At Mediterranean Bank we value our employees and strive to continuously invest in our workforce. The environment is dynamic and offers challenging yet exciting opportunities for growth and development. We are always on the lookout for new talent to further complement our teams.
To be a premier Maltese bank, operating both locally and abroad, and to create world class operational capabilities in Malta which support our international services.
To provide a superior banking experience, by offering value-added services that foster the confidence of our stakeholders, build long-term customer relationships and exceed the expectations of our clients.
The selected candidate will be responsible for the daily monitoring of settlement activity for securities and mutual funds trades.
Confirming that client trade details match broker confirmations for equities, bonds and mutual funds
Reviewing and resolving settlement discrepancies, i.e. failed trades
Escalating unresolved trade and settlement discrepancies to management as needed
Processing, monitoring and following up client requests to transfer securities from an external custodian to the Bank and vice versa
Reconciling securities holdings and transactions
investigating unreconciled items
Assisting in system modification and testing
Other duties to be determined from time to time by the Back Office Investments Manager
Detail oriented and capable of completing the workload in an accurate and timely manner
Excellent written and verbal communication skills
Ability to work in a team and to achieve results under pressure
Strong problem solving skills
An understanding of securities features and operational processes, acquired through previous work experience or education, will be considered as an asset
Ensuring that all executed equities, bonds and mutual funds trades are processed in the system on a daily basis
Assisting in the resolution of problems associated with settlement activity and escalate issues/concerns to supervisor
Processing, monitoring and following-up client requests to transfer securities from an external custodian to the Bank and viceversa
Reconciling securities holdings and transactions
Investigating unreconciled items
Drafting and updating procedures related to the tasks and responsibilities of the Back Office Trade Settlement team
Compiling and analyzing KPIs to monitor the team’s performance and control operational risks
Assisting with internal and external audit requests
Previous work experience in securities clearance, back office trade settlement or similar roles
Ability to work in stressful environment with minimal supervision
Proficiency in MS Word and Excel
Bachelor degree or equivalent in Business, Finance, Accounting or related field will be considered as an asset
The selected candidate will form part of the Bank’s corporate team covering local lending granted to corporate entities. The chosen candidate will assist the team on matters relating to credit control requirements, customer reviews and monitoring of collateral positions.
Maintaining the credit portfolio in line with the Bank’s policies and procedures
Maintaining an acceptable level of risk and low default rates
Reviewing and following up daily monitoring processes such as excesses and past dues report, covenant compliance diary, and other regular or adhoc reporting requirements
Safeguarding of the Bank’s securities through collateral management
Achieving set goals related to quality and control within the Corporate Credit unit
Other duties as may be determined from time to time by the Corporate Lending Manager and/or Corporate Administration Manager
Knowledge of banking processes especially where lending is concerned
Basic understanding of different types of collateral including hypothecs and privileges, pledges and other types of security
Proficiency in MS Office applications
Customer oriented, positive attitude and able to work on own initiative
Banking background acquired through qualifications or experience will be considered an asset
The primary role of the Dutch Contact Centre Officer is to support our Dutch speaking customers throughout their customer journey, from account opening to saving and investing through the MeDirect platform. We are looking for people who are excited to work in a fast growth and innovative environment and with a passion for excellent customer service.
This vacancy is being issued with a possibility of a definite or indefinite contract.
The Finance Transformation Manager will combine the finance capability with programme and change management expertise to implement and embed improvements and deliver sustainable value. The chosen candidate will work to deliver and manage finance transformation projects in one or more of the following areas; Finance strategy development; Finance operating model design; Finance processes improvement; Finance systems advisory; Financial close, consolidation and reporting.
Preferably Finance re-engineering specialist from consulting or finance project management background
Strong analytical mind-set
Strong commercial awareness
Banking experience in investment banking or commercial banking
Management experience in identifying and executing finance improvement projects
Effective partner with other stakeholders support functions and businesses
Well-developed oral and written communication skills
The primary role of the French Contact Centre Officer is to support our French speaking customers throughout their customer journey, from account opening to saving and investing through the MeDirect platform. We are looking for people who are excited to work in a fast growth and innovative environment and with a passion for excellent customer service.
The primary objective of the Bank’s Legal and Corporate Governance Department is to ensure that all formal documentation is legally correct and compliant to all regulatory standards.
Directly reporting to the Financial Reporting and Control Manager, the chosen candidate will be mainly responsible for enhancing control processes within the finance function and for the compilation of financial statements and tax submissions. The selected candidate will be in regular contact with our offices in Brussels and London as well as working with the Bank’s support functions and business departments.
