About the Department 

Banking Supervision Function carries out authorisation  and ongoing supervision of credit institutions. The Banking Supervision team comprises of professionals with a financial services academic background, but also legal to support policy and supervisory work.  

 

About the Role 

The responsibilities of the eventual appointee shall include the following: 

-  Providing legal advice on banking legislation and interpretations to the Banking Supervision function, other functions of the MFSA and other authorities or stakeholders, as necessary; 

-  Leading and oversight of the MFSA's transposition of EU banking related legislation into Maltese Law, including EBA guidelines;

-  Fostering a strong working relationship with the MFSA's central Legal Team and other functions, as necessary, to support the MFSA's interests; 

-  Actively managing the relationship of the MFSA with the ECB, particularly its legal function, including participation in committees responsible for handling and discussing legal matters;

-  Representing the MFSA within the EBA, ECB, to the industry or industry groups, providing confidence in the MFSA's supervisory approach; 

-  Leading the relationship on policy development with the Ministry of Finance and Employment providing clear advice and supporting their engagement with external stakeholders; 

-  Helping with the management of legacy issues, oversight of the production of legal or policy documents in banking or the management of external legal counsel in relation to banking matters. 

 

About You 

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 6 years work experience within law or policy within the financial sector, preferably in Banking, along with possession of a warrant to practice in the Courts of Malta. Candidates with longer working experience relevant to the role will be preferred. 

You will have an advantage if you possess: 

-  Knowledge of the applicable regulations and requirements especially those related to the banking sector; 

-  Ability to be polite and assertive when dealing with a variety of stakeholders; 

-  Strong verbal and written communication skills with the ability to influence and negotiate with internal and external stakeholders as may be necessary. 

 

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'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: 376/2024