Job vacancy: Head within Cyber Security and ICT Risk in Grade 3
Job code: CSI/006/19
About Cyber Security and ICT Risk:
The Cybersecurity and ICT risk function provides specialist services and support to Authorisation and Supervision teams at the Authority across all financial sectors as part of the overall supervisory framework. It is responsible for the assessment of fit and proper Cybersecurity posture, ICT strategic alignment to Business strategy, ICT governance, and general ICT risk profile, exposures, and controls of Licenced Holders and applicants seeking Authorisation based on established regulatory frameworks, technical standards, and guidelines.
The function, therefore, provides the necessary technical risk assessments and guidance as part of the Authority’s holistic risk-based supervision model. It also supports the development of policy and supervisory work related to cybersecurity and ICT risk. Furthermore, the function provides technical support and coordination in terms of cybersecurity forensics, supervisory investigations or enforcement actions as required.
- The selected candidate shall manage a team of cybersecurity and ICT risk professionals responsible for ongoing supervisory Cybersecurity and ICT assessments, and regulatory compliance in this aspect;
- He or she will represent MFSA at various working groups and task forces at the local and international level to support the continuous updating of supervisory cybersecurity and ICT risk assessments as well as related policy according to regulatory development and market evolution, working closely with all stakeholders at a strategic, supervisory and operational level across the whole organisation. To this extent, he or she will, therefore, drive the continuous development of cybersecurity/ICT guidance to Licence Holders and external ICT auditors;
- The selected candidate shall also act as the primary contact at the Authority on cybersecurity and ICT-related incident management across the regulated financial services sectors.
Other Important Information:
- We are looking for candidates with a solid foundation in Information Technology and Information Security principles, having a related degree at MQF level 7, and must have a professional background of at least eight continuous years in IT Risk Assessment or IT Audit, preferably in the Financial Services Sector. You would also ideally have had some previous working experience in Enterprise level IT operations or software development;
- As a seasoned professional, the selected candidate would have certifications such as CISSP, CISM, or CRISC, and expected to have strong knowledge of cybersecurity frameworks and standards such as ISO 27000 series and NIST framework, as well as IT management and governance frameworks such as COBIT 5. You would be expected to be very conversant with applicable laws and regulations;
- As a people manager, the selected candidate would have had at least three years’ experience in managing a team of professionals in ICT risk and cybersecurity. We are looking for candidates with strong leadership skills, professional integrity and accountability. The selected candidate will also be an excellent communicator capable of collaborating effectively within and outside the organisation at all management levels.
Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application.
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 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.
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.
Malta Financial Services Authority:
The Malta Financial Services Authority (MFSA) is the single regulator for financial services in Malta. It was established by law on 23 July 2002 taking over supervisory functions previously carried out by the Central Bank of Malta, the Malta Stock Exchange and the Malta Financial Services Centre. The Authority is a fully autonomous public institution and reports to Parliament on an annual basis.