Regulator II, Specialised Supervision

The BVI Financial Services Commission (“the Commission”) is seeking a highly motivated financial services professional to join its Authorisation and Supervision Division in the role of Regulator II - Specialised Supervision.

Candidates will join the Specialised Supervision Unit’s cadre of professionals to ensure applicants meet the requirements to carry-out a regulated activity, process post licensing applications for approval activities as well as to ensure that existing licensees satisfy and conform to the relative legislative requirements and guidance. Applicants should be independently motivated and able to work as part of diverse teams across various sectors of the organisation.

Candidates must continue to adhere to the Commission’s service standards and strict requirements for confidentiality, demonstrate an ability to prioritize and manage competing priorities while maintaining keen attention to details and accuracy in the quality of work produced. Professionally recognised qualifications related to AML/CFT, compliance, regulation, banking, insurance, investment business, trust and company management is an asset. Candidates will be evaluated based on the criteria below and will be required to complete an assessment as part of the interview process.

 Duties and Responsibilities:

Conducts ongoing supervision and monitoring of regulated entities by implementing the Commission’s Risk Assessment Framework;

Conducts risk assessments and develop supervisory plans for regulated entities;

Ensures that risk assessments and supervisory plans of regulated entities are kept up to date;

Ensures that supervisory service standards are met;

Assess and analyse relevant prudential data such as returns, audited financial statements, compliance officer reports, etc.;

Assess and analyse of applications for licensing, authorization and/or approvals;

Participates in and assist in the inspection process including drafting reports;

Identify trends and emerging practices from desk based supervisory model and report findings and recommendations;

Analyse complaints or contraventions against statutory requirements and prepare appropriate letters, memorandum, decision papers for submission to the statutory committees;

Write/prepare/present papers for matters to be considered by the statutory committees and FSC Board;

Interact with jurisdictional and internal peers including respond to queries from overseas regulators, the industry and other personnel on all aspects of financial services;

Represent the Commission at local and overseas conferences for continuous education and to keep abreast of changes in the international regulatory environment;

Carry out regulatory inquiries, both internally and externally with domestic and foreign Competent Authorities, as well as assist in the drafting of responses to regulatory inquires that may be received;

Assist with ensuring ongoing compliance with international standards related to supervision and regulation (IOSCO, Basel, GIFSCs, GIICS, IAIS, FSB, FATF and CFATF) and where relevant make recommendations as to how these standards are to be implemented in the BVI regulatory regime; and

Undertake ad-hoc projects and any tasks as assigned.

 Qualifications/Knowledge and Experience Required:

Bachelor’s degree in Finance, Accounting, Economics, Business Management, and a minimum of four (4) years’ experience in the financial services or relevant industry; or

Associates degree in Finance, Accounting, Economics, Business Management, and a minimum of six (6) years’ experience in the financial services or relevant industry;

Professional recognised qualifications related to any of any of the following: Anti-Money Laundering/CFT, Compliance and or Fraud Prevention & Detection, Regulation and Supervision, banking, insurance and investment business;

Project Management;

Professionally recognised qualification related to AML/CFT, compliance, regulations, banking, insurance, and investment business would be an asset;

Knowledge of domestic financial services legislation, in particular the anti-money laundering regime;

Knowledge of international standards related to supervision and regulation (IOSCO, Basel, GIFSCs, GIICS, IAIS, FSB, FATF and CFATF);

Proven analytical capabilities;

Ability to meet operational service standards;

Ability to maintain professionalism and strict confidentiality;

Excellent oral and written communication skills;

Good time management, organisational and interpersonal skills; and

Advanced level skills in using Office applications or equivalent (i.e. Word, Excel, PowerPoint and Outlook).

Competencies

 The following competencies are required:

Professionalism – complies with Commission’s code of conduct, acts with integrity and shows respect;

Quality of Work – consistently produces work that is thorough, accurate, relevant, timely, and in accordance with Commission’s policies, procedures and best practices;

Communication – effectively, professionally and comprehensively communicates, both orally and in writing, with colleagues, licensees and a large cross-section of industry representatives, in a timely and helpful manner;

Team Success - is a cooperative, helpful, and constructive member of the team who willingly shares opinions and ideas and makes suggestions on how to improve processes and service;

Time Management - effectively plans, coordinates, and seeks the most efficient methods to schedule, prioritize, and complete assignments within deadlines;

Customer Excellence - builds positive relationships with internal and external customers by determining their specific needs and responding in a timely, professional and courteous manner;

Continuous Improvement – constantly learning and developing skills and identifying and embracing changes to improve processes and practices within the organization; and

Confidentiality – protects and does not disclose any information relating to the affairs of the Commission to any unauthorized persons in or outside of the Commission, at all times.

Application Direction

Applicants must submit the following: 

Cover letter indicating the position being applied for;

Resume;

Two (2) professional reference letters;

One (1) personal reference letter;

Certified copies of identification; and 

Certified copies of academic certification and or diplomas

Notice: Applicants must upload all required documentation through BambooHR using the link in this advert. Please do not submit hard-copies unless directed to do so. Only potential candidates will be contacted.

Disclaimer

This job description is meant to describe the general nature and level of work required for the position advertised. It is not intended to be construed as an exhaustive list of all responsibilities, duties and skills required. he successful candidate will be required to follow any other job-related instructions and to perform other job-related duties as requested.

Closing Date: 18 February 2026