Model Methodology & Development Specialist (all genders)
1. Location: Vienna
2. Working hours: Full-time
3. Occupational Area: Risk management
4. Company: Erste Group Bank AG
5. Culinary delights
6. Trust-based working hours
7. Employee benefits
8. Financial services
9. Learning & Development
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
10. Develop, maintain and enhance statistical models with advanced modelling techniques to assess credit risk, including random forests, gradient boosting, and other machine learning methodologies
11. Collaborate with cross-functional teams to ensure data accuracy and integrity
12. Stay up to date on industry developments, regulatory changes, and best practices
13. Present findings and recommendations to all relevant stakeholders
Your Background
14. Advanced academic degree in a quantitative subject such as mathematics, statistics, economics, computer science, or related field
15. Profound knowledge in applied statistics, machine learning with focus on predictive modelling and computation, knowledge and experience in banking business preferred
16. Strong working knowledge of statistical software such as Python (or R) and data manipulation using SQL
17. Excellent communication skills in English and ability to work effectively in team environments
Our Offer
18. Be an integral part of a successful high-performance team that is working on exciting and challenging tasks in an international environment.
19. With your resilient, independent and committed working style you will easily be integrated in our team and value our strong cooperation
20. Excellent professional and personal development opportunities.
21. Discover and enjoy the of Erste Group.
22. 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.
23. 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.