FIMBank’s success story is attributed to the dedication and commitment of our team. Every employee is a champion of the FIMBank brand and its underlying promise of quality, dynamism, commitment, and innovation. All our employees are given the opportunity to develop as professionals and to advance in their careers through our learning and development programmes.

About the Job

This role is responsible for the end-to-end development, maintenance, and harmonization of the institution’s Risk Policy Framework. This role serves as the central hub, collaborating with specialized risk units (Credit, Market, Liquidity, and Operational) to ensure all policies are cohesive, compliant with local regulations, and aligned with the Board’s Risk Appetite Statement (RAS).

Duties and Responsibilities

Lead the drafting, periodic review, and updates of the entire Risk Policy inventory. Ensure all documents reflect current market conditions and internal strategies.
Partner with vertical Risk Heads to translate technical methodologies (e.g., scoring models, VaR limits, IFRS9 provisions) into formal, executable policy language.
Act as the primary liaison for ensuring that all risk documentation meets the standards of local and international regulators (e.g., Basel III).
Proactively identify regulatory or operational gaps within existing policies. Navigate the internal approval process, ensuring all policies are vetted by Legal and Compliance as necessary before reaching the Risk Committee.
Oversee the implementation of new policies across the business. Ensure that Commercial and Operational teams understand their limits and responsibilities through clear communication and training.
Synthesize complex policy changes into executive summaries for the Risk Committee and Board of Directors, highlighting impacts on the institution’s risk profile.
Stay adjourned and adhere to the latest AML/CFT policies and procedures.

Qualifications and skills

Bachelor’s degree in Finance, Economics, or Law. Advanced certifications such as FRM, PRM, or CFA are highly preferred.
Minimum 5 years in Risk Management, Regulatory Compliance, or Internal Audit within the financial services sector.
Deep understanding of the 3 Lines of Defence model and the regulatory landscape for small-to-mid-sized financial institutions.
Practical exposure to risk concepts, policies, or controls within a regulated institution
Good understanding of risk frameworks, governance expectations and regulatory guidance affecting risk (MFSA / EBA)
Exceptional technical writing skills and the ability to negotiate and build consensus among diverse stakeholders (Business vs. Control functions).

What we offer

Welcoming and professional environment;
Work with a proactive, forward looking Team;
Professional growth;
Internal/External Learning and Development opportunities.
Attractive salary;
Health, Life and Personal Accident insurance cover; and
Pension plan.

Equal Opportunity Statement

FIMBank is committed to diversity and inclusivity.

Risk Policy and Governance Specialist

Job Description