Pre-Graduate Officer
About the Function
The Financial Stability function is responsible for identifying and assessing risks that may threaten the stability of the financial system and the broader economy. This includes analysing systemic risks and evaluating how developments in the domestic economy, the financial services sector, and the external environment may influence the resilience of the financial system. The function is composed of two complementary teams. The Financial Stability Team focuses on the assessment and monitoring of systemic and sector-specific risks through the use of sensitivity analysis, stress testing and forward-looking risk assessments. This work is complemented by macroprudential research across the banking, insurance, and securities sectors, as well as broader areas such as cyber, climate, geopolitical and concentration risks. It also contributes to the design and calibration of macroprudential policies, assessing their impact and effectiveness. The Intelligence and Research Team is responsible for the function’s statistical capabilities, to carry out quantitative and qualitative research and analysis to assess the national and global economic environment and financial markets, structural shifts as well as market practices that may influence the evolution of the financial services sector. The team also evaluates the impact of these developments, including any measures and initiatives proposed to address them.
About the Role
The selected candidate will work in a dynamic team within the Financial Stability function. During the Employment Period, the selected candidate shall carry out the following duties:
- Assist the team in monitoring developments and gathering information related to risks and trends within the financial services sector;
- Contribute to the collection and analysis of financial, statistical and market data to support financial stability related risk assessments, using both quantitative and qualitative analytical techniques;
- Assist in the preparation of reports, presentations and dashboards related to financial stability risks;
- Contribute to data validation, research activities and the maintenance of datasets used for financial and statistical analysis;
- Provide general support to the Financial Stability function in the execution of its responsibilities and ongoing activities; and
- Undertake any other duties as assigned by the Head and/or as may be required by the MFSA from time to time based on the exigencies of the Authority.
About You
The ideal candidate must be following an undergraduate degree in banking and finance, economics, statistics, mathematics or other relevant studies at National Qualification Framework Level 6 or better, duly certified by the Malta Qualifications Recognition Information Centre (MQRIC).
The selected candidate is expected to be able to multi-task and meet strict deadlines, be able to work on own initiative and have attention to detail. Knowledge of data analysis packages such as Python, R or SQL, and Microsoft Power BI would be considered beneficial.
