Senior Manager

within Securities and Markets Supervision Unit


VIEW JOB DETAILS

Senior Manager

within Securities and Markets Supervision Unit


VIEW JOB DETAILS
  • Grade:

    5
  • Type:

    Indefinite
  • Closing Date:

    29/06/2019
  • Job code:

    SMS/017/19
  • Team:

    Capital Markets - Legal
  • Date Posted:

    18/06/2019

About Securities and Markets Supervision Unit


The Securities and Markets Supervision Function with a staff complement of 44, is responsible for supervising investment services license holders, collective investment schemes, trading venues, 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. This Function 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 selected candidate will:

  • Lead policy formulation projects in the area of capital markets;
  • Assist in the development of the regulatory framework relating to capital markets and market infrastructures to address market developments and legislative change;
  • Be in constant liaison with the Authority’s Legal, EU and International Affairs Function as well as other Governmental bodies and act as the main contact point to facilitate communication channels;
  • Attend to a number of fora at European level which are hosted inter alia by the Council of the EU and the European Securities and Markets Authority (‘ESMA’);
  • Participate during local meetings held at the Ministry of finance and attend sittings at  Parliament’s committee stage;
  • Take a leading role to implement and/or transpose EU legal texts into Maltese legislation;
  • Liaise and cooperate with foreign regulators; and
  • Assist in other duties as may be directed from time to time by the Function’s Head.

About You


We are looking for enthusiastic candidates who would like to apply their solid academic background in law to innovative areas such as STOs. Possessing a warrant to practice as a lawyer in Malta would be considered an asset.

Candidates would be expected to have a sound knowledge of financial services legislation and of the financial services regulatory framework, preferably in the capital markets sector.

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 eight (8) years working in the area of financial services. 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 twelve (12) years within the financial services industry, 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.