Enforcement Analyst - Investigations

About the role

The Enforcement Function reviews the actions of licence holders and, where necessary, conducts investigations into those suspected of serious compliance failures, serious misconduct or other serious breaches of the law. It also investigates persons carrying out financial services activities without a licence or authorisation, and investigates suspicious or dubious schemes, including referring suspicions of criminal activity to the police. This analyst role joins the Enforcement Function to investigate unlicensed financial services activities and related enforcement actions.

Key responsibilities

• Investigate licence holders and unauthorised business, and recommend enforcement action on a case-by-case basis
• Collect, analyse and assess information, documentation and evidence, and prepare investigation reports, memorandums and correspondence
• Attend meetings with licence holders and unauthorised persons, and on-site visits and surprise inspections
• Coordinate with supervisory functions and other sectors within the MFSA, and discuss investigative strategy with Senior Management
• Prepare memorandums for the Authority's decision-making body and follow up on its decisions
• Investigate dubious, fraudulent or financial crime activities, search the internet, and prepare reports to the police
• Prepare notices and warnings to the public, and attend tribunals or court sittings as necessary
• Take part in Enforcement Function projects and undertake other duties assigned by the Head or required by the MFSA

Required profile

• Solid academic background in financial services, law, accountancy, criminology, information technology or a related field at National Qualification Framework Level 6 or better; non-Maltese qualifications must be certified by MQRIC or be a widely recognised professional qualification at a comparable level
• At least three years of prior experience, preferably in the financial services sector or related fields
• Candidates without the required qualifications but with at least seven years of relevant experience are also considered