Chief Risk Officer

Our client, operating within the Financial Services is seeking to recruit a Chief Risk Officer to join their team of professionals. The selected candidate will be managing a team and have the following responsibilities, whilst having a direct reporting line to the CEO and the Board of Directors :

• Identifying potential threats to the financial and economic model and stability of the Company
• Recognizing operational, financial, operational, AML, and reputational risks and classifying them whilst undertaking preventive action to mitigate the risks
• Detecting potential threats to operational efficiency including underperforming resources, employee liabilities, business model deficiencies and safety risks
• Delivering regular risk analysis reports to the Board, together with actionable plans for the management of risk
• Preparing and maintaining internal and external data gathering for risk analysis and reporting
• Coordinating programs designed to minimize threats and anticipate threats within each function in the organization
• Overseeing the Business Risk Assessment and Customer Risk Assessment programs
• Conducting regular risk assessments for the area falling within the risk register
• Effecting due reporting with competent regulatory authorities, as applicable
• Managing and preparing all documentation related to risk assessments and reviews of standard operating procedures

The selected candidate will also have the following additional duties:

• Will sit in the organization's Executive Committee
• Will sit in the organization's ALCO

• Have a minimum of ten (10) years continuous work experience in risk management and related functions with licensed and regulated entities within financial services
• Hold a PQ clearance by the MFSA, or willingness and competence to undertake the certification process

• In possession of a first degree in an area related to risk management, financial services