The Apex Group was established in Bermuda in 2003 and is now one of the world’s largest fund administration and middle office solutions providers.

Our business is unique in its ability to reach globally, service locally and provide cross-jurisdictional services. With our clients at the heart of everything we do, our hard-working team has successfully delivered on an unprecedented growth and transformation journey, and we are now represented by over circa 13,000 employees across 112 offices worldwide.Your career with us should reflect your energy and passion.

That’s why, at Apex Group, we will do more than simply ‘empower’ you. We will work to supercharge your unique skills and experience.

Take the lead and we’ll give you the support you need to be at the top of your game. And we offer you the freedom to be a positive disrupter and turn big ideas into bold, industry-changing realities.

For our business, for clients, and for you

Credit & Reconciliation Support Officer

General description of the job:

As a Credit & Reconciliation Support Officer, you will be responsible to manage the different kind of
reconciliation steps for cash and securities, credit assessment of outgoing payments and the
preparation of regulatory reporting’s as follow:

Responsibilities:

• Reconciliation of cash positions (internal versus sub custodian)

• Reconciliation of financial instruments positions (internal versus sub custodian)

• Reconciliation of Digital Banking transactions and positions

• Daily monitoring of blocked outgoing payments due to credit limit breaches

• Daily monitoring of Credit Reporting package (e.g. Overdrafts, Limits, Valuation of Collateral)

• Weekly update of debit interests

• Support creation of regulatory reporting (e.g. QI, EMIR. MIFID, FATCA, CRS)

• Support on preparing files for ETD an OTC Collateral Management process.

• Any other duty, which is instructed directly by the managing directors in accordance with Article 6.2 of the employment agreement.

Experience and skills:

• University degree in Banking/ Finance /Accounting or similar;

• Excellent English spoken and written communication skills;

• Very good computer literacy;

• Understanding the banking industry;

• Good understanding of the Custody business;

• Customer Focus;

• Concern for Quality;

• Willingness and ability to work in a team and meet deadlines;

• Adherence to procedures;

• Attention to detail;

What you will get in return

• A genuinely unique opportunity to be part of an expanding large global business;

• A friendly, co-operative and supportive environment;

• Training and development opportunities.

Disclaimer: Unsolicited CVs sent to Apex (Talent Acquisition Team or Hiring Managers) by recruitment agencies will not be accepted for this position. Apex operates a direct sourcing model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.