Internship Financial Sanctions (all genders)

at  Erste Group Bank AG

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.
Correspondent Banking AML and Financial Sanctions is responsible for the groupwide onboarding of other Correspondent Banks as well as ensuring Erste Group’s compliance with European and international financial sanctions regimes & embargoes. A dedicated Group Financial Sanctions Unit within the Department is responsible for the group-wide implementation of financial sanctions & embargoes, relevant legislation and best practice standards in Erste Group and its subsidiaries. Policies and procedures are an important part of every sanctions compliance program, but in order to be effective and efficient, financial sanctions know how must be delivered to business units and Group wide Compliance functions by giving practical advice, as well as by trainings.

• Develop knowledge and understanding of compliance relevant banking practices as well as learning and being part of the constantly developing Compliance landscape
• Provide contributions to ongoing group-wide Compliance programs e.g. improvements to transaction screening systems and Correspondent Banking supervision tools
• Contribute to daily business tasks within the correspondent banking compliance area and sanction & embargo framework
• Advise business units on Compliance relevant topics in the course of the day-to-day business and monitor business and payment transactions