Regulatory and Legislative Specialist (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 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.

Group Prudential Affairs acts as group-wide competence center and advises all Erste Group members (in particular Erste Group Bank AG, Erste Bank der oesterreichischen Sparkassen AG, Austrian Savings Banks) on bank regulatory and legislative matters.
The department supports and coordinates the activities of Erste Group members towards the supervisory authorities. Its responsibilities include managing supervisory procedures such as regulatory inquiries, investigations, on-site inspections, and administrative criminal matters. It also oversees all topics with regulatory implications, ensuring effective steering, coordination, and monitoring of supervisory-related activities across the Group. Additionally, the department offers legal services in banking and securities regulation law, coordinates the Group’s positions on regulatory issues, and communicates these positions to both internal and external stakeholders (European associations, the ECB, European Commission, EBA, ESMA, BMF, FMA, OeNB, WKÖ, etc.). Furthermore, it monitors and tracks the development of new regulatory standards.

Your Tasks

• Coordinate and monitor supervisory related activities within Erste Group
• Act as internal and external contact person for regulatory affairs (e.g. approval processes, inquiries, on-site-inspections, etc.) on national, international and cross-border level and represent the Group towards external stakeholders
• Participate in internal projects with regulatory and legislative matters
• Represent the interests of the Group in different internal and external expert committees
• Support in the field of banking and securities law: interpretation of existing and forthcoming legislation
• Provide professional support concerning the implementation of legal provisions (especially banking and securities law)

Your Background

• A master's degree in (Austrian or International) law or business administration or any other equivalent education
• Minimum three years of professional experience in the field of bank regulatory and legislative matters because of previous working experience in a Supervisory Authority or in the banking and/or securities sector
• Broad knowledge in national and/or international banking and/or securities law (BWG, WAG, CRD, CRR, …) as well as profound knowledge of the legal framework and requirements
• Analytical thinking, organizational and negotiation skills, willingness to take responsibility and initiative, commitment and flexibility
• Fluent in German and English

Our Offer

• A highly interesting job opportunity in the area of regulatory and legislative affairs comprising of diversified tasks and set with an open, motivated and fexible young team
• We support your professional and personal development
• Discover and enjoy the benefits of Erste Group
• The minimum wage for this full-time position in accordance with the collective agreement with complete fulfillment of the functional profile is EUR 49.772,80 gross per year. But this is just a formality - we would be happy to talk about your actual salary in person! 
• 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.