Head of Risk
- Sliema, Malta Island
- Permanent
- Full-time
My client is an EU-licensed E-Money and Payment Services provider offering innovative, technology-driven financial solutions. Supporting both individual and corporate clients, the company is focused on building seamless and secure services in a fast-growing and dynamic environment.We are seeking a head of risk to take ownership of the institutions risk framework and ensure effective management of regulatory and operational risks across the business. This is an opportunity to join at a pivotal stage of growth and make a direct impact on the companys future.Key Responsibilities
- Oversee and maintain a robust risk management framework, ensuring alignment with EU regulatory requirements.
- Foster a culture of risk awareness and accountability across all business units.
- Identify, assess, and monitor operational, financial, and compliance risks, implementing appropriate mitigation strategies.
- Manage risk registers, compliance obligations, and risk assessments in line with licence requirements.
- Provide clear, data-driven risk reports and insights to senior leadership and the Board.
- Review and enhance internal policies, ensuring they remain up to date with regulatory developments.
- Lead business continuity and disaster recovery planning, ensuring resilience across operations.
- Monitor fraud indicators and suspicious activities, strengthening preventative controls.
- Manage outsourcing and third-party risk frameworks, including vendor performance monitoring.
- Support, coach, and develop team members in building strong risk and compliance practices.
- At least 5 years hands-on experience in risk management, ideally within payments or financial services.
- Recognised risk management certification.
- Previous interaction with regulatory authorities (MFSA or equivalent); PQ approval considered an asset.
- Strong understanding of compliance standards and industry best practices.
- Excellent analytical, communication, and problem-solving skills.
- Fluency in English (written and spoken).
- Proficient with MS Office tools; detail-oriented and highly organised.