Senior Analyst

within Banking Supervision


Senior Analyst

within Banking Supervision

  • Grade:

  • Type:

  • Job code:

  • Team:

    Ongoing Supervision

About Banking Supervision

The Banking Supervision Function at the MFSA is entrusted with the onsite and ongoing supervision of licensed banks and non-bank financial institutions (FIs) following authorisation. The Function also carries out supervision of Significant Credit Institutions (SIs) together with the European Central Bank through the Single Supervisory Mechanism (SSM). The Banking Supervision Team is made up of officials with a banking and economics background, but also legal, accounting and IT professionals to support policy and supervisory work.

The Role

As Senior Analyst you will be assigned to carry out work which will include the following duties:

  • Participating in the development and execution of supervisory strategies for less significant credit institutions &/or JST, including recommending supervisory interventions to mitigate risks;
  • Coordinating and planning of the supervision of a group of less significant credit institutions and/or JST in line with the Single Supervisory Mechanism (SSM) Supervisory Manual;
  • Coordinating and executing the Risk Assessment System and the Supervisory Review and Evaluation Programme (SREP);
  • Liaising with the ECB in relation to the supervision of less significant credit institutions and or JST;
  • Managing a team that is currently made up of two analysts. Providing guidance, leadership and mentoring to more Junior members of the team;
  • Deputising for senior managers when required;
  • Representing the MFSA in industry forums or to external stakeholders;
  • Other ad hoc supervision related duties as may be required by the Head or Deputy Head of the Function from time to time.

The Senior Analysts could be also be requested to work on authorisation cases from time to time.

About You

We are looking for candidates with solid academic background in banking, economics, accounting or in 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 five (5) 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 ten (10) years of relevant experience, we would still be interested in speaking with you.

Candidates should have expertise in one or more of the following areas: business model analysis, internal governance, operational risk, market risk, credit risk, interest rate risk in the banking book, liquidity risk and stress testing.

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: 504/2020