Risk and Compliance Officer

Location Malta
Discipline: Risk, Compliance
Contact name: Chris Sacco

Contact email: [email protected]
Job ref: 15469
Published: 6 months ago
Our well-established client within the banking industry is seeking to recruit for a Risk and Compliance Officer to join their Risk and Compliance Department.

You will be assisting the Risk and Compliance Manager. Risk related duties include: 
  • planning, designing and implementing risk management processes, tools and systems that help us to identify, assess, measure, manage, monitor and report risks;
  • assisting in the  preparation of the regulatory suite of documents, including the ICAAP, ILAAP and Recovery Plan and relevant policies and procedures
  • ensuring dissemination of relevant risk knowledge across the Bank;
  • testing exercises on new software systems that the Bank may introduce with regards to the Risk and Compliance;
  • participating in ad hoc projects and internal review exercises.
Compliance related duties include:
  • Manning designated AML email inboxes, ensuring accurate and timely replies are sent to the relevant authorities and escalating queries accordingly;
  • Conducting internal customer file reviews, noting and recording findings accordingly;
  • Ensuring the timely delivery of regulatory reports;
  • Participating in ad hoc projects and internal review exercises:
  • Ensuring the Bank’s ongoing compliance with relevant laws, regulations, policies, and procedures;
  • Completing an annual regulatory risk assessment and participating in remediation exercises through an annual compliance plan;
  •  monitoring compliance of the Bank’s AML/CFT activities and the exercise of effective control on its AML/CFT policies and procedures.
  • An Advanced Diploma in Financial Services or equivalent.
  • A solid understanding of the banking industry.
  • A minimum of 2 years’ experience working in the industry.
  • Able to assess issues analytically and think strategically on how to resolve them.
  • Highly organised and works well under pressure.
  • Excellent written and spoken communication in English.
This opportunity offers an attractive remuneration package, well being incentives and also offers prospects for personal development.