Senior Manager (Pensions and Retirement Scheme)

within Insurance and Pensions Supervision


VIEW JOB DETAILS

Senior Manager (Pensions and Retirement Scheme)

within Insurance and Pensions Supervision


VIEW JOB DETAILS
  • Grade:

    5
  • Type:

    Indefinite
  • Closing Date:

    31/05/2019
  • Job code:

    IPS/013/18
  • Team:

    Pensions and Retirement Scheme
  • Date Posted:

    10/05/2019

About Insurance and Pensions Supervision


The Insurance and Pensions Supervision is responsible for the supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and comprises skills relating to insurance, pensions, accounting, legal, quantitative analysis, actuarial skills, compliance and others.

The Role


The Senior Manager will manage a multidisciplinary team carrying out analytical duties related to compliance of pensions and retirement schemes licence holders in line with their regulatory obligations emanating from their operating licences. This work is undertaken as part of the on-going off-site and on-site supervisory process undertaken by the MFSA on licence holders. The main purpose of this process is to monitor the level of compliance with the applicable regulatory standards by licence holders and eventually the regulatory obligations emanating from the Retirement Pensions Act. The selected candidate is expected to have experience in pensions, retirement and other related areas such as investment business.

Your duties will include:

  • Lead the Pensions and Retirement Schemes team in both off-site and on-site supervision;
  • Oversee the continued development of pension regulation;
  • Provide general guidance to other junior members of staff within the team; including in-house training;
  • Involve himself/herself in ‘ad hoc’ assignments related to specific regulatory and supervisory issues that arise from time to time;
  • Attend/hold meetings with licence holders together with other meetings as required;
  • Assist in the development of procedures and following up international regulatory developments.

About You


We are looking for candidates with relevant academic background in financial services.

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 applicant should also possess a minimum of eight (8) years working in a related area in the financial services sector. Candidates with longer working experience relevant to the role will be preferred.

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


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.