Internship Model Validation Scientist

Location : Wien

Working hours : Part-time

Occupational Area :

Legal / Compliance / Audit, Risikomanagement, Sonstige

Company : Erste Group Bank AG

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Financial services

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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 Model Validation unit is responsible for establishing validation methodologies and standards for AI / ML models used across Erste Group, with a specific focus on credit risk (i.e., IRB, IFRS 9, Pillar 2) and operational risk (i.e., AMA).

Its purpose is to critically and independently challenge models used for both regulatory and internal purposes.

Your Tasks

• Gain insight into the activities of the Credit Risk Models & Methods unit, with a focus on quantitative approaches such as credit risk validation, modelling, and ML / AI
• Support the preparation of validation reports for credit risk models and methodologies
• Participate in conducting quantitative and qualitative validation tests, including interpreting the results

Your Background

Our Offer

Contact

Lisa Novotny