Position Title: Senior Executive - Risk
Department: Risk
Reports to: Director – Risk
Job Purpose
As part of the Risk Management Framework the Senior Executive will be responsible to ensure that all risk activities are conducted in a systematic and structured manner, aligning with the Authority’s goals, and national and industry standards. 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
• Assists with the development, implementation, and maintaining of the Authority's risk management policies and procedures, and acts as a liaison between various stakeholders to ensure that the Authority is effectively managing its risk exposure;
• Conducts regular risk assessments to identify emergent risks and, or changes within existing risks and develops and maintains an effective risk response plan;
• Maintains the Authority’s risk register by identifying, assessing and analysing relevant risks;
• Collaborates with the various departments and risk owners to update and develop key risk indicators, risk treatment plans and mitigation plans;
• Monitors and reports on the Authority’s risk performance;
• Compiles and, or reviews reports and analyses drafted by the risk team and provide input thereto;
• Instils a proactive risk culture across the Authority, ensuring that all stakeholders are aware of, and equipped to effectively identify, assess, and manage risks;
• Researches the various risk factors that might affect the gaming industry and in turn the Maltese jurisdiction and the Authority;
• Liaises 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;
• Assists from a risk perspective in the training of staff in different facets and roles;
• Provides regular activity updates as directed by your superiors;
• Carries out any other duties/tasks as directed by the Director – Risk.
Technical/Professional Expertise
• In possession of a first degree or equivalent (MQF Level 6) in Risk Management, Business, Management, Finance or a related discipline;
• A minimum of two (2) years working experience in a related area and role. Candidates with longer working experience relevant to the role will be preferred;
• Demonstrates a deep understanding of risk management principles, internal controls, and business processes, applying this knowledge to proactively manage risks;
• Qualifications in risk management are not mandatory, but shall be considered an asset;
• Possession of relevant experience in the gaming industry and, or familiarity with the gaming regulatory framework shall be considered an asset;
• Thinks analytically, is highly motivated and with good leadership, communication and organisational skills;
• Ability to work collaboratively in a team, manage multiple engagements, and thrive in a fast-paced environment;
• Takes ownership of own responsibilities, demonstrating motivation, professionalism, and excellent communication skills;
• Demonstrates critical thinking, strong analytical abilities, and exceptional numerical skills, with a keen eye for detail;
• Organises and presents findings and recommendations clearly and constructively, both in written reports and verbal communication.