Junior Analyst (Ongoing Supervision)

Job Description
Job Vacancy: Junior Analyst (Ongoing Supervision) within Banking Supervision in Grade 8
Job code: BS/022/2022

About Banking Supervision:
The Banking Supervision Function at the MFSA is entrusted with the onsite and ongoing surveillance of licensed banks and non-bank financial institutions (FIs) following the issue of their licence from the Authorisation Unit. The Function also carries out supervision of Significant Credit Institutions (SIs) together with the European Central Bank through the Single Supervisory Mechanism (SSM). The Banking Supervision Team is made up of officials with a banking background, but also legal, accounting and IT professionals to support policy and supervisory work.

Role: 
As a Junior Analyst you will be assigned to carry out work which will include the following duties:

• Form part of the ongoing team supervising a group of significant credit institutions in line with the Single Supervisory Mechanism (SSM) framework;
• Supporting the execution of the Risk Assessment and Supervisory Review and Evaluation Programme (SREP);
• Being the lead contact point for the relevant experts of the bank or risk areas that you will be supervising;
• Representing the MFSA in industry forums or external stakeholders within your specific duties;
• Working effectively with other departmental colleagues contributing to the development of the supervisory tools and agenda within the Banking Supervision Function;
• Other ad hoc supervision-related duties as may be required by the Head or Deputy Head of the Function from time to time.

About You:
We are looking for candidates with a solid academic backgrounds in Banking & Finance, Accountancy, Economics, Engineering, Mathematics or in a related subject. 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 relevant post-graduate degree will be considered an asset. Having experience working in the area of financial services ideally with experience in financial services compliance environment or in law will be considered an asset. 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 five (5) years of relevant experience within the financial services environment and/or auditing, 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 cover 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 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: 592/2022