Deputy Director

Financial Services Director wanted in Bermuda.

Our client in Bermuda
is seeking a Deputy Director.

Job Purpose:

Directs and manage teams and individuals in meeting the
objectives and goals of the 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 provides the basis of quality service and performance of duties.

Responsibilities

1. Directs
        a team involved in a mix of: off-site analysis of financial and other
        performance data, prudential and other meetings with senior management of
        licensed firms, and on –site compliance reviews of aspects of a firms’
        business across many jurisdictions.

2. Provides
        oversight on all relevant matters pertaining to the  supervision of key Group Level insurers.
       

3. Contribute
        to the development and implementation of new or revised policy and/or
        legislative initiatives.

4. Directs
        the preparation of reports of findings of the area(s) reviewed to convey
        information to the CEO and the Board(where appropriate) concerning safety
        , soundness and compliance with the laws and regulations of the companies.
       

5. Participate
        in committees as directed by Executive.

6. Develop
        annual budgets for the effective management of the Department ensuring
        controls are in place to monitor department operations and provide
        accountability for funds distributed in keeping with the goals/objectives.
       

7. Represent
        at various local, regional & international meetings, conferences and
        seminars involving meetings and information exchanges with regulatory
        bodies, Government Agencies and the Financial services Industry to
        maintain and develop key relationships whilst keeping abreast of Industry
        trends

8. Review
        and evaluate situations where projects or time critical tasks may be
        achieved through Outsourcing; Oversee/monitor all such approved incidences
        involving consultants ensuring desired results are achieved within budget.

9. Perform
        other related work and special projects as assigned by management in
        accordance with competencies normally associated with the post.

Staff
Responsibilities

1. 
   Provides senior managerial direction, leadership and
   supervision to the assigned team (s) in addition to providing support for
   technical and administrative issues which lead to the achievement of
   Departmental goals.

1. 
   Identify training needs of employees and establish
   programmes for their development by way of formal training courses, special
   projects or on the job exposure. 

1. 
   Monitor performance of individual team members and
   provide routine mentoring and feedback and prepare formal performance appraisal
   reports as prescribed by the performance management process.

Education &
Experience:

Must have:

• Education:

Masters Degree or equivalent
qualification in an Insurance, financial or Accounting discipline from a
recognized institution or professional body

• Experience:

Minimum of twelve (12) 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