Risk Officer

  Central Malta

Our client is seeking to recruit for a Risk Officer to join the team. 

Duties include:

  • Working with the risk owner on the RCSA process to ensure that risk assessments are conducted at least annually or following a trigger event and entering the relevant data on the Operational Risk database.
  • Conducting RCSA control testing in accordance with the prescribed frequency and entering results to the Operational Risk database.
  • creating action plans with the control owner where a control requires improvement or has failed testing and entering relevant data to the Operational Risk database.
  • Developing KRI measures for the business area and providing results to Operational Risk on a monthly basis, in accordance with agreed deadlines.
  • Providing training and support to the business area on risk reporting requirements.
  • Ensuring risk events are quantified and entered to the Operational Risk database on a timely basis.
  • handling compliance Monitoring Framework Requirements
  • Preparing internal and external audit reports 
  • Tracking progress with the resolution of audit points reported by Internal Audit or External Audit to ensure they are delivered in accordance with agreed timescales.
  • Escalating related issues to business management and Business Risk Forum as appropriate.
  • Supporting business executive with logistics of a Business Risk Forum to provide visibility on business risk profile and associated matters.
  • Working with all the Customer Experience areas to embed the Bank’s risk/compliance management processes within the remit of the Chief Customer Experience Officer.

Requirements

  • Previous proven work experience of at least four (4) years within a banking or financial services environment.
  • Highly responsible and committed
  • Remaining up to date on areas related to the role

Education and Experience

  • An MQF level 5 Diploma relating to compliance, risk, internal audit or Anti Financial Crime.

Job Reference: GZ370


  • Category
    Risk
  • Job type
    Full Time
  • Employment level
    Experienced (3 years +)
  • Employer industry
    Banking
  • Languages
    English
  • Job Reference
    GZ370
  • Closing Date
    28/02/2025
  • Date Published
    22/01/2025
  • Status
    Shortlisting

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