Deputy Head of Division
Reporting to the Head of Division, the Deputy Head is responsible for day-to-day operation and management
of staff of the Division and works closely with other CIMA divisions to ensure that the required policies are
developed and implemented in a timely manner and efficiently, and sufficient research in international/
local legal, economic and financial developments is carried out to proactively improve CIMA’s regulatory
regime.
RESPONSIBILITIES:
The successful candidate will:
• Direct, delegate and monitor the effective development and amendment of regulatory measures and
other policy documents;
•Provide advice to other CIMA Divisions regarding the interpretation and application of regulatory
measures;
• Participate in surveys and preparatory work for international reviews of the jurisdiction’s framework for
financial supervision;
• Ensure international regulatory developments are monitored and analysed to determine the
application and/or implications for the Cayman Islands;
• Prepare analytical research papers of a financial services / regulatory nature;
• Plan, direct and delegate the research required to provide accurate and timely information to other
supervisors, international organizations, the Cayman Islands Government and/or internally;
• Plan, direct, delegate / maintain all projects and assignments of the Division and identify and
recommend the development and implementation of learning and development programmes based
on the needs of the Division;
• Research, analyze and report on solutions and options to ensure CIMA is at the forefront of regulation
and regulatory practices;
• Research thoroughly and draft written advice and/or reports to Government and other agencies with
respect to the CIMA’s regulatory or cooperative functions;
• Respond to complex regulatory issues and conduct sound analysis to determine the appropriate
recommendations to be employed;
• Develop and deliver educational sessions to staff regarding changes to the regulatory framework; and
• Participate and lead, when required, internal and external working groups.
REQUIREMENTS:
• A Master’s degree in law, economics, business or a finance-related area; and
• Seven (7) years’ experience in a financial regulatory organization at a senior level; or seven (7) years’
managerial experience in a relevant industry at a senior level;
• Expert knowledge of the various international standards within the financial industry;
• Extensive knowledge of banking, banking supervision, insurance, captive insurance market, mutual
funds and security and investments services industries;
• Extensive knowledge of the relevant Cayman legislation on the various areas of the financial industry
as well as the domestic and international supervisory framework;
• Exceptional analytical skills and the ability to practically adapt concepts; and
• Good computer skills with working knowledge of all Microsoft applications.
Direct applicants only.
Applications received from agencies will not be accepted at this time.
Application Deadline: 27 December 2024
(Only shortlisted candidates will be notified)
Application for Employment
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