Analyst (Banking Sector)

Job Description
Job vacancy: Analyst (Banking Sector) within Financial Stability
Job code: FS/010/2021

About Financial Stability:
The Financial Stability function is responsible for identifying and assessing risks that have the potential to spread within the financial sector and the real economy (systemic risks). Through its own macroprudential research and analysis of the financial sector, which covers the banking, insurance, and securities sectors, the function contributes to the formulation of policies aimed at mitigating identified risks.

The Role:
As an Analyst within Financial Stability you will be responsible for the following job accountabilities:

• Undertaking the identification and surveillance of current and emerging risks developing within the banking sector;
• Contributing to research utilising econometric and financial modeling;
• Preparing technical and analytical reports and briefing notes on systemic and/or other associated risks;
• Contributing to the MFSA’s publications in the area of financial stability;
• Reviewing and providing technical feedback on working documents;
• Preparing relevant financial stability contents on MFSA website as well as social media;
• Attending and assisting in technical meetings organized within the MFSA as well as at national and European level and
• Undertaking other tasks/duties as directed by line management.

About You:

• We are looking for candidates with experience in the banking sector analysis, as well as a keen interest in developing risk monitoring metrics.
• You will be expected to be flexible and dynamic and add value to a multidisciplinary team responsible for the exercise of the above functions.
• You are also required to have excellent oral, written, and presentation skills.
• Knowledge of advanced data analysis packages such as Python, R and SQL would be considered as an asset.
• Similarly, experience in relation to financial stability/research publications will be useful.

The role calls for an academic qualification in Finance, Economics or other relevant studies 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 need to have at least three (3) years of experience in a related area. 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 of relevant experience within the financial services 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 permit no: 72/2021