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Published 2023-08-26

Risk Correspondent – Digital

Type of job: Remote
Country: Malta
City: Valletta
Company: Bank of Valletta plc

Description of the offer

Bank of Valletta p.l.c. is seeking to recruit a Digital Risk Correspondent within the Digital Presence section under the responsibility of the Chief Digital Officer.


The Risk Correspondent acts as the business risk management champion to ensure that all risk and regulatory requirements for the Digital area are delivered in accordance with BOV risk policies / frameworks. This is a critical first line of defence role supporting business executives in understanding the business risk profile and facilitating corrective actions to ensure that risk is maintained within risk appetite.

What will you be doing?

· Work with all the Digital areas to embed the Bank’s risk/compliance management processes within the remit of the Chief Digital Officer.

· Work with Risk and Compliance departments to ensure that risk and compliance assessments are conducted regularly.

· Create and track action plans where a control requires improvement or has failed testing.

· Develop KRI measures for the Digital area and providing results to Risk and Compliance departments monthly, in accordance with agreed deadlines.

· Provide training and support to the Digital area on risk reporting requirements.


What should you have?

  • At least three (3) years previous experience in an Audit, Risk or Compliance environment;
  • A good track record of working and liaising effectively with business/support users at different levels of seniority.

Preference will be given to applicants:

  • Having experience of implementing risk management processes and risk mitigation strategies;
  • In possession of an MQF Level 6 Degree in Risk Management or related area;
  • In possess of qualifications in Risk Management.


What’s in it for you?

Joining our team comes with a lot of benefits! Here’s what you, as an employee will enjoy.

· An attractive remuneration package

· Bank Holidays and additional vacation leave days over and above the statutory entitlement

· Health insurance covering the employee, spouse/partner and any dependents

· Relocation assistance and packages for expats joining the bank

· Accredited and recognized 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

· Exemption from the yearly fees on credit cards, internet banking, etc

· A newly launched Voluntary Occupation Pension Scheme (VOPS)

· An Equal Opportunities Employer as certified by the NCPE

· Remote working to achieve a work-life balance

· A budget dedicated to your children’s summer school costs

Shortlisted candidates will be requested to attend an interview.


Interested candidates are requested to send a detailed Curriculum Vitae (CV) on resourcing-digital@bov.com, including the vacancy title in the subject field.

Applications are to be received by e-mail by not later than 5th September 2023. All applications will be acknowledged and treated in strictest confidence. Late applications, received by post or in any other manner, will not be considered.

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.

Following your application for employment, the Bank shall process information provided by you solely in order to process your application.

If your application is unsuccessful, the Bank may keep your personal data on file for a period up to six months post the time when the post applied for was filled. Your information will only be used to identify any future employment opportunities within the Bank of Valletta Group for which you may be suited.

You are free to withdraw your application and your consent to the retention of your personal data, at any time. For further information, please read our privacy notice which can be found on our website (https://www.bov.com/content/privacy).

How to apply?

Click on the button to get the company email or employment application form.
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