Senior Analyst (Onsite Supervision)

within Banking Supervision


Senior Analyst (Onsite Supervision)

within Banking Supervision

  • Grade:

  • Type:

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  • Team:

    Onsite Supervision

About Banking Supervision

The Banking Supervision Function at the MFSA is entrusted with the onsite and ongoing surveillance of licensed banks and non-bank financial institutions (FIs) following the issue of their licence from the Authorisation Unit. 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 background, but also legal, accounting and IT professionals to support policy and supervisory work.

The Role

Within this role you will undertake analytical duties related to on-site inspections conducted by Banking Supervision. The selected applicant would be required to undertake the following duties:

  • Form part of joint on-site inspection teams on ECB instigated Missions at SIs comprising team members from the ECB itself and/or other SSM jurisdictions;
  • Form part of MFSA instigated onsite inspections at LSIs as part of an MFSA inspection team;
  • Lead teams on certain inspection exercises at small LSIs, depending on the requirements of the Section;
  • Monitor the level of compliance with applicable regulatory standards of the licence holders and eventually the regulatory obligations emanating from the ECB/local banking and financial institutions legal framework;
  • Take part in meetings with bank officials during the course of onsite inspections or in anticipation and as a follow-up to such onsite inspections;
  • Review documentation during an onsite inspection, analyse such documentation and contribute towards the compilation of relative reports and assessments;
  • Plan visits, liaise with team members continuously before, during and post the onsite review and coordinate the work done by the whole team in order to draw up the onsite inspection report following the end of the review;
  • Ad hoc assignments related to specific regulatory and supervisory issues that arise from time to time and to report on the outcome of such assignments as may be appropriate;
  • Share information and assist other sections within Banking Supervision and also other functions within the Authority;
  • Represent the Authority or contribute towards the operation of regulatory committees and working groups operating within the SSM, EBA or similar overseas regulatory bodies and also within the local financial services sector;
  • Handle any other duties as assigned by the Line Manager or any other delegate depending on the exigencies of the Banking Supervision and the Authority.

About You

We are looking for candidates with solid academic background in Banking & Finance, Information Technology, Auditing/Accountancy, Economics, Engineering, Mathematics or in a related subject.

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.

A relevant post-graduate degree will be considered as an asset.

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 within the financial services environment and/or auditing, we would still be interested in speaking with you.

To succeed within this role it is essential that you have:

  • Previous proven experience in banking supervision or analytical risk assessment of banking sector;
  • Solid understanding of main banking risks, including experience in developing, working with or assessment of ILAAP, ICAAP and Recovery Plans;
  • Familiarity with the role of the regulator, including the SSM structure;
  • General knowledge of MFSA regulations and law. Especially those related to the banking sector;
  • Problem solving and analytical thinking experience with the ability to come up with pragmatic solutions in difficult situations as well as independently coordinate analytical projects and lead small teams;
  • Ability to be strong and assertive with licence holders when required;
  • Strong verbal and written communication skills with the ability to influence and negotiate with internal and external stakeholders as may be necessary;
  • Good teamworking skills and a flexible approach to prioritisation that supports team goals.


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: 299/2022