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About the Function / Department

The Supervisory Quality Assurance (SQA) Function acts as a key contributor in the development of a quality-focused culture across the MFSA&rsquo;s Functions that fall within scope of its remit. As part of the Second Line of Defence, SQA&rsquo;s primary activities focus on the review of processes being followed by such functions that are within scope, with the aim of safeguarding and enhancing the quality of their processes and activities, as well as of the resultant deliverables.&nbsp;

In this regard, SQA places emphasis on ensuring that consistency, effectiveness, efficiency and timeliness of the relevant processes and outputs are achieved to the greatest possible extent across the board. SQA is also responsible for identifying emerging risks and deficiencies in the internal supervisory processes and offer recommendations to address shortcomings.

SQA ultimately provides assurance to management that the Authority&rsquo;s processes and deliverables are aligned with international best practice and European Supervisory Authority standards, as well as with the Authority&rsquo;s Strategic Priorities.

&nbsp;

About Role&nbsp;

As a Junior Assistant&nbsp;within the SQA Function, you will have responsibility for the following principal accountabilities:

<ul>
	<li>Preparation and administration of supervisory quality assurance reviews of a horizontal nature, covering processes across the different financial sectors that are regulated by the Authority;</li>
	<li>Assisting in the review of supervisory and enforcement functions&rsquo; internal processes and procedures;</li>
	<li>Following up and supporting functions to address any issues identified during the course of such reviews;</li>
	<li>Networking in a collaborative manner with various stakeholders across the Authority;</li>
	<li>Participating in various fora and working groups;</li>
	<li>Other one-off projects and tasks as required by day-to-day exigencies.</li>
</ul>

This role enables the successful candidate to gain an excellent insight into the regulatory landscape and supervisory practices that apply across the different financial services sectors that are regulated by the MFSA, thereby giving the successful candidate the opportunity to broaden knowledge of financial services in general, with emphasis on the supervisory perspective.

&nbsp;

About You

We are looking to engage a student at tertiary level of education who is keen to lay the foundations for a career in financial services regulation. The ideal candidate must therefore be in the process of completing an undergraduate degree in Financial Services, Accountancy, Business Management, Finance or similar at MQF Level 6, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC).&nbsp;

The following will be considered as key attributes which will be instrumental for the purposes of establishing or consolidating the successful candidate&rsquo;s professional career path:

<ul>
	<li>Keen to apply acquired academic knowledge in practice, to help the team achieve the function&rsquo;s goals;</li>
	<li>Excellent collaboration skills;</li>
	<li>Observant, sharp and ready to challenge or offer their views and / or alternative solutions;</li>
	<li>A keen and attentive eye to detail;</li>
	<li>Good communication skills, both written and verbal;</li>
	<li>Good report writing skills;</li>
	<li>Focus on delivery of objectives within timeframes;</li>
	<li>Knowledge of MS tools.</li>
</ul>

&nbsp;

Other important information&nbsp;

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.&nbsp;

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.&nbsp;

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt.&nbsp;

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&rsquo;s appointment liable to termination.&nbsp;

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.&nbsp;

Public Call Permit:&nbsp;583/2024

About the Function / Department

The Supervisory Quality Assurance (SQA) Function acts as a key contributor in the development of a quality-focused culture across the MFSA&rsquo;s Functions that...

Junior Assistant - Supervisory Quality Assurance

About Financial Stability

The Financial Stability function is responsible for identifying and assessing risks which have the potential to spread within the financial sector and the real economy (systemic risks). Through its own macroprudential research and analysis of the financial sector, which covers the banking, insurance and securities sectors, the function contributes to the formulation of policies aimed at mitigating identified risk.

