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Do you have specific questions about your application?

Our FAQs might help answer them.

Frequently asked questions

Do you have specific questions about the posts we offer? Our FAQs might answer them. If you are new to the industry, you might find our banking glossary helpful.

How do I know if a post that has been advertised is still available?

All the job offers that we put online are up-to-date. Take a look at our Career Portal!

To whom should I address my application?

Please apply online via our Career Portal. You can of course address the responsible recruitment contact in your cover letter. Have a look at our contact persons and their responsibilities.

Which documents are important for a smooth application process?

The CV must be uploaded (mandatory field). Depending on the advertised position, a letter of motivation is required additionally. 

What does "hybrid" work mean?  How many days can I work from home?

RBI offers its employees not only flexible working hours, but also the opportunity to work on a mobile base. This means that our employees have the option to work from home in addition to the office. The conditions and frequency are to be agreed upon with the respective manager. Feel free to bring up the subject in your first interview with us and the hiring manager. 

Who shall I approach if I have questions about a job or my application?

Our job advertisements include a detailed description of all the tasks and profile requirements. If questions remain, our recruiters will be happy to help you.  

How long does the entire application and recruitment process take? Is it possible to skip certain steps?

We have outlined our application process in detail. The duration depends on the job offered and the number of incoming applications. In certain circumstances, it is possible to skip individual steps.

What is the status of my application?

Thank you for applying at RBI. Since we carefully review all documents, it can sometimes take some time before we get back to you. On the following subpage you will find a good overview of the entire application process. 

How can I submit an unsolicited application?

In principle, you have the best chance of success if you apply for a current advertised vacancy. However, if you can't find a post suitable for you, we also have an area for unsolicited applications. Find out more on our Career Portal.

How can I get a part-time job while I'm still studying?

We offer student jobs with working hours between 12 and 25 hours per week across a whole range of areas. Find out more about entry options or go directly to our Career Portal to find current job postings.

How can I obtain an internship post and when does the application process start?

Our internships start all year long. The application process starts around 2-3 months earlier. Find out more about these entry options or go directly to our Career Portal to find current internship postings.

Which trainee programmes can I apply for?

We offer a trainee program in the field of “Corporate & Investment Banking,” including international experience.

Do you also offer holiday jobs for school pupils or summer internships?

Our summer internship positions are published every year in February. Pupils and university students aged 17 and above can apply for these. Additionally, we offer student jobs and internships throughout the year. Learn more about our entry opportunities.

Which Raiffeisen company am I actually applying to?

Our career platform also covers numerous RBI subsidiaries in Austria. If you want to find out more about RBI Group, check out the overview on our group of companies.

How important are language skills if I want to apply to RBI?

The language requirements vary depending on the vacancy. Since English is our primary corporate language, a good command is needed for most positions. Specific language requirements are outlined in the respective job postings including required proficiency levels.

Should I still apply for the job if I don't meet all the requirements listed?

Don't let this put you off. If you have the majority of the qualifications listed, you will certainly still have a chance. This always depends on the post and the number of applicants.

I haven't worked in banking before. How can I get some basic information and terminology?

For all those who are new to the industry, we have compiled a banking glossary where you can read more on the most important banking terminology.

Glossary of Banking terminology

Banking has its own jargon. Obviously, insiders know what Basel III or SEPA are all about. All newcomers can refer to our brief and easy to follow explanations of the most important terminology.

  • Assets
    Assets include cash holdings, property or securities.
  • Austrian Federal Banking Act (Bankwesengesetz, short BWG)
    The BWG governs the organisation and supervision of the banking industry, setting out the specific business regulations for performing banking transactions.
  • Basel II
    A set of regulations on banks' capitalisation and risk management with the aim of ensuring a stable banking market.
  • Basel III
    These regulations superseded Basel II and are intended to ensure that banks have sufficient resources of their own to achieve stability and bail themselves out in the event of a crisis.
  • Capital market
    The market for long-term loans or investments such as the stock market.
  • Compliance Code
    This stipulates a code of conduct for participants in the financial market. Above all, it aims to prevent insider trading.
  • Creditworthiness
    The bank assesses borrowers' creditworthiness and capacity to raise funds.
  • ELBA
    The brand name for Raiffeisen's electronic banking service.
  • EURIBOR (Euro Interbank Offered Rate)
    The interest rate at which major banks in the Euro zone lend money to each other. In the customer business, it serves as a benchmark interest rate for financing and investments in Euros.
  • Exposure
    Also known as commitments. This frequently refers to the total of a bank's individual exposures.
  • Financial Market Authority (FMA)
    An independent Austrian authority that is not required to follow directives but is subject to parliamentary control. It audits and supervises banks, insurers, pension funds and the stock exchange.
  • IBAN (International Bank Account Number)
    The global standard for specifying a bank account. It comprises a country code, check digits, branch identifier and account number.
  • ICAAP (Internal Capital Adequacy Assessment Process)
    A component/element of Basel II. Banks must have processes in place to identify, measure and aggregate relevant risk categories/risk types, and to back these with internal economic capital.
  • Insider trading
    Purchases or sales of securities for which internal information is used that is not yet in the public domain. Information of this nature must not be exploited or communicated to third parties.
  • Leasing
    An alternative form of financing in which real estate or moveable property is leased from a leasing company (lessor) to lessees.
  • MiFID (Market in Financial Instruments Directive)
    An EU directive designed to strengthen the European financial market. The goal: the greatest possible transparency towards customers.
  • Money market
    The part of the financial market in which short-term money is borrowed and lent using instruments such as overnight and term money.
  • Primary market
    The financial market that gives investors the first opportunity to buy financial products.
  • Rating
    An assessment of a company that is seeking to obtain funding on the capital market. The term is also used in relation to the creditworthiness of borrowers.
  • Risk management
    Dealing with risks in a planned way using control mechanisms and risk diversification.
  • Secondary market
    The financial market that gives investors the opportunity to buy financial products that are already in circulation.
  • SEPA (Single Payments Area)
    The unified Euro payments area. Within this payment area, there are no differences for customers between national and cross-border payments.
  • Treasury
    This is the unit where the bank's financial steering takes place. The primary aim is the credit institution's continued operation. Elements of treasury management: liquidity and financial planning, managing interest rate and foreign exchange risks and improving the bank's balance sheet.
Illustration book faq

