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Location: Vienna

Company: 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 department Model Methodology & Development is the central function responsible for the development and maintenance of models used in the analysis of credit risk, in particular regulatory Pillar 1 IRB models, Pillar 2, IFRS 9 and business supporting models. It is also responsible for the definition of group-wide standards.

Your Tasks

• Develop, maintain and enhance statistical models with advanced modelling techniques to assess credit risk, including random forests, gradient boosting, and other machine learning methodologies
• Collaborate with cross-functional teams to ensure data accuracy and integrity
• Stay up to date on industry developments, regulatory changes, and best practices
• Present findings and recommendations to all relevant stakeholders

Your Background

• Advanced academic degree in a quantitative subject such as mathematics, statistics, economics, computer science, or related field
• Profound knowledge in applied statistics, machine learning with focus on predictive modelling and computation, knowledge and experience in banking business preferred
• Strong working knowledge of statistical software such as Python (or R) and data manipulation using SQL
• Excellent communication skills in English and ability to work effectively in team environments

Our Offer

• Be an integral part of a successful high-performance team that is working on exciting and challenging tasks in an international environment.
• With your resilient, independent and committed working style you will easily be integrated in our team and value our strong cooperation
• Excellent professional and personal development opportunities.
• Discover and enjoy the benefits of Erste Group.
• We offer a competitive and performance-related remuneration package in the range of EUR 60.000,00 additional payment dependent on your professional and personal qualifications possible.
• 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.