Analyst (Policy)

About the Department

Banking Supervision carries out on-site and ongoing supervision of all banks in Malta, licensed under the Banking Act, including their Authorisation. The Policy and Legal Team within Banking Supervision provides policy stances and legal advice, both within the MFSA and to external stakeholders, with a view to the consistent and effective application of the local legislation as well as European Regulations and Directives. The team is also tasked with the transposition and implementation of such EU legislation and guidelines issued by the European Banking Authority.

About the Role

Working in a dedicated Policy & Legal Team within the Banking Supervision function, this is a unique opportunity for you to specialise in financial services and get actively involved with the regulatory process from the perspective of the national competent authority as a regulator and supervisor of banks.

As an Analyst you will be expected to assist with providing efficient and professional advice on policy-related matters, which will include the following duties as necessary:

• Assisting with providing advice on regulatory issues to the Banking Supervision Function, other functions of the MFSA and other authorities as necessary;
• Assisting in drafting of legislative amendments, including preparing the relevant documentation for the publication of such amendments, for the transposition of any relevant EU Directives and the implementation of EBA Guidelines;
• Actively participating in and attending local and overseas training, meetings and working groups of the EBA, the ECB, and other European regulatory bodies;
• Drafting of and participating in the development of the internal procedures of the function;
• Participating in the preparation of policy stances in relation to stakeholders’ questions on regulatory issues of credit institutions;
• Contributing towards ensuring that the Authority fulfils its obligations and the regulatory requirements emanating from EU regulations and directives as well as any applicable local legislation;
• Handling day-to-day regulatory issues emerging from the ongoing supervision process of licence holders supervised by the Banking Supervision;

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

About You

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.

Candidates should also possess a minimum of 3 years work experience within the banking sector or similar. Candidates with experience in the sector from a regulatory compliance perspective is not mandatory but preferred.

If you do not have the necessary academic or professional qualifications but you have at least 7 years of relevant experience, we would still be interested in speaking with you.