Head Of Risk Management - Malta

14 ago - Lazio
Weekday AI (YC W21)

This role is for one of the Weekday's clientsMin Experience: 5+ yearsLocation: Malta, Sicily, Italy, Greece, Tunisia, AlbaniaJobType: full-timeRequirementsSet up and manage the Risk Management Framework: Establish appropriate risk policies and procedures to minimize the Company's risksRecommend 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 goalsMaintain 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.
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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 activitiesConduct ongoing risk assessments: Regularly evaluate risks to ensure they are managed effectivelyCredit and Counterparty Risk Management: Design, enforce and monitor credit risk policies and oversee exposuresImplement risk measurement methodologies: Recommend risk appetite thresholds and develop monitoring toolsEnsure compliance with regulatory requirements: Maintain activities within relevant risk-related regulationsCollaborate 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 developmentLead regional incident response and crisis management efforts: Oversee responses to incidents and crisesDevelop specific risk management actions: Create targeted strategies to reduce or control risk exposureMonitor and report on risk management activities: Implement continuous monitoring systems and regular reporting to managementEvaluate the risk management framework annually: Assess its effectiveness, relevance, and adequacy in addressing emerging risksStay updated on industry trends and emerging risks: Adapt strategies to reflect changes in the environmentGeneralSupport the preparation of reports for the Board of Directors, senior management, auditors, and regulatory authoritiesRespond to information requests from regulators and auditors, and provide assistance xlwpduy during thematic reviews conducted by these partiesParticipate in meetings as requiredThe Head of Risk has to undergo the MFSA PQ process.Required SkillsThe 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; andenthusiasm for continuous learning and a willingness to explore new frontiers in technology and complianceMust-have skillsCredit RiskGood-to-have SkillsFinancial Risk, Market Risk, legal entity risk
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