Junior Analyst (Enforcement) - Compliance jobs in Malta - April 2021

Junior Analyst (Enforcement)

JOB TYPE: Full Time JOB LEVEL: Experienced (3 years +)
CATEGORY:
Compliance
EMPLOYER INDUSTRY: Financial Services
Job vacancy: Junior Analyst within Enforcement in Grade 8 
Job code: EU/026/2021

About Enforcement:
The Enforcement Function is responsible for reviewing the actions and where necessary conducting investigations of licence holders who have or are suspected of having committed serious compliance failures, serious misconduct or any other serious breaches of the law. The Enforcement Function also investigates the actions of persons carrying out financial services activities without having the necessary licence or authorisation.

The Role:
When taking on this role you will work closely with and support senior management within the Enforcement Function. As a Junior Analyst, you will primarily be reviewing the actions and where necessary conduct the investigations of financial services licence holders or other authorised persons and/or their officials who have or are suspected of having committed serious compliance failures, serious misconduct or any other serious breaches of applicable laws, regulations, rules or other regulatory requirements. The Junior Analyst will also be responsible for the investigation of persons carrying on financial services activities without having the necessary licence or authorisation.

Within this role your duties will include:
  • Investigation of licence holders, unauthorised business, financial crime and referral to the police;
  • Coordination and cooperation with supervisory functions within the MFSA;
  • Discussing investigative strategy with senior management;
  • Collection of information, documentation and evidence;
  • Attending meetings with licence holders and unauthorised persons under investigation;
  • Conducting onsite investigation visits and surprise inspections;
  • Analysing, assessing and discussing findings of investigations;
  • Identifying breaches or wrongdoing;
  • Preparing investigation reports, memos and correspondence;
  • Consideration of representations received and discussing them with senior management;
  • Preparing memos for submission to the MFSA's decision-making body & later following up on decisions taken;
  • Attending court sittings as necessary;
  • Investigation of dubious and/or fraudulent activities or schemes;
  • Internet searches and investigations;
  • Preparing notices and warnings to the public;
  • Compiling reports for and attending the meeting with the police, FIAU, and other regulatory authorities;
  • Other duties and tasks may be assigned by senior management.

About You:
To qualify for this role you should have a solid academic background in financial services, accountancy, law or in another related background, a sound knowledge of financial services legislation and familiarity with the financial services regulatory framework. A relevant Post-Graduate Degree would be considered as an advantage. You should also have 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. If you do not have the necessary academic or professional qualifications but you have at least five (5) 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 an interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on www.ncfhe.gov.mt 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.

Jobsplus Reference permit no: 165/2021

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.

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