The deadline to submit an application for the Bermuda Monetary Authority’s graduate training programme [GTP] is tomorrow [May 31].
Jeremy Cox, the Authority’s CEO, said the GTP provides a solid career path for young Bermudians who are ready to step into the important arena of financial regulations.
Mr. Cox said “Through the GTP we provide young Bermudians with the opportunity to join our team and gain comprehensive knowledge and exposure to Bermuda’s financial services industry.
“Being a financial services supervisor in Bermuda presents unique opportunities. Bermuda is a market leader in insurance, is positioned to be a major player in the fund sector, and is home to a banking sector of domestic importance.
“The Authority’s supervisors must be talented technically, but also must be willing to provide top tier service to our key stakeholders in Bermuda and overseas. Those stakeholders may be depositors, investors, or policyholders of Bermuda’s financial firms.
“They also may be other international supervisory agencies. Providing timely, practical responses to applications and queries from firms is also very important. Overall, the work of our supervisors contributes to Bermuda’s long-term viability as a premier financial services centre.”
In 2008, the BMA launched its three-year GTP. For trainees, programme elements include: a personalised work track that supports their area of interest; being paired with an Executive mentor; rotations through supervisory departments; and local and international secondments.
This year, the first two trainees experienced important milestones within the Programme. Vashun Blanchette is currently seconded to the Bank of International Settlements in Basel, Switzerland while Treasa Fubler recently completed her international secondment with Hiscox UK in London. Upon successfully completing the GTP, the trainees are offered full-time employment as Analysts at the
Mesheiah Crockwell, Head of Human Resources said, “We have been very encouraged by the calibre of attendees at our recent information sessions. These individuals come from diverse technical backgrounds, not just business. The Authority has a diverse workforce.
“However, we continue to focus on developing knowledgeable, Bermudian regulators. The Programme is designed to expose our trainees to every facet of financial regulation. Though the work load can be intense, our trainees are being groomed to fill technical positions within any of the Authority’s various supervisory units.”
Mrs. Crockwell continued, “Through guidance and mentorship, collaboration and education, our trainees are placed on a path that allows them to participate in important work that directly impacts the stability of Bermuda’s economy. For those who feel that that are up for the challenge, applying to join our GTP can lead to a very rewarding career.”
To be eligible for the GTP, potential candidates must be:
- a university graduate with at a minimum, a Bachelor’s degree from an accredited institution
- intelligent and well-spoken with a strong business sense
- able to produce high quality written and oral presentations
- able to demonstrate basic knowledge of the insurance and/or financial services sectors
- committed to a career in financial regulation for three years post completion of the Graduate Training Programme and
- 21 years or older.
Persons interested in applying to the Programme can download an application form and a Programme brochure from the Careers section of the BMA website. For additional information, contact Dianne Burgess on 278-0281 or email: firstname.lastname@example.org.
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