&nbsp;

The Role

As a junior analyst you will be assigned to carry out work which will include the following duties:

<ul>
	<li>carrying out market-wide research and analysis;</li>
	<li>collecting, processing and performing data analysis and financial modelling of data;</li>
	<li>development and maintenance of business intelligence dashboards, visuals and reports;</li>
	<li>prepare analytical reports/technical papers, both for internal and publications purposes;</li>
	<li>attending and assisting in technical meetings organized within the MFSA as well as at national and European level, and</li>
	<li>undertaking other tasks/duties, including ad-hoc studies, as directed by line management.</li>
</ul>

&nbsp;

About You

We are looking for candidates with strong academic background in statistics, mathematics, finance, economics or other relevant studies at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable.

Candidates with experience of working with business intelligence tools, such as MS PowerBI, and who have knowledge of programming languages and data analysis packages, such as R, Python, or SQL, will be considered as an asset.

If you do not have the necessary academic or professional qualifications but you have at least five (5) years of relevant experience in a similar role, we would still be interested in speaking with you.

<a name="_Hlk173491735">The selected candidate is expected to be a confident individual who feels at ease working in a multidisciplinary environment, is flexible, proactive, dynamic, has the ability to prioritise tasks, has a critical and analytical mind-set and a high attention to detail even when under time pressure. The individual is also required to demonstrate good research and have good verbal, written and presentation skills.</a>

&nbsp;

Other Information

The selected candidate will be given opportunities to learn and be trained for the role, through various mechanisms which the Authority holds, such as, the Financial Supervisors Academy and also on the job training.

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage&nbsp;<a href="http://www.mfsa.mt">www.mfsa.mt</a>.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&rsquo;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Public Call Permit: 557/2023

&nbsp;

About Financial Stability

The Financial Stability function is responsible for identifying and assessing risks which have the potential to spread within the financial sector and the real economy...

Junior Analyst (Market Research and Analysis)

About the Department

The regulation and supervision of professional trustees and other fiduciaries as well as company service providers falls within the remit of the MFSA and in fact the MFSA has a specific function designated with the responsibility for the authorisation as well as the supervision of both sectors. The function&#39;s main objective is to ensure that licensed trustees and fiduciaries and company service providers have the appropriate structures and systems in place to service clients adequately whilst at the same time preserving their reputation as well as Malta&#39;s reputation, taking into account our international commitments. Persons wishing to provide such services must therefore satisfy fitness and propriety requirements which are assessed at application stage prior to being granted authorisation to carry out the activities of trustees and company service providers.&nbsp; Following authorisation, a mixture of tools are utilised with respect to supervision, consisting of both onsite inspections as well as offsite reviews, analyses and assessments, to ensure that the expected standards continue to be adhered to on an ongoing basis.

&nbsp;

About the Role

Within this role you will be joining the Trustees and Company Service Providers Supervision Function which is responsible for the review of applications of trustees and company service providers the assessment of key officials requiring approval by the MFSA as well as the ongoing supervision of the conduct of respective licence holders.

Your work will include any of the following tasks aimed at verifying that authorised trustees and company service providers are meeting the requirements of the Trusts and Trustees Act, the Company Services Providers Act and the relevant rules and regulations issued thereunder, as applicable:

<ul>
	<li>Supporting the Head and/or Deputy Head of Function in designing the yearly workplan of the function,</li>
	<li>Supporting the Head and/or Deputy Head of Function with coordination and oversight of the yearly schedule of onsite inspections and thematic reviews, as necessary, as well as yearly offsite review projects,</li>
	<li>Participating and taking leading role as necessary, in the onsite inspections of trustees and company service providers,</li>
	<li>Maintaining, or providing support and oversight in relation to matters relating to the trusts beneficial ownership register and any related supervisory work,</li>
	<li>Participating in the analysis of data to help identify the highest risks and prioritise the work of the Function,</li>
	<li>Acting as point of reference for more junior staff members in carrying out of their respective duties,</li>
	<li>Handling planned or reactive supervisory issues that arise on a day-to-day basis,</li>
	<li>Taking decisions with minimal guidance and acting on own initiative, in line with delegated authority and escalating issues outside her/his remit and area of responsibility,</li>
	<li>Providing direct input into the management and development of direct reports.</li>
</ul>

&nbsp;

About You

We are looking for candidates who are eager to join an enthusiastic team with a passion for compliance. You&nbsp;should have a solid academic background in Law, Banking &amp; Finance or any other related area, to increase the current pool of internal expertise in the Trustees and Company Service Providers Supervision Function.

