Head of Risk Management

About the role

This role is for one of the Weekday's clients, with a minimum of 5+ years of experience, located in Malta, Sicily, Italy, Greece, Tunisia, or Albania, and is a full-time position.

Responsibilities

• Set up and manage the Risk Management Framework, establishing appropriate risk policies and procedures to minimize the Company's risks
• Recommend updates to the Risk Appetite Statement, advising the Board of Directors on annual updates and appropriate risk tolerance limits
• Maintain a risk register, systematically recording identified risks and mitigation actions
• Identify, analyze, quantify, and mitigate risks, addressing risks faced by the Company with appropriate actions, including integrity risks, ICT, operational, market, credit, legal, compliance, conflicts of interests, and other relevant risks
• Conduct ongoing risk assessments, regularly evaluating risks to ensure they are managed effectively
• Design, enforce, and monitor credit risk policies and oversee exposures
• Implement risk measurement methodologies, recommending risk appetite thresholds and developing monitoring tools
• Ensure compliance with regulatory requirements, maintaining activities within relevant risk-related regulations
• Collaborate with senior management, managing key risks, providing analysis, and highlighting risk exposures and performance metrics
• Lead regional incident response and crisis management efforts, overseeing responses to incidents and crises
• Develop specific risk management actions, creating targeted strategies to reduce or control risk exposure
• Monitor and report on risk management activities, implementing continuous monitoring systems and regular reporting to management
• Evaluate the risk management framework annually, assessing its effectiveness, relevance, and adequacy in addressing emerging risks
• Stay updated on industry trends and emerging risks, adapting strategies to reflect changes in the environment

Requirements

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

Skills

• Credit Risk (must-have)
• Financial Risk (good-to-have)
• Market Risk (good-to-have)
• Legal entity risk (good-to-have)