BMA adds three students to graduate training scheme

The Bermuda Monetary Authority (BMA) has added three Bermudian students to its graduate training programme (GTP), designed to prepare university graduates for a career in financial services regulation.

The BMA’s programme started nine years ago with the aim of developing talent for Bermuda’s financial services sector, specifically with a view to creating a talent pipeline for regulation and supervision.

The newest graduates will bring the total number of Bermudians who have participated in the programme, to 17.

This year 45 applications were received, and the three selected are Shae James, Aisha Jones and James Howard. They will spend the next three years with the BMA rotating through the various regulatory departments.

As part of this programme, they will also complete a six month secondment with a local industry partner followed by a secondment to an international regulatory agency, thereby providing them with the opportunity to expand their knowledge and experience.

“We are pleased to welcome our new GTP group. The programme provides a rich experience for the participants; in recent years participants have been seconded as far afield as the UK and Switzerland,” said Mesheiah Crockwell, deputy director of human resources at the BMA.

“All participants are assigned a mentor for guidance and we encourage and support them to continue their education by studying for various designations. It’s challenging for a graduate with no experience to find an entry level position these days. Our GTP bridges that gap and provides a unique training environment for young Bermudians. We’re very proud of what we have achieved so far.”

The GTP application window will open in 2017 on January 2 to March 31.