Malta Financial Services Authority
Malta Financial Services Authority
Malta Financial Services Authority

Junior Assistant (Supervisory ICT Risk and Cybersecurity)

About Department

As the Financial Services industry increasingly relies on Information and Communications Technology (ICT), innovation is being driven forward, leading to the emergence of entirely new sectors. Consequently, the importance of ICT Risk and Cybersecurity remains highly relevant.

The Supervisory ICT Risk and Cybersecurity Function forms part of the MFSA’s Supervision Directorate. It is cross-sectorial and has been established to focus on one of the Authority’s outlined key strategic priorities – to address ICT risks and digital finance challenges with a focus on strengthening operational resilience, within the framework of the Digital Operational Resilience Act (DORA). As part of its supervisory role, the portfolio of activities includes rigorous oversight to ensure that regulated firms within the industry are effectively managing their ICT risks and maintaining a resilient cybersecurity framework. This is done in accordance with applicable acts, regulations, rules, and sector-specific guidelines. The function participates and contributes in various working groups, task forces and committees at local and international levels, and develops policies and guidelines for the industry.

The Supervisory ICT Risk and Cybersecurity Function provides expert advice on ICT and Cybersecurity matters to other functions within the MFSA as required. It is also a contributor on emerging strategies, especially those that are technology focused. The function is also the contact point for cyber incident reporting by regulated firms.

About Vacancy

The MFSA is seeking to employ a Junior Assistant within the Supervisory ICT Risk and Cybersecurity Function which plans to grow and further evolve, to continue delivering effectively on its mission.

Main tasks and responsibilities

The selected candidate will work in a dynamic team within the Supervisory ICT Risk and Cybersecurity function. 

The role encompasses:

  • The conduct of analyses arising from the various activities carried out by the function to identify any patterns and/or trends;
  • Assisting in the development and amendment of rules and guidelines as necessary to address changes arising from EU Regulation, Directives and other EU legislative acts, national law, European Supervisory Authority policy, guidelines and market developments;
  • The development and maintenance of operational procedures;
  • Assisting in the preparation of reports as required;
  • Assisting in cross-functional projects and initiatives as necessary;
  • Assisting in the preparation of documents or position papers for submission to the Authority’s decision-making body and/or follow up on decisions taken by the latter in relation to ICT Risk and Cybersecurity;
  • Other duties that may be assigned by the respective line manager and/or head of function from time to time.
Educational and skill requirements

The selected candidate will need to have embarked on an academic journey in ICT law and/or Computer Information Systems, Information Technology, or Information Security, OR in Financial Services and/or FinTech with a view to develop further in the ICT Risk and Cybersecurity aspects of Financial Services.  Industry Certifications in ICT, ICT Risk and/or Cybersecurity would be considered an advantage.

The selected candidate is expected to be a confident individual who is flexible, proactive, dynamic, having a critical and analytical mind-set and attention to detail.  The individual is also required to demonstrate good research and have excellent oral, written and presentation skills.

Languages

  • English

Advertisement published21. January 2025
Application deadlineNo deadline
Language skills
EnglishEnglish
Optional
Intermediate
Type of work
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