Risk & Compliance Lead

Job Title: Risk & Compliance Lead (MFSA PQ)

Location: Malta (hybrid)

Employment Type: Full-time, permanent

Role Overview

We are seeking an experienced and commercially minded Risk & Compliance Lead to join the Xace Group. This is a senior manager-level role with responsibility for leading and embedding the company's risk management and compliance frameworks.

This role is suited to an individual with strong fintech or financial services experience who is confident operating autonomously while partnering closely with senior leadership and the Board. This is a hands-on role where you will work directly with department heads and their teams to identify, measure and document risk across all risk types.

You will actively support the remediation and compensating controls for those risks in line with our framework. Alongside this you will oversee BAU compliance responsibility for our Malta entity.

You will take ownership of an established risk framework, as well as policies and risk register and drive them forward across the business, keeping them current as the business and regulatory landscapes evolve, and report quarterly to the Board on risk exposure across the Xace Group.

Key Responsibilities

Risk Management

• Identify and assess risk across all risk types including operational, strategic, environmental, compliance and technology risk.
• Work directly with department heads and their teams to guide and support risk assessments while building risk awareness and capability across the business.
• Own and maintain the group risk register, risk appetite statements and control effectiveness reviews ensuring they accurately reflect current exposures across all group entities.
• Support teams in implementing remediation and compensating controls for identified risks.
• Own the risk policy suite while driving continuous improvement in response to corrective actions, audit findings and regulatory change.
• Report quarterly to the Board on risk exposure, key risk indicators and mitigation progress across the Xace Group.
• Support internal audit and regulatory inspections as required.

Compliance

• Monitor and assess the adequacy and effectiveness of the measures and procedures put in place to meet the company's regulatory obligations.
• Maintain and continuously enhance the compliance framework for Xace Malta Limited in line with MFSA requirements.
• Ensure policies, procedures and controls remain compliant with applicable legislation including conduct and prudential requirements.
• Serve as the primary point of contact with the MFSA while managing regulatory submissions, reporting and inspections.
• Monitor regulatory developments in Malta and across applicable EU frameworks while assessing impact and advising the business on required actions.
• Record all identified breaches in writing together with the resulting action taken.
• Work closely with the MLRO and financial crime function on AML/CFT matters relevant to compliance.

Jurisdictions and Regulatory Scope

• This role covers risk management across our regulated sister companies under a single consistent group risk framework. You will apply and maintain this framework across all entities ensuring a unified approach to risk identification, assessment and reporting.

• Familiarity with the following regulatory frameworks is desirable though not essential:

• • United Kingdom (FCA)
  • Malta (MFSA)
  • Cyprus (CBC)
  • Canada (FINTRAC)

 

What We Offer

• Competitive salary of €65,000–€80,000 depending on experience.
• Opportunity to grow the risk function as the business and its regulated entities expand
• Direct exposure to senior leadership and Board.
• Dynamic, fast-paced environment with strong growth ambitions.
• Hybrid and flexible working arrangements.
  
  

Note

Appointment to this role is subject to successful MFSA PQ approval. The successful candidate must meet all regulatory fitness and properness requirements.