Vacancy of Analyst Grade 3
(Investment Firms)
Securities and Markets Supervision Unit
Introduction
The specific information being provided below is in addition to and complements the basic
details included in the relevant public call for the vacancy in question.
The Securities and Markets Supervision Unit (“the Unit”) is responsible for the supervision
of investment services licence holders and market infrastructure. Inter alia the Unit supervises
collective investment schemes, fund management companies, securities services operators as
well as investment firms. The Unit is also responsible for the regulation and oversight of
activities in capital markets.
The Unit is tasked with maintaining the current statutes and investment services guidelines
relating to securities and markets as well as the transposition of EU legislation as required
from time to time.
Purpose behind the Recruitment
The MFSA is looking for applicants with an accountancy or a banking and finance
background and a solid experience in the financial services sector. The eventual appointee
will be appointed at Analyst Grade 3 level and be as a reference point for a multidisciplinary
team of analysts/supervisors within the area of investment firms at the Securities & Markets
Supervision Unit.
Qualifications Required

A University of Malta Honours Degree or equivalent qualification in Accountancy or
Banking & Finance or in other Finance related subjects or a comparable recognised
qualification at NQF level 6 or better duly certified by the Malta Qualifications
Recognition Information Centre (MQRIC)*.

A relevant Post-Graduate Degree would be considered an asset.
Eligibility

Applicants would be expected to have worked within the financial services
environment for various years, preferably not less than five (5) years.

Applicants should be able to demonstrate in depth knowledge of regulatory
requirements applicable to the Securities & Markets Supervision Unit.
Duties
The selected candidate will:
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Lead and participate in on-site inspections of investment firms and undertake thematic
on-site visits;
Handle planned or reactive investment firm supervision issues that arise on a day to
day basis;
Exercise supervisory judgement in handling cases, challenging firms on consumer
protection and regulatory issues and ensure that such issues are dealt with
expeditiously;
Take decisions and act on his/her own in line with delegated authority and escalate
issues outside his/her remit and area of responsibility;
Represent the investment firms’ team in engagement with internal and external
stakeholders;
Provide input and recommendations on policy issues working with policy staff as may
be necessary;
Assume responsibility for the management and development of direct reports;
Undertake any other tasks as delegated by senior management in line with the
exigencies of the Authority.
Soft Skills Required

ability to multi-task and to meet strict deadlines

well-developed written and verbal communication skills

ability to work within a team

ability to listen actively and to work on one’s initiative when necessary

a high degree of self confidence
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high level of negotiation skills
* 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.
An Application Form related to the above vacancy may be accessed by clicking here.
A scanned copy of the completed and signed Application Form can be sent by email on
[email protected]. Candidates opting to apply via post are to send the completed
Application Form duly signed, for the attention of the Director of the Human Resources
Unit, Malta Financial Services Authority, Notabile Road Attard BKR 3000. Candidates
may opt to include a C.V. and/or any additional details with the Application Form.
Applications will be received by not later than Friday, 22nd January 2016.
The MFSA will disregard any application received after deadline. Applicants should assess and check before
submitting their application whether they fulfil all the requirements as specified in this Vacancy notice,
particularly in terms of qualifications and relevant professional experience.
Equal Opportunities
The MFSA 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.
Data Protection
The MFSA will ensure that candidates’ personal data are processed in accordance with the Data Protection Act
and that personal data is not processed for any purpose that is incompatible with that for which the information
is collected. This applies in particular to the confidentiality and security of such data.
Appeal Procedure
If a candidate considers that s/he has been adversely affected by a particular decision, s/he can lodge a complaint
within one (1) month from the time the candidate is notified of the application/interview feedback, addressed to
the Chief Operations Officer, Malta Financial Services Authority, Notabile Road, Attard BKR 3000 or at
[email protected].
ETC Vacancy Reference: 293274
ETC Public Permit Reference: 106/2015