About the Department 

The Financial Stability function is responsible for identifying and assessing risks that 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 risks. 

  

About the Role  

As a Senior Analyst within Financial Stability you will be responsible for the following job accountabilities:  

• Taking an active role in the identification and surveillance of current and emerging risks developing within the banking sector; 
• Assisting in developing qualitative and quantitative techniques such as econometric modelling with time series, setting up of questionnaires and constructing indicators; 
• Preparing technical and analytical reports and briefing notes on systemic and/or other associated risks, particularly within the banking sector; 
• Attending and assisting in technical meetings organised within the MFSA as well as at national and European/international levels; 
• Contributing to the MFSA’s publications in the area of financial stability; and 
• Undertaking other tasks/duties as directed by line management. 

The selected candidate is expected to be able to multi-task and meet strict deadlines, be able to work on own initiative and have attention to detail. Knowledge of statistical software such as Python, R and SQL will be considered as an asset 

  

About You 

The role calls for an academic qualification in Economics, Mathematics, Finance, or 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 in the area of financial services and/or compliance with financial services regulation for a number of years.  

If you do not have the necessary academic or professional qualifications but you have at least seven (7) 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. 

  

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 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: 1085/2024