At a Glance
- Tasks: Lead a team to supervise and regulate financial institutions under key legislation.
- Company: Join a leading regulatory body in the vibrant financial sector of Bermuda.
- Benefits: Competitive salary, professional development, and opportunities for impactful leadership.
- Other info: Dynamic role with excellent career growth and networking opportunities.
- Why this job: Shape the future of financial services while making a real difference in the industry.
- Qualifications: Master’s degree or equivalent experience in finance, law, or related fields required.
The predicted salary is between 63000 - 77000 £ per year.
The postholder will direct a team of professionals responsible for the supervision and regulation of licensed institutions under several key legislative acts, including the Banks and Deposit Companies Act 1999, Investment Business Act 2003, Fund Administration Provider Business Act 2019, Trusts (Regulation of Trust Business) Act 2001, Money Services Business Act 2016, Corporate Service Provider Business Act 2012, and Credit Union Act 2010.
Key Responsibilities
- Lead a multi-disciplinary team of professionals in on-site and off-site supervisory activities for licensed institutions and groups.
- Conduct risk-based analyses of licensed entities and groups to establish annual supervisory plans and applicable minimum regulatory requirements.
- Monitor remediation progress by licensed institutions to resolve issues identified during supervisory activities.
- Contribute to the development of regulatory policy for the broader financial services industry.
- Apply appropriate risk-based models to allocate supervisory resources efficiently.
- Ensure the supervisory team achieves agreed objectives regarding regulated entities.
- Prioritize staff management, assessment, performance development, and training.
- Liaise with domestic industry bodies and international supervisory/regulatory authorities.
- Represent the organization on various committees and at external industry seminars and conferences.
- Execute related duties and special projects assigned by management consistent with the role's scope.
Qualifications and Experience
Education & Credentials:
- Master’s degree in Business, Finance, Law, or a related discipline (or equivalent professional qualification); OR
- Bachelor’s degree in Business, Finance, Law, or a related discipline paired with a relevant professional designation (e.g., CA, CPA, CFA, FRM, ACIS, FCI, or TEP).
Experience:
- Minimum of seven (7) years of postgraduate experience, including at least three (3) years at a senior level within a financial services regulator or within the banking, investment, and trust sectors.
Core Skills:
- Solid grasp of financial analysis techniques, risk management frameworks, and corporate governance standards.
- Demonstrated ability to interpret and apply legal statutes, regulations, and industry guidelines.
- Proven leadership, people management, mentoring, and supervisory abilities.
- High level of confidence conducting and leading discussions with senior management.
- Strong analytical, written, verbal, and presentation skills with an emphasis on accuracy and detail.
- Working knowledge of international regulatory standards and systems/databases (specifically Microsoft Office).
- Aware of emerging industry developments and digital applications, including FinTech and SupTech.
Principal, Supervision (Banking, Trust, Corporate Services and Investment) in Hamilton employer: J&T Business Consulting
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StudySmarter Expert Advice🤫
We think this is how you could land Principal, Supervision (Banking, Trust, Corporate Services and Investment) in Hamilton
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like J&T Business Consulting. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Principal, Supervision (Banking, Trust, Corporate Services and Investment) in Hamilton
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to J&T Business Consulting.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on J&T Business Consulting's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at J&T Business Consulting
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with J&T Business Consulting.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at J&T Business Consulting will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former J&T Business Consulting employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