Experience and/or or background knowledge related to trust management and company service providers will be considered as an asset for this role.

The ideal applicant should demonstrate the following skills/experience:

<ul>
	<li>Self-driven and ability to meet deadlines;</li>
	<li>Interest in financial services;</li>
	<li>Attention to detail and strive for quality and accuracy of the work;</li>
	<li>Highly organised;</li>
	<li>Strategic thinking;</li>
	<li>Ability to take a leading role and carry out independent research;</li>
	<li>Excellent time management skills and ability to adapt to changing priorities as may be necessary;</li>
	<li>Ability to maintain good working relationships with other team players and with the industry in general; and</li>
	<li>Excellent verbal and written communication skills.</li>
</ul>

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.&nbsp; You will also possess a minimum of seven (7) years working in the area of financial services and/or compliance with financial services regulation for a number of years.&nbsp;

If you do not have the necessary academic or professional qualifications but you have at least thirteen (13) years of relevant experience in the area of financial services and/or compliance with financial services regulation, we would still be interested in speaking with you.

&nbsp;

Other Information

The selected candidate will be given opportunities to learn and be trained for the role, through various mechanisms which the Authority holds, such as, the Financial Supervisors Academy and also on the job training.

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage&nbsp;<a href="http://www.mfsa.mt">www.mfsa.mt</a>.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&rsquo;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Public Call Permit: 1026/2024

About the Department

The regulation and supervision of professional trustees and other fiduciaries as well as company service providers falls within the remit of the MFSA and in fact the MFSA has...

Manager (Trustees & CSPs Supervision)

About the Department

The regulation and supervision of professional trustees and other fiduciaries as well as company service providers falls within the remit of the MFSA and in fact the MFSA has a specific function designated with the responsibility for the authorisation as well as the supervision of both sectors. The function&#39;s main objective is to ensure that licensed trustees and fiduciaries and company service providers have the appropriate structures and systems in place to service clients adequately whilst at the same time preserving their reputation as well as Malta&#39;s reputation, taking into account our international commitments. Persons wishing to provide such services must therefore satisfy fitness and propriety requirements which are assessed at application stage prior to being granted authorisation to carry out the activities of trustees and company service providers.&nbsp; Following authorisation, a mixture of tools are utilised with respect to supervision, consisting of both onsite inspections as well as offsite reviews, analyses and assessments, to ensure that the expected standards continue to be adhered to on an ongoing basis.

&nbsp;

&nbsp;About the Role

Within this role you will be joining the Trustees and Company Service Providers Supervision Function which is responsible for the review of&nbsp;applications of trustees and company service providers, the assessment of key officials requiring approval by the MFSA, as well as the ongoing supervision of the conduct of respective licence holders.&nbsp;

Your work will include any of the following tasks aimed at verifying that authorised trustees and company service providers are meeting the requirements of the Trusts and Trustees Act, the Company Services Providers Act and the relevant rules and regulations issued thereunder, as applicable:

<ul>
	<li>Supporting the Head and/or Deputy Head of Function in designing the yearly workplan of the function;</li>
	<li>Coordinating and overseeing the yearly schedule of onsite inspections and thematic reviews, as necessary, as well as coordinating yearly offsite review projects;</li>
	<li>Leading and participating in the onsite inspections of trustees and company service providers where necessary;</li>
	<li>Leading and participating in the any thematic reviews undertaken at authorised trustees and CSPs;</li>
	<li>Maintenance of, or providing support and oversight in relation to matters relating to the trusts beneficial ownership register and any related supervisory work;</li>
	<li>Participating in the analysis of data to help identify the highest risks and prioritise the work of the Function;</li>
	<li>Mentoring more junior staff members in carrying out of their respective duties;</li>
	<li>Handling planned or reactive supervisory issues that arise on a day-to-day basis, and coordinating with other team members;</li>
	<li>Taking decisions independently and acting on own initiative&nbsp;in line with delegated authority and escalating issues outside her/his remit and area of responsibility;</li>
	<li>Assuming responsibility for the management and development of direct reports.</li>
</ul>

