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BO

Senior Manager - Recovery & Resolution

Bank of Valletta plc
Posted 2 hours ago
📦Relocation support
🇲🇹Malta
📁Finance
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Application Closes: 31/07/2026

Job Description

Role: Senior Manager

Function: Chief Risk Officer

Department: Financial Risk

Section: Recovery & Resolution

Sub Section: N/A

Reports to (Role): Head

Job Summary

Overall Purpose:

The Senior Manager within the Recovery and Resolution Unit (RRU) is accountable for the governance, coordination and continuous enhancement of the Bank’s Recovery Plan and Resolution-related frameworks. The role focuses on ensuring the Bank’s preparedness for stress scenarios, supporting the development of credible recovery options to the Joint Supervisory Team (JST) and coordinating resolution-related submissions to the Single Resolution Board (SRB). The position is responsible for overseeing submissions to the regulator, ensuring consistency, completeness and alignment with regulatory expectations, and for providing guidance to Analysts and Senior Analysts within the unit. The role also involves close engagement with senior stakeholders, including Treasury, Finance and senior management as well as supervisory authorities.

Key Responsibilities

The job holder will be responsible for:

  • Defining, maintaining and enhancing the Recovery Plan framework, ensuring that recovery options are credible, operationally feasible and aligned with regulatory expectations and internal governance standards.
  • Coordinating and overseeing resolution-related submissions to the SRB, ensuring completeness, accuracy and consistency of data and narrative, and supporting ongoing interactions related to resolvability assessments.
  • Overseeing the preparation and submission of Recovery Plan documentation to the JST, including stress scenarios, recovery indicators and management actions.
  • Providing direction on recovery stress scenarios, reverse stress testing and the assessment of recovery capacity, ensuring alignment with ICAAP/ILAAP and supervisory expectations.
  • Ensuring high-quality reporting to senior management, Risk Committee and Board on recovery and resolution matters, providing clear insights on preparedness and key risks.
  • Providing day-to-day guidance, review and coaching to Senior Analysts and Analysts, ensuring high-quality outputs and consistency in methodologies.
  • Leading key initiatives related to recovery and resolution planning, including regulatory enhancements, process improvements and cross-functional coordination.
  • Communicating internally and externally any matters related to RRU.
  • Responding to queries, through calls as well as meetings and shall also act as a reference point for RRU.
  • Dealing with JST / SRB queries related to recovery and resolution related submissions.
  • Attending and presenting to ALCO, RC and Board of Directors (and related sub-committees) when asked by the Head.
  • Participating in workshops and initiatives related to resolution.

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

Attitude

  • High level of accountability and ownership for end-to-end risk oversight and governance.
  • Professional integrity and credibility required for Committees, Board and regulatory engagement.
  • Strong critical thinking and decision-making capabilities under complex environments.

Required Criteria

Previous proven work experience of six (6) years in Risk Management, Recovery Planning, Resolution Planning or a related area, two (2) years of which managing a team, project or initiative, and an MQF Level 6 Award in Finance, Economics, Banking or related discipline or equivalent professional qualification.

OR

Previous proven work experience of eight (8) years in Risk Management, Recovery Planning, Resolution Planning or a related area, two (2) years of which managing a team, project or initiative.

OR

Previous proven work experience of four (4) years in Risk Management, Recovery Planning, Resolution Planning or a related area, two (2) years of which managing a team, project or initiative, and an MQF Level 6 Bachelor’s Degree in Finance, Economics, Banking or related discipline 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 duties 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.

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.

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