Risk Manager

icon Malta
icon Banking & Finance



An established online bank with over 30 years of experience in providing banking services and right solution for your business, is seeking to employ a Risk Manager in Malta. The selected candidate will report to the Head of Risk and Compliance and will be responsible for assessing, responding to and monitoring the Bank’s exposure to risk. If you have direct experience with quantitative risk (rather than MLRO and compliance) and you can work independently on our ICAAP and ILAAP, then send your application for this Risk Manager Malta based role to GRS Recruitment Malta, today!
  • Planning, designing and implementing risk management processes, tools and systems to identify, assess, measure, manage, monitor and report risks, including maintaining a rolling risk register
  • Supporting the development and strengthening of the Bank’s internal control systems and overarching risk management framework
  • Preparation of the regulatory suite of documents, including the ICAAP, ILAAP and Recovery Plan, and relevant policies and procedures
  • Preparation of the financial risk management section found in the annual report
  • Ownership of the Risk Monitoring Committee, including development and monitoring of key risk indicators (KRIs)
  • Attending and presenting reports to the Audit and Risk Committee and other relevant committees on request
  • Reviewing new Bank products available to the public
  • Attending various off-site information seminars to keep abreast with industry relevant developments and emerging risks, and ensuring dissemination of relevant knowledge across the Bank
  • Protecting the independence of the second line of defence and fostering a healthy risk-aware culture across the Bank
  • IFRS 9 Expected Credit Loss (ECL) exercise
  • Performing 2nd line checks on the 1st line of defence
  • Writing of procedures and policies
  • Participation and monitoring of Data Protection duties; and Participating in ad hoc projects and internal review exercises
  • Graduate education in Banking and Finance, Accounting, Business, Maths and Statistics, or equivalent
  • A solid understanding of the Banking Industry
  • Experience in Quantitative Risk Management
  • A minimum of 3 years' experience working in the local Banking Industry
  • Proficiency in Microsoft particularly in MS Word and Excel
  • Excellent written and verbal communication
  • A strong sense of integrity, ethics and independence, with the courage to speak out
  • An analytical/inquisitive mindset
  • Wellbeing incentives as well as offers prospects for personal development both internally and with external providers.
  • Private health insurance (as well as life and personal accident insurance)
  • Subsidy on home loans or a rental subsidy
  • Fitness allowance
  • Free parking
  • Remote /hybrid working arrangements to help with better work/life balance
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 Giuseppe Buda, giuseppe@grsrecruitment.com quoting the above job reference or call +356 2778 0664 for further information.
Job Summary
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    4 December 2023
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  • 6406
  • giuseppe@grsrecruitment.com
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