- Closing date:
- Job code:
- Date post
- Finance- Pensions
About Insurance and Pensions Supervision
The Insurance and Pensions Supervision is responsible for the supervision of insurance companies, insurance intermediaries, retirement schemes, retirement funds and retirement service providers. The team employs professionals with a varied background and comprises skills relation to insurance, pensions, accounting, legal, quantitative analysis, actuarial skills, compliance and others
The eventual appointee will be joining the Finance team in the analysis of information required for regulatory purposes in the area of pensions. Reporting into the Deputy Head- Finance within the Insurance and Pensions Supervision, the individual will be expected to carry out the following tasks:
- Undertake analytical duties related to compliance by pensions licence holders in line with their statutory obligations emanating from their operating licences.
- Carry out on-going off-site surveillance on licence holders.
- Monitor the level of compliance with applicable regulatory standards by licence holders and eventually the regulatory obligations emanating from the Pensions legal framework.
- Participate in on-site compliance visits of pensions licence holders.
- Act as a reference to other staff members and will be also required to involve himself/herself in ‘ad hoc’ assignments related to specific regulatory and supervisory issues that arise from time to time
- Report on the outcome of the different assignments as may be appropriate and necessary.
We are looking for candidates with solid academic background in accounting, or a finance professional, or in pensions.
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.
The applicant is to possess a minimum of five (5) years working in the area of pensions finance. Candidates with longer working experience relevant to the role will be preferred.
How to apply
or query for 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 www.ncfhe.org.mt 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 www.mfsa.mt.
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.