Head of Risk

Job Description

Company Introduction

Job Responsibilities and Duties

• Lead and manage a team of risk analysts, ensuring high performance and development;
• Oversee transaction monitoring processes to detect potential fraud or risk, identify key risk areas, and implement effective mitigation strategies;
• Maintain and update the Company’s Risk Management Policies and Procedures in line with regulatory standards and business needs;
• Execute and periodically review the Risk Monitoring Programme to ensure it addresses critical and emerging business risks;
• Collaborate with internal stakeholders to establish and promote effective risk management frameworks, standards, and practices;
• Supervise the company’s credit risk management function to ensure appropriate oversight and controls are in place;
• Prepare and present periodic risk reports for the Risk Committee and the Board of Directors;
• Stay informed of regulatory developments and industry trends to ensure ongoing alignment with best practices in risk management.

Experience

• Must have the necessary experience and/or qualifications to be eligible for MFSA approval as a Risk Officer;
• A minimum of 5 years’ experience in a comparable managerial position within the banking, investment, or broader financial services sector;
• Technologically proficient, with advanced skills in Microsoft Excel and general computer literacy;
• Previous exposure to credit facilities is considered an asset;
• Familiarity with transaction monitoring processes is preferred.

Personal Skills

• Strong analytical capabilities with a keen eye for detail;
• Able to perform effectively under pressure in a dynamic and fast-paced environment.