Internship Model Landscape (all genders)

Erste Group; Wien; Hybrid; EUR 28,000 - 33,000; Part time

Benefits offered by this job

Internship allowance

Flexible hours

Home office option

Job summary

Erste Group Bank AG in Vienna offers a part-time internship in the risk management area focused on model governance. The department handles governance of credit risk models and regulatory reporting tasks, with project leadership in CRM-related activities.

You will assist in steering model landscape tasks, change initiatives, and preparation of regulatory packages, while gaining exposure to policy development and the model lifecycle within CRM. English proficiency is required.

Qualifications

• Currently enrolled at a University/University of Applied Sciences with a business, financial or technical focus.
• Basic knowledge of CR model development and/or Project Management.
• Basic knowledge of Risk Management and other Bank Processes.
• IT basics (MS Office). Understanding SQL, Tableau, VBA can be beneficial.
• Highly proficient in both spoken and written English.

Responsibilities

• Support Model Landscape Steering and Oversight (Model Inventory tool, update of yearly Model Tiering, maintenance of the model change stock-plan, Model Risk Management Report).
• Support model change initiatives (tracking, reporting on progress and status).
• Assist in preparing ECB regulatory packages for model change approvals.
• Contribute to development of the Model Governance policy framework.

Skills

MS Office

SQL

Tableau

VBA

Education

University enrollment

Tools

Model Inventory tool

Job description

• Location: Vienna
• Working hours: Part-time
• Occupational Area: Risk management
• Company: Erste Group Bank AG

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

The department is responsible for the model governance of credit risk models. The key responsibilities include the management and rollout of CRM specific policies and processes, the lead of projects and initiatives in the CRM area, the oversight and regular report of all CRM change the bank activities and the management of tasks and deliveries required by the regulation for the maintenance of Credit Risk Models. The model landscape department provides standards and services along the model lifecycle within CRM and to local entities as stipulated in the respective policies. The department maintain key expertise in the Asset Class and Default & Forbearance Policy and provides support / expertise on group-wide level.

Your Tasks

• Support Model Landscape Steering and Oversight (Model Inventory tool, update of yearly Model Tiering, maintenance of the model change stock-plan, Model Risk Management Report...)
• Support of the model change initiatives (tracking, reporting on the progress and status)
• Support in the preparation of regulatory (ECB) packages for requesting approval of model changes
• Support on the further development of Model Governance policy framework

Your Background

• Currently enrolled at a University/University of Applied Sciences with a business, financial or technical focus
• Basic knowledge of relevant industry best-practices in the area of CR model development and/or Project Management
• Basic knowledge of the Risk Management and other Bank Processes
• IT basics (MS Office). Understanding other tools might be beneficial (SQL, Tableau, VBA etc.)
• Highly proficient in both spoken and written English

Our Offer

• Exciting and challenging part-time internship (19.25h/week) as of January 2026 for 12 months
• Support of your professional and personal development in a dynamic, comprehensive and interesting area
• We guarantee an internship allowance of minimum EUR 2,745.32 gross per month on a full-time basis (except obligatory internships)
• Discover and enjoy the benefits of Erste Group
• We offer our employees the opportunity to divide their hours between working from home and at the office
• 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