Head of Risk Management - Malta

04 ago - Roma
Altro

This role is for one of the Weekday's clients

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Min Experience: 5+ years
Location: Malta, Sicily, Italy, Greece, Tunisia, Albania
JobType: full-time
Requirements

Set up and manage the Risk Management Framework: Establish appropriate risk policies and procedures to minimize the Company's risks
Recommend updates to the Risk Appetite Statement: Advise the Board of Directors on annual updates and appropriate risk tolerance limits, clearly outlining the level of risk acceptable in line with strategic goals
Maintain a risk register: Systematically record identified risks and mitigation actions.
Identify, analyze, quantify, and mitigate risks: Address risks faced by the Company with appropriate actions. The risk identification should encompass not only integrity risks (such as AML/CFT and fraud) but also ICT, operational, market, credit, legal, compliance, conflicts of interests, and other relevant risks in accordance with all intended crypto-asset services. The risk identification process should address risks at various levels, including individual business lines and the overall entity together with outsourced activities
Conduct ongoing risk assessments: Regularly evaluate risks to ensure they are managed effectively
Credit and Counterparty Risk Management: Design, enforce and monitor credit risk policies and oversee exposures
Implement risk measurement methodologies: Recommend risk appetite thresholds and develop monitoring tools
Ensure compliance with regulatory requirements: Maintain activities within relevant risk-related regulations
Collaborate with senior management: Manage key risks, provide analysis, and highlight risk exposures and performance metrics.



Also coordinate cross-functionally with business units to refine risk controls and support new product development
Lead regional incident response and crisis management efforts: Oversee responses to incidents and crises
Develop specific risk management actions: Create targeted strategies to reduce or control risk exposure
Monitor and report on risk management activities: Implement continuous monitoring systems and regular reporting to management
Evaluate the risk management framework annually: Assess its effectiveness, relevance, and adequacy in addressing emerging risks
Stay updated on industry trends and emerging risks: Adapt strategies to reflect changes in the environment
General

Support the preparation of reports for the Board of Directors, senior management, auditors, and regulatory authorities
Respond to information requests from regulators and auditors, and provide assistance during thematic reviews conducted xysqume by these parties
Participate in meetings as required
The Head of Risk has to undergo the MFSA PQ process.
Required Skills

The incumbent is expected to have,
familiarity with the operations of the crypto, investment, or banking sectors will be considered an advantage;
relevant qualification in financial services or compliance is required;
strong verbal and written communication skills, sound judgment, and analytical abilities;
follow-up skills and the ability to communicate clearly and promptly are essential;
team player skills with a genuine interest in digital assets and blockchain technology; and
enthusiasm for continuous learning and a willingness to explore new frontiers in technology and compliance
Must-have skills

Credit Risk
Good-to-have Skills

Financial Risk, Market Risk, legal entity risk

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