Analyst (Banking Sector)
The Financial Stability function is responsible for identifying and assessing risks that may threaten the stability of the financial system and the broader economy. This includes analysing systemic risks and evaluating how developments in the domestic economy, the financial services sector, and the external environment may influence the resilience of the financial system. The function is composed of two complementary teams. The Financial Stability Team focuses on the assessment and monitoring of systemic and sector-specific risks through the use of sensitivity analysis, stress testing and forward-looking risk assessments. This work is complemented by macroprudential research across the banking, insurance, and securities sectors, as well as broader areas such as cyber, climate, geopolitical and concentration risks. It also contributes to the design and calibration of macroprudential policies, assessing their impact and effectiveness. The Intelligence and Research Team is responsible for the function’s statistical capabilities, to carry out quantitative and qualitative research and analysis to assess the national and global economic environment and financial markets, structural shifts as well as market practices that may influence the evolution of the financial services sector. The team also evaluates the impact of these developments, including any measures and initiatives proposed to address them.
About the Role:
As an Analyst within Financial Stability, you will be responsible for the following key tasks:
- Take an active role in the identification, assessment and surveillance of current and emerging risks within the banking sector and provide both micro- and macroprudential recommendations;
- Contribute to the application of qualitative and quantitative techniques, including the use of panel and time-series datasets, forecasting methodologies, statistical and econometric modelling, and questionnaire design, to support the identification and assessment of risks and vulnerabilities;
- Prepare high quality analytical material, including technical reports, dashboards, briefing notes, and other outputs related to systemic or sector specific risks, with a particular focus on the banking sector;
- Attend and contribute to technical meetings organised within the MFSA, as well as at national and European/international level;
- Collaborate closely with colleagues across the Authority and maintain strong working relationships with external institutions, as required;
- Contribute to the MFSA’s publications in the area of financial stability; and
- Undertake other tasks/duties as directed by line management.
- Undertake any other duties as assigned by the Head and/or as may be required by the MFSA from time to time based on the exigencies of the Authority.
About You:
You will hold qualification at MQF Level 6 or equivalent qualification in economics, mathematics, finance, statistics or other relevant field. Professional certifications in the field are advantageous. A Post Graduate Degree in any areas mentioned above would be considered an asset.
A minimum of three (3) years prior experience, preferably within the financial services sector or related fields.
If you do not have the necessary academic qualifications and minimum years’ experience but you have at least seven (7) years of relevant experience, we would still be interested in speaking with you.
The ideal applicant should demonstrate the following skills/competencies:
- Have an interest in financial services;
- Be self-driven with the ability to multitask and meet strict deadlines;
- Have the ability to prioritize and deliver quality work under pressure;
- Demonstrate attention to detail and strive for high quality and accuracy in reports produced;
- Possess excellent verbal and written communication skills;
- Have the ability to build collaborative working relationships, both internally within the Authority and with external stakeholders; and
- Demonstrate sound analytical and presentation skills.
Any knowledge of programming languages such as Python, R and SQL would be considered an asset.
