Deputy Head Banking (Onsite & JST) - Banking jobs in Malta - October 2022
By using this site, you consent to the use of cookies to improve your user experience through analytics and personalised marketing efforts.
Deputy Head Banking (Onsite & JST)
Malta Financial Services Authority Malta Financial Services Authority , Central Malta

Expires in 15 days (20 Oct 2022)

Job vacancy: Deputy Head Banking (Onsite & JST) within Banking Supervision in Grade 4
Job code: BS/015/2022

About Baking Supervision:
Banking Supervision is responsible for the 3 Significant Institutions, 15 local banks, and around 45-50 E-Money and Payment Service Providers.

We operate closely with the ECB in our supervision of banks, as well as engaging with the Central Bank of Malta and the MFSA's Financial Stability team, and other departments which support the MFSA's supervisory priorities.

We are a team of about 65 staff covering policy development and transposition, authorization and supervision of firms and their regulatory reporting, as well as the management of a significant range of internal and external stakeholders.

The Role:
The role is part of the Senior Leadership Team of the function responsible for the oversight and running of the Function. Within this role, you will also contribute to the Supervision and Authorisation Committee the function which takes a range of significant decisions in relation to the banking and FI sector. You will also deputize for the Head of Function where required, and support the delivery of MFSA objectives more generally through participation in internal working groups or by working with colleagues on specific projects.

You will lead a team of motivated and highly skilled individuals involved in banking supervision.  The role will be busy and require a flexible and professional approach to delivery.  It will also require extensive collaboration with other teams as we encourage a very flexible boundary between team responsibilities to ensure we can allocate work amongst our team to meet changing business demands.

Your main responsibilities will be:
  • Leading and mentoring a motivated and professional team;
  • Positively contributing to the management of the department;
  • Oversight of the work undertaken on the significant institutions including supporting work to improve the MFSA's influence in JSTs;
  • Continuing to drive improvements in the MFSA's technical onsite capabilities;
  • Supporting the supervisory area's outreach work through meetings with firms, our Nature and Art publication, the annual Risk Roundtable, and other initiatives throughout the year;
  • Negotiating secondment opportunities and supporting the professional development of the team through engagement with the ECB;
  • Representing Banking Supervision in internal committees;
  • Developing appropriate management information to support a focus on outcomes and efficiency;
  • Take time to support your own professional development within the role through learning opportunities and development tools.

About You:
  • We are looking for candidates with solid academic backgrounds in Banking, Finance, Economics, Accounts, Payment services, or in other relevant fields.
  • 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 recognized professional qualification at a comparable level.
  • You will also possess a minimum of six (6) years working in a similar senior role. Candidates with longer working experience relevant to the role will be preferred. 
  • If you do not have the necessary academic or professional qualifications but you have at least ten (10) years of relevant experience in a senior-level role, we would still be interested in speaking with you.
  • You will have good leadership and management experience, demonstrating flexibility in pursuit of priorities, with a keen focus on delivery.
  • You will have a good understanding of the rules and regulations involved in banking, including those relating to capital, liquidity, stress testing, operational resilience, governance, and internal controls.
  • You will also be capable of managing senior stakeholders in banks and representing the MFSA to the ECB.  This individual will supplement their technical skills with good stakeholder management skills to help the MFSA positively influence senior stakeholders to support the delivery of our objectives.

How to apply or query further information:
Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application.

Other important 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 interview. Details can be obtained by accessing the National Commission for Further and Higher Education website under the 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.

*Public Call Permit: 390/2022

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.

Experienced (3 years +), Middle Management, Senior Management
Experience Level
Full Time
Job Type

Head of Banking Supervision

Senior Analyst (Onsite Supervision)

Send me Similar Jobs