About the Department

As the Financial Services industry experiences a widespread increase in the use of, and reliance on Information and Communications Technology (ICT), and as ICT including emerging technologies, is enabling innovation within the industry including the introduction of new sectors altogether, the relevance of ICT Risk and Cybersecurity continues to persist.

The Supervisory ICT Risk and Cybersecurity Function forms part of the MFSA’s Supervision Directorate, it is cross-sectorial, and has been established to focus on one of the Authority’s outlined key strategic priorities – Address ICT risks and digital finance challenges with a focus on strengthening operational resilience within the framework of the Digital Operational Resilience Act (DORA). As a supervisory function, its portfolio of activities includes effective supervision, which aims to ensure that regulated firms within the industry, are effectively managing their ICT risks, and have a resilient cybersecurity framework in place, in line with Acts, Regulations, rules and sector-specific guidelines. The function participates and contributes to 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. It is also a contributor on emerging strategies especially those that are technology focused. The function is also the contact point for cyber incident reporting by regulated firms.

About the Role

The MFSA is seeking to employ an Assistant Manager within the Supervisory ICT Risk and Cybersecurity Function which plans to grow and further evolve, to continue delivering effectively on its mission.

The selected candidate will work in a dynamic team within the Supervisory ICT Risk and Cybersecurity function. The role encompasses:

• Contributing to the strategic direction, objectives setting, capacity building, evolution and planning of the function;

• Acting on, implementing and executing the strategy and plans of the function as directed;

• Managing a team, a work stream or a project, as the case may be, in the field of Supervisory ICT Risk and Cybersecurity, and taking responsibility for the respective outcome, to time, cost and quality targets;

• Managing the overall people management lifecycle within area of responsibility including workforce planning, talent identification and development, recruitment, and performance management of direct reports;

• Cultivating a positive, learning, knowledge sharing and collaborative working environment within area of responsibility, promoting diversity and inclusion, and aiming at a high degree of employee engagement;

• Participating in, representing the Authority, and following up closely the, activities and developments of, Working Groups at organisational, national and international levels within the respective field, as necessary;

• Proactively contributing to the implementation of appropriate working practices and culture, by building effective processes, continually improving them, and ensuring documented procedures are in place within area of responsibility;

• Producing management reporting as required;

• Taking initiative to advance own skills and identifying and managing development opportunities in area of responsibility/expertise, keeping abreast with emerging technologies, the threat landscape, regulatory developments and market evolution;

• Carrying out supervisory activities using a risk-based approach in the field of ICT Risk and Cybersecurity, as the case may be and as required; 

• Any other responsibilities that may be assigned by the Deputy Head, Head of function or Chief Officer Supervision from time to time.

About you

The selected candidate will need to have a solid academic background at National Qualification Framework Level 6 or better, duly certified by the Malta Qualification Recognition Information Centre (MQRIC) in ICT law and/or computer information systems, information technology, or information security, OR a solid academic background in Financial Services and/or FinTech with a view to develop further in the ICT Risk and Cybersecurity aspects of Financial Services. Industry Certifications in ICT Risk and/or Cybersecurity as well as familiarity with the financial services regulatory framework would be considered an advantage.

You will also possess a minimum of six (6) years working in the area of financial services and/or ICT. 

If you do not have the necessary academic or professional qualifications but you have at least eleven (11) years of relevant experience within a relevant field, 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'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. 

Jobsplus Permit Number: 284/2025