Over nearly three decades, the Cayman Islands has become a pre-eminent jurisdiction for the formation of alternative investment funds, with around 12,000 regulated open-ended funds and 12,000 regulated closed-ended funds. The reasons for island’s popularity in the funds space includes areas such as its tax neutrality, its geographical location (close proximity to the U.S.) as well as the jurisdiction’s appeal as a stable British dependency with an exemplary judicial system (underpinned by English common law). It is also important to note that the islands funds legislation and regulatory regime have consistently been modernized to meet market & legal demands. Con’t
Available Fund Jobs in Financial Services
The industry has a diverse range of roles within in it in the Cayman Islands and these can include Compliance, Fund Administration, Fund Accounting, External Audit, Corporate Administration, Board Support, Risk Management, Financial Analysis, , Insolvency / Restructuring services and many more. The island truly offers a variety of roles within this lucrative sector and experience gained in Cayman is always highly respected.
Working in the Funds industry here in Cayman will also give you excellent global experience. The firms based here generally have offices globally and you will consistently gain exposure to business from markets such as the USA, Europe, Hong Kong, China and other offices across the region such as the BVI.
A strong background in a specific area within Funds / Fund Services is typically required to secure a role in Cayman. A minimum of three years’ experience is generally expected as well, and any industry relevant qualification is always regarded highly here. Qualifications such as the ICSA, CAIA, an Accounting designation (e.g. CA, CPA, ACCA etc.) and CFA are generally always in demand in Cayman.
SteppingStones works with the full range of organizations in the Funds industry in Cayman and we can find you the right role. We will always be able to give you a detailed overview of each business and tailor our search to fit your personal preferences. Having a highly experienced agency on-island truly helps and allows you to get a full overview of the market and daily changing trends.
Please reach out to any of our recruiters if you would like to know more.