Bermuda Monetary Authority is hiring a

Assistant Director - Cyber Risk

Deadline: 1 week

Job Type: Permanent

Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as an Assistant Director - Cyber Risk in our Department of Operations. Reporting to the Deputy Director-Cyber Risk, the Assistant Director - Cyber Risk will be responsible for supervising all aspects of cyber risk supervision for BMA-regulated entities by way of effective plans and schedules, demonstrating leadership qualities and communication skills that. provide the basis of quality service and performance of duties. This is a key role for the Authority, and the post-holder will be responsible for: Conducting meetings and on-site security reviews of regulated entities for compliance with the Authority's standards, comparable to such frameworks as NIST, ISO 27001, COBIT, etc., before making operational cyber risk assessments, building rating profiles and recommending security controls improvements. Managing the creation of evaluation/on-site reports. Identifying risk to regulated entities associated with the intelligence topic. Advising and supporting the Authority's supervisory departments regarding ongoing cyber supervision Working in consultation with Banking, Trust, Corporate Services and Investments (BTCSI), Insurance and Financial Technology supervisors to manage the creation of on-site operational cyber risk schedules and supervisory plans based upon professional judgement and operational cyber risk model ratings arising from prudential filings, previous on-sites, cyber threat intelligence and other relevant. inputs Keeping under review the design of operational cyber risk supervisory frameworks for on-site and off-site supervision of BMA-regulated entities and ensuring that these operational operati cyber risk frameworks are aligned with international standards Working in consultation with Supervisory, Policy Development, Legal Services and Enforcement and other relevant departments in preparation for the drafting of operational cyber risk supervisory policies, procedures, guidance notes and legislative drafting instructions Reviewing regulated entity cyber risk submissions for both licensing applications and prudential filings and producing risk and compliance reports for relevant sector supervisors • Performing duties as a member of the FinTech and InsurTech Innovation Working Groups, assisting them with administering the regulatory sandboxes and innovation hubs, particularly as it relates to cybersecurity analysis and advice Oversees performance of individual team members, provides direction, mentoring and feedback. Conducts formal performance appraisal discussions as prescribed by the performance management. process. Managing the research of emerging cyt cyber threats. Applying an analytical understanding of hacker methodologies and tactics, system vulnerabilities, and key indicators of attacks and exploits. Producing threat intelligence, providing situation awareness of cyber threats impacting regulated entities' digital assets. Communicating to regulated entities and senior leadership both quantifiable and qualitative cyber risk to the enterprise through briefings and threat intelligence reports Collaborating with technical analysts to provide indications and warnings and conduct predictive analyses of potentially malicious. activity Advising the supervisory units on the use of machine learning and advanced security software • Performing other related work and special projects as assigned by management in accordance with competencies normally associated with the post This position requires a proven technical and business background; therefore, the post-holder must have: A master's degree in computer science, information technology, telecommunications or equivalent education/designation or related work experience together with formal education in the areas of CISSP, EC-Council CISO certifications, CISM, CISA, Security+, ISO, ITIL and privacy certifications A minimum of ten (10) years of cyber risk experience as a cybersecurity specialist or similar role in the financial services sector, preferably in the regulatory environment. Experience must include at least five (5) years of senior-level experience Experience in managing and mentoring direct reports Knowledge of Bermuda's Insurance Act 1978, Digital Asset Business Act 2018, cyber codes of conduct and associated frameworks is required Experience in drafting of policies and legislative drafting Solid understanding and experience with encryption, PKI and key protection The ability to conduct third-party security reviews Effective communication skills Experience with distributed ledger technology and digital assets

Salary

Not specified

Benefits

Not specified

How to Apply

submit your application online via our 'Careers' page at www.bma.bm

Berm

Contact InfoBermuda Monetary Authority

BMA House | 43 Victoria Street | Hamilton HM 12 | Bermuda

(441) 295 5278

Application DeadlineJul 16, 2025

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