&nbsp;

About You

We are looking for candidates who are eager to join an enthusiastic team with a passion for compliance. You&nbsp;should have a solid academic background in Law, Banking &amp; Finance or any other related area, to increase the current pool of internal expertise in the Trustees and Company Service Providers Supervision Function.

Experience and/or or background knowledge related to trust management and company service providers will be considered as an asset for this role.

The ideal applicant should demonstrate the following skills/experience:

<ul>
	<li>Self-driven and ability to meet deadlines;</li>
	<li>Interest in financial services;</li>
	<li>Attention to detail and strive for quality and accuracy of the work;</li>
	<li>Highly organised;</li>
	<li>Strategic thinking;</li>
	<li>Ability to take a leading role and carry out independent research;</li>
	<li>Excellent time management skills and ability to adapt to changing priorities as may be necessary;</li>
	<li>Ability to maintain good working relationships with other team players and with the industry in general; and</li>
	<li>Excellent verbal and written communication skills.</li>
</ul>

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.&nbsp; You will also possess a minimum of eight (8) years working in the area of financial services and/or compliance with financial services regulation for a number of years.&nbsp;

If you do not have the necessary academic or professional qualifications but you have at least fifteen (15) years of relevant experience in the area of financial services and/or compliance with financial services regulation, we would still be interested in speaking with you.

&nbsp;

Other Information

The selected candidate will be given opportunities to learn and be trained for the role, through various mechanisms which the Authority holds, such as, the Financial Supervisors Academy and also on the job training.

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage&nbsp;<a href="http://www.mfsa.mt">www.mfsa.mt</a>.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&rsquo;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Public Call Permit: 1027/2024

Senior Manager (Trustees & CSPs Supervision)

About the Department&nbsp;

The Investment Services Supervision Function is responsible for the authorisation and supervision of investment services licence holders and recognised persons. The Authorisation Team in particular is responsible for the processing of applications of entities proposing to carry out activities in terms of the Investment Services Act. The Investment Services Supervision Function is also involved in policy-related work.&nbsp;

 About the Role&nbsp;

As Head of Investment Services Supervision you will be responsible for:&nbsp;

<ul>
	<li>Ensuring the appropriate distribution of work tasks and the achievement of the set strategic objectives for the function;&nbsp;</li>
	<li>Coordinating and liaising with the respective regulatory and management functions and other areas of the MFSA;&nbsp;</li>
	<li>Guiding, mentoring and supporting managerial staff, analysts, and support staff within the function;&nbsp;</li>
	<li>Lead the team to develop the required analytical skills;&nbsp;</li>
	<li>Dealing with issues relating to the affairs of the department;&nbsp;</li>
	<li>Participating in recruitment, staff training, and performance appraisal processes;&nbsp;</li>
	<li>Preparing budgets for the department;&nbsp;</li>
	<li>Managing employee retention, ensuring adequate function structure and succession planning for the team;&nbsp;</li>
	<li>Maintaining policies and procedures relating to the function;&nbsp;&nbsp;</li>
	<li>Representing the function and the Authority and participating in local and international fora on any issues relating to the Investment Services Supervision Function; and&nbsp;</li>
	<li>Any other duties as assigned by the Chief Officer Supervision and as dependent on the exigencies of the MFSA.&nbsp;&nbsp;</li>
</ul>

About you&nbsp;

We are looking for candidates with solid academic background in Investments, Law, Accountancy, Banking and Finance, Economics, or in another related background. Experience related to asset management and fund structures will be considered as an asset for this role.&nbsp;

