Analyst (Authorisations)

within Banking Supervision


Analyst (Authorisations)

within Banking Supervision

  • Grade:

  • Type:

  • Job code:

  • Team:


About Banking Supervision

The Authorisation team within Banking Supervision is responsible for the processing of applications of entities proposing to carry out activities in the areas of banking and financial institutions in line with both the respective acts under the local legislation. These activities are regulated and supervised by the MFSA in its role as single regulator of financial services in Malta. The Banking Authorisation team is the entry point for a regulated entity to operate in Malta. The team is a multidisciplinary team consisting of professionals from different academic backgrounds.

The Role

The Analyst (Authorisations) role will consist of:

  • The processing of applications/appointments/amendments to licenses;
  • Carrying out first reviews of new applications;
  • The monitoring of deadlines in the processing of applications and other work within the Function;
  • Co-ordination of the Processing of Passporting notifications in terms of the relevant EU Directives;
  • Co-ordination of the new Personal Questionnaire applications and maintaining the proper oversight during the completion of the review process;
  • Dealing with regulatory enquiries;
  • Participation and co-ordination of meetings;
  • Act as a contact point with licence holders, corresponding directly with these counterparties, reporting findings and resolving issues as they arise;
  • Act as reference to other junior staff members;
  • Carry out work related to EU/ECB/EBA developments;
  • Liaising with other regulatory Functions within MFSA;
  • Cooperation with the FIAU and CBM on new applications;
  • Take decisions and act on own initiative in line with delegated authority and escalate issues outside of area of responsibility and remit;
  • Undertake any other tasks as delegated by senior management in line with the exigencies of the Unit.

About You

You are a candidate with solid academic background in accountancy and good knowledge of banking or another financial services area which may be considered as relevant to this post.

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 a minimum of three (3) years working experience in the area related to the role. Candidates with longer 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.

Preference shall be given to candidates who possess one or more of the following:

  • Relevant professional experience within the payments/e-money industry and/or banking and/or within a supervisory/regulatory environment;
  • A relevant qualification in AML or Financial Crime and/or relevant professional experience.

You should be curious and eager to learn and want to further develop your ability to analyse complex information. You are keen to collaborate with others, pursue team goals and learn from other people's diverse perspectives. You strive to know and anticipate stakeholder needs and will signal any need for change and propose alternative solutions.

You are motivated to contribute to the MFSA's mission and are keen to be part of our team and to use your skills and competencies to achieve the objectives of this position.

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.

Public Call Permit: 561/2021