Senior Executive - Risk

Full Time
Senior Executive
Published on 05/07/2023

Job Description


Position Title: Senior Executive - Risk

Department:  Risk

Reports to: Chief Officer – Regulatory, Deputy Chief Officer – Regulatory

Job Purpose

To be responsible for the overall management of the risk team and to support the Malta Gaming Authority in implementing an organization-wide Risk Management framework and process. Duties also include the research and analysis of various risk factors which might affect the gaming industry and in turn the Maltese jurisdiction.  

Key Accountabilities/Key Activities

  • Be responsible for the recruitment and management of the respective team and for leading it effectively;
  • Review the reports and analyses drafted by the risk team and provide input thereto;
  • Define an effective risk architecture of the Authority including drafting risk management policies and procedures;
  • Conduct regularly risk assessments and develop and maintain an effective risk response plan;
  • Monitor and report the Authority’s risk performance;
  • Instill a positive risk culture in the Organisation and effectively manage a risk process;
  • Research the various risk factors that might affect the gaming industry and in turn the Maltese jurisdiction and the Authority;
  • Advise internally stakeholders on risk mitigation techniques;
  • Liaise with the functions of the First and Third Line of Defence within the Authority as well as with external stakeholders, such as the FIAU, the NCC and other Government Bodies to consult and co-ordinate accordingly on risk related matters;
  • Assist from a risk perspective in the training of staff in different facets and roles;
  • Provide regular activity updates as directed by your superiors;
  • Assist the Board of Governors in establishing the Authority’s risk appetite;
  • Represent the Authority in various conferences and fora as may be required;
  • Carry out any other duties/tasks as directed by the CRO.

Technical/Professional Expertise

  • In possession of a first degree in a relevant field or equivalent MQF Level 6;
  • Postgraduate qualification in risk management are not mandatory, but shall be considered an asset;
  • A minimum of three (3) years working experience in a related area and role. Candidates with longer working experience relevant to the role will be preferred;
  • Certification from an internationally recognised Institute/Organisation will be considered an asset;
  • Possession of relevant experience in the gaming industry shall be considered an asset;
  • Proven expertise in the concepts, approaches, methods and techniques used to manage risk within an organization;
  • Be able to establish and implement an effective risk communication plan and a risk recording and reporting process;
  • In possession of good leadership skills, able to give directions, mentor and motivate the respective team;
  • Possess a critical thought, excellent analytical and numerical skills and an eye for detail;
  • Ability to understand broader business issues;
  • Excellent command of English;
  • Ability to work under pressure in a fast-paced and changing environment;
  • Ability to organise and present findings and recommendations in a constructive manner (both verbal and written);
  • Thinks and acts strategically;
  • Takes ownership and actions in line with agreed KPIs.