Actuarial Jobs, Actuarial Positions, and Actuarial Employment
Actuarial Jobs, Actuarial Positions, and Actuarial Employment
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Job ID: 32863
Job Openings by Title Assistant Director
Location Bermuda
Position:		 	Assistant Director

Company:			Other

Location:			Bermuda

Job ID:			32863


-Directs and manages teams and individuals in meeting the objectives and goals of the Banking, Trust, Corporate Services and Investment Department by way of effective plans and schedules that support the strategic plan and overall objectives of the company; demonstrates effective leadership qualities and communication/relationship skills which provide the basis of quality service and performance of duties.
-Supervision - Directs and/or assists in the development and implementation of a schedule of on-site visits and off-site monitoring of institutions based on the Authority’s risk based approach to supervision.
-Maintains regular contact with the overseas supervisory authorities that have host regulatory responsibility for the firms that have international operations and co-ordinates the supervisory activities to ensure that the Authority, as home supervisor, has a complete view of the licensees’ global operations.
-Reviews and evaluates situations where projects or time critical tasks may be achieved through outsourcing; Oversees/monitors all such approved activities involving consultants ensuring desired results are achieved within budget.
-Establishes, measures and monitors service standards for applications, licensing and other regulatory transactions.
-Directs or assists in the development and implementation of new or revised policy and/or legislative initiatives for licensed financial institutions in consultation with the Authority’s Policy, Legal and Enforcement teams.
-Develops annual budgets for the effective management of the Department ensuring controls are in place to monitor department operations and provides accountability for funds distributed in keeping with the goals/objectives of the company. Provides monthly variance report for the Board on interim results.
-May be required to represent the Authority at various local and international meetings, conferences, seminars involving meetings and information exchanges with regulatory bodies, government agencies and the financial services industry and to manage, develop, and maintain key relationships whilst keeping abreast of industry trends.
-Performs other related duties as assigned by CEO in accordance with competencies normally associated with the position.
-Provides leadership and direction to the assigned team within the Banking, Trust, Corporate Services and Investment Department.
-Provides management leadership and supervision to assigned teams and individuals with respect to providing professional advice, encouragement and guidance in conducting their assignments and achieving both departmental objectives and personal goals.
-Identifies training needs of employees and, in conjunction with L&D, establishes programs for their development by way of formal training courses, special projects or on the job exposure.

-Oversees performance of individual team members, provides direction, mentoring and feedback. Conducts formal performance appraisal discussions as prescribed by the performance management process.


-Master’s Degree or equivalent qualification in business, finance, economics or law and a relevant professional qualification from a recognized institution or professional body.
- Minimum of ten (10) years relevant post graduate experience of which at least (5) years should be at a senior level in the financial services business, and/or working experience with a financial regulatory body.
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