Head of Risk

icon Nicosia
icon Banking & Finance



GRS Recruitment is advertising on behalf of our client for a Permanent Head of Risk for Financial Institution in Nicosia. Our client is seeking an experienced individual with skills in Risk and with particular experience in a Head role ideally in the Banking sector


  • Implementing and monitoring the bank’s risk exposure through strategy.
  • Developing and maintaining a comprehensive Risk Management Framework that complies with applicable laws and regulations.
  • Overseeing on all risk related activities including Identifying risk, assessing risk, monitoring risk and the reporting of risk.
  • Formulate procedures and controls to ensure compliance in accordance to all relevant laws in Cyprus.
  • Working with various stakeholders to select, implement and audit the bank’s systems and processes of risk management, including risk evaluation, risk assessment, risk modelling and risk control.
  • Developing and maintaining internal controls of all security digital and physical ensuring all operational risk procedures are being adhered to.


  • A relevant postgraduate degree in banking and finance or a related field preferably with certification in risk management.
  • Minimum 5 years’ experience working in the banking sector or financial institution
  • Ability to manage Operational Risk with experince in Information Security and physical security. 
  • Excellent understanding of banking processes and risk management systems and procedures.
  • Able to work independently but also to be an excellent team player.
  • Strong analytical and problem solving skills with ability to anticipate and identify current and future risks.
  • Fluency in Greek and English 
  • Strong Leadership skills along with high level communication and Interpersonal skills.
  • A great Critical Thinking
  • Excellent Qualitive and quantitative analytical skills 


  • Competitive salary.
  • Training and development opportunities.

Due to the high volume of applications we receive at GRS Recruitment, only shortlisted candidates will be responded to.

To apply for this position, please email your CV to Steve Slocombe,  steve@grsrecruitment.com quoting the above job reference.


Job Summary
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    26 April 2024
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  • 7475