The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.&nbsp;

You will also possess a minimum of 7 years of experience in a similar role at a senior level in the area of financial services and/or compliance with financial services regulation. Candidates with longer working experience relevant to the role will be preferred.&nbsp;

If you do not have the necessary academic or professional qualifications but you have at least 14&nbsp;years of relevant experience in senior level roles, we would still be interested in speaking with you.&nbsp;

The candidate should possess the following skill set:&nbsp;

<ul>
	<li>Strong leadership and people management skills.&nbsp;</li>
	<li>Excellent communication and analytical skills.&nbsp;</li>
	<li>The ability to define priorities effectively.&nbsp;</li>
	<li>A collaborative attitude.&nbsp;</li>
</ul>

Other important information&nbsp;

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.&nbsp;

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.org.mt under MQRIC heading.&nbsp;

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt.&nbsp;

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&rsquo;s appointment liable to termination.&nbsp;

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.&nbsp;

Public Call Permit:&nbsp;565/2024

&nbsp;

About the Department&nbsp;

The Investment Services Supervision Function is responsible for the authorisation and supervision of investment services licence holders and recognised persons. The...

Head of Investment Services Supervision

About the Department

The Financial Stability function contributes to the safeguarding of the financial sector through the identification and mitigation of current and emerging risks that could potentially cause a significant strain on the soundness and resilience of the sector. A cross-sectoral approach is applied in the execution of the functions&rsquo; risk oversight and analytical responsibilities, although specific attention is given to individual or groups of institutions which have a large systemic footprint. In collaboration with other macroprudential authorities, the function also contributes to policy recommendations and implementation at&nbsp; domestic and EU level and interacts with international stakeholders &ndash; such as the ECB, ESRB, IMF and credit rating agencies in relation to their respective remit.

The Authority is formally mandated by Article 4(b) of the Malta Financial Services Authority Act to safeguard financial stability in collaboration with the Central Bank of Malta.

&nbsp;

About the Role

The key accountabilities for&nbsp;the role are set out below:

<ul>
	<li>Lead, coach and manage the financial stability team: providing direction and oversight and managing the unit`s headcount, budget, workflow and risk, while supporting talent and driving high performance;</li>
	<li>Monitor, analyse and evaluate developments the financial services sector for financial stability risks; raise the appropriate papers, presentations and risk reports, and recommend relevant policy and risk mitigation measures;</li>
	<li>Identify financial stability and systemic risks potentially or otherwise impacting the financial sector in Malta; engage with supervisory teams and other MFSA functions on the factors determining these risks, and recommend actions to address them in a timely manner;</li>
	<li>Undertake research and macro economic modelling, using quantitative and qualitative methods, supporting the team on scope determination, model design and eventual delivery of final outputs;</li>
	<li>Ensure active participation in national and EU fora in relation to financial stability matters and assist/contribute to the ongoing development of the macroprudential policy framework at national and European level;</li>
	<li>Deliver on the strategic objectives and priorities of the MFSA, engaging and leading direct reports and other stakeholders to coordinate the timely and successful delivery and quality of outputs;</li>
	<li>Coordinate and support MFSA meetings with credit rating agencies, IMF and other external stakeholders, acting as a point of reference for the MFSA in liaison with senior officials, and providing quality inputs on financial stability and macro-prudential matters.</li>
	<li>Work collaboratively with other units with the MFSA, notably supervisory units and data management teams;&nbsp;</li>
	<li>Undertake any other duties and assignment delegated by Chief Officer/Senior MFSA executives in line with the unit&rsquo;s remit and/or the Authority`s exigencies.</li>
</ul>

&nbsp;

About You

We are looking for candidates with solid academic background in Economics, Statistics or other related background which may be considered relevant for this post. The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level. A post-graduate degree in a related area would be considered an asset.

