Head of Risk

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  • Location


  • Reference

    MMC 11548

  • Salary



  • Type


The Role

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We are looking for a Head of Risk to lead the Risk Management Department of a leading financial institution in Malta and in doing so plan and design the overall risk management process of the Bank and its risk control function. You should be suitably qualified and have proven experience within the financial services sector.

The Head of Risk role encompasses the following responsibilities:

  • Advising the Board of Directors on the Bank’s risk appetite and risk strategy;
  • Advising the Board of Directors on potential risks to the bank, including credit, market, operational, corporate governance, business continuity, regulatory and others;
  • Organise and be part of the Internal Risk Committee;
  • Drafting of risk management policies and procedures and other internal governance documents, and implementation thereof;
  • Identifying potential areas of vulnerability and risk as well as actively developing solutions;
  • Supervise and lead his subordinates in risk and pass on knowledge and expertise in all possible instances;
  • Monitor the Risk Staff and provide guidance where necessary;
  • Assist in internal and external audits and investigations related to risk issues;
  • Be involved in other management committees as applicable and assist the Chief Executive Officer in taking proper and timely decisions in relation to his area of competence;
  • Represent the Bank in external committees/seminars and/or meetings as may be required by the role;
  • Organise and be part of the Internal Risk Committee;
  • Act as consultant to Chief Executive Officer in relation to Risk Matters.

The Candidate

  • Educated to Degree level in a suitable subject;
  • Proven Compliance experience;
  • Experience of the financial services sector.

The Company

A credit institution with a difference! Based in stylish offices in the heart of Malta. They have a truly professional and engaged team and offer excellent career prospects.

The Benefits

  • Competitive salary.
  • Excellent company benefits.
  • Career progression.

The Location

Malta is a small archipelago in the Mediterranean Sea, south of Sicily. It is an independent member state of the European Union and home to a little less than half a million people. It is English speaking and salaries are paid in Euros.

Malta is extremely popular for relocations, boasting as it does low domestic tax rates, Schengen Area membership, a rich history, a vibrant and active social scene, and the highest average number of days of sunshine per year in Europe.

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