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Erste Group Junior Trainee Programme Yearbook 2010 – 2011

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On-the-Job Training<br />

The home department is where the trainees<br />

are working most of the time and it is the<br />

where the trainees will begin their full time<br />

work once the programme has been completed.<br />

In addition to the time spent in the home<br />

department, job rotations give trainees the<br />

opportunity to become familiar with a variety<br />

of other areas. The following areas are the<br />

focus of Job Rotations:<br />

• Retail Branch<br />

• SABINE Factory<br />

• Back Office<br />

• Credit Analysis<br />

• Workout<br />

• Partner Department<br />

• CEE I & II<br />

During the CEE job rotations, trainees will go<br />

on a 3 week, international job rotation to the<br />

same department as their home department,<br />

within another bank in <strong>Erste</strong> <strong>Group</strong>. This is<br />

done on a trainee by trainee basis, and the<br />

destination is decided upon by the trainee’s<br />

Department Head.<br />

<strong>Trainee</strong>s profit immensely from their international<br />

experiences, as they get to know<br />

the various banks of <strong>Erste</strong> <strong>Group</strong> and begin<br />

to establish a network of professional colleagues<br />

and personal friends who strengthen<br />

their bonds.<br />

“All trainees get to know the<br />

various banks of <strong>Erste</strong> <strong>Group</strong><br />

and thereby establish their<br />

own knowledge networks.<br />

They will not merely profit as<br />

individuals – we firmly believe<br />

that this programme will help<br />

move forward the <strong>Group</strong> as a<br />

whole.”<br />

“It gives the trainees the<br />

opportunity to work and live in<br />

an international environment<br />

and the combination of job<br />

rotation and learning on the<br />

job will be a tremendously<br />

valuable experience for all of<br />

these lucky few”<br />

Bernhard Spalt, Member of the Holding Board<br />

13

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