Pre-Graduate Officer
About the Function
The regulation and supervision of professional trustees and other fiduciaries fall within the remit of the Malta Financial Services Authority (MFSA), which has a dedicated function responsible for both the authorisation and ongoing supervision of such persons. The primary objective of this function is to ensure that licensed trustees and fiduciaries maintain robust structures, systems, and controls to serve clients effectively, while also upholding their own reputation and that of Malta, in line with the jurisdiction’s international obligations. The Function is also responsible to maintain the trusts beneficial ownership register (TUBOR) updated and correct.
About the Role
Within this role you will be joining the Trustees Supervision Function, to provide operational support to the Function in its day to day processes relating to the authorisation and approval of prospective license holders and key officials, as well as in the ongoing monitoring of the conduct of the respective licence holders, as applicable.
This role will provide you with the opportunity to work closely with a multi-disciplinary team to gain exposure and hands-on experience in the area of regulation, authorisation and supervision, as well as exposure to the workings of international bodies and standards, and in general to work in a professional environment which fosters professional growth.
Your work will include providing support with any of the following workstreams:
- Handling effective and efficient recordkeeping practices of the function.
- Supporting the coordination of the internal and external communication needs of the function relating to authorisation and supervision processes and workstreams.
- Providing support with reviewing and analysing the regular offsite reporting of authorised persons, including annual financial statements, compliance reports and other regulatory returns.
- Supporting other staff members in the conduct of onsite inspections and other supervisory engagements at authorised trustees, fiduciaries and company service providers.
- Assisting in the maintenance of the register of beneficial owners of trusts and dealing with queries relating to the register.
- Supporting the re-engineering and standardisation of work projects, including testing.
- Supporting the creation or amendment of templates, databases and checklists utilised by the Function.
- Carrying out research in relation to emerging trends and legal developments.
- Undertaking any other tasks as delegated by senior management in line with the exigencies of the Function.
About You
We are looking for candidates who are eager to join an enthusiastic team with a keen interest in financial services, regulation and compliance. Interested candidates should be currently reading for, or in the process of obtaining a qualification 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 in Law, Banking & Finance or any other related area.
The ideal applicant should demonstrate the following skills/experience:
- Self-driven and ability to meet deadlines.
- Ability to work in a team.
- Interest in financial services and willingness to broaden knowledge in these areas.
- Attention to detail and commitment to quality and accuracy of work.
- Excellent verbal and written communication skills.
