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Senior analyst (Risk)

  • Location


  • Sector:

    Financial Services

  • Contract Type:


  • Job Reference:


  • Published:

    4 months ago

  • Expiry:


  • Client Details:

    Malta Financial Services Authority

  • Skills tags:


The Role

The eventual appointee will be joining the Compliance and Risk Management team to assist the team in the onsite and offsite prudential supervision of insurance and pensions licence holders.  Reporting into the Deputy Director – Compliance and Risk Management team within the Insurance and Pensions Supervision, the individual will be expected to carry out the following tasks:

  • Reviewing, assessing and analysing the effectiveness of the risk management framework systems (comprising strategies, processes and reporting procedures necessary to identify, measure, monitor, manage and report on a continuous basis the risks to which the licenseholders are exposed) adopted/developed by license holders as well as the effectiveness of business continuity management plans.

  • Developing risk management tools including Key Risk Indicators and enhancing the risk scoring tool to determine the overall risk imposed by licence holders being supervised.

  • Contributing in the evaluation of internal models and assessments of the Own Risk and Solvency Assessment of insurance licence holders.

  • Continue developing and enhancing the Risk Assessment Framework.


About You

We are looking for candidates with solid academic background in risk management, or in a financial services related discipline.

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.

The applicant is also to possess a minimum of five (5) years working in the area of insurance preferably in risk management. Candidates with longer working experience relevant to the role will be preferred.

If you do not have the necessary academic or professional qualifications but you have at least ten (10) years of relevant experience in a similar area we would still be interested in speaking with you.