Operational Risk Manager

We're seeking to recruit an Operational Risk Manager to join our Risk Control & Oversight Unit within the Risk and Compliance Department.

If you're interested in joining our team and satisfy the requirements outlined hereunder, then we're interested in you. 

Who we are

We're a leading financial institution, a key player in the Maltese market and part of a highly diversified multi-national group of companies. Employing a team of 220 employees, the Bank offers a full range of lending and savings solutions to both personal and business customers. We strive to offer a highly personalised service through our network of twelve retail branches spread across the Maltese Islands.

We're a team of inspired people who believe that opportunities start with a conversation.

Duties and responsibilities

The Risk Unit of the Bank is responsible to conduct risk-related tasks and assignments in respect of control and oversight on an enterprise-wide basis, of a broad range of risks such as credit, liquidity, market, concentration, enterprise, model, ESG and operational risk. 

 

 You will be responsible for:

  • supporting the Head of Risk in sustaining a risk culture throughout the Bank which is embedded in the way the Bank operates and covers all functions and activities;
  • managing the Operational Risk office that forms the Risk Unit ensuring adequate oversight, risk assessments, risk monitoring and timely reporting;
  • maintaining close oversight of the operational risk incidents registered by consulting with the respective stakeholders as well as guiding them with recommendations and mitigation action;
  • contributing to the identification and designing of methods to monitor, assess, and report operational risk exposure and relevant risk metrics;
  • triggering gap analysis exercises in terms of applicable regulation/guidelines;
  • reviewing policies and procedures and ensuring documentation is updated;
  • leading and conducting Bank-wide or specific risk assessments, including the production of heat maps and any remediation plans;
  • co-ordinating and upkeep of the Bank's Business Continuity Plan;
  • promoting the risk culture by participating and contributing to organising, presenting, and following up operational risk management training;
  • assisting in the compilation and timely submission of the Bank's regulatory reports and participating in the ICAAP;
  • ensuring that the Bank operates within the approved policies and risk appetite framework and ensuring escalation when set limits and triggers are breached;
  • contributing regularly to the Executive Committee and the Risk Committee;
  • ensuring that the Bank is aligned to industry standards and regulatory expectations;
  • being familiar with relevant regulation and standards such as CRR, CRD, EBA guidelines, & MFSA rules; and
  • assisting with any other duties that may be required to achieve and exceed the Unit's objectives as defined from time to time.


Competencies and experience

The potential candidate should be reliable and trustworthy, well-organised with a disposition to learn and have a team-oriented approach.

You must:

  • have a Degree in financial services, risk management, statistics, business management or equivalent;
  • be self-motivated with an ability to work on own initiative with tight deadlines;
  • have the ability to multitask;
  • be meticulous in your work;
  • be reliable and prepared to work under pressure;
  • be proficient in Microsoft Office applications; and
  • be proficient in both Maltese and English with excellent verbal and written communication skills.

How to apply

If you want to be part of our team, we invite you to send us a detailed CV highlighting your achievements. Applications should reach us only by email on vacancies@bnf.bank.


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