You will also possess a minimum of 7 years of experience in a similar role at a senior level in the area of financial services and/or compliance with financial services regulation. Candidates with longer working experience relevant to the role will be preferred.&nbsp;

If you do not have the necessary academic or professional qualifications, but you have at least fourteen (14) years of relevant experience, we would still be interested in speaking with you.

The ideal candidate should have:

<ul>
	<li>Strong leadership qualities and behaviours&nbsp;in line with MFSA core values;</li>
	<li>Extensive knowledge/experience of macro prudential regulatory landscape and its impact on MFSA licence holders;</li>
	<li>Experience and/or exposure to regulatory reporting in areas such as stress testing, capital planning, prudential supervisory reporting, asset and liability management, climate risk, interest rate risk etc;</li>
	<li>Significant understanding of the financial services environment;</li>
	<li>Internal and external stakeholder management at all levels;</li>
	<li>Excellent written and verbal communication skills</li>
</ul>

&nbsp;

Other Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on <a href="file:///C:/Users/xuerm001/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/B2JUHQ3R/www.ncfhe.gov.mt">www.ncfhe.gov.mt</a> under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage <a href="file:///C:/Users/xuerm001/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/B2JUHQ3R/www.mfsa.mt">www.mfsa.mt</a>.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&#39;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Public Call Permit: 564/2024

About the Department

The Financial Stability function contributes to the safeguarding of the financial sector through the identification and mitigation of current and emerging risks that could...

Head of Financial Stability

About Department

As the Financial Services industry increasingly relies on Information and Communications Technology (ICT), innovation is being driven forward, leading to the emergence of entirely new sectors. Consequently, the importance of ICT Risk and Cybersecurity remains highly relevant.

The Supervisory ICT Risk and Cybersecurity Function forms part of the MFSA&rsquo;s Supervision Directorate. It is cross-sectorial and has been established to focus on one of the Authority&rsquo;s outlined key strategic priorities &ndash; to address ICT risks and digital finance challenges with a focus on strengthening operational resilience, within the framework of the Digital Operational Resilience Act (DORA).&nbsp;As part of its supervisory role, the portfolio of activities includes rigorous oversight to ensure that regulated firms within the industry are effectively managing their ICT risks and maintaining a resilient cybersecurity framework. This is done in accordance with applicable acts, regulations, rules, and sector-specific guidelines. The function participates and contributes in various working groups, task forces and committees at local and international levels, and develops policies and guidelines for the industry.

The Supervisory ICT Risk and Cybersecurity Function provides expert advice on ICT and Cybersecurity matters to other functions within the MFSA as required.&nbsp;It is also a contributor on emerging strategies, especially those that are technology focused.&nbsp;The function is also the contact point for cyber incident reporting by regulated firms.

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About Vacancy

The MFSA is seeking to employ a Junior Assistant within the Supervisory ICT Risk and Cybersecurity Function which plans to grow and further evolve, to continue delivering effectively on its mission.

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About Role

The selected candidate will work in a dynamic team within the Supervisory ICT Risk and Cybersecurity function.&nbsp;The role encompasses:

<ul>
	<li>The conduct of analyses arising from the various activities carried out by the function to identify any patterns and/or trends;</li>
	<li>Assisting in the development and amendment of rules and guidelines as necessary to address changes arising from EU Regulation, Directives and other EU legislative acts, national law, European Supervisory Authority policy, guidelines and market developments;</li>
	<li>The development and maintenance of operational procedures;</li>
	<li>Assisting in the preparation of reports as required;</li>
	<li>Assisting in cross-functional projects and initiatives as necessary;</li>
	<li>Assisting in the preparation of documents or position papers for submission to the Authority&rsquo;s decision-making body and/or follow up on decisions taken by the latter in relation to ICT Risk and Cybersecurity;</li>
	<li>Other duties that may be assigned by the respective line manager and/or head of function from time to time.</li>
</ul>

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&nbsp;

About You

The selected candidate will need to have embarked on an academic journey in ICT law and/or Computer Information Systems, Information Technology, or Information Security, OR in Financial Services and/or FinTech with a view to develop further in the ICT Risk and Cybersecurity aspects of Financial Services.&nbsp; Industry Certifications in ICT, ICT Risk and/or Cybersecurity would be considered an advantage.

