Network Management Department
(Full Time/Indefinite)

Sparkasse Bank Malta plc is a licensed Credit Institution that provides corporate banking, private banking, investment services and custody/depositary services.

As a result of our continous growth, we are seeking to employ a Senior Oversight Officer to join our Network Management Team.

Main duties of the role:
  • Handle due diligence exercises performed on the Bank by its service providers, customers and relevant parties;
  • Perform third-party compliance and assessments (due diligence and risk assessments) in line with the Bank’s third-party risk strategy, review responses and supporting the onboarding process;
  • Obtain the necessary approvals for the appointment of third-party service providers and handle the internal governance procedures in liaison with various internal stakeholders; 
  • Attend meetings between third party service providers and the Bank for observation purposes, specifically to identify any areas that require internal escalation or further assessment;
  • Perform ongoing monitoring including external audits or reviews on third party service providers as necessary and in line with Bank’s policy; 
  • Ensure Third-Party Operational and Digital Operational Resilience;
  • Oversee and assist in the reporting process for unauthorized overdrafts and credit facilities;
  • Provide support in the preparation of monthly credit reviews and credit proposals and ensure their timely completion and reporting to the Credit Review Committee or Board of Directors, as applicable;
  • Preparation of agreements and other necessary paperwork related to Credit facilities;
  • Set up of credit products in the core banking system and quarterly update of debit interest rate;
  • Annual review of loans and bank guarantees and renewal of overdraft facilities;
  • Internal and external communications relevant to the Bank’s credit products;
  • Assist with audit requests, compliance reviews, preparation of the department’s risk register and other internal and external regulatory requests.

Education & Requirements:
•    Bachelor’s in Business, Finance or Risk Management;
•    Minimum three years of experience in the Maltese financial services industry;
•    A good understanding of the EU Financial services regulations is considered an asset;
•    Hands on experience in third-party risk management, data protection and DORA will be considered an asset;
•    Strong command of written and verbal English;
•    Strong analytical and communication skills;
•    Highly organized, able to manage multiple projects in parallel;
•    Self-driven, team player with strong interpersonal skills.

Continuous on the job training provided. 

An attractive remuneration package is offered to the right candidate, including - career development and growth, Savings plan, health insurance, free parking and forming part of a talented, dedicated team and Bank.

Curricula Vitae to be submitted at: HR@Sparkasse-Bank-Malta.com
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