Head of Division
The Head of Division (“HOD”) acts within a strategic and tactical capacity to support the mission and values of CIMA by planning and managing all aspects of the Division and by collaborating with other divisions to ensure the operation is standardized, effective and efficient. The HOD responsible for planning and directing a programme of authorizing, monitoring and inspections of fund administrators and funds that is based on industry best practice, and for planning and directing the team to meet the goals and objectives of CIMA and the Division.
RESPONSIBILITES:
- The successful candidate will:
- Plan, direct and delegate actions, projects and work assignments to ensure CIMA’s strategic plan is implemented;
- Develop, recommend and implement strategies and actions to ensure the Division is at the forefront in financial regulation;
- Analyse and recommend on–going changes to processes and operations that positively impact the Division and CIMA;
- Identify, report and recommend solutions for significant matters of interest or concern, in addition to required amendments to legislation and/or regulations;
- Document and maintain a benchmark of the Division’s current regulatory practices and determines operational plans to ensure continuous improvement;
- Efficiently deliver strategic objectives through effective management and coaching and develop standards, policies and practices for the inspection and supervision process of funds and fund administrators;
- Analyze and manage complex regulatory issues and informs/update the Division on a regular basis of pertinent issues;
- Ensure proper due diligence is conducted on all licensee matters and make recommendations for approval of applications and licenses and on any restrictions or conditions to be placed on licensees;
- Provide information and/or respond to enquiries to external bodies relating to problem entities to maintain CIMA's reputation and public image;
- Collaborate and plan regulatory supervision activities with other regulatory divisions in respect to licensees with multiple licenses;
- Implement processes and provides leadership to ensure performance outcomes and measures are developed and learning and development are addressed; and
- Is a positive ambassador and establishes a culture of customer excellence and collaboration.
REQUIREMENTS:
- Bachelor’s Degree from an accredited institution in Economics, Business, Accounting or Law; and
- Ten (10) years’ experience in the fund and/or securities industry or financial regulation.
- A professional qualification in securities or funds is required.
- Knowledge of the Mutual Fund Act, Securities Investment Business Act, regulations, relevant rules, guidance, policies and procedures relating to the supervisions of Mutual Funds, Mutual Fund Administrators and Securities Firms;
- Specialized knowledge of generally accepted auditing and accounting principles and comprehensive analytical skills to analyze the implications of financial statements as they relate to funds, fund administrators and securities companies;
- Knowledge of regulatory practices and laws affecting other institutions globally;
- Advanced communication and presentation skills;
- Extensive managerial and strategic planning skills; and
- Computer literacy, particularly Microsoft Office applications.
Direct applicants only. Applications received from agencies will not be accepted at this time.
Application form may be completed online by visiting cima.ky/careers
Salary: CI $139,590 - $183,831 per annum
Application Deadline: 6 August 2025
(Only shortlisted candidates will be notified)
Application for Employment
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