Analyst (Investment Firms)

within Securities and Markets Supervision Unit


VIEW JOB DETAILS

Analyst (Investment Firms)

within Securities and Markets Supervision Unit


VIEW JOB DETAILS
  • Grade:

    7
  • Type:

    Indefinite
  • Closing Date:

    29/06/2019
  • Job code:

    SMS/007/18
  • Team:

    Investment Firms
  • Date Posted:

    17/06/2019

About Securities and Markets Supervision Unit


The Securities and Markets Supervision section with a staff complement of 37, is responsible for supervising investment services licence holders, collective investment schemes, regulated markets, central securities depositaries, financial and non-financial entities falling under the scope of EMIR and recognised private collective investment schemes, registered tied agents and recognised administrators. The Unit is also responsible for the regulation and oversight of activities in capital markets including the processing of applications for admissibility to listing on Regulated Markets, the processing of notifications in terms of the Securitisation Act, the supervision of the continuing obligations of Listed Companies on Regulated Markets in Malta, the supervision of the markets to identify any market abuse and to carry out any appropriate reviews where applicable.

The Role


The jobholder will form part of the Compliance Team within the Investment Firms Team of the Securities and Markets Supervision. The individual will be expected to carry out the following tasks:  

  • Undertake assessments of licence holder through the compilation of high standard reports;
  • Act as a contact point with licence holders, corresponding directly with these counterparties, reporting findings and resolving issues as they arise;
  • Actively participate in on-site compliance inspections, ensuring that they are delivered with the required regulatory standards while interfacing with licence holders on an on-going basis;
  • Provide front line support during on-site supervisory visits working closely with more senior members of the team;
  • Conduct desk based reviews to determine whether licence holders are compliant with local primary and secondary legislation as well as regulations relating to investment services as updated from time to time, including financial documentation submitted to the MFSA on a periodic basis;  
  • Use judgement to identify high risk cases and prioritising accordingly, escalating issues when necessary to senior management; and
  • Undertake other supervisory tasks or projects as delegated by line management.

About You


We are looking for candidates with solid academic background in Law, Accountancy, Banking and Finance or in Economics or Public Policy or in Statistics or in another finance related background, to increase the current pool of internal expertise in Securities and Markets Supervision.

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.

The candidate should possess the following skill set:

  • ability to multi-task and work on own initiative with minimum supervision;
  • be a self-motivated team player and able to adopt various roles within a team;
  • excellent verbal and communication skills;
  • ability to prioritise and deliver under pressure;
  • highly IT literate with advanced knowledge in spreadsheets and databases; and
  • sound analytical and judgemental skills compiling reports of a high standard.

You will also possess a minimum of three (3) years working in the area of financial services and/or compliance with financial services regulation for a number of years. 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 seven (7) years of relevant experience, 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 covering letter providing the motivation for the application to vacancies@mfsa.com.mt.

Other Important Information


Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application to vacancies@mfsa.com.mt.

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.org.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.com.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.