Assistant Director – International Affairs
The Bermuda Monetary Authority (Authority or BMA) is seeking a skilled and capable individual to serve as Assistant Director responsible for International Affairs within the Policy Development, Strategy and International Affairs Department. Reporting to the Managing Director‑Policy, Strategy & International Affairs, the Assistant Director will develop and lead strategic engagement with international standard‑setting bodies, regulatory bodies and industry stakeholders, analyze international developments and provide strategic advice on international affairs and regulatory matters, and implement advocacy and stakeholder‑management strategies between the BMA and international standard‑setting bodies responsible for financial services outside of insurance such as IOSCO.
The role involves a high degree of collaboration with colleagues across the BMA as well as building relationships with external stakeholders in Bermuda and internationally. The Assistant Director will lead a small team on international affairs matters and support the BMA’s mission and vision, contributing to the execution of the organisation’s corporate strategy, including developing the BMA’s international engagement programme for the non‑insurance sectors and representing the BMA at various international and domestic fora.
Responsibilities
* Propose and develop the International Affairs Strategy for non‑insurance sectors (digital assets, digital finance, banking, investment funds, trusts, investment business, etc.) in collaboration with internal stakeholders and lead implementation.
* Monitor and analyze papers produced by international standard‑setting bodies and provide insight into their impact on Bermuda’s financial services, offering strategic advice to support the BMA’s strategic planning and execution of its international regulatory affairs programme.
* Prepare high‑level briefings and reports for senior management and the BMA’s Board of Directors on international regulatory trends and their implications.
* Collaborate on articulating and developing the BMA’s position on international and regulatory matters, ensuring internal alignment, integrated views and clear, consistent messages.
* Participate in internal committees, working groups, meetings and events as appropriate.
* Provide advice, guidance and information to senior management on international regulatory matters and contribute or lead thought‑leadership insights.
* Liaise, develop and maintain relationships with international regulators, policymakers and other stakeholders; act as the primary point of contact for engagement and regulatory work with relevant international standard‑setting bodies and groups, organise bilateral meetings and facilitate effective communication.
* Attend and actively participate in local and international meetings, conferences and events.
* Provide management, leadership and supervision to assigned teams and individuals, encouraging professional development and achievement of organisational objectives.
* Perform other related work and special projects as assigned by senior executives.
Qualifications
* Master’s degree or equivalent qualification in International Relations, Policy, Law or a related discipline.
* Minimum of ten (10) years of experience in an international affairs or policy role within the financial services industry, including five (5) years at a senior level or experience with a financial regulatory body.
* Strong knowledge of Bermuda, US, EU, UK and other international regulatory environments, legislation and policy‑making processes.
* Good understanding of the nature of the financial services business operating in Bermuda.
* Experience operating in an international environment and evidence of a track record within a diverse, multicultural setting.
* Strong working knowledge of relevant international bodies such as IOSCO and GIFCS.
* Ability to assimilate facts, analyse and prioritise to ensure accuracy and consistency, with tact and discretion in dealing with sensitive and confidential matters.
* Ability to interpret regulations and international documents.
* Demonstrated ability to manage several projects simultaneously and/or manage complex projects within politically sensitive environments, working cross‑departmentally in a collaborative and inclusive fashion.
* Strong communication skills (verbal and written) with the ability to explain complex issues to a variety of audiences.
* Strong stakeholder management, negotiation and interpersonal skills, effective at senior levels.
* Strong analytical and problem‑solving skills, with the ability to develop and implement innovative solutions to complex issues.
* Willingness to travel internationally to represent BMA at various fora.
* Experience as a thought leader, demonstrated through associations, committees, etc.
* Ability to interface with the financial services industry, government and international regulatory bodies.
* Strong work ethic, trustworthiness, commitment to meeting deadlines and excellent interpersonal skills.
The Bermuda Monetary Authority is an Equal Opportunity Employer.
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