Operational Risk Analyst

We're seeking to recruit an Operational Risk Analyst to join our Risk Control and Oversight Unit.  

If you're interested in joining us 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 over 200 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 Control and Oversight 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, residual and operational risk. 

You will be responsible for:

  • conducting operational risk related tasks and assignments;
  • conducting risk assessments;
  • reviewing policies and procedures and ensuring documentation is updated;
  • conducting analysis in relation to the Bank's operational risk position including assessment, mitigation and reporting;
  • 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 in the identification and design of methods to monitor, assessing and reporting operational risk exposure and relevant risk metrics;
  • monitoring and updating elements of the Bank's Business Continuity Plan;
  • contributing to the risk committee;
  • being familiar with relevant regulation and standards such as CRR, CRD, EBA guidelines, & MFSA rules;
  • interacting closely with internal customers; 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, economics, econometrics, risk management, statistics, business management, IT, Business and Computing, Information Security or equivalent; ;
  • be self-motivated with an ability to work on own initiative with tight deadlines and adopt a solution-driven approach to work;
  • have the ability to multitask;
  • be meticulous in your work;
  • be proficient in Microsoft Office application; and
  • be proficient in both Maltese and English with excellent verbal and written communication skills. 

Knowledge of security domains, auditing standards and frameworks, and risk analysis frameworks or certifications such as CISA, CISM, CISSP and Security+ will be considered an asset;

How to apply

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


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