Identifying initiatives for continuous improvement
Newly qualified accountant (or at final stages of qualifying)
Strong knowledge of MS Excel
Proven ability in financial and management accounting and taxation matters
Practical knowledge of IFRS and its implications on reporting
Pro-active and able to work on own initiative
Effective working relationship with other stakeholders support functions and businesses
Excellent interpersonal and communication skills with the ability to drive change effectively
A will to learn and grow through personal development
The Senior Business Analyst will form part of the Business Development team and will be responsible for revising existing payments infrastructure and operational processes, proposing and implementing the necessary improvements to bring the payments processing to industry standards and optimising income/cost ratios of payments services. In addition the chosen candidate will be responsible in the preparation and execution of a plan to make the bank compliant with payments related regulations of European Union. This vacancy is being issued with a two year definite contract with a possibility of indefinite extension.
Revising and documenting existing payments processing and infrastructure, including the correspondent banking network
Preparing and implementing improvements in order to streamline the payments processing and optimise the cost versus revenue structure
Performing a business analysis of regulatory changes related to payments services (PSD1, PSD2, eIDAS)
Recommending changes and implementing plans in order to comply with regulatory changes related to payments services
Managing the implementation of proposed changes and improvements
A minimum of 5 years of experience and a track record of delivering payments related change programmes/projects
The selected candidate will be responsible for the day to day operations of the HR function.
The Software Development QA Officer will ensure that developed products meet design specifications and are within the Bank’s quality limits and standards. Additionally, the chosen candidate will develop and apply customised test procedures for the Bank’s products and communicate continuously with developers and technical support specialists on product issues.
Bachelor's degree in Computer Science or equivalent combination of relevant education and experience
Experience in interpreting SOAP, XML and JSON objects
Experience in understanding MSSQL
Experience with QA processes and methodologies (both automated and manual test processes)
Proficient in testing web technologies including web sites, APIs and RESTful Web Services
Working knowledge in C#, Selenium and NUnit
Results-oriented with a strong ability to prioritise and deliver results
Strong collaborator and team player across internal and external team members
Strong problem resolution, analysis and troubleshooting skills
Able to define problems, collect data, establish facts, and draw valid conclusions
Fast learner and able to adapt and navigate quickly with minimal guidance and supervision
Able to adapt to changing requirements and priorities
Prior experience with Jira, Git, GitLab, Bamboo, Confluence will be considered an asset
The Treasury Officer will form part of the Treasury Team and will be mainly responsible of all ad hoc treasury management impact analysis pertaining to new asset classes, regulatory impacts and opportunities that the Bank encounters. Furthermore, the chosen candidate will assist the team on all treasury operations related to trading, cash flow, liquidity, funding analysis and reporting.
Assisting in the Banks’ hedging operations both in interest rate hedging and foreign exchange swaps
Assisting in regulatory derivative trade reporting and hedge accounting reporting
Assisting in the banks’ cash flow management and liquidity forecasting
Trading in Bonds, Repos and Foreign Exchange
Keying in of trades in the Banks’ systems
Keeping abreast of regulatory changes that impact the Banks’ treasury and capital management
Ad hoc impact analysis pertaining to new asset classes, regulatory impacts and opportunities that the Bank encounters
Participating and contributing towards the updating of the Department’s procedure manuals
Other duties to be determined from time to time by the Head of Treasury
Bachelor’s Degree in Banking, Finance, Economics or Management
Strong knowledge of MS Excel/ PowerPoint/ Bloomberg
Strong in problem solving skills
Preferably, banking experience in Investment Banking or Commercial Banking
Directly reporting to the Financial Reporting and Control Manager, the chosen candidate will be mainly responsible for assisting in enhancing control processes within the finance function and in the compilation of financial statements and tax submissions. The selected candidate will be in regular contact with our offices in Brussels and London as well as working with the Bank’s support functions and business departments.
Ensuring necessary financial processes and controls are in place to ensure adequate and accurate financial reporting
Ensuring full reconciliation between management and financial reporting packs
Establishing a good relationship with other functions within the Group
Challenging the current practices and procedures and developing and implementing effective changes
Ensuring compliance with generally accepted accounting principles and practices, Group accounting policies and other regulatory accounting guidelines
Compiling statutory financial statements of the various entities of the Group in line with accounting standards
Developing good working relationships with external and internal audit teams
Preparing tax returns and other documentations required by tax authorities
Other duties as may be determined from time to time by the Financial Reporting and Control Manager
Capable of building effective working relationship with other stakeholders, support functions and businesses
Please submit a detailed Curriculum Vitae (CV) and covering email to the attention of the HR Manager on email@example.com including the vacancy title in subject by the closing date. All applications will be acknowledged and treated in strictest confidence. Late applications will not be considered.
(+356) 2557 4400
Mon – Fri 8:00am to 6:00pm
Sat 8:00am to 1:00pm
Mediterranean Bank plc
10, St. Barbara Bastion
Valletta VLT 1961 Malta
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