Overview of Role
The Head of Risk and Compliance will be responsible for developing and maintaining a risk
management framework for the Institution and for overseeing compliance within the Institution
including ensuring compliance with laws, regulatory requirements, policies and procedures. The
candidate shall report directly to the Board of Directors of the Company.
This is a full-time position that will be based in Malta.
Implementing and maintaining an overall risk management process for the Institution, which includes an analysis of the financial impact on the Company when risks occur;
Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the Company;
Performing a risk evaluation: Evaluating the Company’s previous handling of risks, and comparing potential risks with criteria set out by the Company such as costs;
Establishing, together with the Board of Directors, the level of risk the Company is willing to take;
Risk reporting tailored to the relevant audience (Educating the Board of Directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks);
Building risk awareness amongst staff by providing support and training within the Company;
Conducting and overseeing internal reviews and audits periodically to ensure that Compliance procedures are followed;
Conducting the internal investigation of compliance issues;
Informing, educating and training employees on matters that are associated with regulations and industry practices;
Coming up with effective plans to manage a crisis or compliance violation;
Staying up to date with internal standards and business goals;
Working cooperatively with external auditors when needed;
Preparing appropriate compliance reports for regulatory bodies;
Discussing arising compliance issues with management or employees;
Ensuring and verifying that all regulatory policies and procedures have been documented, implemented and communicated.
Skills and Attributes
Organised and reliable with attention to detail – can handle multiple tasks and work in a fast-paced environment;
Be creative and have strong organisational skills
Excellent written and oral communication;
A positive, ‘make it work’ attitude;
Self-motivated and able to work unsupervised;
Excellent interpersonal skills and ability to work with all levels in the organisation;
Eligibility to work in Malta
A minimum of 3 years experience in a compliance and/or corporate governance role.
Hold a degree or professional qualification in disciplines such as Economics, Law, Risk Management etc.
SpotOn Connections offers international recruitment solutions and career consultancy for all industries across Europe. We deliver a premium service at all stages of the recruitment process, taking the time to get to know our clients and candidates on a personal level so that we can make the perfect match. Our network of consultants come from a recruitment background, with particular specialisation on the finance, legal, technical, and multilingual industries. We currently have offices in Malta and Portugal.