Junior Analyst (Accountant)

About the Department

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.

The Capital Markets Supervision is also actively involved in various other initiatives such as the DLT MTF Pilot Regime, the European Single Electronic Format (ESEF), and Sustainable Finance.

About the Role

We are looking for a promising and talented individual seeking growth in the dynamic area of Capital Markets. The role provides exposure to a variety of tasks, including the review and analysis of listed entities' financial information..

You will have the opportunity to:

• Collaborate with team members on examinations of financial statements of listed entities, as referred to in ESMA's Guidelines on Enforcement of Financial Information;
• Collaborate with team members on examinations of non-financial statements of listed entities, in terms of the applicable sustainability reporting requirements;
• Assist in the correspondence with listed entities and/or their auditors on accounting and sustainability matters, including the application of IFRS and ESRS;
• Assist in the review of listed entities' publications to ensure compliance with the requirements of the Capital Markets Rules;
• Contribute to ongoing discussions and developments in the area of sustainable finance;
• Assist in the preparation and compilation of memos and reports as may be required;
• Undertake such other tasks as may be directed from time to time by line management, depending on the exigencies of the Capital Markets Supervision Function.

About You

We are looking for candidates with solid academic background in Accountancy or other relevant field of study in finance. 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.

If you do not have the necessary academic or professional qualifications but you have at least five (5) years of relevant experience, we would still be interested in speaking with you. Qualifications and/or working experience in the area of IFRS and/or Sustainable Finance is considered to be an asset.

The following skills and attributes are important for this position:

• Interest in the area of Capital Markets and the ongoing supervision of listed entities;
• A challenging mind in the application of International Financial Reporting Standards (IFRS), Generally Accepted Accounting Principles (GAAP), and European Sustainability Reporting Standards (ESRS);
• Well-developed written and verbal communication skills;
• Attention to detail; and the ability to work in a team.

The preferred candidate will be given various opportunities to learn and be trained for the role, through various mechanisms which the Authority holds such as the Financial Supervisors Academy and on the job training.