Risk Manager - Banking jobs in Malta - January 2023
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Risk Manager


Expires in 10 days (11 Feb 2023)

Our client, a financial institution is seeking to recruit a Risk Manager to join their risk and compliance department. The selected candidate will be reporting to the Head of Risk and have the following responsibilities:

  • Ensuring a risk culture is embedded throughout the organization and the way it operates and covers all functions and activities
  • Managing the Operational Risk office ensuring adequate oversight, risk assessments, risk monitoring and timely reporting
  • Identifying and designing of methods to monitor, assess, and report operational risk exposure and relevant risk metrics
  • Maintaining close oversight of the operational risk incidents registered by consulting with the respective stakeholders as well as guiding them with recommendations and mitigation action
  • Reviewing and updating of policies and procedures
  • Conducting gap analysis exercises in relation to applicable regulation/guidelines
  • Leading and conducting risk assessments including the production of heat maps and any remediation plans
  • Co-ordinating and upkeeping of the organization's Business Continuity Plan
  • Assisting in the compilation and timely submission of regulatory reports and participating in the ICAAP
  • Promoting a risk culture by participating and organizing operational risk management training
  • Ensuring that the organization operates within the approved policies and risk appetite framework and ensuring escalation when set limits are being breached
  • Contributing regularly to the Executive Committee and the Risk Committee
  • Ensuring that the company is aligned with the industry standards and regulatory expectations
  • Keeping abreast with the regulations being issued by the regulator
  • Assisting with any other duty which may be required from time to time
Skill-sets and Requirements
  • Minimum 3 - 4 years experience in a similar role
  • Ability to work on own initiative and respect tight deadlines
  • Multitasker and ability to work under pressure
  • Proficiency in Microsoft Office tools
  • Hold excellent communication skills both in English and Maltese
Education & Experience
  • Have a Degree in financial services, risk management, statistics, business management or equivalent

€40,000 to €45,000 / year
Full Time
Job Type
Experienced (3 years +)
Experience Level
Financial Services

Analyst (LSI)

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