Associate Director - Capital Markets

Purpose of the Job

To work collaboratively with the Bermuda Head of Country, the Head of Capital Markets (Bermuda) and the  Bermuda Executive Committee to manage the day-to- day affairs of Ocorian Management (Bermuda) Limited and Ocorian Securities (Bermuda) Limited, and to provide team and client relations leadership for the capital markets service line in Bermuda, working in close  collaboration with the head of capital markets

Main Responsibilities   

Responsibility for leading a team of accountants and accounting assistants (“Team”) that consistently delivers quality, timely and efficient service to entities in the Bermuda insurance and capital markets sectors, ensuring that such service aligns with Ocorian core values, Ocorian global strategy, and industry best practice: 

• Manage client relationships for a diverse range of clients within the Capital Markets service line (“Clients”). 
• Resolving regulatory issues with the Bermuda Monetary Authority, Registrar of Companies, on behalf of Clients. 
• Attend and/ or Lead client meetings. 
• Serve as Directors or Alternate Directors for a small portfolio of clients. 
• Ensure quality assurance for all work delivered to Clients, including: 

1. quality control and oversight over statutory financial reporting for insurance clients 
2. quality control and oversight for all listing services on the Bermuda Stock Exchange  
3. quality control and oversight over financial reporting services. 
4. quality control and oversight over Bermuda regulatory filings including Economic Substance.  

• Directly manage a portfolio of key client entities. 
• Manage employee relationships, providing guidance, mentorship and coaching as necessary.  
• Set annual goals and objectives for the Team.  
• Monitor progress on goals and objectives on a quarterly basis, as part of the performance appraisal process. 
• Create a co-operative, team-oriented work environment. 
• Ensure that team members are assigned balanced portfolios. 
• Provide required “on the job” training, adequate technical support, and appropriate supervision for the Team.  
• Identify and facilitate delivery of required training, with emphasis on insurance, governance, and compliance.  
• Identify and recommend seminars, workshops, lunch and learn for the Team in support of CPD requirements.  
• Monitor chargeable vs non-chargeable time for team members and develop plans to improve profitability.  
• Monitor / manage financial performance of the Team, referencing agreed key performance indicators (“KPI’s”).  
• Monitor head count requirements and assist in the recruitment of team members where necessary.  
• Provide team leadership and promoting an atmosphere of cooperation, teamwork, and support.  
• Manage vacation and planned / unplanned absences in the Team to ensure that no disruption of client service. 
• Function as an Officer and / or banking and authorised signatories for Ocorian and Clients where necessary. 
• Function as a subject matter expert for insurance related services in the Bermuda office.  
• Assist with business development and marketing initiatives for Capital Markets and the wider Bermuda office.  
• Manage accounts receivables, in line with Ocorian policy. 
• Provide general business administration for Ocorian Management (Bermuda) Limited (“OMBL”). 
• Provide general business administration for Ocorian Securities (Bermuda) Limited (“OSEC”). 
• Develop, monitor, and maintain strong internal controls for OMBL and OSEC. 
• Monitor compliance with relevant regulations for OMBL and OSEC as regulated entities. 
• Function as part of the executive management team in Bermuda (if required), representing OMBL and OSEC. 
• Assist to establish, monitor and report KPI’s for internal Service Level Agreements. 
• Participate in management committees for Ocorian entities and Clients if requested. 
• Prepare reports for management and service line leadership as appropriate.  
• Perform other activities as may be reasonably required by the role from time to time, including special projects. 
  
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