Senior Risk Officer

1 month ago


Malta VacancyCentre Full time
On behalf of our client in the banking sector we are seeking to recruit a Senior Risk Officer with the following requisites;

Duties:
  • Assisting in the drafting of policies and procedures and other internal documents particularly related to credit, operational and market risk and implementation thereof.
  • Conduct and assist in risk assessments to identify potential risks and vulnerabilities within the bankâs operations, products, and processes.
  • Collaborate with cross-functional teams to evaluate risks, assess their potential impact, and prioritize them based on severity and likelihood, assist in the implementation of new controls and monitoring.
  • Monitor and review the effectiveness of risk management strategies together with the Head of Risk, making necessary adjustments as required.
  • Ensure compliance with relevant laws, regulations, and internal policies to maintain a strong control environment.
  • Stay informed about regulatory changes and developments, providing guidance to the bank and its employees on compliance matters.
  • Coordinate with internal and external auditors, regulators, and other stakeholders during compliance reviews and audits.
  • Communicate risk-related information and recommendations to various stakeholders, fostering a culture of risk awareness and accountability.
  • Provide guidance and support to business units on risk-related matters, promoting a proactive risk management approach throughout the organization.
  • With the Head of Risk develop and deliver risk management training programs to enhance employeesâ knowledge and skills in identifying and managing risks.
Requirements:
  • Strong knowledge of risk management principles, methodologies, and regulatory requirements. 
  • Possess a high-level work ethics, professional integrity.
  • Ability to work with minimum supervision with a good eye for detail and analytical skills, good in prioritizing, organizational and time management abilities to meet deadlines and able to work independently.
  • Be a good team player with good communication skills. 
  • Excellent analytical skills with the ability to identify, assess, and mitigate risks effectively.
  • Bachelorâs degree in Finance, Economics, Business Administration, or a related field. Relevant professional certifications are considered an asset.
  • The ideal candidate must possess at least 3 years of experience working in a similar position, Banking.
  • Knowledge of the regulatory framework governing a credit institution would be considered an asset.

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