School Visit at the MFSA • Introduction Peter Grech Manager – Human Resources Unit Malta Financial Services Authority Attard – BKR 3000 tel: 2548 5539 email: [email protected]
Dec 24, 2015
School Visit at the MFSA
• Introduction
Peter GrechManager – Human Resources UnitMalta Financial Services AuthorityAttard – BKR 3000tel: 2548 5539
email: [email protected]
Objectives of the visit
enables students to learn more about financial services
provides assistance and guidance to students who will shortly be making decisions about their studies in relation with their future career
Know more about job opportunities within the financial services sector
Financial Services
• Banking Players• Non-bank Financial Services Players• Investments & Trusts Services Players• Insurance Players
• Money Ball
• Regulators Referee/Umpire
• Market Playing field
The Curriculum Vitae
• A CV is a document that provides an overview of a person’s qualifications (hard skills) and other skills (soft skills) in a clear and effective manner
• Examples:
– Hard skills certificate, diploma, first degree, masters degree, doctorate, others
– Soft skills communication skills, team-work, leadership, self-
confidence, others
Hard Skills
• What are ‘hard’ skills?– ‘Hard’ skills are more of what might
appear on your CV (resume) - your education, experience and level of expertise
Hard Skills: Foundation
• List of ‘O’ Levels – required– English–Maltese–Mathematics– Accounts and Economics / Business
Studies– ECDL– Science Subject– Other language
Hard Skills: Foundation
• List of ‘O’ Levels – good to have any of these:– History– English Literature– Computer Studies– Any other subject/s
Hard Skills: Qualifications
Entries to the financial services industry:• University of Malta:
– Degree in Banking & Finance– Degree in Accountancy– Degree in Economics– Degree in Insurance– Degree in Law– Degree in Maths & Computing– others
• MCAST:– Diploma in Banking & Financial Services– Diploma in Business – Diploma in Insurance Studies– AAT Diploma in Accounting– BTEC Diploma in IT– others
Career Opportunities• Accounting• Accountancy Support• Law• Legal Support• Banking• Investments and securities• Economics• Insurance• Actuarial and statistics
• Trusts and trustees• Company formation• ICT• Management and administration• Clerical and secretarial• Taxation• Risk Management• Risk Assessment• Prevention of financial crimes
Banking• Types of Careers
– Clerical / secretarial duties– Advisory work– Management of processes– Customer service– Legal– Accountancy– IT– Marketing– Human Resource– Other areas: insurance, lending, foreign currency
management, investment management, trade finance, internal auditing, regulatory compliance, prevention of money laundering
Insurance• Types of Careers
– Legal advisors– Insurance managers– Insurance brokers– Underwriters– Loss adjusters– Claims handlers– Surveyors– Customer service representatives– Sales representatives– Compliance officers– Accountants– Risk managers– Money laundering report officers– Financial reporting officers– Client advisors
Investments & Financial Advice
• Types of Careers– Client focused:
• Financial advisers
– Administrative:• People who provide support to the operations
Trusts & Fiduciaries• Types of Careers
– Licenced trustees– Legal services– Accounting and audit professionals– Business and tax advisors– Back office support workers
Anti-money Laundering• Types of Careers in
– Legal and compliance work– Transactions and fraud analysis– Software engineering / development– Risk specialisation– Training on anti-money laundering
Planning Ahead
• Where do we go from now?– Immediate goal: achieve good results at
‘O’ level– Start thinking about what best fits your
aptitude: what do I prefer to do?– Get involved in activities other than
those organised at school
Soft Skills
• What are ‘Soft’ Skills?– ‘Soft’ skills are essentially people
skills – the non technical, intangible and personality–specific skills
– Soft skills are acquired and experienced – they cannot be developed by merely reading text books
Examples of Soft Skills / Qualities
• Self-confidence• Maturity• Commitment and responsibility• Positive attitude• Professional behaviour and appearance• Proactive and flexible attitude to work• Proficiency in written and spoken English• Time management skills• Creative ability• Ability to take initiative• Leadership skills• Organisatonal skills• Managerial skills• Decision making skills• Ability to work with emotional intelligence
Soft Skills: Developing Your Skills
• Work with others:–meetings– voluntary work– development and training opportunities– sports– adventure– Drama–Working assignments and projects as a
team player
Before / At An Interview
• Prepare yourself well before the interview – visit the organisation’s website
• Be punctual• Be a good communicator• Make sure you are appropriately dressed • See that you are well groomed• Watch your body language – posture and eye contact• Switch off mobile • Don’t hold back from showing what you can do• Be ready to say why you are the one who should be
selected