Job Description

At Ballinger & Co., we specialize in providing Foreign Exchange risk management and trading services to financial institutions and corporate clients worldwide. Our commitment to excellence and innovation drives us to achieve remarkable results for our clients while ensuring a stable and dynamic financial future for our organization.

If you are passionate about strategic risk management, we invite you to join us at Ballinger as our Risk Officer in Malta. Together, we will continue to grow and succeed as leaders in the financial industry.

Are you ready to take on a pivotal role in managing the financial operations of our Group? Ballinger Group in Europe is seeking a skilled Risk Officer to join our team. As the Risk Officer, you will oversee the Risk Function for our two entities in Malta. Your expertise will be instrumental in managing risk and ensuring compliance with all regulatory requirements. This role offers an exciting opportunity for a risk professional to play a pivotal role in shaping the risk management function within a leading financial institution. If you have a strong regulatory understanding and a strategic mindset, we encourage you to apply.

Why Join Us?

At Ballinger Group, we value innovation, collaboration, and excellence. As a Risk Officer, you will have the opportunity to play a pivotal role in shaping the risk and financial landscape of our organisation. We offer a dynamic and inclusive work environment that encourages professional growth and provides the resources and support you need to succeed.

Requirements

Key Responsibilities:

As the Risk Officer, your responsibilities will encompass:

• Develop, implement, and maintain the risk management framework in line with regulatory and internal requirements.
• Conduct risk assessments, scenario analysis, and stress testing to evaluate financial, operational, credit, market, and operational resilience risks.
• Identify, assess and mitigate financial risks, including credit risk, liquidity risk, counterparty risk, and foreign exchange risk in line with internal Risk Management guidelines/limits/ policies and procedures.
• Ensure compliance with MiFID II risk management requirements and oversee adherence to regulatory expectations.
• Provide independent risk oversight and provide challenges on risk-taking activities.
• Monitor key risk indicators (KRIs) and ensure timely escalation of emerging risks.
• Oversee compliance with DORA, ensuring digital operational resilience across all functions.
• Continue to develop and enhance operational risk management practices, including incident management and business continuity planning.
• Liaise with regulators, auditors, and all internal stakeholders to ensure transparent risk reporting.
• Collaborate with senior management to embed a strong risk culture across the organisation.
• Oversee and enhance risk policies, procedures, and controls.
• Perform due diligence on third-party service providers and counterparties to assess potential risks.
• Lead the risk reporting process, preparing reports for executive management and board committees.
• Monitor Margin Requirements and conduct pre-trade analysis to estimate the impact of a trade on margin requirements and capital requirements.
• Communicate with clients during margin calls and follow up until margin calls are settled.

Reporting and Collaboration:

Report to the CEO and work closely with the Group Head of Risk to ensure seamless coordination and alignment of risk and financial strategies.

Skills and Capabilities:

To excel in this role, you should have:

• Bachelor's or Master’s degree in Finance, Economics, Risk Management, or a related field.

• Professional certifications such as FRM, PRM, CFA, or equivalent are highly desirable.

• Minimum 4 years of experience in risk management within a financial institution, investment firm, or MiFID-regulated entity.

• Strong knowledge of MiFID II regulatory framework, DORA, and risk management best practices.

• Experience in market risk, operational risk, operational resilience, and credit risk assessment methodologies.

• Familiarity with regulatory reporting requirements and financial risk models.

• Proficiency in risk management tools.

• Strong analytical, problem-solving, and decision-making skills.

• Excellent communication and stakeholder management abilities.

• Ability to work in a fast-paced and dynamic regulatory environment

• Professional certifications such as FRM, PRM, CFA, or equivalent are highly desirable.

• Experience working with regulatory bodies, including the MFSA or equivalent.

• Understanding of financial instruments, trading strategies, and risk mitigation techniques.

• Expertise in operational resilience, IT risk management, and business continuity planning.

• Effective communication and interpersonal abilities to build and maintain both internal and external relationships.

Benefits

We offer a competitive salary package, which includes comprehensive benefits such as:

• Health insurance coverage for you and your dependents
• Life and critical illness cover
• Performance-based bonuses and incentives
• Professional development opportunities to support your growth
• A collaborative and inclusive work environment that values your contributions

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