Application Closes: 27/09/2024

Role: Analyst

Function: Chief Personal & Wealth Officer

Unit: Controls, Risk & Compliance

Job Summary

Overall Purpose:

The analyst will be responsible to offer guidance to various stakeholders within the Personal and Wealth Pillar regarding risk and regulatory issues, assist other members within the Controls, Risks and Compliance unit on day to day tasks including assisting the unit in performing control testing and monitor first-line activities.

The Job Holder Will Be Responsible For

Monitoring

Undertaking testing and monitoring activities under the guidance of the Management team and /or Risk Correspondents at Controls, Risk & Compliance Unit within the Personal & Wealth Pillar;
Whilst under guidance, selected candidate will require to exercise own judgement, take effective decisions, engage with stakeholders (often more senior) in respect of findings, and be able to articulate observations succinctly.

Advisory

Providing advice and guidance to colleagues within Personal & Wealth Pillar in respect of risk and regulatory matters;
Developing subject matter expertise continuously in risk and regulation whilst meeting all expectations.

Management Information and KRIs

Producing risk and regulatory Management Information, as required, and contributing to the preparation of governance papers as requested by the Controls, Risk and Compliance management team.

Action Plans

Acting responsible for follow-up activity to ascertain the status of risk and regulatory actions, collating information and presenting the same to the management team and/or other stakeholders as may be necessary.

Risk Control Self Assessments And Other Relevant Assessments

Assisting in the completion of the annual Risk Control Self-Assessment/Compliance Risk Self-Assessment exercise, and any other exercises or related activity, by identifying prevailing risks, and ensure controls are in place to mitigate these risks;
Identifying gaps and highlighting control deficiencies requiring attention, as well as agreeing on and working with the business to implement actions to address these.

Risk and Regulatory Escalations

Supporting the business in capturing and reporting breaches and risk events, escalating in the required manner and keeping stakeholders across the Bank updated.

In addition to the specific functions, management may assign more duties as required for the job from time to time.

Attitude

Committed, highly responsible and able to work under pressure.
Eagerness for constant self-development and to go out of one’s way to get the job done in a manner of high quality.
Embraces teamwork and positive team spirit.
Willingness to remain updated continuously on areas related to the role, holding consistent interest in and desire to develop knowledge and experience on risk and regulatory matters.

Required Experience

Previous proven experience of at least Two (2) years in either of the following:

Retail Banking
Investments
Lending
Card Business
Payments
Risk and Compliance

Desirable Criteria

An MQF Level 5 Qualification, or higher, in Banking or Financial Services may be considered an asset.
Qualification / Certifications related to the areas of business / retail banking, payments, or risk.

In our process of shortlisting candidates for the vacancy, please note that preference may be given to candidates whose profiles best align with the requirements and responsibilities of the role.

Here’s What’s In It For You

Bank Holidays and additional vacation leave days over and above the statutory entitlement
Free basic health insurance
Relocation assistance and packages for expats joining the bank
Accredited training programs from our BOV Learning Academy
Study leave when employees decide to further their studies on part time basis
Staff home loan rates for your dream home and other credit facilities at reduced interest rates
Voluntary Occupation Pension Scheme (VOPS)
Guarantee of working with an Equal Opportunities Employer as certified by the NCPE
A budget dedicated to your children’s summer school costs

The Bank ensures a fair, transparent, consistent and non-discriminatory treatment of employees on the basis of gender, race, colour, ethnic, or social origin, genetic features, language, religion, or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation.

Bank of Valletta plc

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