offers interesting career opportunities in an international environment.

The department Model Methodology & Development is the central function responsible for the development and maintenance of models used in the analysis of credit risk, in particular regulatory Pillar 1 IRB models, Pillar 2 and IFRS 9 models. It is also responsible for the definition of group-wide model development standards.

Your Tasks
  • Contribution to the development and maintenance of credit risk models by applying appropriate statistical techniques
  • Support the data preparation activities for model development, assuring adequate data quality (e.g. in terms of data consistency and completeness)
  • Contribution to the further development of group-wide credit risk model development standards
  • Support the documentation of models for internal and regulatory approval
Your Background
  • Currently enrolled at a University/University of Applied Sciences in natural or economic science with focus on mathematics, statistics, econometrics or banking and finance
  • Profound knowledge in applied statistics (e.g. multivariate data and regression analysis)
  • Excellent command of Microsoft Office as well as experience in a statistical programming language (e.g. Python, R, SQL, SAS)
  • Highly proficient in both spoken and written English
  • Team-oriented with strong ability to cooperate
Our Offer
  • Exciting and challenging part-time internship (19.25h/week) for 12 months as of January 2023 
  • Support of your professional and personal development
  • Internship allowance of minimum EUR 1.700 gross per month (on a full-time basis)
  • Benefits of Erste Group
  • Erste Group considers the diversity of its employees as key to innovation and success. As employer we are proud to offer everyone equal chances, irrespective of age, skin colour, religious belief, gender, sexual orientation or origin.

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