Associate Director - Capital Markets

Fund services | Corporate | Capital markets | Private client | Regulatory & Compliance 

We help clients succeed by unlocking new value through expertise, trust and scale. We deliver solutions that solve complex challenges faced by asset managers, financial institutions, corporates, high net-worth individuals and family offices. 

With a curious mindset, we ask the right questions to get to the right solution, faster. We collaborate to win together, sharing successes and shaping the future of our global business. Our culture of support and recognition provides the tools and opportunities for you to grow, while unlocking the most value for our clients and making your mark with Ocorian. 

Expertise: We deliver specialist, tech-enabled solutions for our clients grounded on deep industry expertise. 

Trust: We’re a trusted partner to over 8,000 clients globally. We are proud to have long-lasting partnerships with our clients. 

Scale: With more than 1,500 colleagues, we operate across 20+ countries, our scale enables us to support our clients globally and locally, providing a seamless client experience across borders and service lines. 

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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• Professional accounting designation (CA, ACCA, ACA, CPA, etc.). 
• Proven ability to review and analyse financial statements and financial reports for trusts, insurance companies and other entities. 
• A minimum of seven (7) years post-qualification experience working extensively with US GAAP, IFRS, IFRS SME and other Generally Accepted Accounting Principles.  
• Completed or in advanced stages of completion of an insurance designation such as ARm, ARe or CPCU. 
• Minimum 3+  years of experience working within the Bermuda insurance industry. 
• Working knowledge of Bermuda’s regulatory environment, including FATCA, CRS, AML/ATF.  
• Working knowledge of Bermuda’s economic substance regime and experience advising clients on compliance. 
• Extensive knowledge of Insurance Linked Securities, captives, insurance, and reinsurance.   
• Experience working with insurance brokers, insurance agents, auditors, and actuaries. 
• Detailed knowledge of Bermuda Insurance Act and associated regulations with respect to captive and commercial insurance including the preparation and analysis of required statutory filings. 
• Flexibility to work outside of standard working hours to meet client deliverables and accommodate clients in other time-zones. 
• Proven team leadership experience, (minimum of 5 years) with proven ability to coach, mentor and guide accountants accounting assistant, and other professional staff in their daily work. 
•  Ability to lead client meetings including board meetings. 
• A working knowledge of: 

1. the Companies Act, 1981  
2. Statutory regulations relating to the administration of companies in Bermuda. 
3. the Economic Substances Act 2018 and related regulations. 
4. the Bermuda Corporate Service Provider Act. 
5. Bermuda AML/ATF Legislation. 
6. Segregated Accounts Act 2000. 

• Proven problem-solving abilities relative to insurance and non-insurance entities in Bermuda. 
• Proficiency in the use of the Microsoft Office suite of applications, specifically MS Word and Excel. 
• Excellent written and oral communication skills. 
• Excellent client relationship, organizational and time management skills. 
• Excellent interpersonal skills and strong work ethic. 
• Excellent ability to read analyse and understand, contracts, insurance policies, and other legal documents.   

All staff are expected to embody our core values that underpin everything that we do and that reflect the skills and behaviours we all need to be successful.  These are:

• We are CLIENT CENTRIC – Clients are at the centre of our world, and we’re committed to providing expertise and specialist solutions to meet their most complex challenges.
• We are AMBITIOUS – We aim high. We think and act globally, seizing every opportunity to delight our clients and support our colleagues - wherever in the world they may be.
• We are AGILE – We act on our initiative to get things done for our clients. Our independence gives us the flexibility and freedom to keep things simple, efficient and effective.
• We are COLLABORATIVE – With a curious mindset, we ask the right questions to get to the right solution, for our clients faster. We collaborate to win together and share our successes.
• We are ETHICAL – We behave with integrity at all times and assume positive intent, building trust through responsible actions and honest relationships.

Equal Opportunities for Everyone

Please let us know if there’s anything we can do to make the process easier for you. You can reach us at [email protected].

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status