This position requires a proven technical and business background. Therefore, the post-holder must have:
• A master's degree in economics, business or finance or an equivalent qualification from a recognised institution or professional body
• Minimum of ten (10) years relevant experience, of which at least five (5) years should be at a senior level, working within financial services, a financial regulatory body, a central bank or a management consultancy
• Knowledge and experience with the range of legislation and regulations associated with banking recovery and resolution, applying legislation to policies and procedures and assessing compliance
• Knowledge of review, analysis and assessment principles, practices and assessment tools and techniques (e.g., diagnostic, monitoring, assessment), and financial institution business structures, operations and governance to establish potential options for a resolution regime.
• Knowledge of the regulatory perimeter and governance, inclusive of legislative and regulatory requirements
• Demonstrated history of project management experience especially in planning, project leadership and risk and issue management, with excellent organisational skills and the ability to prioritise multiple tasks, projects and assignments using effective time management skills
• Knowledge of relevant current developments in the national and international recovery and resolution frameworks
• Experience with drafting prudential policy legislation, rules and regulations, including discussion and consultation papers, is an advantage
• Forward-thinking leader with a collaborative focus who can consult effectively with key constituents and become recognised as a valued resource
• Strategic thinking skills with the ability to anticipate future changes in the broader environment
• Dynamic/flexible demeanour with exceptional stakeholder relationship management and client service skills and able to adapt communication strategies to the needs of their audience (e.g., simplifying complex messages)
• Research, risk assessment and analytical skills to review practices and experiences in other jurisdictions to determine their relevance and value for Bermuda
• Possesses a strong commercial acumen, facilitating understanding of the economic impact of options under consideration
• Strong written and verbal communication and presentation skills with a strong executive presence
The 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.