The selected candidate is expected to be a confident individual who is flexible, proactive, dynamic, having a critical and analytical mind-set and attention to detail.&nbsp; The individual is also required to demonstrate good research and have excellent oral, written and presentation skills.

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Additional Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on&nbsp;www.ncfhe.gov.mt&nbsp;under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage&nbsp;www.mfsa.mt.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&#39;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

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Public Call Permit:&nbsp;335/2021

About Department

As the Financial Services industry increasingly relies on Information and Communications Technology (ICT), innovation is being driven forward, leading to the emergence of entirely...

Junior Assistant (Supervisory ICT Risk and Cybersecurity)

About the Department

The FinTech Supervision Function within the Supervision Directorate of the MFSA is responsible for the supervision of the Virtual Financial Asset and Financial Institutions sectors in Malta as well as providing cross-sectoral expertise on digital finance and FinTech-related policy and supervisory initiatives. The Function is also responsible for the development and implementation of the MFSA FinTech Strategy and Regulatory Sandbox.

About the Role&nbsp;

As an Analyst within the supervisory team of the FinTech Supervision Function you will be expected to:

<ul>
	<li>Provide deliverables (including for the preparation of inspection reports), implement standards, contribute to the supervision of regulatory requirements and assess financial institutions and crypto-asset service providers&rsquo; performance and risks;</li>
	<li>Take part in meetings with licence holders officials during the course of onsite inspections or in anticipation and as a follow-up to such onsite inspections;</li>
	<li>Assist the Line Manager in preparing reports for top management review;</li>
	<li>Share information and assist other sections within FinTech Supervision as well as other functions within the Authority;</li>
	<li>Supporting the authorisation and supervisory workstreams under the Virtual Financial Assets Act;</li>
	<li>Assisting a team of analysts with research and data analysis;</li>
	<li>Compiling supervisory information for statistical purposes;</li>
	<li>Coordinating with Supervisory Units, FIAU and Subject Persons;</li>
</ul>

About You&nbsp;

We are looking for candidates with solid academic background which may be considered as relevant to this post. The role calls for an academic qualification in a relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level.

You will also possess a minimum of three (3) years working experience in the area related to the role. Candidates with longer working experience relevant to the role will be preferred. If you do not have the necessary academic or professional qualifications but you have at least seven (7) years of relevant experience, we would still be interested in speaking with you.

Other Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&#39;s appointment liable to termination. 
Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

&nbsp;

Public Call No;554/2024

About the Department

The FinTech Supervision Function within the Supervision Directorate of the MFSA is responsible for the supervision of the Virtual Financial Asset and Financial Institutions...

 Analyst (Supervision)

About the Department

The FinTech Supervision Function within the Supervision Directorate of the MFSA is responsible for the supervision of the Virtual Financial Asset and Financial Institutions sectors in Malta as well as providing cross-sectoral expertise on digital finance and FinTech-related policy and supervisory initiatives. The Function is also responsible for the development and implementation of the MFSA FinTech Strategy and Regulatory Sandbox.

About the Role

You will work closely with a multi-disciplinary passionate team.

You&nbsp;will be responsible for supporting in the following areas:-

<ul>
	<li>Communication, support and customer service of internal and external stakeholders</li>
	<li>Collation, analysis, and processing of data.</li>
	<li>Ensuring data and records are kept up to date.</li>
	<li>Brainstorming, coordination, promotion and delivery of events, projects, and/or activities.</li>
	<li>Other duties according to exigencies as may be required.</li>
</ul>

About You

To qualify for this role, you will need to be currently reading for a first degree in any of the following subjects: law, banking, finance, management, accounting, economics, risk management and/or any related qualification applicable to the role.

