Analyst

Application Closes: 12/08/2026

Job Description

Role: Analyst

Function: Chief Risk Officer

Department: Financial Risk

Section: Market and Non-Trading Risk

Reports to (Role): Senior Manager

Job Summary

Overall Purpose:

This role supports the independent oversight, challenging, and monitoring of the Bank’s Market Risk exposures and liquidity position. The role requests a particular focus on Interest Rate Risk in the Banking Book (IRRBB) and Credit Spread Risk in the Banking Book (CSRBB), ensuring compliance with applicable regulatory requirements, including EBA, ECB, SRB and MFSA expectations. The position involves close interaction with Treasury, Finance, ALM, Regulatory Reporting, Internal Audit and external regulators.

Key Responsibilities

The job holder will be responsible for:

• Framework & Oversight
  • Acting as an independent 2LoD challenger to the First Line of Defence (1LoD) by reviewing and assessing Market Risk, IRRBB, CSRBB identification and liquidity, measurement and management frameworks.
  • Performing annual reviews and updates of market risk-related policies and methodologies to ensure alignment with EBA IRRBB Guidelines, ECB expectations and MFSA/SRB requirements.
  • Acting as a key point of contact for internal audits, external audits and regulatory inspections.

• Monitoring & Limit Management
  • Monitoring Market Risk and liquidity risk metric, namely the IRRBB/CSRBB metrics, LCR, NSFR, funding concentrations, and Risk Appetite limits including EVE, NII sensitivities, supervisory outlier tests and internal limits.
  • Maintaining dashboards and management information.
  • Supporting the timely delivery of regulatory and supervisory exercises including ICAAP, ILAAP linkages and ad-hoc regulatory requests.

• Stress Testing & Analysis
  • Supporting the development, execution and review of market risk and liquidity, IRRBB stress testing scenarios and sensitivity analyses (including EU-Wide ECB Stress Testing).
  • Reviewing assumptions, models and results.
  • Assessing the robustness of management actions under stress conditions.

• Reporting & Stakeholder Management:
  • Preparing high-quality market risk and IRRBB/CSRBB reports for ALCO, Risk Committee, Executive Committee and the Board.
  • Contributing to senior management and regulatory submissions.
  • Engaging constructively with internal and external stakeholders including the JST and SRB.

In addition to the specific functions, management may assign more duties as required for the job from time to time.

Attitude

• Positive and proactive attitude towards continuous improvement and effective challenge.
• Professional integrity, ownership and accountability in delivering supervisory-grade outputs.
• Strong analytical mindset with high attention to detail and accuracy.

Required Criteria

Previous proven work experience of three (3) years in Risk Management, Treasury or a related area, and an MQF Level 5 Award in Finance, Economics, Banking or a related qualification.

OR

Previous proven work experience of four (4) years in Risk Management, Treasury or a related area.

OR

Previous proven work experience of one (1) year in Risk Management, Treasury or a related area, and an MQF Level 6 Bachelor’s Degree in Finance, Economics, Banking or a related field.

In our process of shortlisting candidates for the vacancy, please note that preference may be given to candidates whose profiles best align with the requirements and responsibilities of the role.

Applicants are required to satisfy the Bank’s minimum eligibility criteria of four (4) O’Levels at Grade 5/C or higher, including English Language, in addition to any role‑specific requirements outlined above. This requirement shall not apply where applicants are already in possession of an MQF Level 6 Degree or higher.

Here’s what’s in it for you:

• This Position offers an attractive remuneration package.
• Bank Holidays and additional vacation leave days over and above the statutory entitlement
• Free basic health insurance
• Relocation assistance and packages for expats joining the bank
• Accredited 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
• Voluntary Occupation Pension Scheme (VOPS)
• Guarantee of working with an Equal Opportunities Employer as certified by the NCPE
• A budget dedicated to your children’s summer school costs

At BOV Group, we prioritise integrity, ethical behaviour and a strong work ethic. These principles form the foundation of the Bank’s core values: sustainability, excellence, innovation, integrity, and inclusion. All employees are expected to adhere to the Code of Conduct & Ethics, which outlines the standards for professional and personal behaviour. Commitment to these principles is essential for maintaining the BOV Group’s reputation and ensuring a positive, productive work environment. All employees are also expected to demonstrate accountability, integrity, and sound judgement in the identification, monitoring, management, and mitigation of risks. Employees must act in accordance with the Bank’s Risk Appetite Framework and are aware of the requirements set out within the Risk Management Framework, ensuring that risk considerations are embedded in their day-to-day decision-making and activities.

The Bank ensures a fair, transparent, consistent and non-discriminatory treatment of employees on the basis of gender, gender identity, 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.