Senior Manager – Funds

within Securities and Markets Supervision


Senior Manager – Funds

within Securities and Markets Supervision

  • Grade:

  • Type:

  • Job code:

  • Team:


About Securities and Markets Supervision

The Securities and Markets Supervision Function is responsible for supervising investment services license holders, collective investment schemes, trading venues, central securities depositaries, financial and non-financial entities falling under the scope of EMIR and recognised private collective investment schemes, registered tied agents and recognised administrators. This Function is also responsible for the regulation and oversight of activities in capital markets including the processing of applications for admissibility to listing on Regulated Markets, the processing of notifications in terms of the Securitisation Act, the supervision of the continuing obligations of Listed Companies on Regulated Markets in Malta, the supervision of the markets to identify any market abuse and to carry out any appropriate reviews where applicable.

The Role

The MFSA is looking for a talented senior manager to take responsibility for the management of a dedicated team of fund supervisors within the Securities and Markets Supervision. This role primarily involves the responsibility for the supervision of investment funds, fund managers, recognised persons and depositories. The role also concerns the driving of fund related enhanced supervisory cases until they reach the stage of enforcement. The Senior Manager Funds will be reporting to the Deputy Head of the Securities and Markets Supervision.

We are looking for prospective candidates, who are able to: 

  • Lead, mentor and manage a dedicated team in relation to the fund onsite and off-site supervision by adopting a proactive approach to risk based supervision, being responsible for the team's professional development and ensuring that optimal performance is maintained;
  • Implement the onsite and off-site supervisory plans of the Team and liaise with Licence Holders as necessary;
  • Lead a number of broad scope and thematic onsite inspections, ensuring that onsite visits are carried out up to high supervisory standards expected;
  • Review post-visit letters and ensure such letters are issued within reasonable timeframes;
  • Ensuring early identification of problematic investment funds as well as fund managers and escalating accordingly;
  • Use experience, knowledge and professional judgement to analyse complex cases which require supervisory intervention;
  • Prepare and/or sign off sensitive and complex internal reports submitted to Executive Committee and/or Regulatory Committee and follow-up actions and decisions accordingly;
  • Give material input at formulating supervisory strategy and ensure responsibility and ownership for the implementation of a number of strategic initiatives;
  • Mentor and train his/her direct reports and act as their role model – provide upward support to the Deputy Head and Head of the Function as may be required; and
  • Undertake other assignments by Deputy Head and Head of the Function in line with the exigencies of the unit and organisation.

About You

Qualifications Required:

The role calls for candidates with a University of Malta Honours Degree or equivalent qualification in Accountancy or in Banking & Finance or in other Finance related subjects or a Degree in Law (LL.D) or a comparable recognised finance qualification at NQF level 6 or better duly certified by the Malta Qualification Recognition Information Centre (MQRIC). Possession of a Post Graduate Degree in a discipline relevant to the post would be considered an asset.


  • Applicants are expected to have work experience in the financial services sector for a period of preferably not less than seven (7) years;
  • Applicants should be able to demonstrate in depth knowledge of regulatory requirements applicable in the area of funds and fund managers, including the Investment Services Act;
  • Excellent people management skills with the ability to achieve supervisory objectives through own intervention/effort as well as that of his/her direct reports;
  • An analytical mind set with the capacity to make sound and well-grounded judgements in high risk and high impact situations;
  • Strong written and verbal communications skills with the ability and credibility to engage with senior officials within the Authority; and
  • Capability to train, coach and mentor members of the team in line with their professional development objectives.


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.