Internship Model Methodology & Development - LGD & CCF (all genders)
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Internship Model Methodology & Development - LGD & CCF (all genders)
Location: Vienna
Working Hours: Part-time
Occupation Area: Risk management, Others
Company: Erste Group Bank AG
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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 Methodology & Development department serves as the central function responsible for developing and maintaining models used in credit risk analysis — particularly regulatory models such as Pillar 1 IRB, Pillar 2, and IFRS 9. It also defines group-wide standards for model development across Erste Group.
Your Tasks
- Support the LGD & CCF team in developing and maintaining the group-wide credit risk model methodology
- Contribute to data-related topics, such as ensuring adequate data quality and consistency
- Perform ad-hoc analyses and participate in Run-the-Bank activities
- Communicate with local counterparts to ensure consistent application of the methodology across the Group
Your Background
- Ongoing studies at University/University of Applied Sciences with a background in Statistics, Mathematics, Econometrics, or Banking and (Quantitative) Finance
- Experience with statistical programming languages such as Python, SQL, or R, as well as proficiency in MS Office
- Profund knowledge of applied statistics, including multivariate data analysis and regression techniques
- Excellent command of spoken and written English; additional knowledge of German and/or another CEE language is an advantage
Our Offer
- Exciting and challenging part-time internship (19.25h/week) as of January 2026 until December 2026
- Support of your professional and personal development in a dynamic, comprehensive and interesting area
- We guarantee an internship allowance of minimum EUR 2660,50 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.