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On behalf of our client, BNRE Bermuda Services Ltd. (BNRE Services), we seek applications to fill the role of Compliance Officer. BNRE Services supports the wholly owned subsidiaries of Brookfield Wealth Solutions Group ("BWS" Group). Reporting into the Director, Regulatory and Legal Compliance, the Compliance Officer will be a key member of the Regulatory and Legal Compliance team.
Responsibilities
Conduct compliance audits and testing across business units in accordance with the Compliance Monitoring and Audit Plan.
Perform walkthroughs of processes and controls, document results, assess deficiencies, and recommend remediation actions.
Assist in monitoring regulatory developments issued by the BMA and support gap analyses and updates to the compliance framework.
Prepare clear and concise audit workpapers, reports, and summaries for management review.
Support compliance related reporting to the BMA and other competent authorities.
Assist with KYC / due diligence requests from banks, brokers, custodians, and service providers.
Collaborate with Legal, Risk, Finance, Actuarial, Operations, and other internal teams to collect information required for audits, reviews, or regulatory filings.
Support the company's GDPR and PIPA compliance efforts by assisting with data mapping, identifying gaps, and coordinating remediation activities.
Assist with preparing Board and Committee meeting packs, as required.
Support drafting minutes and tracking action items, as required.
Assist with ROC, ES and other regulatory filings to ensure timely submissions, as required.
Participate in ad hoc compliance projects as required.
Requirements
5 or more years of experience in Compliance, Internal Audit, or Risk, preferably within reinsurance, insurance, or financial services.
Experience with Bermuda regulatory frameworks and interaction with the BMA strongly preferred.
Strong understanding of compliance controls, internal audit methodology, and risk based testing.
Bachelor's degree in law, risk management, business, accounting, or related field; recognized compliance or audit certification (e.g., ICA, CIA, CAMS, CRCM) is an asset.
Experience with GDPR and PIPA requirements is beneficial.
Excellent written and verbal communication skills, with ability to prepare clear audit documentation and reports.
Highly organized, detail oriented, and ability to prioritize workload and meet tight deadlines.
Requirements
5 or more years of experience in Compliance, Internal Audit, or Risk, preferably within reinsurance, insurance, or financial services.
Experience with Bermuda regulatory frameworks and interaction with the BMA strongly preferred.
Strong understanding of compliance controls, internal audit methodology, and risk based testing.
Bachelor's degree in law, risk management, business, accounting, or related field; recognized compliance or audit certification (e.g., ICA, CIA, CAMS, CRCM) is an asset.
Experience with GDPR and PIPA requirements is beneficial.
Excellent written and verbal communication skills, with ability to prepare clear audit documentation and reports.
Highly organized, detail oriented, and ability to prioritize workload and meet tight deadlines.
Salary
Not specified
Benefits
Not specified
How to Apply
Qualified candidates should submit a covering letter and resume to the attention of Julian Mallory Rosebank, 5th Floor, 11 Bermudiana Road, Pembroke HM 08. Tel 542 4508. All enquiries will be treated confidentially.
⚠️ HOW TO APPLY - PLEASE READ: Follow the instructions found within this job listing:
➤ The "Apply Now" Button: If visible, this link may redirect you to an external website (not BermudaJobFinder) which may require you to create an account.
➤ Direct Application: If the job listing asks you to apply directly but the contact info is missing, please search for the hiring company online to find their details.
BermudaJobFinder is a job board and does not recruit, place candidates or accept applications. Please do not reply to email alerts with your resume.