Temporary Senior Analyst, Supervision (AML/ATF)
Description
Temporary Senior Analyst
Supervision (Anti-Money Laundering/Anti-Terrorist
Financing) Department
The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as a Senior Analyst in the Supervision (Anti-Money Laundering/Anti-Terrorist Financing) Department for a two-year period. Reporting to a Principal, the Senior Analyst will be responsible for performing management reviews and conducting investigations of a compliance nature with respect to existing legislation, including monitoring and analysis of selected businesses, reporting findings and recommendations to the Principal for discussion and developing action plans.
The post-holder will act as the subject matter expert on Anti-Money Laundering/Anti-Terrorist Financing (AML/ATF) issues within the Authority.
This is a key role for the Authority and the post-holder will be responsible for but not limited to:
• Undertaking on and off-site examinations of AML/ATF-regulated financial institutions to evaluate their systems and controls for compliance with the regulations and preparing reports for discussion
• Assisting with the development and management of an off-site monitoring programme for financial institutions to evaluate compliance with the regulations
• Reviewing and updating AML/ATF guidance notes against new requirements as necessary
• Producing and giving outreach sessions to regulated financial institutions and other interested parties as required
• Assisting in the periodic production of the AML/ATF risk assessment of regulated financial institutions
• Developing agendas and schedules, and attending prudential meetings with financial entities to discuss findings of the review, minute discussions/decisions and developing corrective action plans as appropriate
• Monitoring identified high-risk licensees with compliance issues by review, memoranda and timely direct follow-up with company representatives
• Developing and maintaining the register of AML/ATF-regulated financial institutions
• Participating in general enforcement activities, including investigations and requests for regulatory assistance as approved by management
• Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post
This position requires a proven technical and business background, therefore, the post-holder must have:
• A bachelor’s degree or equivalent designation in business, law or finance-related field from a recognised institution or professional body
• A minimum of five (5) years of relevant postgraduate experience in the financial services industry and/or working experience with a financial or regulatory body in the compliance/AML, investigations or auditing field
• A working knowledge of the international standards on the prevention of money laundering and combating terrorist financing, and other international regulatory pronouncements
• Proven experience in the evaluation of corporate governance structures, risk management frameworks and/or internal controls
Bermuda Monetary Authority is the integrated regulator of Bermuda’s financial services sector. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experiences.
If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via www.bma.bm/vacancies. Applications for this position must be received no later than 16 January 2026.
Bermuda Monetary Authority is an Equal Opportunity Employer
BMA House | 43 Victoria Street, Hamilton HM 12 | [email protected] | (441) 295 5278
Professionalism, Integrity, Accountability, Adaptability, Collaboration