Analyst (Market Infrastructures)
About the Function
The Capital Markets Supervision Function oversees financial markets to ensure investor protection and orderly markets. This is achieved through various policy and supervisory work done at the stages of primary market, secondary market and post-trading. The Capital Markets Supervision Function’s responsibilities include the processing of applications for admissibility to listing on regulated markets in Malta, the approvals of prospectuses in terms of the Prospectus Regulation, the supervision of the continuing obligations of companies having securities listed on regulated markets in Malta, the supervision of markets to identify any market abuse, the authorisation and supervision of trading venues, central securities depositories and crowdfunding platforms, the supervision of financial and non-financial entities falling under the scope of EMIR and SFTR, the data quality assurance of submissions made under EMIR, SFTR, MiFIR and CSDR, the supervision of administrators, contributors and users of benchmarks in terms of the Benchmarks Regulation and the oversight of activities in terms of the Securitisation Act and the Securitisation Regulation. Capital Markets Supervision is also actively involved in various other initiatives such as the DLT MTF Pilot Regime.
About the Role
As an Analyst within the Capital Markets Supervision Function you will be expected to carry out the following tasks:
- Assisting in the day-to-day supervisory work of the team, including desk-based and, where applicable, onsite supervisory activities.
- Supporting supervisory work relating to central securities depositories including in respect of DLT based operations, crowdfunding services providers, securities financing transactions, securitisation and other post-trading or market infrastructure-related areas.
- Reviewing and assessing submissions, notifications, reports and other information received from market participants in line with applicable regulatory requirements.
- Contributing to the monitoring and analysis of regulatory data, with a view to identifying issues, trends or matters requiring further supervisory consideration.
- Assisting in the preparation of internal notes, reports, statistics and briefing material to support supervisory decision-making and ongoing monitoring.
- Participating in meetings with market participants and assisting in the handling of queries or requests for clarification, under the guidance of more senior members of the team.
- Liaising and collaborating with other teams within the Capital Markets Supervision Function and across the Authority on cross-cutting supervisory matters.
- Supporting the maintenance of supervisory records, internal trackers and related documentation to ensure timely and accurate follow-up of ongoing workstreams.
- Undertaking any other tasks as may be delegated by senior management in line with the exigencies of the Authority.
About You
We are looking for candidates with solid academic background which may be considered as relevant to this post. 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 three (3) years working experience in the area related to the role. Candidates with longer working experience relevant to the role will be preferred. Experience or background knowledge related to financial institutions and/or virtual financial assets will be considered as an asset for this role.
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.
The preferred candidate should have a general understanding of financial services regulation, with knowledge of at least one relevant regulatory framework considered important. Knowledge of CSDR, MiFID II/MiFIR, EMIR or SFTR will be considered advantageous.
Skills and Competencies:
- A genuine interest in financial services and an appreciation of the role of regulation in safeguarding market integrity and investor protection.
- Good analytical and problem-solving skills, including the ability to assess regulatory information and identify practical supervisory considerations.
- The ability to understand and apply regulatory requirements to real-life supervisory situations.
- A sound level of comfort with data, including the ability to review information, identify patterns or inconsistencies, and present findings clearly.
- A proactive attitude and willingness to independently research and develop understanding of new regulatory areas.
- Attention to detail and a commitment to producing accurate, clear and well-structured work.
- Good organisational and time management skills, with the ability to manage a variety of tasks and deadlines.
- Effective verbal and written communication skills.
- The ability to work collaboratively within a team environment and engage constructively with internal and external stakeholders.
