About the Company

Sparkasse Bank Malta plc is a licensed credit institution that provides corporate banking, private banking, investment services and custody / depositary services.

About the Role

As a result of our continuous growth, a vacancy has arisen for a Deputy Manager in our Risk Management department, focusing on Operational Risk. The role is envisaged to start at Deputy Manager level, with focus primarily on Operational Risk on an Enterprise-wide basis, Climate & Environmental Risk (among other ESG matters) and being the Business Continuity Co-Ordinator of the Bank.

Responsibilities

Lead system implementation projects related to the Risk Function with minimal supervision (timesheets program; ERM software for risk registers);
Extensive testing of controls across the Bank’s head office and the Branch in Ireland;
Recommend enhancements to controls;
Ensure that departmental risk registers are updated by the owners thereof;
Work related to ESG analysis, sourcing and reporting of metrics, understanding and working in the work streams relevant to Climate & Environmental Risk management;
Handle and log operational risk reports;
Attend departmental meetings and review the meeting minutes;
Represent the Risk Function in risk related discussions;
Update documents related to the Risk Function, such as the Op Risk Policy, Risk Management Framework, Anti-Fraud Policy, and other documents;
Review the Business Risk Assessment of the Bank, (a document required by the FIAU);
Draft Product Risk Assessments or Business Line Risk Assessments from an Operational Risk perspective;
Assume the role and the full responsibility of Business Continuity Co-Ordinator of the Bank (this role requires direct liaison with the Managing Director, who is responsible for the Bank’s crisis-management);
Any other tasks as may be assigned by the Head and which are in line with the Employee’s expertise.

As part of the interview process, candidates may be requested to submit a copy of their thesis and/or financial models which they have built.

Qualifications

Bachelor’s degree in Banking and Finance or Accountancy;
Master Degree in Risk, or Finance or the FRM qualification from GARP are desirable;
Candidates with Internal Audit background are also welcome;

Skills

Excellent knowledge of Microsoft Office suite programs, especially Excel is a must;
Knowledge of ESG concepts;
The Bank has a complete C&E RM Framework. Person hired is expected to be or to become a subject matter expert in this area;
Project management skills;
Ability to manage multiple workstreams simultaneously and co-ordinating with staff from across an organisation, in a fast-paced environment;
Ability to plan and work independently;
Excellent command of English, both oral and written;
Understanding of internal controls;
Attention to detail.

Experience

A minimum of 4 years of experience in Risk, Operations, or Internal Audit;
Relevant experience in a bank, financial institution or investment services firm is considered an asset;
Experience in a Big 4 firm, working in Risk, Regulatory or Advisory teams (including IT Advisory), is also considered an asset;

Pay range and main benefits

The salary for this position will be determined in accordance with the Bank's Remuneration Framework, which is based on objective and gender-neutral criteria. The starting salary will reflect market benchmarking, the responsibilities of the role, and the successful candidate's qualifications, skills, and relevant experience.

Flexi hours;
Free parking;
Continuous training and self-development;
Career path;
Private Health Insurance;
And more.

Equal Opportunity Statement

We are committed to providing a fair, transparent, and inclusive recruitment process that is free from discrimination. Employment decisions are based solely on merit, qualifications, skills, experience, and the requirements of the role.

Deputy Manager (Operational Risk)

Job Description