The Resolution function is responsible for developing and implementing resolution plans for banks and certain investment firms, ensuring that failing institutions can be managed without threatening financial stability. It advises the Resolution Committee on whether an institution should enter liquidation or resolution and on the appropriate use of resolution tools. Operating independently from supervision, the function works within the framework of the MFSA Act and administers requirements stemming from the BRRD, SRMR, RRR and the IGA on contributions to the Single Resolution Fund. Resolution is organised into two interconnected teams: Policy & Legal, which handles legislative transposition, policy drafting, EBA guideline implementation and processes related to Resolution Funds; and Resolution Planning, which prepares institution specific resolution plans in cooperation with the Single Resolution Board. Both teams engage regularly with European and local authorities, contributing to working groups, meetings and task forces.About the Role • Handling the general administrative office duties, which mainly include secretarial and other support duties depending on the day-to-day exigencies of Resolution as may be required;
Drafting documents and correspondence;
Filing and record-keeping of documents;
Assisting and supporting the Legal and Policy Team in conducting legal and policy work;
Undertaking ad-hoc assignments related to resolution and insolvency aspects that may arise from time to time and to report on the outcome of such assignments as may be appropriate and necessary;
Undertaking 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 To qualify for this role, you will need to be currently reading for a first degree in any of the following subjects: Law, Banking & Finance or any other related course.To succeed within this role you should also have the following competencies:
Strong organisational skills with the ability to manage multiple tasks effectively.
Excellent written and verbal communication skills.
Proficiency in Microsoft Office Suite (Word, Excel, PowerPoint).
Attention to detail and a commitment to maintaining high standards of accuracy.
Ability to work independently as well as part of a team, demonstrating initiative and a proactive approach.
Other 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.