The following skill set is a must for this position:

<ul>
	<li>The ability to multi-task and work on own initiative;</li>
	<li>The ability to work in a team;</li>
	<li>Have a good knowledge of Excel;</li>
	<li>Good verbal and written communication skills;</li>
	<li>Have a desire to learn.</li>
</ul>

Other Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage www.mfsa.mt.

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate&#39;s appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Public Call No; 961/2024

Junior Assistant

Overview

About the Function

Conduct Supervision is responsible for the setting up and implementation of the regulatory framework aiming to secure appropriate consumer protection in operations of licence holders in the financial services industry in order to ensure that clients of financial services are treated fairly, honestly, and professionally by regulated entities. The team also enacts a pre-emptive supervisory regime which addresses potential or emerging risks for financial services consumers, together with an operational regime to strengthen the responsibilities of regulated persons in treating customers fairly. Conduct Supervision assume a cross-sectorial function covering under its remit supervision in conduct of banking, insurance and pensions, investments, and funds.

About the Role

We are looking for a talented individual to join the Insurance, Pensions and Funds team. Reporting to the Deputy Head, the main responsibilities of the selected candidate are expected to be the following tasks:

<ul>
	<li>Devise and Implement a formal methodology on value for money in respect of retail products;</li>
	<li>Monitor the level of compliance (Insurance, pensions and/or retail collective investment schemes funds) by licence holders in line with their statutory and regulatory obligations emanating from their operating licences;</li>
	<li>Leading and managing the respective team;&nbsp;</li>
	<li>Participate and if necessary, lead, compliance visits and thematic reviews of licence holders;</li>
	<li>Ensure that policies and procedures are kept up to date and reflect current practices of the Conduct Function;</li>
	<li>Act as a reference point to other staff members and involve him/herself in ad hoc assignments related to specific regulatory and supervisory issues that arise;</li>
	<li>Undertaking and reporting on the outcome of the different assignments as may be appropriate and necessary;</li>
	<li>Exercise supervisory judgement in handling cases, challenging licence holders on supervisory issues and ensure that such issues are dealt with expeditiously;</li>
	<li>Keep up to date on all developments relating to new legislation, amendments to existing rules, etc. and develop supervisory processes and procedures to effectively implement accordingly;</li>
	<li>Representing the Authority in engagement with internal and external stakeholders including representation on any Standing Committees / Working Groups relating to Conduct Supervision;</li>
	<li>Mentor, coach, train and act as referral point for other analysts in the carrying out of their respective duties; and</li>
	<li>Undertake any other duties / &lsquo;ad-hoc&rsquo; tasks as delegated by the Function&rsquo;s senior management in line with the exigencies of the Conduct Function and the Authority.</li>
</ul>

About You

We are looking for candidates with interest in the financial services area, preferably in the Pensions and / or Funds areas. The role calls for an academic qualification in the relevant field of study at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC) or a widely recognised professional qualification at a comparable level. You will also possess a minimum of 8 years of work experience within a relevant area.

If you do not have the necessary academic or professional experience qualifications, but you have at least 15&nbsp;years of work experience, we would still be interested in speaking with you. Candidates with longer work experience relevant to the role will be preferred.

The following skills and attributes are important for this position:

<ul>
	<li>Interest in the areas of Consumer Protection;</li>
	<li>Sound knowledge on Pensions and / or retail collective investment schemes funds;</li>
	<li>Sound knowledge on Product Oversight and Governance and Value for Money;</li>
	<li>Well-developed written and verbal communication skills;</li>
	<li>Attention to detail and critical thinking; and</li>
	<li>The ability to work in a team.</li>
</ul>

The preferred candidate will be given various opportunities to learn and be trained for the role, through various mechanisms which the Authority holds such as the Financial Supervisors Academy and on the job training.

Public Call No;&nbsp;962/2024

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Overview

About the Function

Conduct Supervision is responsible for the setting up and implementation of the regulatory framework aiming to secure appropriate consumer protection in operations...