Analyst (Pensions)

Malta Financial Services Authority is currently looking to recruit an Analyst to join their team on a full-time basis.

About the Department:
The Conduct Supervision Function 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 to ensure that clients of such entities are treated fairly, honestly, and professionally by regulated entities. The Function adopts a pre-emptive supervisory approach which addresses potential or emerging risks for financial services consumers, together with an ongoing supervisory process to strengthen and verify the adherence by regulated persons to their conduct of business regulatory obligations. The Conduct Supervision Function is a cross-sectorial function covering under its remit supervision the conduct of the business of the entities dealing with retail clients in the context of the provision of services relating to banking, insurance and pensions, investments, cryptocurrencies, and retail collective investment schemes.

About the Role
We are looking for a talented individual to join the Insurance, Pensions and Funds team. Reporting to the Senior Manager, the main responsibilities of the selected candidate are expected to be the following tasks:

• Participation in onsite and offsite supervision to carry out conduct supervision of entities licensed in the areas of Insurance, Pensions and also retail collective investment schemes
• Undertaking analytical duties related to compliance by retail collective investment schemes and entities licensed under the local pensions’ legislation in line with their statutory obligations emanating from their operating licenses
• Monitoring of the level of compliance with applicable regulatory standards and obligations by license holders, including via off-site analysis and thematic reviews
• Keeping up to date on all developments relating to new legislation, amendments to existing rules, etc
• Undertaking and reporting on the outcome of the different assignments as may be appropriate and necessary; and
• Undertaking any other duties / ‘ad-hoc’ tasks as delegated by the Function’s senior management in line with the exigencies of the Conduct Function and the Authority.

About You:
We are looking for candidates with interest in the financial services area, preferably in the area relating to Pensions and/or retail collective investment schemes. The role calls for an academic qualification in the 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. You will also possess a minimum of 3 years of work experience within a relevant area.

If you do not have the necessary academic or professional experience qualifications, but you have at least 7 years of work experience, we would still be interested in speaking with you. Candidates with longer work experience relevant to the role will be preferred.

The following skills and attributes are important for this position:

• Interest in the areas of Consumer Protection
• Well-developed written and verbal communication skills
• Attention to detail and critical thinking; and
• the ability to work in a team.

The selected candidate will be given various opportunities to learn and be trained for the role, through various mechanisms which the Authority holds such as the Financial Supervisors Academy and on-the-job training. 

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 No; 771/2024