Senior Enforcement Officer

The BVI Financial Services Commission (“the Commission”) is seeking a highly motivated professional to join its Enforcement Division in the role of Senior Enforcement Officer. 

The Commission has a risk-based approach to the regulation and supervision of its licensees. As the jurisdiction’s financial services business has evolved and matured, the Commission’s focus on supervision and enforcement has also evolved.  The enforcement function therefore forms a key part of Commission’s regulatory activities.  Through its enforcement function, the Commission takes action against its licensees and unauthorised persons who commit breaches of relevant laws.  This is done in order to protect the market, its participants, and the reputation of the BVI.   As such, the Commission utilises its wide powers for enforcement, [underpinned by the FSC Act and its regulations, as well as the Guidelines and Operating Procedures of the Enforcement Committee (the “Guidelines”)], to deter and penalisze for breaches; as well as to encourage and compel compliance with all its relevant rules and laws 

Candidates must adhere to the Commission’s service standards and strict requirements for confidentiality, demonstrate an ability to prioritise and manage competing priorities while maintaining keen attention to details and accuracy in the quality of work produced. Candidates will be evaluated based on the criteria below and will be required to complete assessments as part of the interview process.

Duties and Responsibilities:

Managerial

Assist in the ongoing development and implementation of an effective enforcement strategy as a part of the Commission’s strategic objectives;

Undertake and oversee enforcement investigations relating to the conduct of financial services business in or from within the Territory;

In conjunction with Director and Deputy Director of Enforcement, Manage, direct and supervise the case workload of Enforcement personnel including the management of:

Complaints and reports concerning the conduct of financial services business in, or from within, the Territory including media reports and complaints against licensees by clients, creditors and investors, and the investigation of complaints of unlicensed BVI companies being concerned in authorized financial services business; and

Any other suspected breaches of financial services laws, regulations, and guidelines.

Provide high level recommendations aimed at improving the Commission’s strategic development of regulation and supervision geared towards encouraging regulatory compliance; and

Assist in the preparation of reports for the Board of Commissioners to inform them of developments to, and application of the Commission’s enforcement function.

Enforcement and Investigations

Prioritise and conduct investigations including complex and/or sensitive matters arising from;

complaints   andannegative  report  or  information  concerning  the  conduct  of financial services business in, or from within, the Territory including complaints against   licensees   by  clients,   creditors  and  investors  and  complaints   alleging unlicensed and unauthorised financial services business;

intelligence received in relation to BVI entities, persons and structures;

referrals from the authorization, supervisory and compliance divisions: and

any other suspected breaches of financial services laws, regulations and guidelines.

Prioritise and carry out enforcement actions in relation to licensees and other relevant persons;

Carry  out  instructions  and directions from the Enforcement Committee;

Conduct research in relation to ongoing investigations and breaches of financial services legislation including utilising  databases, engagement   with domestic   and foreign regulatory authorities and law enforcement;

Prepare and submit reports to the Director of Enforcement, Enforcement Committee, or the Board of Commissioners on the progress or outcome of investigations;

Attend meetings of the Enforcement  Committee   as may be required and other committees and working groups that may be established by the Commission or in which the Commission is involved;

Recommend appropriate enforcement action, in conjunction with any necessary legal opinion, for breaches of financial services legislation;

Respond promptly to telephone and written enquiries from the general public, industry, government and other relevant bodies concerning enforcement aspects of financial services business in the BVI;

Making appropriate referrals to other regulatory or law enforcement bodies in accordance with the Commission's domestic and international cooperation obligations and in accordance with statutory disclosure gateways;

Monitor activities within the financial services industry to determine possible trends, patterns or issues in relation to breaches of financial services legislation, financial crimes impacting the BVI and other threats that may adversely impact the BVI; and

Contribute to the enhancement of the Commission's supervisory framework based on information gathered from the enforcement process.

General

Present information to the industry and general public through speaking engagements, and other appropriate media channels when required to do;

Develop relevant procedures and processes towards the enhancement and efficiency of the Commission's enforcement function, rules and procedures and make proposals for legislative improvements to the BVI's financial services legislative and enforcement framework;

Prepare various written reports, memoranda, and correspondence related to the Commission's enforcement function;

Participate in other areas related to the enforcement function of a regulatory authority, including contributing to initiatives of supranational organisations to which the Commission and/or the BVI may have an interest; and

Attend domestic and foreign seminars and conferences with a view to continuing education and maintaining relevant awareness of changes in standards that impact financial services regulation, enforcement and investigation techniques, and prepare reports which set out recommendations towards improving the efficiency and effectiveness of the enforcement function, and wider mandates of the Commission.

Qualifications/Knowledge and Experience Required:

The minimum qualifications required to successfully perform the job are as follows:

Bachelor's degree with a background in business, finance or accounting, law enforcement or other relevant area or equivalent with 7 years of relevant experience in the financial services or relevant industry; 

Master's degree with a background in business, finance, or accounting, or other relevant area would be an advantage; 

A recognized certification in fraud or financial investigation would be an advantage;

At least 7 years of experience of investigative and enforcement work within a regulatory body or in the legal, audit, finance, law enforcement, fraud and forensic or compliance

Strong oral, written and presentation communication skills;

Proficiency in Microsoft Office Word, Outlook, Excel, and PowerPoint;

Detailed knowledge of the BVI’s financial services laws and regulatory framework;

Ability and willingness to make presentations to senior colleagues, committees, industry bodies and practitioners;

Ability to read, analyse, and interpret business and company documents and basic financial records;

Knowledge of auditing and accounting principles would be an advantage;

Ability to develop investigative plans and implement or direct the implementation of the plans;

Ability to lead investigative teams and work cooperatively in a team with a variety of individuals;

Ability to carry a large caseload whilst simultaneously managing the progress of case investigations undertaken by junior personnel;

Ability to lead, manage, direct and conduct investigations of complex cases which involve breaches of financial services legislation;

Ability to conduct effective interviews with witnesses and the subjects of enforcement investigations;

When required to do so, provide witness statements or affidavits which may be required in evidence in cases involving the Commission and to appear as a witness in Court or other proceedings, at all times acting to a high professional standard;

Ability to prepare clear and concise written reports and detailed and analytical reports as and when required; and

Present a professional image of the Commission at all times.

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.

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. The successful candidate will be required to follow any other job-related instructions and to perform other job-related duties as requested.

Closing Date:  12 March 2026