The MFSA is the single regulator responsible for financial services in Malta. The Authority’s remit extends to all areas of financial services activity, including credit institutions, financial & electronic money institutions.



201-500

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About the Department
The Insurance and Pensions Supervision function is responsible for the prudential supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and varied skills in the areas of insurance, pensions, accounting, legal, quantitative analysis, actuarial, compliance and other related areas.
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About the Role
You will be joining the Actuarial team and undertake duties of an analytical nature in relation to information required for regulatory purposes in the area of insurance and pensions. Reporting to the Senior Actuary within the Insurance &amp; Pensions Supervision function, you will be expected to carry out the following tasks:
<ul>
<li>Analysis of Solvency II Quarterly Reporting Templates (QRTs) submitted by license holders (LHs), following a risk-based approach;</li>
<li>Analysis of Own Risk and Solvency Assessments (ORSAs) Reports for selected LHs;</li>
<li>Participation in on-site/off-site reviews of&nbsp; individual LHs;</li>
<li>Work on creation of Dashboards with risk management information;</li>
<li>Taking an active role in the Authority's continuous strive for improved quality of data provided by LHs;</li>
<li>Providing ongoing support to other teams (Finance, Authorizations, Compliance, Legal) within the function for analytical and deep-dive technical support. This may relate to profit distribution requests, data related queries, analysis of QRTs of prospective new LHs etc;</li>
<li>Taking part in EIOPA Working Groups and compiling/coordinating questionnaires and information requests as part of MFSA's reporting obligations to EIOPA and other international organisations;</li>
<li>Other &lsquo;ad hoc' assignments.</li>
</ul>
&nbsp;
About You
We are looking for candidates with interest in the financial services area.
The role calls for an academic qualification 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 recognised professional qualification at a comparable level.
If you do not have the necessary academic or professional qualifications but you have at least five (5) years working experience, we would still be interested in speaking with you. Candidates with longer working experience relevant to the role will be preferred.
Ideally you will be:
<ul>
<li>Interested in a career within financial services, ideally be interested in becoming an actuary;</li>
<li>Hardworking and diligent in carrying out your duties;</li>
<li>Show eagerness to collaborate with other team members to develop analytical skills and best practices;</li>
<li>Willingness to learn on the job about insurance concepts, and risk management practices;</li>
<li>Proficient user of Microsoft Excel;</li>
<li>Knowledge on SQL, VBA, and statistical packages considered a plus</li>
</ul>

Malta Financial Services Authority


About the Department

The Insurance and Pensions Supervision function is responsible for the prudential supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and varied skills in the areas of insurance, pensions, accounting, legal, quantitative analysis, actuarial, compliance and other related areas.




About the Role

You will be joining the Actuarial team and undertake duties of an analytical nature in relation to information required for regulatory purposes in the area of insurance and pensions. Reporting to the Senior Actuary within the Insurance &amp; Pensions Supervision function, you will be expected to carry out the following tasks:


 - Analysis of Solvency II Quarterly Reporting Templates (QRTs) submitted by license holders (LHs), following a risk-based approach;

 - Analysis of Own Risk and Solvency Assessments (ORSAs) Reports for selected LHs;

 - Participation in on-site/off-site reviews of
 individual LHs;

 - Work on creation of Dashboards with risk management information;

 - Taking an active role in the Authority's continuous strive for improved quality of data provided by LHs;

 - Providing ongoing support to other teams (Finance, Authorizations, Compliance, Legal) within the function for analytical and deep-dive technical support. This may relate to profit distribution requests, data related queries, analysis of QRTs of prospective new LHs etc;

 - Taking part in EIOPA Working Groups and compiling/coordinating questionnaires and information requests as part of MFSA's reporting obligations to EIOPA and other international organisations;

 - Other ‘ad hoc' assignments.





About You

We are looking for candidates with interest in the financial services area.

The role calls for an academic qualification 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 recognised professional qualification at a comparable level.

If you do not have the necessary academic or professional qualifications but you have at least five (5) years working experience, we would still be interested in speaking with you. Candidates with longer working experience relevant to the role will be preferred.

