Junior Analyst (Policy)

Malta Financial Services Authority is currently looking to recruit a Junior Analyst (Policy) to join their team on a temporary basis.

About the Department:
Conduct Supervision is responsible for the setting up and implementation of the regulatory framework aiming to secure appropriate consumer protection in the operations of licence holders in the financial services industry. The Conduct Supervision section is a relatively newly-formed team which is projecting growth as it is gradually assuming a cross-sectorial function inter alia covering under its remit supervision in conduct of credit institutions, insurance entities and investment firms.

About the Role:
As an Analyst, you will be joining the Policy Team within the Conduct Supervision Function. You will be expected as a minimum to be responsible for performing the following tasks:

• Provide and assist in any tasks for the purposes of acting as a technical point of reference to teams within Conduct Supervision Function with respect to legal interpretation and adherence to applicable rules and regulations in Malta. You will be expected to assist with providing efficient and professional advice on policy, regulatory, and legal matters and contribute to the various duties that are undertaken by Conduct Supervision

• Take responsibility for the drafting of and amendments to conduct of business rules applicable to entities falling within the remit of Conduct Supervision and drafting of Maltese legislation and rules as may be necessary for the  transposition and implementation of cross-sectoral EU law relevant in the context of Conduct Supervision Function’s mandate

• Providing, reviewing, and overseeing internal legal advice, amendments and enhancements to national legislative framework, and preparation of legal positions on regulatory issues pertaining to the financial services sector

• Apply sound judgement in carrying out your role and assist in the development of direct reports

• Engage and address any regulatory issues that may arise and assist in handling cross-sectoral queries, in particular those arising from the industry in relation to the interpretation and implementation of conduct of business rules

• Undertake legal research and analysis of relevant financial services law and contribute to the preparation of replies to conduct-related surveys, as necessary from a Conduct Supervision perspective; and

• Undertaking any other tasks or projects as delegated by senior management in line with the exigencies of the Conduct Supervision Function and the Authority.

About You:
We are looking for candidates with a solid academic background in financial services/law or any other related background considered relevant to this post. A sound knowledge of financial services legislation and familiarity with the financial services regulatory framework would be considered an asset.
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.

Preference shall be given to candidates who demonstrate depth and range of experience in the area of financial services and who possess one or more of the following:

• A University of Malta Degree in Law (LL.D or Master of Advocacy level) or a comparable recognised legal qualification);

• Relevant professional experience within the financial services industry,

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 the comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at the application stage or otherwise at the preliminary interview should an applicant be selected for such an interview. Details can be obtained by accessing the National Commission for Further and Higher Education website at www.ncfhe.gov.mt under the MQRIC heading.

The MFSA shall ensure that any processing of personal data is by 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: 91/2023