Glossary of Banking terminology

Banking has its own jargon. Obviously, insiders know what Basel III or SEPA are all about. All newcomers can refer to our brief and easy to follow explanations of the most important terminology.

Glossary of Banking terminology

Banking has its own jargon. Obviously, insiders know what Basel III or SEPA are all about. All newcomers can refer to our brief and easy to follow explanations of the most important terminology.

  • Assets
    Assets include cash holdings, property or securities.
  • Austrian Federal Banking Act (Bankwesengesetz, short BWG)
    The BWG governs the organisation and supervision of the banking industry, setting out the specific business regulations for performing banking transactions.
  • Basel II
    A set of regulations on banks' capitalisation and risk management with the aim of ensuring a stable banking market.
  • Basel III
    These regulations superseded Basel II and are intended to ensure that banks have sufficient resources of their own to achieve stability and bail themselves out in the event of a crisis.
  • Capital market
    The market for long-term loans or investments such as the stock market.
  • Compliance Code
    This stipulates a code of conduct for participants in the financial market. Above all, it aims to prevent insider trading.
  • Creditworthiness
    The bank assesses borrowers' creditworthiness and capacity to raise funds.
  • ELBA
    The brand name for Raiffeisen's electronic banking service.
  • EURIBOR (Euro Interbank Offered Rate)
    The interest rate at which major banks in the Euro zone lend money to each other. In the customer business, it serves as a benchmark interest rate for financing and investments in Euros.
  • Exposure
    Also known as commitments. This frequently refers to the total of a bank's individual exposures.
  • Financial Market Authority (FMA)
    An independent Austrian authority that is not required to follow directives but is subject to parliamentary control. It audits and supervises banks, insurers, pension funds and the stock exchange.
  • IBAN (International Bank Account Number)
    The global standard for specifying a bank account. It comprises a country code, check digits, branch identifier and account number.
  • ICAAP (Internal Capital Adequacy Assessment Process)
    A component/element of Basel II. Banks must have processes in place to identify, measure and aggregate relevant risk categories/risk types, and to back these with internal economic capital.
  • Insider trading
    Purchases or sales of securities for which internal information is used that is not yet in the public domain. Information of this nature must not be exploited or communicated to third parties.
  • Leasing
    An alternative form of financing in which real estate or moveable property is leased from a leasing company (lessor) to lessees.
  • MiFID (Market in Financial Instruments Directive)
    An EU directive designed to strengthen the European financial market. The goal: the greatest possible transparency towards customers.
  • Money market
    The part of the financial market in which short-term money is borrowed and lent using instruments such as overnight and term money.
  • Primary market
    The financial market that gives investors the first opportunity to buy financial products.
  • Rating
    An assessment of a company that is seeking to obtain funding on the capital market. The term is also used in relation to the creditworthiness of borrowers.
  • Risk management
    Dealing with risks in a planned way using control mechanisms and risk diversification.
  • Secondary market
    The financial market that gives investors the opportunity to buy financial products that are already in circulation.
  • SEPA (Single Payments Area)
    The unified Euro payments area. Within this payment area, there are no differences for customers between national and cross-border payments.
  • Treasury
    This is the unit where the bank's financial steering takes place. The primary aim is the credit institution's continued operation. Elements of treasury management: liquidity and financial planning, managing interest rate and foreign exchange risks and improving the bank's balance sheet.

If you could not find your answer here, our Recruitment Team is happy to help you