About the Department 

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. 

 About the Role 

As Head of Investment Services Supervision you will be responsible for: 

• Ensuring the appropriate distribution of work tasks and the achievement of the set strategic objectives for the function; 
• Coordinating and liaising with the respective regulatory and management functions and other areas of the MFSA; 
• Guiding, mentoring and supporting managerial staff, analysts, and support staff within the function; 
• Lead the team to develop the required analytical skills; 
• Dealing with issues relating to the affairs of the department; 
• Participating in recruitment, staff training, and performance appraisal processes; 
• Preparing budgets for the department; 
• Managing employee retention, ensuring adequate function structure and succession planning for the team; 
• Maintaining policies and procedures relating to the function;  
• Representing the function and the Authority and participating in local and international fora on any issues relating to the Investment Services Supervision Function; and 
• Any other duties as assigned by the Chief Officer Supervision and as dependent on the exigencies of the MFSA.  

About you 

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. 

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 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. 

If you do not have the necessary academic or professional qualifications but you have at least 14 years of relevant experience in senior level roles, we would still be interested in speaking with you. 

The candidate should possess the following skill set: 

• Strong leadership and people management skills. 
• Excellent communication and analytical skills. 
• The ability to define priorities effectively. 
• A collaborative attitude. 

Other important 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.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 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: 565/2024