Junior Analyst (Authorisation)

About the Function

The Investment Services Supervision Function is responsible for the authorisation and supervision of custodians, investment firms, fund managers, collective investment schemes, recognised private collective investment schemes, registered tied agents and recognised fund administrators. Through its supervision, the function assesses compliance with prudential requirements stemming from European Directives and local legislation and regulations. It also examines the adequacy of systems and controls, governance arrangements, risk management, and risk mitigation within licensed entities under its remit. To support its supervisory work, the function actively participates in Commission and European Supervisory Authorities’ committees and working groups, contributing to the development of policy and legislation within its scope.

About the Role

With this role, you will be forming part of the Authorisation Team within the Investment Services Supervision Function. The Authorisation Team is primarily responsible for the processing of applications of entities proposing to carry out activities in terms of the Investment Services Act.

The following are the tasks which you would primarily be involved in:

• Assessing shareholding structures, business plans, financial projections and governance proposals in relation to entities licensed in terms of the Investment Services Act;
• Assessing the suitability of members of the Board of Directors and of Key Function Holders;
• Drafting memoranda to be presented to the relevant decision-making bodies within the MFSA;
• Communicating effectively and persuasively at the level required to establish effective working relationships with key internal and external stakeholders; and
• Carrying out such other tasks as may be delegated by the Head, Deputy Head and/or Senior Manager.

About You

We are looking for candidates with a solid academic background in Law, Accountancy, Banking and Finance, Economics, Public Policy, or any other finance related background. Experience related to asset management and fund structures will be considered as an asset for this role.

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 in a compliance or an investigative and/or analytical environment, we would still be interested in speaking with you.

The ideal candidate should demonstrate the following skills/experience:

• Have an interest in financial services;
• Self-driven and ability to multi-task and meet deadlines;
• Ability to prioritize and deliver quality work under pressure;
• Attention to detail and strive for quality and accuracy of reports raised;
• Excellent verbal and communication skills;
• Ability to build collaborative working relationships, including internally within the Authority as well as with external stakeholders; and
• Sound analytical skills.