At EGP we need experts with drive and total commitment, because our customers expect us to deliver efficient solutions via quick processes. And we are on a mission to fulfil their expectations. Therefore our team is responsible, committed and reliable. Does this sound like you? Then we should get together at a job interview.

01960385 / Group Credit Risk Validation, advanced specialist (f/m), in Bratislava

Erste Group Procurement (EGP) is the central procurement function within Erste Group. EGP has been established as the first address for the group's external supply needs and is managing the whole external spend of all majority owned entities within Erste Group. Its mission is to efficiently satisfy demand while at the same time aiming for cost reduction and sustainable savings across the whole group. EGP defines and owns the global procurement processes for all entities within Erste Group.

The Risk Division of Erste Group Bank AG (Holding) has set up a service center (EGSC) in Bratislava. The EGSC supplements 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 of “Group Steering Models and OpRisk Validation” performs regulatory validations of all the Steering / Steering parameters, Data / Process and Operational Risk models of Erste Group and provides opinions on new models to the internal steering committees. The validation team communicates with the senior management of the Holding, the respective commitees and the local managers, as well as the European and domestic regulators - ECB (European Central Bank), OeNB (Austrian National Bank), EBA (European Banking Authority), FMA (Financial Market Authority).

The tasks and responsibilities are:

• Perform the qualitative validation function with regards to model design and internal use test
• Validate internal models used for risk and capital steering proposes
• Develop validation concepts for internal capital adequacy assessment process (ICAAP) models
• Prepare validations for models using IRB parameters (i.e. SRC)
• Verify models for economic capital calculation/allocation, risk bearing capacity and limit steering
• Evaluate stress-testing assumptions and RWA-calculation models

YOU:

• completed an university studies in mathematics, finance, economy or in related field,
• have exceptional affinity for quantitative analysis, details, precision and a pronounced understanding of complex concepts
• have programming experience with SAS, SQL or similar
• have excellent English skills in written and verbal communication - German and/or CEE language of advantage

WE:

• offer an interesting and challenging position in a dynamic environment
• offer a position in an international team
• support your professional and personal development

INTERESTED: We are looking forward to hearing from you!
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