FinTech Specialist (Payments) - Supervision (FinTech) Department-repost Full-time Job

The Bermuda Monetary Authority (Authority or BMA) is seeking the services of a skilled and capable individual to work as a FinTech Specialist - Payments in our Supervision (FinTech) Department. Reporting to the Assistant Director, the FinTech Specialist - Payments will be responsible for designing, implementing, and operationalising elements of a modernised payments framework, as well as licensing and supervising operators in the sector. The post-holder will be pivotal in ensuring that the Authority’s regulatory approach to payments is informed by a detailed understanding of how modern payment systems are built and operated in practice.This is a key role for the Authority and the post-holder will be responsible for but not limited to:Conducting in-depth research and analysis on emerging trends, business models and infrastructures in the global payments industry, including developments in digital wallets, stablecoins and tokenised settlement systemsProviding expert input on the regulatory, technical design, architecture and operational resilience of payment operatorsDeveloping and contributing to the formulation of regulatory codes, rules and guidance, ensuring they consider the operational realities of modern payment systemsPreparing reports and recommendations to senior management on the viability, risks and scalability of new payment technologiesActing as a subject matter expert for the Authority on payment operators, payments infrastructure, delivering technical advice to colleagues across AML/ATF, Cybersecurity, Prudential, and Financial Stability functionsConducting on-site reviews and supervisory meetings, and analysing selected FinTech businesses utilising various risk assessment methodologies to evaluate compliance with existing laws, regulations, policies, and procedures; identifying risk issues; and formulating reports on findings for submission and discussion with managementExamining submissions for licensing applications from FinTech entities, creating risk reports, and providing recommendations to managementDeveloping, engaging, coordinating and maintaining relationships with external stakeholders and with other departments at the Authority to run cross-departmental projects to ensure a holistic understanding of risks including from an AML/ATF, Cybersecurity and financial stability perspectivePerforming other related work and special projects as assigned by management in accordance with competencies normally associated with the postThis position requires a proven technical and business background, therefore, the post-holder must have:A master’s degree in business, finance, accounting, law or technology or an equivalent professional designation along with relevant working experience in FinTechA minimum of seven (7) years of relevant experience working within a regulated financial services business and/or with a financial regulatory body, with preference for experience related to FinTechA strong working knowledge of at least one international payments framework (e.g.

UK, EU, Singapore, Australia, UAE) and international payments standards (e.g. ISO 20022)Demonstrated experience and expertise in payments system architecture, cross-border payments, interoperability, transaction flows and settlement processes, including experience with DLT-based payment and settlement solutionsThe ability to critically assess business models, infrastructure scalability, and operational resilience of payment operatorsExcellent analytical, writing and communication skills, with the ability to translate complex technical concepts into clear supervisory insightsProven ability to work independently in a fast-paced environment and collaboratively across multidisciplinary teamsExcellent attention to detailThe Bermuda Monetary Authority is the integrated regulator of Bermuda’s financial services sector. We offer the opportunity for broad exposure to international regulatory issues, special projects and a variety of work experiences.If you are looking for a challenging opportunity in a team environment, we invite you to submit your application online via www.bma.bm/vacancies.

Applications for this position must be received no later than 13 October 2025.