Ready to learn more? Explore our GTP programme’s eligibility requirements and application process below. View our informational videos, take advantage of checklists and review important FAQs.
- Download and complete the application
- Prepare the following
- Your resumé
- An application letter addressed to the Selection Committee, outlining the reasons why you are a strong candidate. This letter should outline some of your interests, experiences and accomplishments with specific examples of a multi-year objective that you have had and how you have achieved it.
- A certified copy of your Bermuda passport or a certified letter from Immigration indicating Bermuda status
- One academic or professional reference letter
- One personal character reference letter
- Certified copy/copies of your university degree(s)
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Scan everything above that you have collected and prepared.
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Follow the below steps to submit your application:
1) Visit the vacancies section of the ‘Careers’ tab of the BMA website, where GTP positions are made available between 1 January and 15 June annually;
2) Follow the instructions and upload your scanned application documents to apply; and
3) Use the link in the confirmation email you receive after you apply to create a profile that will allow you to check on your application status.
Alternatively, you also have the option of dropping off your application package at the BMA House Reception Desk at 43 Victoria Street in Hamilton.
- Must have Bermudian status
- Must be 21 years or older
- University graduate with, at minimum, a bachelor’s degree from an accredited institution or a letter from your universtiy confirming your graduation date
- Proven aptitude for learning with strong communication skills and business sense
- Ability to deliver high-quality and effective written and oral presentations
- Possess basic knowledge of Bermuda’s financial services sectors
- Commitment to continuous learning via the completion of related certifications and/or designations within the three (3) year scope of the programme
When can I apply for the GTP/what is the application deadline?
GTP applications are accepted between 1 January and 15 June annually for placement of successful candidates in November.
How can I submit my application?
Between 1 January and 15 June annually, GTP positions are available in the vacancies section of the ‘Careers’ tab of the BMA website. Upload your scanned application documents to apply. You will then receive an email confirmation that will provide a link that can be used to create a profile that you can use to check on your application status. Alternatively, you also have the option of dropping off your completed application package at the BMA House Reception Desk at 43 Victoria Street in Hamilton.
How long will it take to hear back on the outcome of my application/ what are the next steps?
You will be notified within one month after the application deadline whether you will or will not progress to the next stage. If you have progressed, the next steps include:
- Completing an electronic skills assessment
- Completing a DISC behavioural preferences assessment
- Meeting with BMA representatives to help you learn more about us
Short-listed candidates will then progress to an interview by a BMA panel. The panel interview usually takes place in July, and candidates will hear back on the final result within two weeks after the interview.
What should I include in my application letter?
Please include your interests, experiences, and accomplishments with a specific example of a multi-year project or assignment and how you reached your goal. Your letter should be approximately 850 words in length, double-spaced. Please address your letter to the ‘GTP Selection Committee’.
What makes a good academic/professional reference letter or personal character reference letter?
A good reference letter should clearly state how the person writing the letter knows you and for how long they have known you. The letter should also clearly state why the person writing the letter is recommending you, including the values that they have personally seen you portray (e.g., their opinion on your character, honesty, integrity, moral standing, trustworthiness, etc). Each letter should be addressed to the ‘GTP Selection Committee’ and the contact information and email address of the person writing the letter should also be included.
How long does the GTP last?
The programme lasts three years, at which point you ‘graduate’ from the programme. Upon reaching graduation successfully, you will then be offered a full-time position within the BMA. Consequently, you will need to commit to a minimum of three years of employment (post-graduation) with the option of securing a ‘buy out’ should you wish to pursue other opportunities outside the BMA.
What is the GTP secondment and how long does it last?
The GTP secondment is defined as a specific period of time working with either a local or international firm or regulator to gain further operational/applicable work experience that is focused on an area that interests the graduate trainee). The secondment usually occurs during the third year of the programme and is typically six months in duration.
How often will the GTP rotations within the BMA happen and what does the process look like?
Rotations within the BMA typically range from six months to one year; however, the time period will ultimately be determined by the specific needs of the relevant department.
How should I contact the BMA if I have further questions?
Please send an email to careers@bma.bm
Applications are accepted from 1 January to 15 June of each year for placement of successful candidates beginning in November.
