CareerFinders, on behalf of our client, an expanding CySEC Licensed Investment Firm with offices in Limassol, we are seeking to recruit an Assistant Risk Manager to join their growing team based in Limassol. Reporting to the Head of Risk, the successful applicant will play a key role in the identification, remediation, communication and escalation of operational risk, credit risk, market risks, reputational risks, information security, strategic and fraud risk for the Company. You will need to possess approximately 2+ years of previous experience in a relevant Risk, Compliance and/or Internal Audit related role, ideally within a CySEC Regulated Investment Firm or similar regulatory environment and have experience and understanding of regulatory capital, including the ICAAP, ILAAP, ICARA and stress testing. Our client is able to offer Hybrid working conditions to the successful applicant.

Key Duties/Responsibilities:

• Support with the development and integration of the Risk Management Framework, Risk Appetite Statements and other Risk Policies and Procedures across the various business activities and functions of the group.
• Support the risk team with the bottom-up risk mapping process (RCSA) across the various business activities/functions of the group as well as the top-down risk mapping process.
• Assist with developing the group’s control environment, leading to an enhanced risk and control approach.
• Help and support the integration and configuration of the Third-Party Risk Management framework, to ensure consistency with local processes.
• Documentation of Reports following reviews and monitoring any remediation activity.
• Work with the group risk team to assist in the identification of emerging risks and correlations.
• Identify, monitor, communicate and assess the impact of emerging risks and regulations and support the implementation of pragmatic and commercial solutions.
• Assist in establishing a comprehensive risk reporting system/process.
• Ensure reporting is continuously developed, accurate and produced to time, to the appropriate audience.

Key Skills/Experience:

• Approximately 2+ years’ of experience within a CySEC regulated firm or another similar regulatory environment in a relevant role (Risk, Compliance, Internal Audit).
• Experience and understanding of regulatory capital, including the ICAAP, ILAAP, ICARA and stress testing.
• Ability to understand the concepts of risk management.
• Experience of undertaking Third Party reviews would be advantageous.
• CySEC Advanced certification holder.
• Ability to work within a matrix management structure and international environment.
• Attention to detail and strong organisational skills.
• Strong work ethic.
• Good interpersonal and skills, able to interact with people at all levels both face to face, on the telephone and in writing.
• Experience presenting to senior management, Board, Committees and producing high quality documentation.
• Ability to work on multiple projects simultaneously and responding to immediate incidents.
• A calm and methodical approach to troubleshooting issues in a pressured environment.

To apply for this vacancy, please send your CV, along with any covering letter to jobs@careerfinders.com.cyquoting the reference number CAR6506. Please note that due to the high volumes of applications received only shortlisted applicants will be responded to. By sending us your CV you are giving CareerFinders your consent to be contacted for this and any other suitable vacancies that we believe match your skills and experience. To view our privacy policy, please click www.careerfinders.com.cy/privacy-policy.