Senior Manager (Asset Management)

The Department

The Investment Services Supervision Function is responsible for the authorisation and supervision of investment services licence holders and recognised persons. The Funds Team is responsible for the supervision of asset managers, collective investment schemes and related service providers, including depositaries and recognised fund administrators. The oversight of these entities is executed by means of a combination of onsite interactions and offsite supervision. The Investment Services Supervision Function is also involved in policy-related work.

The Role

• Lead, mentor and manage a dedicated team of supervisors of funds, fund managers and fund service providers by adopting a proactive approach to outcome based supervision, being responsible for the team's professional development and ensuring that optimal performance is maintained;
• Manage the onsite interaction plan and lead a number of onsite interactions and ensuring that onsite inspections are carried out according to the high standards expected;
• Review post-inspection reposts and take responsibility for related industry engagements to ensure that such communication are issued within reasonable timeframes and communicate findings and expectations factually;
• Ensuring early identification of problematic licence holders and determine appropriate action to be taken in the circumstance and/ or escalate accordingly by using experience, knowledge and professional judgement to analyse such complex cases;
• Prepare and sign-off sensitive and complex internal reports submitted to inter alia the MFSA's Executive Committee and/ or Regulatory Committee and follow-up actions and decisions accordingly;
• Give material input at formulating supervisory strategy and ensure responsibility and ownership of strategic initiatives;
• Assist in the development and implementation of the off-site supervisory programme in line with the MFSA and ESMA priorities;
• Mentor, act as reference point and train direct reports as well as provide upward support to the Deputy Head and Head of the Function as may be required.

About You

We are looking for candidates with solid academic background in Law, Accountancy, Banking and Finance, Economics, Public Policy or any finance related background. A background in local and EU fund legislation, in particular the Alternative Investment Fund Managers Directive and the Undertaking for Collective Investment in Transferable Securities (UCITS) would be considered as an asset for this role.

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 as an asset. You will also possess a minimum of eight (8) years working experience in the area related to the role. If you do not have the necessary academic or professional qualifications but you have at least fifteen (15) years of relevant experience, we would still be interested in speaking with you.

You should also possess the following skill set:

• ability to multi-task, work on own initiative and identify key areas for improvement and operational efficiency;
• ability to lead a team and assist team members through mentoring and establishing career development plans;
• excellent verbal, presentation and communication skills;
• ability to prioritise and deliver under pressure; and
• sound analytical, negotiation and judgemental skills.

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 comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at 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 on www.ncfhe.gov.mt 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 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  297/2023