Job vacancy: Junior Assistant within Enforcement
Job code: EU/027/2021
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.
When taking on this role you will work closely with and support senior management within the Enforcement Function. As a Junior Assistant, you will primarily be reviewing the actions and assisting senior management in conducting 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 Assistant will also be responsible for assisting senior management in the investigation of persons carrying on financial services activities without having the necessary licence or authorisation.
Within this role your duties will include:
- Coordination and cooperation with supervisory functions within the MFSA;
- Discussing investigative strategy with senior management;
- Collection of information, documentation and evidence;
- Analysing, assessing and discussing findings of investigations;
- Investigation of dubious and/or fraudulent activities or schemes;
- Internet searches and investigations;
- Preparing notices and warnings to the public;
- Other duties and tasks may be assigned by senior management.
To qualify for this role, you will need to be currently reading for a first degree (MQF Level 6) in any of the following subjects: accounting, law, criminology, banking, finances, economics, or insurance.
The following skill set is a must for this position:
How to apply or query further information:
- The ability to multi-task and work on own initiative;
- The ability to work in a team;
- Good verbal and written communication skills; and
- Have a desire to learn.
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.
*JobsPlus Permit No: 602/2021
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.