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Risk Manager

Job Title: Risk Manager
Contract Type: Permanent
Location: Mriehel, Malta
Salary: Attractive
Reference: 3293
Contact Name: Mark Sims
Job Published: January 16, 2018 10:34

Job Description

A well established financial services company in Malta with offices internationally is seeking to employ a Risk Manager. 

Reporting to the MD of the company the jobholder will advise the Company on any potential risks to the profitability or existence of the company. Identifying and
assessing threats and to ensure plans are in place to avoid, reduce or transfer risks.

Knowledge and Skills

  • Educated to degree level in Risk, Finance or related subjects
  • minimum of 3 years relevant experience working in a similar role within the Malta Financial Services Industry
  • Ideally MFSA approved or having the necessary qualifications and experience to qualify for approval
  • Familiarity with pensions schemes will be considered an asset
  • Ability to identify risks attaching to a Financial Services Business
  • Demonstrable experience of being able to absorb complex information quickly and present it in a way that can be understood by all levels within the business
  • Practical Experience of database management and the processing of complex information

Primary Responsibilities:

  • Planning, designing and implementing an overall risk management process for the organisation and compile and maintain a risk register
  • Risk assessment, which involves analysing risks as well as identifying, describing and estimating the risks affecting the business
  • Risk evaluation, which involves comparing estimated risks with criteria established by the organisation such as costs, legal requirements and environmental factors, and evaluating the organisation's previous handling of risks
  • Corporate governance involving external risk reporting to stakeholders
  • Carrying out processes such as purchasing insurance, reviewing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong
  • Conducting audits of policy and compliance to standards, including liaison with internal and external auditors
  • Contribute to the ongoing development and delivery of the risk management strategy of the entire organisation
  • Analyse new and emerging regulations and their application, report on the requirements and their impact on the business, and implementing necessary processes to satisfy these requirements