Senior Analyst, Supervision (AML/ATF)
Description
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 our Supervision (Anti-Money Laundering/Anti-Terrorist Financing) Department. Reporting to the Principal, the Senior Analyst will be responsible for assessing compliance with respect to existing Legislation, including the monitoring and analysis of selected businesses, reporting of findings and recommendations to the Assistant Director for discussion and developing action plans. The post holder will act as the subject matter expert on 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. Preparing reports for discussion
• Assisting with the development and management of an off-site monitoring program 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
• Developing agendas, schedules and attending supervisory meetings with AML/ATF regulated financial institutions to discuss findings of review, minute discussions/decisions and developing corrective action plans as appropriate
• Monitoring identified high risk licencees 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 in business or finance related field and/or equivalent qualifications suitable to the responsibilities of the position from a recognized institution or professional body
• Minimum of five (5) years’ relevant post graduate 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 set by the Financial Action Task Force (FATF)
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 26 November 2025.
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