Deputy Head

About the Department

The Conduct Supervision Function within the MFA is responsible for the setting up and implementation of the regulatory framework aiming to secure appropriate consumer protection in operations of licence holders in the financial services industry. The Conduct Function is gradually assuming a cross-sectorial function covering under its remit supervision in conduct of credit institutions, securities, as well as insurance undertakings and intermediaries.

About the Role

In this role you will be reporting directly to the Head of the Conduct Supervision Function and your duties will comprise the following:

• Lead, manage and mentor a high performing and experienced teams operating in a dynamic sector, particularly in the area of investment firms and virtual assets services providers;
• Develop, review and implement a sector strategy that delivers impact and improvements using MFSA’s resources most efficiently;
• Contribute actively to the leadership of the department, improving its operations and providing input into the supervisory approach of regulated entities falling within the remit of the Conduct Supervisory Function.
• Deliver a strong working relationship with other MFSA departments to support the MFSA’s interests;
• Lead the relationship with industry associations and regulated entities being capable of managing relationships with board members and senior management;
• Represent the MFSA externally to government, EU bodies and sector representatives;
• Deputise for the Head of Conduct Supervision as may be required from time to time
• Exercise supervisory judgment in handling cases, challenging regulated entities on consumer protection issues and ensure that such issues are dealt with expeditiously
• Assume responsibility for the management and development of direct reports
• Undertake any other tasks as delegated by the Head of the Function.

About You

We are looking for candidates with solid academic background in Banking, insurance and/or Investments. 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. You will also possess a minimum of six (6) years working in a similar senior role. 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 ten (10) years of relevant experience in a senior level role, we would still be interested in speaking with you. You will have leadership and management experience which you will use to motivate and develop your team to deliver your strategy and outcomes. You will also have a track record of managing a complex and demanding set of stakeholders, ideally in a regulatory or policy environment.  Credibility with internal and external stakeholders is key to delivery in this role.

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 Permit No. 90/2023