Analyst (On-site Supervision) - Compliance jobs in Malta - March 2023
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Analyst (On-site Supervision)

Malta Financial Services Authority , Central Malta

Expires in 5 days (04 Apr 2023)

Job vacancy: Analyst (On-site Supervision) within Financial Crime Compliance in Grade 7 
Job code: FCC/012/2022

About Financial Crime Compliance:
Financial Crime Compliance is a dedicated AML/CFT Supervisory Function established to strengthen the MFSA’s role in preventing the use and involvement of Licence Holders in money laundering and financing of terrorism.

The function is split into two focused teams; Onsite & Offsite. The Onsite Team operates alongside the FIAU in conducting AML-related supervisory inspections on Licence Holders. The Offsite and Risk Analysis Team is dedicated to mitigating and detecting risks through constantly monitoring authorised persons.

The Role:
The Analyst (On-site Supervision) will form part of a supervisory team. The duties of the Analyst shall primarily consist in the supervision of AML/CFT compliance by MFSA financial services licence holders which are considered Subject Persons. The main purpose is to monitor the level of compliance with the applicable AML/CFT law, regulations, and FIAU Implementing Procedures.

The duties and responsibilities of the Analyst shall include:
  • Conducting onsite visits, including leading supervisory visits;
  • Coordination with other supervisory functions;
  • Coordination with subject persons;
  • Carrying out pre-visit preparatory work;
  • Analysis of documentation;
  • Carrying out post-visit work – preparation of visit reports and findings letters;
  • Attending meetings with subject persons as necessary;
  • Attending FIAU Compliance Monitoring Committee meetings;
  • Attending training/technical meetings;
  • Compiling supervisory information for statistical purposes;
  • Completing projects and working with the team as needed;
  • Undertaking other tasks/duties which may be assigned from time to time.

About You:
To qualify for this role you should have a solid academic background in financial services, law, accountancy, risk, or in another related background at National Qualification Framework Level 6 or better, in a relevant area. Sound knowledge of anti-money laundering legislation and other financial services legislation and familiarity with the financial services regulatory framework would be considered an asset.

You will also possess a minimum of three (3) years working in the area of financial services ideally with experience in financial services compliance environment or in law. 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 seven (7) years within compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.

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 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.

*Jobsplus permit no: 478/2022

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.

Full Time
Job Type
Experienced (3 years +)
Experience Level
Financial Services

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