Head of Risk

Skills

About the Role

You will set up and manage the Risk Management Framework, establishing risk policies and procedures to minimize the company's risks. You will recommend updates to the Risk Appetite Statement and advise the Board of Directors on risk tolerance limits. You will maintain a risk register and identify, analyze, quantify, and mitigate risks including AML/CFT, fraud, ICT, operational, market, credit, legal, and compliance risks. You will conduct ongoing risk assessments, design and enforce credit risk policies, and implement risk measurement methodologies. You will ensure compliance with regulatory requirements, collaborate with senior management, and coordinate cross-functionally with business units to refine risk controls and support new product development. You will lead regional incident response and crisis management efforts, monitor and report on risk management activities, and evaluate the framework annually. You will support the preparation of reports for the Board, senior management, auditors, and regulatory authorities, respond to information requests from regulators and auditors, and participate in meetings as required.

Requirements

• Familiarity with the operations of the crypto, investment, or banking sectors is an advantage
• Relevant qualification in financial services or compliance
• Strong verbal and written communication skills
• Sound judgment and analytical abilities
• Follow-up skills and the ability to communicate clearly and promptly
• Team player skills with a genuine interest in digital assets and blockchain technology
• Enthusiasm for continuous learning

Responsibilities

• Set up and manage the Risk Management Framework
• Recommend updates to the Risk Appetite Statement to the Board of Directors
• Maintain a risk register of identified risks and mitigation actions
• Identify, analyze, quantify, and mitigate risks across all business lines
• Conduct ongoing risk assessments
• Design, enforce and monitor credit risk policies and oversee exposures
• Implement risk measurement methodologies and monitoring tools
• Ensure compliance with regulatory requirements
• Collaborate with senior management on key risks and risk exposures
• Lead regional incident response and crisis management efforts
• Develop specific risk management actions to control risk exposure
• Monitor and report on risk management activities
• Evaluate the risk management framework annually
• Stay updated on industry trends and emerging risks
• Support preparation of reports for the Board, senior management, auditors, and regulatory authorities
• Respond to information requests from regulators and auditors
• Undergo the MFSA PQ process

Benefits

• Discretionary bonuses
• Equity allocations