- 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 unit Audit Risk Models is responsible for performing audits in Erste Group Bank AG, its subsidiaries and Austrian legal entities part of the Erste Group with major focus on auditing credit, market and operational risk models, related processes as well as the adherence to specific laws and regulations. A second responsibility is the coordination of audit activities within Erste Group for the audit area of responsibility.
- Your Tasks
- Perform reviews and assessments of the bank's credit risk models and methodologies (e.g. PD, LGD and CCF, internal and regulatory) and their validation as part of the Group audit team in Austria as well as in cooperation with colleagues in our subsidiaries
- Review the consideration of risk model results for pillar I (capital requirement) and in internal risk management processes and pillar II calculation (ICAAP)
- Accompany the regulatory model examination and approval process
- Support our audit units in CEE countries concerning credit risk models audit topics
- During the audit work you will be responsible to
- develop or tailor audit programs based on common audit standards,
- carry out fieldwork,
- prepare Audit Reports and
- drafting and reconciliation of audit findings and recommendations
- Your Background
- Experience in audit, credit risk area of minimum 5 years. Ideally, we expect an audit relevant certification (such as CIA, CFA etc.) or in the process of obtaining certification
- A university degree in Mathematics, Statistics or Physics
- Advanced knowledge in the area of data analytics/data mining, preferably supported by experience in SAS/python/R programming
- Knowledge of banking regulatory framework and specific knowledge of credit risk models relevant regulations
- Willingness to learn and continuously expand your professional knowledge
- Ability to understand things quickly - ability to identify and assess a very diverse set of potential problems and eventually formalize solution proposals
- Ability to document examination results in an objective, transparent and comprehensive manner
- Advanced communication and negotiation skills, constructively contribute to the resolution of conflicts
- Client orientation and the ability to understand client position and needs
- Willingness to travel and participate in audits performed in CEE countries and you hold a driver’s license B
- Strong written and verbal communication skills in English and German - other CEE languages are an asset
- Our Offer
- You have the possibility to carry out the audits with a high degree of autonomy and responsibility
- Join a team that enjoys learning from each other to achieve a common target
- We offer you the possibility for further education and to gain other audit related certifications
- Discover and enjoy the benefits of Erste Group
- The minimum wage for this full-time position in accordance with the collective agreement with complete fulfillment of the functional profile is EUR 40.635,84 gross per year. But this is just a formality - we would be happy to talk about your actual salary in person!
- We offer our employees the opportunity to divide their hours between working from home and at the office.
- 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.
Company
Location
Vienna - Austria
Job type
Full-Time
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