Malta Development Bank is currently looking to recruit a Risk Officer to join their team on a full-time basis.
The chosen candidate will be part of the Risk Management function in the maintenance, development and implementation of the Bank’s enterprise risk management framework. The role of the Risk Officer is to support the Risk Management function as a second line of defence by contributing to the oversight and execution of a wide range of risks as well as to the implementation of the Bank’s risk strategy.
The Risk Officer will work closely with the Risk Management team to continue building a culture of risk management in the organisation, to develop risk mitigation strategies and processes, and to accumulate, develop and prepare risk reports to the Executive Management and the Board of Directors. The role includes responsibility for establishing risk procedures and routines to support the Bank’s enterprise risk methodology.
The position will also involve working with individuals across all levels of the organisation. In specific instances, the Risk Officer will also work with external consultants. The Risk Officer will report to the Chief Risk Officer or to the Senior Risk Officer as may be the case.
Framework development, implementation and maintenance
Collation and analysis of data
Communication and management
Promising candidates may be requested to provide contact details of referees and may be requested to undertake a medical examination at the expense of MDB.
The MDB shall process information provided by candidates solely for the purpose of this vacancy. In the event of unsuccessful applications, the Bank may keep applicants’ personal data on file for a period of up to six months following the date that the post applied for was filled. Applicant’s information will only be used to identify any future employment opportunities within the MDB for which applicants may be suited. Applicants are free to withdraw their application and their consent to the retention of their personal data, at any time. For further information, please read the MDB’s privacy notice which can be found on our website.
(Jobsplus Permit Number 101/2022)
Malta Development Bank:
he Malta Development Bank (MDB) was established on 24 November 2017 when the Malta Development Bank Act, 2017 came into force (Act No XXI of 2017 – CAP 574). It commenced operations on 11 December 2017 when the Board of Directors was appointed and held its first meeting. The MDB is fully owned by the Government of Malta. Mission: The MDB shall contribute towards sustainable economic development that benefits the Maltese people in line with public policy objectives by promoting inclusive and environmentally sustainable economic growth, supporting infrastructure development, and linking entrepreneurship, investment, and economic growth to improved living conditions, a higher quality of life, and better social inclusion.