Ideally you will be:


 - Interested in a career within financial services, ideally be interested in becoming an actuary;

 - Hardworking and diligent in carrying out your duties;

 - Show eagerness to collaborate with other team members to develop analytical skills and best practices;

 - Willingness to learn on the job about insurance concepts, and risk management practices;

 - Proficient user of Microsoft Excel;

 - Knowledge on SQL, VBA, and statistical packages considered a plus


Active

Junior Analyst (Actuarial)

About Department
The Programme Management &amp; Quality Assurance office is responsible for the setting up of a single, centralised framework, designed to ensure the implementation and delivery of key organisational projects and other change initiatives within the Authority. Programme Management is responsible to define best practice within the Authority and aims to standardize quality assurance and change management activities thus introducing economies of repetition in the execution of projects. The Programme Management team is key towards ensuring the completion of projects within budget and in the established timeframes.
About The Role
The eventual appointee will be expected to report to the Deputy Head of the PMQ within the MFSA. The Senior Manager you will act as a central point of contact for the team, ensuring efficient coordination, implementation, and control of both change initiatives and projects.
As Senior Manager you will be responsible for the following main duties:
<ul>
<li>Lead Change Management activities for a portfolio of strategic projects.</li>
<li>Foster a positive change management culture within the respective project teams.</li>
<li>Translate project requirements into actionable plans.</li>
<li>Track ongoing projects, ensuring timely completion and work closely with decentralised project owners.</li>
<li>Manage stakeholder demands, internal working groups, allocate resources, and schedule project timelines.</li>
<li>Proactively handle project scope, risks, and issues.</li>
<li>Mentor team members, offering guidance, feedback and motivation.</li>
<li>Assist PMQ leadership in managing and resolving priority conflicts.</li>
</ul>
The post may require participation in off-site duties in order to attend meetings with external consultants and/or vendors. Selected candidate may also be required to perform duties outside office hours in order to tend to critical issues or recover impacted schedules to ensure adherence to SLAs.
About You
We are looking for candidates with solid academic background in Business. IT and/or Change Management or in an equivalent professional qualification.
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 five&nbsp;(5) years of&nbsp; relevant working experience.
If you do not have the necessary academic or professional qualifications but you have at least ten (10) years of relevant experience in a related environment. we would still be interested in speaking with you.
Knowledge, Skills and Experience Required
<ul>
<li>Demonstrable management skills with a proven track record to lead a motivate multiple teams</li>
<li>Proficient in project planning, demand capacity planning, reporting, data analysis and stakeholder relationship management:</li>
<li>Experience of working in a dynamic and high-pressure environment with multiple deadlines:</li>
<li>Demonstrate a strong awareness of the uses of IT within the financial services industry;</li>
<li>Strong analytical skills and ability to deal with ambiguity in a rapidly changing business environment;</li>
<li>Must be proficient with methods and techniques for preparing statements of requirements both orally and in writing;</li>
<li>Excellent interpersonal and communication skills.</li>
<li>Team player and actively promote team spirit:</li>
<li>Accurate and systematic in doing work.</li>
<li>Knowledge of using JIRA or similar tools will be considered an asset</li>
</ul>
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.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&rsquo;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: 174/2024


About Department

The Programme Management &amp; Quality Assurance office is responsible for the setting up of a single, centralised framework, designed to ensure the implementation and delivery of key organisational projects and other change initiatives within the Authority. Programme Management is responsible to define best practice within the Authority and aims to standardize quality assurance and change management activities thus introducing economies of repetition in the execution of projects. The Programme Management team is key towards ensuring the completion of projects within budget and in the established timeframes.

About The Role

The eventual appointee will be expected to report to the Deputy Head of the PMQ within the MFSA. The Senior Manager you will act as a central point of contact for the team, ensuring efficient coordination, implementation, and control of both change initiatives and projects.

As Senior Manager you will be responsible for the following main duties:


 - Lead Change Management activities for a portfolio of strategic projects.

 - Foster a positive change management culture within the respective project teams.

 - Translate project requirements into actionable plans.

 - Track ongoing projects, ensuring timely completion and work closely with decentralised project owners.

 - Manage stakeholder demands, internal working groups, allocate resources, and schedule project timelines.

 - Proactively handle project scope, risks, and issues.

 - Mentor team members, offering guidance, feedback and motivation.

 - Assist PMQ leadership in managing and resolving priority conflicts.


The post may require participation in off-site duties in order to attend meetings with external consultants and/or vendors. Selected candidate may also be required to perform duties outside office hours in order to tend to critical issues or recover impacted schedules to ensure adherence to SLAs.

About You

We are looking for candidates with solid academic background in Business. IT and/or Change Management or in an equivalent professional qualification.

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 five
(5) years of
 relevant working experience.

If you do not have the necessary academic or professional qualifications but you have at least ten (10) years of relevant experience in a related environment. we would still be interested in speaking with you.

Knowledge, Skills and Experience Required


 - Demonstrable management skills with a proven track record to lead a motivate multiple teams

 - Proficient in project planning, demand capacity planning, reporting, data analysis and stakeholder relationship management:

 - Experience of working in a dynamic and high-pressure environment with multiple deadlines:

 - Demonstrate a strong awareness of the uses of IT within the financial services industry;

 - Strong analytical skills and ability to deal with ambiguity in a rapidly changing business environment;

 - Must be proficient with methods and techniques for preparing statements of requirements both orally and in writing;

 - Excellent interpersonal and communication skills.

