Junior Credit Risk Modeller (m|f|x) Wien

BAWAG Group is the listed holding company of BAWAG P.S.K., which is one of the largest banks in Austria with 2.1 million customers. As a dynamic employer, we promote talent and drive technological innovations quickly. Flat hierarchies, a flexible working environment and equal opportunities for our employees are particularly important to us.

Tasks

• Develop and maintain quantitative models for credit and market risk management, focusing on IFRS9 parameters, Value at Risk (VaR), cashflow and time series models.
• Conduct regular calculations of risk parameters, ensuring accuracy and adherence to established methodologies. Implement robust and reconcilable processes for parameter calculations.
• Ensuring compliance with existing regulatory requirements (IFRS 9, EBA/ECB, CRR/CRD etc.) and participation in external and internal audits of own models.
• Create and maintain efficient and well-documented code for quantitative models and risk parameter calculations. Work with databases and SQL to extract, manipulate, and analyze data necessary for risk modeling.
• Generate reports and analyses derived from quantitative models, providing insights and recommendations to key stakeholders. Ensure timely and accurate delivery of risk-related information.

Profile / Your qualification / Your personality

• University degree in a relevant area (math, statistics, economics with financial focus etc.)
• Interest in handling big data and solving of statistical problems by developing quantitative models
• Any programming language (R, C#, SAS/SQL, Python, etc.) is advantageous
• Excellent communication skills, capable of conveying complex quantitative concepts to non-technical stakeholders. Proven ability to collaborate effectively with cross-functional teams, contributing to a collaborative work environment.

That awaits you

• FlexOffice is our motto! Work in your private environment whenever it is compatible with the job. We support you with high-quality equipment and a financial allowance.
• You spend your office days in our modern, easily accessible office at Vienna Central Station. Here you can also place your little ones in the company's own kindergarten, which is run by the Wiener Kinderfreunde.
• We support your personal development and career planning with an individual, attractive training program. Visit our BAWAG Academy and use our eLearning-Plattform GoodHabitz for your professional and also personal development.
• In addition, we offer interesting and lucrative additional services (company health care, group insurance, BAWAG sports club, vacation accommodation, preferential conditions for employees and their close relatives, meal subsidy).

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Location

Wiedner Gürtel 11, A-1100 Wien