Internship Credit Risk Model Validator (all genders)

Erste Bank

Vienna, Austria


1.7k€+ (jährlich)

Sonstige Bereiche

Oct 31

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Internship Credit Risk Model Validator (all genders)





Occupation Area:

Risk management


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 Model Validation unit is responsible for setting the validation methodology and standards for all Credit Risk Models and Methods across Erste Group. The purpose of the Model Validation unit is to independently challenge and make certain all Credit Risk Models and Methods used by the Erste Group are regulatory compliant and fit for purpose.

Your Tasks
  • Insight into the activities of Credit Risk Models & Methods area with focus on quantitative methods (credit risk validation and modelling)
  • Assisting in the creation of validation reports on Credit Risk Models & Methods
  • Participation in conducting quantitative and qualitative validation tests including their interpretation
Your Background
  • Currently enrolled at a University/University of Applied Sciences with focus on Financial Mathematic, Quantitative Finance, Statistics, Physics, etc.
  • Interest in Credit Risk Management
  • Confidence with programming languages (e.g. SAS, R, Python)
  • High level of commitment and flexibility
  • Enjoy working in a team
  • Good English (working proficient)
Our Offer
  • Exciting and challenging part-time internship for 12 months (19,25h/week) or full-time internship for 6 months (38,5h/week) 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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