Mar­ke­t an­d ­Li­qui­di­ty­ ­Ris­k ­Mo­del Va­li­da­ti­on (al­l ­gen­der­s)

• PhD or Master's degree in Finance, Mathematics, Physics, Statistics, Quantitative Economics, Computer Science or a related field
• Programming experience in Python and/or R, working knowledge of SQL and familiarity with modern data analytics platforms such as Databricks
• Strong analytical and critical-thinking skills, combined with a structured and solution-oriented approach and the ability to independently assess complex models, methodologies, data and model implementations
• Solid communication and writing skills that enable you to challenge constructively, document validation analyses and outcomes clearly and interact effectively with model owners, developers and senior stakeholders
• Experience in one or more of the following areas is advantageous: model validation, quantitative model development, market or liquidity risk management, interest rate risk in the banking book (IRRBB), valuation models, risk measurement methodologies and relevant regulatory frameworks
• Fluent in English; German or another CEE language is a plus

• Perform independent validations of models used for market and liquidity risk measurement and valuation
• Assess model methodologies, assumptions, implementation, data quality and model performance, ensuring compliance with regulatory and internal standards
• Independently challenge model owners and developers, communicate validation outcomes to all stakeholders and deliver clear, evidence-based conclusions and recommendations through validation reports
• Contribute to the enhancement of validation methodologies, testing frameworks and reporting automation, incorporating industry best practices
• Collaborate with risk management, IT and other stakeholders throughout the model lifecycle to support effective risk management

• Benefit from continuous learning opportunities and professional development in a dynamic regulatory environment
• 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 46.276,58 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

Interested in becoming part of our team? Submit your application by September 13, 2026.