Analyst (Funds)
The Investment Services Supervision Function is responsible for the authorisation and supervision of investment services licence holders and recognised persons, particularly investment firms, asset managers and collective investment schemes. Through its supervision, the function assesses compliance with prudential requirements stemming from European Directives and local legislation. It also examines the adequacy of systems and controls, governance arrangements, and risk management within licensed or notified entities under its remit. To support its supervisory work, the function actively participates in European Commission and European Supervisory Authorities’ committees and working groups, contributing to the development of policy and legislation within its scope.
As an Analyst within the Investment Services Supervision you will be expected to carry out the following tasks:
- Act as a relationship manager for a portfolio of licence holders (funds, asset managers, depositaries and recognised persons), corresponding directly with these counterparties, reporting findings and resolving issues as they arise;
- Use judgment to identify high risk cases and prioritising accordingly, escalating issues when necessary to senior management and the Enhanced Supervision Team;
- Perform analytical reviews to observe the level of compliance by licence holders with the applicable regulatory standards and regulatory obligations emanating from the relevant EU directives;
- Assume responsibility for record management and reporting to ESMA and other regulators;
- Undertake reviews of financial regulatory returns, annual reports and audited financial statements and analyse other data/packs forming part of the offsite supervision. Communicate and liaise with licence holders and attend meetings as necessary;
- Take ownership of diary management in relation to offsite supervision and ensure prompt follow up of regulatory returns which are not submitted when sue and update Management information in a timely manner;
- Attend and assist the Team on onsite interactions conducted on Licence Holders under the relationship allocation of the analyst; and
- Undertake other supervisory tasks or projects as delegated by line management.
We are looking for candidates with solid academic background in financial services, accounting, economics, or in another related area which is considered relevant to the function and duties attached to this post.
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.
You will also possess a minimum of three (3) 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 seven (7) years of relevant experience, we would still be interested in speaking with you.
Skills and competencies:
- Ability to multitask and work on own initiative with minimal supervision;
- Self-motivated team player, able to adopt various roles within a team;
- Excellent verbal and written communication skills;
- Ability to prioritise and deliver under pressure;
- Highly IT literate;
- Sound analytical and judgment skills, with the ability to compile reports to a high standard; and
- Financial acumen: A basic understanding of the operations of Asset Managers, Investment Managers, and Collective Investment Schemes.
