About the Department 

The regulation and supervision of professional trustees and other fiduciaries fall within the remit of the MFSA and in fact the MFSA has a specific function designated with the responsibility for both the authorisation as well as the supervision of trustees and other fiduciaries. The function's main objective is to ensure that licensed trustees and fiduciaries have the appropriate structures and systems in place to service clients adequately whilst at the same time preserving their reputation as well as Malta's reputation, taking into account its international commitments.

 

About the Role 

Within this role you will be joining the Trustees Supervision Function, to provide operational support to the Function in its day to day processes relating to the authorisation and approval of prospective license holders and key officials, as well as in the ongoing monitoring of the conduct of the respective licence holders, as applicable. 

This role will provide you with the opportunity to work closely with a multi-disciplinary team to gain exposure and hands-on experience in the area of regulation, authorisation and supervision, as well as exposure to the workings of international bodies and standards, and in general to work in a professional environment which fosters professional growth.

Your work will include providing support with any of the following workstreams:

• Handling effective and efficient recordkeeping practices of the function; 
• Supporting with the coordination of the internal and external communication needs of the function relating to authorisation and supervision processes and workstreams; 
• Providing support with reviewing and analysing the regular offsite reporting of authorised persons, including annual financial statements, compliance reports and other regulatory returns; 
• Supporting other staff members in the conduct of onsite inspections and other supervisory engagements at authorised trustees, fiduciaries and company service providers; 
• Assisting in the maintenance of the register of beneficial owners of trusts and dealing with queries relating to the register; 
• Supporting the re-engineering and standardization of work projects, including testing; 
• Supporting with the creation or amendment of templates, databases and checklists utilised by the Function; 
• Carrying out research in relation to emerging trends and legal developments; and
• Undertake any other tasks as delegated by senior management in line with the exigencies of the Function.

 

About You 

We are looking for candidates who are eager to join an enthusiastic team with a keen interest in financial services, regulation and compliance. Interested candidates should be currently reading for, or in the process of obtaining a qualification 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 in Law, Banking & Finance or any other related area. 

The ideal applicant should demonstrate the following skills/experience:  

• Self-driven and ability to meet deadlines; 
• Ability to work in a team;
• Interest in financial services and willing to broaden knowledge in these areas; 
• Attention to detail and strive for quality and accuracy of the work; 
• Excellent verbal and written communication skills. 

 

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: 985/2025