Fintech Specialist
3 months ago
Hamilton, South Lanarkshire, United Kingdom
Bermuda Monetary Authority
Full time
Description:
FinTech Specialist
Supervision (Financial Technology) Department
This is a key role for the Authority and the post-holder will be responsible for but not limited to:
- Conducting on-site prudential reviews of regulated entities for compliance with the Authority's standards contained in legislation and the Code of Practice applicable to digital asset business entities
- Proactively researching emerging trends and products in relation to distributed ledger technology and digital asset products and product features to enable appropriate risk assessments and response
- Developing regulatory codes and guidance to address emerging industry trends and risks appropriately
- Monitoring distributed ledger transaction data pertaining to regulated entities, analysing and synthesising data to identify patterns, commonalities, and linkages for market manipulation, money laundering or other risks and issues
- Collaborating with analysts to provide indications and warnings and conduct predictive analysis in relation to digital asset business entities
- Advising the supervisory units on the use of distributed ledger technology as it relates to InsurTech
- Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post.
- A Master's Degree in Business, Finance, Accounting, Law or Technology or related professional designation with relevant working experience in Digital Assets
- A minimum of seven (7) years of relevant experience working within a regulated financial service business and/or with a financial regulatory body
- Experience with working in financial technology, including one year direct experience with digital assets and distributed ledger technology inclusive of credit and liquidity risk management
- Extensive knowledge and understanding of international financial service regulations
- Ability to work independently in a fastpaced environment
- Ability to be collaborative and diplomatic
- Excellent writing skills
7 June 2023.
BMA House | 43 Victoria Street | Hamilton HM 12 | Bermuda | Tel:
- Bermuda Monetary Authority is an Equal Opportunity Employer_
- Individual Excellence Collective Strength_