At a Glance
- Tasks: Lead international affairs strategy and engage with global regulatory bodies.
- Company: Join the Bermuda Monetary Authority, a key player in financial regulation.
- Benefits: Competitive salary, professional development, and opportunities for international travel.
- Other info: Collaborative environment with strong career growth potential.
- Why this job: Make a real impact on global financial standards and policies.
- Qualifications: Master’s degree and 10 years of experience in international affairs or policy.
The predicted salary is between 80000 - 100000 € per year.
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, analyse 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 analyse 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.
- 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.
Assistant Director-International Affairs Policy Development, Strategy and International Affairs[...] in Hamilton employer: Bermuda Monetary Authority
The Bermuda Monetary Authority (BMA) is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the field of international affairs. With a strong commitment to employee growth, the BMA provides opportunities for professional development and engagement with global regulatory bodies, all while being situated in the beautiful and vibrant locale of Bermuda. Employees benefit from a supportive culture that values diversity and encourages meaningful contributions to the financial services sector.
StudySmarter Expert Advice🤫
We think this is how you could land Assistant Director-International Affairs Policy Development, Strategy and International Affairs[...] in Hamilton
✨Tip Number 1
Network like a pro! Get out there and connect with people in the industry. Attend events, join relevant groups, and don’t be shy about reaching out to folks on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Tip Number 2
Research is key! Before any interview, dive deep into the company’s recent projects and their role in international affairs. This shows you’re genuinely interested and helps you tailor your responses to what they care about most.
✨Tip Number 3
Practice makes perfect! Mock interviews with friends or mentors can help you nail down your answers and boost your confidence. Focus on articulating your experience in international policy and how it aligns with the BMA’s mission.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take the initiative to engage directly with us. Don’t miss out on this opportunity!
We think you need these skills to ace Assistant Director-International Affairs Policy Development, Strategy and International Affairs[...] in Hamilton
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience in international affairs and policy development. We want to see how your skills align with the specific responsibilities of the Assistant Director role.
Showcase Your Experience:Don’t just list your previous roles; explain how your past experiences have prepared you for this position. We’re looking for evidence of your ability to manage complex projects and engage with international stakeholders.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your ideas, as we appreciate strong communication skills that can explain complex issues simply.
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way to ensure your application gets the attention it deserves, and we can’t wait to see what you bring to the table!
How to prepare for a job interview at Bermuda Monetary Authority
✨Know Your International Affairs
Make sure you brush up on the latest trends and developments in international regulatory affairs, especially those related to financial services. Familiarise yourself with key bodies like IOSCO and GIFCS, as well as Bermuda's position within these frameworks. This knowledge will help you demonstrate your expertise and show that you're ready to contribute from day one.
✨Showcase Your Strategic Thinking
Prepare examples of how you've developed and implemented strategies in previous roles. Think about specific instances where your strategic advice made a difference in international affairs or policy development. Be ready to discuss how you would approach creating the International Affairs Strategy for non-insurance sectors at the BMA.
✨Highlight Your Stakeholder Management Skills
Since this role involves liaising with various stakeholders, be prepared to discuss your experience in building and maintaining relationships. Share examples of how you've successfully navigated complex stakeholder environments and facilitated effective communication, especially in politically sensitive situations.
✨Demonstrate Leadership and Team Management
As you'll be leading a small team, it's crucial to convey your leadership style and how you support professional development. Prepare to discuss your approach to managing teams, encouraging collaboration, and achieving organisational objectives. Highlight any past experiences where you’ve successfully led projects or initiatives.