Internship in Stress Testing & Risk Planning (all genders)

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 Stress Testing & Risk Planning unit is a Group-wide steering function responsible for forward-looking analysis of key credit risk indicators such as risk costs, NPL and RWA. We coordinate Group-wide risk planning and stress testing exercises, including scenario-based assessments of how macroeconomic and geopolitical developments may affect the Group's credit risk profile.

Our work combines quantitative analysis, credit risk expertise and Group-wide risk planning, providing analyses and insights used for management decision-making.

Your Tasks

• Actively support the Group Risk Planning process for key risk indicators such as NPL, risk costs and RWA, including analysis of actual and planned developments.
• Support data analysis, ETL and change-the-bank activities aimed at streamlining Risk Planning processes, including data preparation, validation and automation using Python/R and Databricks.
• Support the assessment of planning and stress testing assumptions and results, including how macroeconomic and geopolitical developments impact credit risk.
• Support team activities related to Group-wide stress testing, scenario analysis, quantitative analyses and model development.

Your Background

• Ongoing studies at University/University of Applied Sciences with a focus in quantitative finance, mathematics, physics, statistics, economics, data science, computer science or a related quantitative field.
• English is necessary and German is an advantage; other languages are welcome.
• Strong analytical and critical-thinking skills, a problem-solving mindset and eagerness to learn.
• Comfortable with Excel, SQL, Python, R, Databricks, SAS and/or similar analytical tools.

Our Offer

• Exciting and challenging part-time internship (19.25h/week) from October 2026 until September 2027.
• Support for your professional and personal development in a dynamic, quantitative and internationally oriented area.
• Discover and enjoy the benefits of Erste Group.
• Salary for your internship: €2,660.50 gross per month based on full-time employment (excluding mandatory FH internships).
• 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.