Chief Technology Officer

Deadline: 1 week

Job Type: Permanent

The Bermuda Monetary Authority (Authority or BMA) is seeking an experienced Chief Technology Officer (CTO) to contribute to the development and implementation of the Authority's technology strategies and policies, while providing leadership and management oversight of the Authority's technology infrastructure. Reporting to the Deputy Chief Executive Officer, the CTO will effectively champion the implementation of the Authority's technology strategy. strat This is a vital leadership hip role n that will both develop and coordinate the implementation of technology strategies aligned with business goals, drive innovation, evaluate emergi nging technologies, and collaborate with other members of the Executive Team to integrate technology into the Authority's overall strategy. This key role for the Authority, and the post-holder will be responsible for but not limited to: Collaborating with the Executive Team on developing and articulating the Authority's technology vision and strategy, ensuring alignment with business objectives Developing and coordinating the execution of technology roadmaps, anticipating future needs and recommending solutions Working closely with the CEO to identify approaches to best integrate technology into business strategies Staying abreast of new technologies and trends, assessing their potential impact and recommending adoption Managing the Authority's technology budget, ensuring cost- effective solutions and resource allocation Effectively communicating technology strategies and initiatives to both technical and non-technical audiences within the Authority for the purposes of cascading and fostering an organisational-wide innovative environment Overseeing technology and innovation forums within the Authority ensure orderly functioning, cascade of best practices and coordinated implementation of technology initiatives, ensuring an agile environment Collaborating with various departments within the Authority, including the teams that regulate Bermuda's financial services borating with various departments sector, to ensure technology supports their needs and objectives Leading the management and continuous improvement of the Authority's IT infrastructure, ensuring system availability, data integrity, cybersecurity, and compliance with internal policies and international standards Overseeing and/or coordinating the development of various forms of artificial intelligence (including predictive models, dels, machine learning tools, large language models, agentic artificial intelligence, etc.), robotic process automation, data science and other tools to satisfy the BMA's delivery of regulation/supervision and satisfaction of other needs, and ensuring that the Authority has robust integrated enterprise systems Identifying, assessing, and mitigating technology-related risks, ensuring alignment with the Authority's overall risk gov governance framework and regulatory obligations Overseeing the selection, negotiation, and performance of technology vendors and service providers, ensuring value for money and alignment with strategic goals. Implementing and managing IT service delivery frameworks ensure high-quality, user-centric support for internal stakeholders Representing the Authority at at various varie various local and international meetings, conferences, seminars, involving meetings and information exchanges and managing, developing, and maintaining key relationships with other regulatory bodies, governmental agencies, and the financial services industry, while keeping abreast of industry trends Providing managerial direction, leadership and supervision to the assigned assigned team(s) team(s) in in addition addition to to pro providing roviding support su for technical and administrative issues which lead to the achievement of Departmental goals Managing cross-functional relationships, mentoring technology teams and fostering a collaborative and innovative environment across the Authority Performing other related work and special projects as assigned by the Executive in accordance with competencies normally associate with the post This position requires a proven technical and business background. Therefore, the post-holder must have: A Master's degree or equivalent qualification in Computer Sciences, Information Systems Management, Technology or similar field from a recognised institu or professional body or requisite work experience in a comparable role A minimum of fifteen (15) years' relevant experience of in financial technology with at least five (5) years at a senior level in the financial services industry, preferably in a financial services regulatory body A general understanding of the principles of modern financial vices risk-based regulatory and supervisory frameworks In-depth knowledge of, and practical experience with, agentic artificial intelligence/large language models/machine learning/ robotic process automation and other enabling technology supporting financial services risk-based regulatory and supervisory frameworks, and modern onsite examination techniques Proven ability to develop and execute long-term technology strategies Proven staff management/development/mentoring and negotiation ring and nego skills with an exceptional track record of of bri bringing togeth ether and fostering collaboration amongst internal stakeholders with varying perspectives, and driving organisation wide innovative cultures and staff engagement within a large company Excellent interpersonal and communication skills with the ability to effectively interact with staff and the public, as well as senior executives within international, governmental and other regulatory bodies within the financial services in industry brin

Requirements

A Master's degree or equivalent qualification in Computer Sciences, Information Systems Management, Technology or similar field from a recognised institution or professional body or requisite work experience in a comparable role A minimum of fifteen (15) years' relevant experience of in financial technology with at least five (5) years at a senior level in the financial services industry, preferably in a financial services regulatory body A general understanding of the principles of modern financial vices risk-based regulatory and supervisory frameworks In-depth knowledge of, and practical experience with, agentic artificial intelligence/large language models/machine learning/ robotic process automation and other enabling technology supporting financial services risk-based regulatory and supervisory frameworks, and modern onsite examination techniques Proven ability to develop and execute long-term technology strategies Proven staff management/development/mentoring and negotiation ring and nego skills with an exceptional track record of of bri bringing togeth ether and fostering collaboration amongst internal stakeholders with varying perspectives, and driving organisation wide innovative cultures and staff engagement within a large company Excellent interpersonal and communication skills with the ability to effectively interact with staff and the public, as well as senior executives within international, governmental and other regulatory bodies within the financial services in

Salary

Not specified

Benefits

Not specified

How to Apply

submit your application online via www.bma.bm/vacancies.

Contact InfoBermuda Monetary Authority

BMA House | 43 Victoria Street, Hamilton HM 12

careers@bma.bm

(441) 295 5278

Application Deadline

Sep 2, 2025

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