(Junior) Market Risk Manager (f/m/x)

This position is part of the Market Risk Management agile organisation (Tribe) within Product HO Market Risk Management. Working in an agile set-up, the Tribe manages market and counterparty risks at Group level through measurement, monitoring, reporting and control across all asset classes and entities. The team maintains regulatory frameworks and risk methodologies, supports relevant risk committees, and contributes to standards, implements all models and systems for market risk, valuation and counterparty risk management.

Your role at RBI:

• Analyse outputs from daily risk measurement, stress testing and back testing across market risk types (e.g., FX, structural FX, interest rate, credit spread, equity option and correlation risks) for main HO portfolios.
• Monitor market risk limits (e.g., VaR, BPV, sensitivities, stop-loss) and document recommendations for handling limit breaches.
• Support reviewing market risk limit applications and contribute to risk appetite, limit frameworks, strategies and scenario design; discuss exposures and assumptions with stakeholders (e.g., traders, treasury, business units).
• Assist in regular and ad-hoc regulatory and management reporting (e.g., RWA analysis, back testing exceptions, prudent valuation, stress testing, portfolio analyses)
• Support Network Banks on market risk topics (e.g., Basel IV, stress testing, FX and interest risk measurement, product introductions) and collaborate with internal/external partners such as auditors, regulators, local treasurers and risk teams.
• Support the development and validation of risk models.
• Collaborate with seniors on data collection and processing.
• Take responsibility for execution of specific tasks 

Your core competencies:

• Bachelor’s degree, preferably in Finance, Mathematics, Statistics, Engineering, or a related quantitative field; advanced degree is a plus.
• Practical experience in working with data, financial marekts or mathematics/quantitative topics
• Basic knowledge of financial instruments such as bonds, derivatives, options and structured products or mathematics behind the financial markets (option theory, etc.)
• Quantitative modelling and validation capability; experience using Python (or similar) for data analysis and automation.
• Interest in using automation and AI-enabled tools to improve risk monitoring, controls and reporting workflows.
• Collaborative working style and inclination to work in a team. 

What’s in it for you: 

• Work-Life-Balance: Flexible hours, work-from-home options from Austria.
• Global community: 75+ nationalities, English as the company language, and work permit support. Our teams thrive on collaboration and mutual respect. 
• Career growth: We believe in continuous learning and proactive career development. Take on challenging work that stretches your abilities, attend trainings, and use new technologies to make a lasting impact. 
• Stay healthy: Subsidized canteen, well-being programs, check-ups, and sport allowances. 
• Save money: Discounts, exclusive banking terms, and a free public transport pass. 
• Family support: Child allowances, gender-neutral parental leave, bilingual company kindergarten, and holiday childcare. 
• Competitive salary: In accordance with Austrian legal requirements, the minimum salary for this position is EUR 3375,40 gross per month under the applicable Banking Collective Agreement. The actual salary is typically higher and will be determined individually based on your qualifications, professional experience, and the specific requirements of the role. 

If you have questions regarding our application process, feel free to check out our FAQ or our page for international applicants.   Your contact: Michaela Teodosijevic Talent Acquisition Team