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

Description

The position involves the on-going real-time reconciliation of all the following systems, NX Manager, Invest One and Tax8 to ensure that data integrating between all three systems is valid, accurate and aligned.

Job specification

• Meet or exceed all client SLA requirements.
• Review system recons and controls and ensure alignment between all applicable system.
• Repair & resubmit client trades that failed to integration between NX Manager (Trading), Invest One (Accounting) and Tax8.
• Record statistics regarding recon exposures for risk management.
• End to end break management
• The successful applicant will be required to work an alternate night shift week.

Skills Required:

• Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including:
• To perform the duties of the dealing and settlement function as outlined by the operating processes around dealing and settlement of cash and off-market trade instructions.
• For cash instructions, prepare and ensure accurate and timely execution and authorization of:
• Cash related transactions for investor fund of fund subscriptions ;
• Cash related transactions for daily unit trust investments;
• Transfer of cash to flow with trading instructions;
• Payment of expenses;
• Third party cash transfers;
• All other Cash Administration payments (for example Capital Withdrawals/Deposits, Margin payments, Collateral payments, Expense payments, Forex payments, Fee payments, Swap interest payments)
• (Cash transactions are done both manually and on on-line banking platforms)
• For trading transactions, on receipt of appropriate instructions; prepare, capture, and confirm trades and trade instructions. Ensuring accurate and timely execution and authorization of:
• Unit Trust investments and redemptions through Finswitch;
• Hedge fund of fund subscriptions and redemptions.
• To run an order book to ensure the above trades are done as well as to ensure appropriate follow up for confirmation legs of transactions;
• To ensure Apex Trust Services Operations is aware of risks and issues arising from the activities of the division through the appropriate Risk reporting framework.

Skills Required:

• A B.Com or similar tertiary qualification.
• A good understanding of Financial Markets, instruments and systems.
• A good understanding of Asset Management front-office trading processes.
• A good understanding of Asset Management back office administration processes;
• An aptitude for working with systems;
• An above average IT technical back-ground with Knowledge of MS office & IT packages (particularly Excel);
• Software programming skills are an added benefit;
• Good Business Analysis experience is required;
• Excellent communication skills (written & verbal) are required.
• Self-motivated individual, with a passion to resolve queries.
• Able to work within a team environment.
• Confident & enthusiastic.

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.