Internship Stress Testing and Risk Planning (all genders)

Working with us means believing in the future; in the great people who are shaping it together every day and in the wide-ranging career paths it opens up. #believeinyourself

Internship Stress Testing and Risk Planning (all genders)

Location: Vienna

Working Hours: Full-time

Occupation Area: Risk management, Others

Company: Erste Group Bank AG

Success through diversity

Good transport connection

Trust-based working hours

Employee benefits

Learning & Development

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 Stress Testing and Risk Planning unit is a Group-wide steering function for forward looking estimations of key risk indicators (risk costs, NPL, RWA, etc.) along with analysis of the actual developments. We coordinate and advise local entities and perform planning of the risk matrices for AT entities. Core activities include detailed analysis of key risk-related topics for senior management - via both stress testing and risk planning function (i.e geopolitical impacts).

Your Tasks

* Actively supporting and enabling a sound planning process for key risk indicators for the Group (such as NPL, risk costs, coverage, etc.)
* Support in critical assessment of interpretation of planning and stress testing assumptions and results, including first hand experience on how macroeconomic movements impact exposure to risks
* Participating in macroeconomic overlay model development and performing back-tests of the results
* Supporting team activities related to the performance of Group wide stress testing

Your Background

* Ongoing studies at University/University of Applied Sciences with a focus in (quantitative) finance, banking, mathematics, physics, statistics or economics
* Excellent verbal and written communication skills in English; German skills are a strong advantage (other CEE languages are welcome)
* Analytical and critical thinking skills, as well as problem solution approach and eagerness to learn
* MS Office knowledge - especially Excel - active use, or willingness to actively learn; programming knowledge (SAS, R, SQL) is an advantage

Our Offer

* Exciting and challenging full-time (38.5h/week for 6 months) or part-time internship (19.25h/week for 12 months) as of January 2025
* Support of your professional and personal development in a dynamic, comprehensive and interesting area
* We guarantee an internship allowance of minimum EUR 2.821,46 gross per month on a full-time basis (except obligatory internships) and benefits of Erste Group
* We consider the diversity of our 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.

Contact

Laura Aichinger
Apply online