Here´s a commitment to our employees: When you come in to work, we want you to expect respect. To ask for open communication on eye-level. To enjoy being treated as a valuable person and a skilled professional. Because you are. That´s why we hired you.

Operational Risk Model Validation Specialist f/m, Bratislava

Erste Group Bank AG is the corporate headquarter for a group of leading banks in Central and Eastern Europe (CEE), enjoying continued growth and stability in one of the most interesting and promising regions in Europe. We provide strategic leadership, central business functions and groupwide infrastructure, supported by bright and talented people sharing a common strategy.

The Risk Division (Holding) has set up a Service center (Erste Group Service Center, EGSC) in Bratislava. The EGSC will supplement the existing structure of the Risk Division. The Bratislava service center is supposed to offer services for the Risk Division in Vienna related to the operations quantitative methods and validation, compliance, projects and reporting. As team member of EGSC you will be part of new services model built up in Bratislava. We are looking for flexible personalities who are eager to learn and bring in their competencies and engagement to create with the new colleagues an efficient and excellent working organization. The team runs regulatory validations on all credit risk models of Erste Group and provides opinions on any new model to our internal steering committees. The validation team communicates with the management of the Holding, the Holding Model Committee (incl. local managers) and the European and domestic regulator ECB (European Central Bank), OeNB (Austrian National Bank), EBA (European Banking Assosiation), FMA (Financial Market Authority).

The key focus of the position is

  • provide high analytical capability and knowledge of statistical data processing (SAS and SQL knowledge of advantage)
  • validate operational risk quantification model and capital allocation mechanism
  • analyse statistical data and calculate VaR figures
  • verify the data integrity and the data collection process of the Operational Risk model
  • analyse regulatory topics with respect to or in context with Operational Risk and keep abreast of regulatory developments
  • have a broad understanding of risks associated with the banking processes and systems
YOU:
  • have a completed university studies in a combination of mathematics/informatics and/or economics/econometrics
  • have some experience in Operational Risk Management or Validation
  • have initiative to set-up validation processes/methods in the respective areas
  • show an exceptional affinity for figures, details, precision and a pronounced understanding of complex concepts is an advantage
  • are a service oriented person and a dedicated team player with good communication skills and intercultural awareness
  • are proficient in English language. German and/or CEE language are of advantage
WE:
  • offer a great opportunity to develop and sharpen your validation skills
  • offer to develop your intellect and wide your knowledge by participating with us in the model validation, essential control element according to regulatory authorities and the international accepted “best practice” principles
  • support your professional and personal development
You will be directly employed under Slovak labour conditions and will be integrated in the Holding team.

INTERESTED?
We are looking forward
to receiving your complete
online application.
Apply for a job
ID: 2084592  Dátum zverejnenia: 17.4.2015