Head Of Risk Management


One of our clients are currently looking to recruit a Head of Risk Management to join their team.  Reporting to the CEO, the successful applicant will be responsible for planning, designing and implementing an overall risk management process for the organisation.


  • Planning, designing, and implementing an overall risk management process for the organization;
  • Performing risk assessments, which involves analyzing risks as well as identifying, describing, and estimating the risks affecting the business;
  • Evaluating risk, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements, and environmental factors, and evaluate the previous handling of risks;
  • Reporting risk in an appropriate way for different audiences, to the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business, and to individuals to understand their accountability for individual risks;
  • Undertaking corporate governance involving external risk reporting to stakeholders 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;
  • Reviewing any new major contracts or internal business proposals;
  • Building risk awareness amongst staff by providing support and training within the company;
  • Acting as a liaison with the MFSA and the FIAU as required, including but not limited to the preparation and submission of required forms with the relevant authorities;
  • Ensuring that any responses or forms to the authorities are submitted in a timely manner;
  • Acting as a liaison with the company's Internal Auditor;
  • Carrying out risk assessments and due diligence on different parties, as required;
  • Carrying out risk assessments on different corridors explored;
  • Carrying out risk assessments on the company's operations;
  • Carrying out full due diligence checks and risk assessment on prospective partners and providing feedback to top management;
  • Monitoring of customers (non-face-to-face environment);

Education and experience:

  • Bachelor's degree in law;
  • Proof of ongoing training in compliance and AML matters in recent years;
  • Three to five years of experience in online payments within the financial services sector;
  • Experience with money remittance companies and/or e-wallets is considered an asset;
  • The successful candidate is ideally already approved by the MFSA;


  • The successful candidate needs to be highly organized and pro-active with a can-do attitude;
  • Ability to work both independently, as well as in a team-oriented, collaborative environment.

Reference: VR003

  • Primary job focus
  • Job type
    Full Time
  • Employment level
  • Employer industry
    Financial Services

Risk Jobs in Malta entail the assessment and prevention of financial risk and fraud. Jobs in risk within this sector include credit risk, risk & fraud and operational risk jobs.

  • Job Reference
  • Closing Date
  • Date Published
  • Status

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