Job vacancy: Regulatory Lawyer (Technical Expert) within Conduct Supervision
Job code: CS/033/2020
About Conduct Supervision:
Conduct Supervision 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 a relatively newly-formed team that currently employs around 40 persons and is gradually assuming a cross-sectorial function covering under its remit supervision in the conduct of credit institutions, securities, trusts, company service providers, as well as insurance undertakings and intermediaries.
Within this role, you will be joining the Financial Promotion and Risk Assessment (FinPro) team which has the primary responsibility to act as ‘radar’ for the Conduct Function in identifying and assessing the risks to consumers, both emerging and current, and to monitor the promotional efforts of regulated persons. Reporting to the Senior Manager within the Financial Promotion and Risk Assessment team, you will be expected to carry out the following tasks:
- Act as technical point of reference to the FinPro Team;
- Take responsibility for the drafting of conduct rules related to the investments, banking, and insurance sector;
- Assuming responsibility for the management and development of direct reports;
- Assisting in handling queries from the industry related to the requirements included in the conduct of business rulebook;
- Undertake any other tasks as delegated by senior management in line with the exigencies of the Function.
How to apply or query further information:
- We are looking for a lawyer with a solid background in financial services. You will need to have academic qualification/s in the 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 recognized professional qualification at a comparable level;
- Candidates would be expected to have a good understanding of financial services legislation and related regulatory framework;
- Possessing a warrant to practice as a lawyer in Malta would be considered an asset;
- You will also possess a minimum of five (5) years working in the area of financial services, with solid experience in financial services legislation and legal area.
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 an interview. Details can be obtained by accessing the National Commission for Further and Higher Education website under the 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: 38/2021
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.