Senior Officer - Policy Development, Strategy and International Affairs
Description
Senior Officer
Policy Development, Strategy and International Affairs Department
We are seeking the services of an experienced and qualified team member to join us in the capacity of Senior Officer. The Senior Officer will assist the Policy Development Team in meeting its objectives and performing various technical policy support activities. These activities include researching complex regulatory issues, developing and recommending possible solutions, providing advice and guidance on regulatory policy matters, and evaluating the effectiveness of the current and proposed regulatory policy.
This is a key role for the Authority and the post-holder will be responsible for but not limited to:
• Providing effective and timely advice to management regarding regulatory policy issues
• Assisting in the preparation of discussion, consultation and other policy papers, along with rules, statement of principles, guidance notes and other policy documents reflecting the Authority’s regulatory policy initiatives
• Leading and supporting policy and research projects relevant to regulatory policy initiatives
• Developing and applying specialised knowledge related to the regulation of financial services domestically and internationally
• Working closely with line and support areas of the Authority to provide interpretations and advice on regulatory provisions and formulate appropriate supervisory responses in particular cases
• Performing other related work and special projects as assigned in accordance with competencies normally associated with the position
The position requires a proven technical and business background. Therefore, the post holder should have:
• A master’s degree in a relevant related discipline (e.g., finance, wealth management or economics) from a recognised university; a professional designation(s) in a related field is also preferred
• A minimum of seven years relevant experience within a regulated financial services industry and/or with a financial regulatory body, of which at least three (3) years must be at a policy-setting level in the banking, trust, financial markets, investment, FinTech or insurance sectors
• Demonstrable experience in regulatory policy development and drafting
• Exceptional written and oral communication skills and a strong attention to detail and accuracy
• Good knowledge of relevant international regulatory standards
The Bermuda Monetary Authority is the integrated regulator of the financial services sector in Bermuda. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experience.
If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via our ‘Careers at BMA’ page at www.bma.bm. Applications for this position must be received no later than 4 April 2025.
BMA House | 43 Victoria Street | Hamilton HM 12 | Bermuda | Tel: (441) 295 5278
Bermuda Monetary Authority is an Equal Opportunity Employer
Individual Excellence…Collective Strength