 - Team player and actively promote team spirit:

 - Accurate and systematic in doing work.

 - Knowledge of using JIRA or similar tools will be considered an asset


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.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.

Public Call Permit: 174/2024

Senior Manager

About the Department
Banking Supervision carries out on-site and ongoing supervision of licensed banks. The Banking Supervision team comprises professionals with a financial services academic background, but also legal and IT professionals to support policy and supervisory work.
&nbsp;
About the Role
As Junior Analyst you will be responsible for the following main duties:
<ul>
<li>Monitoring, quantitative and qualitative assessment of data submitted by credit and/or financial institutions to the MFSA;</li>
<li>Liaison with relevant stakeholders including credit institutions, the ECB, the EBA and others in connection with ongoing and/or ad-hoc tasks;</li>
<li>Support and active involvement in exercises/projects undertaken by the Data Team (planned and ad-hoc), including both in-house and those with European Supervisory Authorities (EBA, ECB, other);</li>
<li>Testing of Banking Supervision data processing and validation systems;</li>
<li>Support the creation of BI dashboards;</li>
<li>Support team&rsquo;s participation in local/EBA/ECB working groups, as well as other European regulatory bodies as may be required;</li>
<li>Support general office administration</li>
</ul>
You will also be expected to undertake any other duties that may arise depending on the exigencies of Banking Supervision and the Authority.


About the Department

Banking Supervision carries out on-site and ongoing supervision of licensed banks. The Banking Supervision team comprises professionals with a financial services academic background, but also legal and IT professionals to support policy and supervisory work.




About the Role

As Junior Analyst you will be responsible for the following main duties:


 - Monitoring, quantitative and qualitative assessment of data submitted by credit and/or financial institutions to the MFSA;

 - Liaison with relevant stakeholders including credit institutions, the ECB, the EBA and others in connection with ongoing and/or ad-hoc tasks;

 - Support and active involvement in exercises/projects undertaken by the Data Team (planned and ad-hoc), including both in-house and those with European Supervisory Authorities (EBA, ECB, other);

 - Testing of Banking Supervision data processing and validation systems;

 - Support the creation of BI dashboards;

 - Support team’s participation in local/EBA/ECB working groups, as well as other European regulatory bodies as may be required;

 - Support general office administration


You will also be expected to undertake any other duties that may arise depending on the exigencies of Banking Supervision and the Authority.




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.gov.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.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.

Public call number: 881/2023







Junior Analyst (Data)

The Insurance and Pensions Supervision function is responsible for the prudential supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and varied skills in the areas of insurance, pensions, accounting, legal, quantitative analysis, actuarial, compliance and other related areas.
About the Role
In the role as Analyst, you will be trained and develop as a supervisor in the Insurance and Pensions area within the MFSA. Your responsibilities include:
<ul>
<li>Assisting the team in onsite and offsite supervision in order to carry out prudential supervision of licensed insurance license holders;</li>
<li>Undertaking analytical duties related to compliance by insurance license holders in line with their statutory obligations emanating from their operating licenses;</li>
<li>Carrying out on-going off-site surveillance on license holders;</li>
<li>Assisting in the monitoring of the level of compliance with applicable regulatory standards and obligations by license holders;</li>
<li>Participating in on-site compliance visits of insurance license holders;</li>
<li>Undertaking and reporting on the outcome of the different assignments as may be appropriate and necessary.</li>
</ul>
You will also be expected to undertake any other duties that may arise depending on the exigencies of Insurance &amp; Pensions Supervision and the Authority.


The Insurance and Pensions Supervision function is responsible for the prudential supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and varied skills in the areas of insurance, pensions, accounting, legal, quantitative analysis, actuarial, compliance and other related areas.

About the Role

In the role as Analyst, you will be trained and develop as a supervisor in the Insurance and Pensions area within the MFSA. Your responsibilities include:


 - Assisting the team in onsite and offsite supervision in order to carry out prudential supervision of licensed insurance license holders;

 - Undertaking analytical duties related to compliance by insurance license holders in line with their statutory obligations emanating from their operating licenses;

 - Carrying out on-going off-site surveillance on license holders;

 - Assisting in the monitoring of the level of compliance with applicable regulatory standards and obligations by license holders;

 - Participating in on-site compliance visits of insurance license holders;

 - Undertaking and reporting on the outcome of the different assignments as may be appropriate and necessary.


You will also be expected to undertake any other duties that may arise depending on the exigencies of Insurance &amp; Pensions Supervision and the Authority.
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.gov.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.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.

Public Call Number: 35/2024