Senior Manager (Onsite)

within Banking Supervision


Senior Manager (Onsite)

within Banking Supervision

  • Grade:

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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. As a Senior Manager you will be reporting to the Deputy Head for the On-site team as well as the Head of the Banking Supervision Function. Key duties you will be responsible for are as follows: 

  • Managing a team of experienced on-site supervisors providing guidance and leadership as well as mentorship to more junior members of the team;
  • Leading on-site supervisory work within the BSU including in coordination with the ECB through the Single Supervisory Mechanism;
  • Plan and manage visits, support team members before, during and post the onsite review and coordinate the work done by the whole team in order to draw up the onsite inspection reports following end of inspections;
  • Lead interviews with bank officials during the course of onsite inspections or in anticipation and as a follow-up to such onsite inspections;
  • Taking a proactive approach in managing the relationship with the BSU on-going supervision team to form on-site strategy against the MFSA and ECB priorities, ensuring consistent supervisory approach and implementation of the SSM methodologies;
  • Implementing horizontal coverage approach as part of the on-site work for assessment of the key risks of the LSIs taking into account specificities of each institution;
  • Working effectively with other units within the MFSA, including FCC, Conduct and ICT contributing to the development of the supervisory tools and agenda within the MFSA;
  • Represent the Authority and contribute towards regulatory committees and working groups operating within the SSM, EBA or similar overseas regulatory bodies and also within the local financial services sector;
  • Supporting effective relationships with the Central Bank and Finance Ministry and contributing to conversations with IMF, MoneyVal and other international organisations which assess the quality of banking supervision in Malta.

About You

We are looking for candidates with a solid academic background in related field. You will need to have academic qualification/s 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 have a minimum of eight (8) years' working experience relevant 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 fifteen (15) years of relevant experience, we would still be interested in speaking with you.

Candidates will also be required to demonstrate in depth knowledge of regulatory requirements applicable to the banking sector, with a proven level of managerial skills and the personality required to supervise and manage staff, as well as proven ability to delegate tasks.

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

  • Proven leadership and managerial skills;
  • Understanding of the SSM structure and European supervisory framework;
  • 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;
  • 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.


Proven knowledge and understanding of the following areas will be considered as a distinct advantage:

  • Solid understanding of main banking risks, including experience in assessment of business model/risks, ILAAP, ICAAP and Recovery Plans;
  • Previous auditing or supervisory experience.


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: 353/2022