Regulator II, Authorisation

The BVI Financial Services Commission (“the Commission”) is seeking a highly motivated financial services professional to join its Authorisation and Supervision Division. Candidates will join the Authorisation Unit’s cadre of professionals to ensure applicants meet the requirements to carry out a regulated activity, process post licensing applications for approval activities as well as to ensure that existing licensees satisfy and conform to the relative legislative requirements and guidance. Applicants should be independently motivated and able to work as part of diverse teams across various sectors of the organisation. Candidates must continue to adhere to the Commission’s service standards and strict requirements for confidentiality, demonstrate an ability to prioritise and manage competing priorities while maintaining keen attention to details and accuracy in the quality of work produced. Professionally recognised qualifications related to AML/CFT, compliance, regulation, banking, insurance, investment business, trust and company management is an asset. Candidates will be evaluated based on the criteria below and will be required to complete assessments as part of the interview process.

Duties and Responsibilities:

• Conduct ongoing supervision and monitoring of regulated entities by implementing the Commission’s Risk Assessment Framework;
• Conduct risk assessments;
• Ensure that authorisation service standards are met;
• Assess and analyse relevant Authorisation data;
• Assess and analyse applications for licensing, authorisation and/or approvals;
• Participate in and assist in the inspection process including drafting reports;
• Identify trends and emerging practices from authorisation and supervision model and report findings and recommendations;
• Analyse contraventions emanating from the authorisation process against statutory requirements and prepare appropriate letters, memoranda, decision papers for submission to the statutory committees;
• Write/prepare/present papers for matters to be considered by the statutory committees and FSC Board;
• Interact with jurisdictional and internal peers including respond to queries from overseas regulators, the industry and other personnel on all aspects of financial services;
• Represent the Commission at local and overseas conferences for continuous education and to keep abreast of changes in the international regulatory environment;
• Carry out regulatory inquiries, both internally and externally with domestic and foreign Competent Authorities, as well as assist in the drafting of responses to regulatory inquiries that may be received;
• Assist with ensuring ongoing compliance with international standards related to supervision and regulation (IOSCO, Basel, GIFSCs, GIICS, IAIS, FSB, FATF and CFATF) and where relevant make recommendations as to how these standards are to be implemented in the BVI regulatory regime;
• Undertake ad-hoc projects and any other tasks as assigned.

Qualifications/Knowledge and Experience Required:

• Bachelor’s degree in Finance, Accounting, Economics, Business Management, or another relevant field with a minimum of four (4) years’ experience in the financial services or relevant industry; or Associates degree in Finance, Accounting, Economics, Business Management, or another relevant field with a minimum of six (6) years’ experience in the financial services or relevant industry;
• Professional Qualifications a plus: Anti-Money Laundering and or Fraud Prevention & Detection, Regulation and Supervision; Project Management; Professionally recognised qualification related to AML/CFT, compliance, regulations, banking, insurance, and investment business would be an asset;
• Knowledge of domestic financial services legislation, in particular the anti-money laundering regime;
• Knowledge of international standards related to supervision and regulation (IOSCO, Basel, GIFSCs, GIICS, IAIS, FSB, FATF and CFATF);
• Proven analytical capabilities;
• Ability to meet operational service standards;
• Ability to maintain professionalism and strict confidentiality;
• Excellent oral and written communication skills;
• Good time management, organisational and interpersonal skills;
• Advanced level skills in using Office applications or equivalent (i.e. Word, Excel, PowerPoint and Outlook).

Competencies:

• Professionalism – complies with Commission’s code of conduct, acts with integrity and shows respect;
• Quality of Work – consistently produces work that is thorough, accurate, relevant, timely, and in accordance with Commission’s policies, procedures and best practices;
• Communication – effectively, professionally and comprehensively communicates, both orally and in writing, with colleagues, licensees and a large cross-section of industry representatives, in a timely and helpful manner;
• Team Success - is a cooperative, helpful, and constructive member of the team who willingly shares opinions and ideas and makes suggestions on how to improve processes and service;
• Time Management - effectively plans, coordinates, and seeks the most efficient methods to schedule, prioritise, and complete assignments within deadlines;
• Customer Excellence - builds positive relationships with internal and external customers by determining their specific needs and responding in a timely, professional and courteous manner;
• Continuous Improvement – constantly learning and developing skills and identifying and embracing changes to improve processes and practices within the organization;
• Confidentiality – protects and does not disclose any information relating to the affairs of the Commission to any unauthorized persons in or outside of the Commission, at all times.

Application Direction:

Applicants must submit the following:

• Cover letter indicating the position being applied for;
• Resume;
• Two (2) professional reference letters;
• One (1) personal reference letter;
• Certified copies of identification;
• Certified copies of academic certification and or diplomas.

Closing Date: 29 June 2026