Head of Conduct Supervision - Finance jobs in Malta - October 2022
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Head of Conduct Supervision
Malta Financial Services Authority Malta Financial Services Authority , Central Malta

Expires in 11 days (19 Oct 2022)


Job vacancy: Head of Conduct Supervision within Conduct Supervision in Grade 3 
Job code: CS/006/2022

About Conduct Supervision:
The Conduct Supervision Function oversees the way in which firms, namely those providing services in the areas of banking, insurance, and investments, design their products and services as well as the manner in which these same firms manage their relationship with consumers. The Function ensures that consumers of financial services are treated fairly, honestly, and professionally by regulated entities. The ultimate objective of this function is to set up a regulatory framework that secures appropriate consumer protection in financial services. The Function also enacts a pre-emptive supervisory regime that addresses potential or emerging risks for financial services consumers, together with an operational regime to strengthen the responsibilities of regulated persons in treating customers fairly. The Conduct Supervision Function is also responsible for consumer awareness and education.

The Role:
The selected applicant would be required to undertake the following duties:
  • Working closely with the current Conduct team and focusing on setting a vision for the conduct of business supervision, MFSA needs to be and how to get there;
  • Developing and enabling the implementation of financial services consumer education campaigns, working closely with national agencies and bodies in the process;
  • Working on raising the standards within the industry by instilling a compliance culture within the area which the function supervises;
  • Representing the function and the Authority and participating in local and international fora on any issues relating to the function;
  • Ensuring the appropriate distribution of work tasks and the achievement of the set KPIs for individuals as well as a function;
  • Coordinating and liaising with the respective regulatory and management functions and other areas of the MFSA;
  • Actively work towards building strong relationships with other functions and improving communication and collaboration;
  • Leading, guiding, mentoring, and supporting function officials to develop the required skills to fulfill their duties;
  • Enabling adequate delegation to function officials to ensure the proper functioning of the team;
  • Ensuring the recruitment of staff as per budget, staff training, and performance appraisal processes;
  • Managing employee retention, ensuring adequate function structure and succession planning for the team;
  • Preparing resources ask for the function;
  • Maintaining policies and procedures relating to the function;
  • Dealing with issues relating to the affairs of the function;
  • Handling any other duties as assigned by the Chief Officer Supervision and as dependent on the exigencies of the MFSA.


About You:
We are looking for candidates with solid academic backgrounds in Law, Accountancy, Banking, and Finance or in Economics or another related background which may be considered relevant for this post. 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 recognised professional qualification at a comparable level. A post-graduate degree in a related area would be considered an asset. You will also possess a minimum of eight (8) years working in a similar senior role and preferably with twelve (12) years in a senior role in the financial services sector.

If you do not have the necessary academic or professional qualifications, but you have at least fourteen (14) years of relevant experience, we would still be interested in speaking with you.

The ideal candidate should have:

  • Strong leadership and people management skills;
  • Excellent communication skills and analytical skills;
  • The ability to define priorities effectively;
  • Effective negotiating abilities; and
  • A collaborative attitude.

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.

*Public Call Permit: 108/2022

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.

experience
Experienced (3 years +), Middle Management, Senior Management
Experience Level
time
Full Time
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