Job Description
This is a key role for the Authority and the post-holder will be responsible for but not limited to:
Leading a multi-disciplinary team of professionals in off-site and on-site supervisory activities for licensed institutions and groups
Undertaking risk-based analysis of regulatory reporting information submitted by licensed institutions and groups, and engaging with key stakeholders to assess the risk presented by firm initiatives and operations
Researching and formulating policy discussion and consultation papers for Bermuda’s licenced financial sector based on the standards issued by supra-national standard setting bodies
Finalising policy initiatives in final rules and policy papers as applicable and introducing amendments to reporting information as required
Liaising with the Legal and Policy Teams as applicable to secure legislative changes when needed and with Management Services to secure support for systems amendments required to enhance reporting and analysis capabilities
Liaising with other departments as applicable to support the Authority’s sector-wide supervisory activities in FinTech, Cyber Risk, AML/ATF and Market Conduct
Managing, assessing, developing and training departmental staff
Liaising with industry bodies, as well as with overseas supervisory and regulatory bodies
Representing the Authority on various committees and through attendance at supervisory colleges, peer reviews, seminars and conferences
Contributing to budget and strategic plan developments for the Department, which align with the overall objectives of the Authority
Performing other related tasks and special projects as assigned by management in accordance with competencies normally associated with this post
This position requires a proven technical and business background. Therefore, the post-holder should have:
A master’s degree in business, finance, accounting or equivalent qualification in a relevant discipline from a recognised institution or a professional designation (i.e., CA, CPA, CFA, FRM, ACIS, FCIS or TEP)
Minimum of ten (10) years relevant experience, of which at least five (5) years should be at a senior level, working with a financial services regulator or within the banking, investment and/or trust sectors
Sound understanding of financial analysis techniques, as well as risk management and corporate governance issues
Ability to interpret and apply legal statutes and other similar material
Working knowledge of relevant international regulatory standards
Good knowledge of trending changes in the financial services industry, such as FinTech, SupTech and other digitised applications
Confidence in conducting and speaking at meetings with c-suite level executives and senior management
Exceptional analytical, written, oral and communication skills, and a strong attention to detail and accuracy
Strong leadership, mentoring and supervisory skills
Leading a multi-disciplinary team of professionals in off-site and on-site supervisory activities for licensed institutions and groups
Undertaking risk-based analysis of regulatory reporting information submitted by licensed institutions and groups, and engaging with key stakeholders to assess the risk presented by firm initiatives and operations
Researching and formulating policy discussion and consultation papers for Bermuda’s licenced financial sector based on the standards issued by supra-national standard setting bodies
Finalising policy initiatives in final rules and policy papers as applicable and introducing amendments to reporting information as required
Liaising with the Legal and Policy Teams as applicable to secure legislative changes when needed and with Management Services to secure support for systems amendments required to enhance reporting and analysis capabilities
Liaising with other departments as applicable to support the Authority’s sector-wide supervisory activities in FinTech, Cyber Risk, AML/ATF and Market Conduct
Managing, assessing, developing and training departmental staff
Liaising with industry bodies, as well as with overseas supervisory and regulatory bodies
Representing the Authority on various committees and through attendance at supervisory colleges, peer reviews, seminars and conferences
Contributing to budget and strategic plan developments for the Department, which align with the overall objectives of the Authority
Performing other related tasks and special projects as assigned by management in accordance with competencies normally associated with this post
This position requires a proven technical and business background. Therefore, the post-holder should have:
A master’s degree in business, finance, accounting or equivalent qualification in a relevant discipline from a recognised institution or a professional designation (i.e., CA, CPA, CFA, FRM, ACIS, FCIS or TEP)
Minimum of ten (10) years relevant experience, of which at least five (5) years should be at a senior level, working with a financial services regulator or within the banking, investment and/or trust sectors
Sound understanding of financial analysis techniques, as well as risk management and corporate governance issues
Ability to interpret and apply legal statutes and other similar material
Working knowledge of relevant international regulatory standards
Good knowledge of trending changes in the financial services industry, such as FinTech, SupTech and other digitised applications
Confidence in conducting and speaking at meetings with c-suite level executives and senior management
Exceptional analytical, written, oral and communication skills, and a strong attention to detail and accuracy
Strong leadership, mentoring and supervisory skills
💡 Quick Summary
Seeking a career-building opportunity? The Assistant Director Supervision (Banking, Trust, Corporate Services and Investment) Department position is now open for candidates interested in the Bank Jobs sector. This role in Glasgow offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
