About the Department 

Banking Supervision carries out on-site and ongoing supervision of licensed banks. The Banking Supervision team comprises professionals with a financial services academic background, but also legal and IT professionals to support policy and supervisory work. 

About the Role 

Within this role you will undertake coordination of duties of a team of supervisors for Significant Credit Institutions related to banking supervision activities that the MFSA performed jointly with the ECB (JSTs).  

As a Senior Manager your key responsibilities will be as follow:  

• Organizing supervisory work of the Joint Supervisory Teams supervising Significant Institutions in coordination with the ECB through the Single Supervisory Mechanism; 
• Coordinating supervisory strategy and supervisory review and evaluation programme (SREP) in line with the SSM and the MFSA priorities ensuring an objective and consistent supervisory approach for the local Significant Institutions and against other SSM Significant Institutions striving to ensure level playing field; 
• Implementing horizontal coverage approach for assessment of the key risks of the SIs taking into account specificities of each credit institution; 
• Managing a team of experienced supervisors providing guidance, leadership and mentoring to more junior members of the team; 
• Taking a lead in managing the relationship with the ECB’s stakeholders and organizing supervisory work to meet the MFSA obligations as part of the SSM but also to ensure local priorities are appropriately considered; 
• Working effectively with other departmental colleagues contributing to the development of the supervisory tools and agenda within Banking Supervision Function; 
• Forming working relationships and coordinating the supervisory agenda with Senior Management of other departments and internal stakeholders involved in the delivery of the MFSA supervisory strategy; 
• Supporting effective relationships with the Central Bank and Finance Ministry and contributing to conversations with IMF, MoneyVal and other international organisations which assess the quality of banking supervision in Malta; 
• Representing the MFSA in industry forums and with other external stakeholders; 

You will also be expected to undertake any other duties that may arise depending on the exigencies of Banking Supervision and the Authority. 

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 8 years work experience. Candidates with longer working experience relevant to the role will be preferred. 

Possession of a degree in Banking & Finance, Accountancy, Economics, Engineering, Mathematics, Law or a related subject would be considered an asset. 

If you do not have the necessary academic or professional qualifications but you have at least 15 years of relevant experience, we would still be interested in speaking with you. 

You will have an advantage if you posses:-  

• Proven leadership and managerial skills; 
• Broad understanding of the SSM structure and European supervisory framework; 
• Knowledge of the MFSA regulations and law especially those related to the banking sector; 
• Problem solving and analytical thinking experience with the ability to come up with pragmatic solutions in difficult situations; 
• 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. 

Proven knowledge and understanding of the following areas will be considered as a distinct advantage:  

• Solid understanding of main banking risks, including experience in assessment of business model/risks, ILAAP, ICAAP and Recovery Plans; 
• Previous auditing or supervisory experience. 

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: 504/2025