within Resolution



within Resolution

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About Resolution

Resolution interacts continually with European institutions and local authorities to draft resolution plans for banks and certain investment firms. They also advise the Resolution Committee on whether an institution should go into liquidation or resolution, applying resolution tools as necessary. Furthermore, they manage the process related to Resolution Funds and draft necessary Policies and Legislation supporting the resolution process. Resolution is composed of two main teams which are inter-related, Policy & Legal and Resolution Planning. Policy & Legal is focused on transposition and drafting of relevant legislation and issuance of circulars to apply EBA Guidelines. This team is also responsible for the analysis of policy documents, drafting of policies and procedures to operational resolution functions set in legislation, and for processes related to contributions towards Resolution Funds. Resolution Planning involves preparing resolution plans, based on requirements emanating from relevant legislation and policies, for credit institutions and certain investment firms licensed in Malta, in cooperation with the Single Resolution Board. Both teams are also involved in meetings and task forces at international and local level.

The Role

The successful candidate will join a multidisciplinary team and will be expected to join in the various duties that are undertaken by Resolution including the following tasks as necessary and as commensurate with qualifications and area of expertise: 

  • Prepare resolution plans and/or assist in the drafting of such plans, including analysis and discussions of relevant documents that are an input to such plans;
  • Conduct or assist with the Public Interest and Resolvability assessments;
  • Undertaking necessary checks and calculations related to contributions towards resolution financing arrangements;
  • Conducting assurance checks of data related to Resolution Reporting and other data used in the resolution planning process;
  • Conducting policy related tasks including drafting of internal policy papers, commenting on policy related documents, and participating in policy team meetings as necessary;  
  • Provide comments on Ministry for Finance resolution-related documents and liaise with the Central Bank of Malta and other MFSA functions;
  • Implementing SRB policy and the EBA’s Regulatory Technical Standards;
  • Conduct or assist with the analysis and preparation of comments on documents discussed in various Working Groups and Task Forces;
  • Participation and contribution to meetings both locally and overseas, as appropriate;
  • Provide legal advice to Resolution Committee and underlying sub-structures and represent the Committee in court proceedings as necessary;
  • Transpose and implement any changes to the BRRD into national law, draft regulations, legislation, amend existing legislation as necessary;
  • Provide legal input to documents and reports prepared by Resolution;
  • The appointee may also be involved in on-site compliance visits, workshops and meetings with financial institutions;
  • To oversee and guide more Junior Staff in part of his/her duties;
  • Undertake ad-hoc assignments related to resolution aspects, that may arise from time to time, and to report on the outcome of such assignments as may be appropriate and necessary.

About You

We are looking for candidates with solid academic background in Accountancy, Banking and Finance, Economics or in a similar policy oriented background or relevant experience. Candidates with a solid academic background in Law with University of Malta Degree in Law (LL.D or Master of Advocacy level) or a comparable recognised legal qualification, together with possession of a warrant to practice in the Courts of Malta are also encouraged to apply.

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.

You will also possess the necessary working experience in an area related to the role. Candidates with at least three (3) years working experience relevant to the role will be preferred.

If you do not have the necessary academic or professional qualifications but you have at least seven (7) years of relevant experience, we would still be interested in speaking with you.

How to apply

or query further information

Candidates are to forward a copy of their Curriculum Vitae (C.V.) and an accompanying covering letter providing the motivation for the application to [email protected]

Other Important Information

The MFSA is an Equal Opportunities Employer as certified by the NCPE (National Commission for the Protection of Equality) and is committed to a policy of equal opportunity in all aspects of employment and will take care to avoid any form of discrimination in its recruitment procedures. The MFSA reserves the right to withdraw this call at any time and not to select any of the Candidates.

It is the responsibility of applicants in possession of qualifications awarded by Universities and other similar institutions outside Malta to produce a recognition statement on comparability of qualifications issued by the Malta Qualifications Recognition Information Centre (MQRIC). Applicants should do so preferably at application stage or otherwise at the preliminary interview should an applicant be selected for such interview. Details can be obtained by accessing the National Commission for Further and Higher Education website on under MQRIC heading.

The MFSA shall ensure that any processing of personal data is in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation), the Data Protection Act (Chapter 586 of the Laws of Malta) and any other relevant European Union and national law. For further details, you may refer to the Data Protection Policy on the MFSA webpage

Candidates are to note that the submission of any false statement/s or omission, even if unintended, may lead to the cancellation of their application and may render the candidate's appointment liable to termination.

Furthermore, please note that candidates may be asked to submit any documentation in support of the information provided, including but not limited to, proof of qualifications and Police Conduct Certificates.

Jobsplus Reference no: 360/2020