Internship in Internal Capital Adequacy Assessment Process (all genders)
Apply now »Date: Oct 9, 2026
Location: Wien, Austria
Company: erstegro01P2
Working with us means believing in the future; in the great people who are shaping it together every day and in the wide-ranging career paths it opens up. #believeinyourself
Erste Group was founded in 1819 as the first Austrian savings bank and is today one of the largest stock-listed banking groups in Central Europe. As an attractive employer, Erste Group offers interesting career opportunities in an international environment.
The department ICAAP, within the Enterprise-wide Risk Management (ERM) division, ensures group-wide risk portfolio steering based on a holistic, cross-risk oversight of risks. ICAAP supports the Erste Group’s management with a robust enterprise-wide risk management framework to ensure that the bank group has the capacity to bear its acquired risks. The main focus areas of the unit are the Risk Materiality Assessment (RMA), Risk Bearing Capacity Calculation (RCC), Risk Appetite Statement (RAS), limit steering and defining the risk strategy. In addition, it covers CEE as well as entities in Austria.
Your Tasks
- To support the team in in-depth analysis on selected cross risk issues, key focus: implementation of credit portfolio model in ICAAP
- To conduct necessary analysis (via established tools and tools being under development) on key drivers of risk profile development
- To coordinate the inputs from several entities and make necessary reconciliations
- To actively participate in development of analytical ICAAP tools
- To assist the team in preparing the presentations for the senior and top management as well as the regulators
- To support management in day-to-day business
Your Background
- Ongoing studies at University/University of Applied Sciences with a background in banking, economics, business administration, information technology, mathematics or statistics
- Have basic knowledge about risk management and financial/banking products
- Are willing to learn and have good analytical, administrative and communication skills
- Are interested to work in an international and highly motivated team
- Want to get a deeper understanding of Risk Management
- Are flexible and able to work independently, but also act as a team player
- Possess very good knowledge of Microsoft Office and / or have advanced IT knowledge (SQL, VBA…) incl. knowledge of Databricks (DBX), Python programming, and AI/Generative AI features across modern data and cloud platforms, with the ability to apply these technologies to data analytics, automation, and business use cases
- Are fluent in German and English, knowledge of another CEE Language is an advantage
Our Offer
- Exciting and challenging part-time internship (19.25h/week) as of January 2027 for 12 months
- Support of your professional and personal development in a dynamic, comprehensive and interesting area
- We guarantee an internship allowance of minimum EUR 2,745.32 gross per month on a full-time basis (except obligatory internships)
- Discover and enjoy the benefits of Erste Group
- We offer our employees the opportunity to divide their hours between working from home and at the office
- We consider the diversity of our 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