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
- Work with the Compliance team to ensure Apex are compliant with legal and regulatory requirements and best risk/compliance practice.
- Serve as AMLCO, MLRO & DMLRO to the allocated client entities.
- Understand the Cayman AML Regulations and ability and willingness to perform AMLCO, DMLRO and MLRO functions in line with Cayman requirements and relevant international standards, including but not limited to, FATF.
- Ability to identify and summarize any material developments in its business and other activities.
- Understand and be able to consider and advise on maintaining adequate systems to identify risks in relation to persons, countries, business relationships and activities, and to:conduct ongoing monitoring of business relationships or one-off transactions in accordance with the Regulations; conduct transaction monitoring reviews in relation to the fund present any updates or key findings to the Board/ Fund controlling parties
- consider and make any Suspicious Transaction Reports (STR’s)
- develop AML & CFT Policies and Procedures
- develop and prepare AML Business Risk Assessments
- perform AML & CFT sample testing and AML assurance reviews
- Monitoring the systems and controls (including, without limitation, the AML/CFT Procedures and other documented policies and procedures, in line with the requirements of the Regulations, as amended from time to time)
- Carrying out regular audit of the AML/CFT Procedures and any other policies and procedures used by, or on behalf of, the Company, to adhere to the requirements of the Regulations;
- Maintaining logs, as determined to be necessary, with respect to declined business, politically exposed persons (as such term is defined in the Regulations), and requests from supervisory and competent authorities, particularly in relation to investigations;
- Advising the Board of AML/CFT compliance issues and any issues with respect to the Company Compliance Functions, that require the attention of the Board;
- Reporting at least annually to the Board on the maintenance of the Company Compliance Functions and the Company's compliance with, or compliance on behalf of the Company with (as the case may be), the AML/CFT Procedures; and
- Acting as the main point of contact with the supervisory and other competent authorities in the Cayman Islands in relation to AML/CFT and responding promptly to requests for information.
- Filing a SAR with the FRA in accordance with the Regulations, if deemed appropriate;
- Maintaining a log of all reports of Suspicious Activity (including where the filing of a SAR is not deemed necessary or appropriate);
- Keeping the Board informed of all internal reports of Suspicious Activity and SARs filed with the FRA, to the extent permitted by legislation and regulation;
- Providing assistance as a point of contact for CIMA, and other regulators and law enforcement as applicable and necessary under the applicable legislation and regulation;
- Functioning as the point of contact with CIMA for the purpose of the Regulations; and
- Be able to perform the role of the DMLRO, in discharging the functions of the MLRO, pursuant to the MLRO Services, in the absence of the MLRO.
- Embedding a compliance culture within Apex and through personal engagement with client entity governing bodies / committees.
- Driving forward the development, implementation and embedding of SAR, AML/CFT and associated regulatory policies and procedures, including robust control procedures.
- Responsibility for the client entity screening process and various Compliance registers and reviews (including assisting with new business).
- Assisting with the regulatory aspects of client entity audits.
- Conducting ad hoc reviews and/or special investigations as required.
- Contributing in regular 1:1s, appraisals and development meetings.
- Providing support and direction and sharing examples of best practice with relevant business areas and colleagues.
- Strong academic background and industry relevant professional qualification.
- In depth knowledge of the Finance industry
- Excellent people management, interpersonal (at all levels), analytic, and diplomacy skills.
- Strong organisational and time management skills, with the ability to meet deadlines in a fast-paced environment.
- Strong working knowledge of MS Office applications
- A good level of commercial and fiduciary risk awareness.
- Sound working knowledge of statutory requirements and financial services legislation, together with relevant guidance notes and Codes of Practice.
- Sound knowledge and application of relevant AML/CFT legislation, the AML/CFT Handbook and relevant guidance notes and codes of practice.
- Ability to communicate complex and potentially sensitive issues to client entities / across the business.
- Discretion / ability to handle confidential information.
- Commitment to service excellence.
- Previously held CO / MLCO / MLRO positions would be an advantage
- A genuinely unique opportunity to be part of an expanding large global business;
- Training and development opportunities.
- Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly.
- Being part of a friendly, open, hardworking team who often get together for social events!
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.
Skills Required
- Ability to perform AMLCO, MLRO and DMLRO functions in line with Cayman AML Regulations and international standards (eg FATF).
- Strong academic background and industry-relevant professional qualification.
- In-depth knowledge of the finance industry and financial services legislation, statutory requirements, guidance notes and codes of practice.
- Sound knowledge and application of AML/CFT legislation, the AML/CFT Handbook and relevant guidance notes and codes of practice.
- Experience developing AML & CFT policies and procedures, business risk assessments, and performing AML assurance reviews and sample testing.
- Experience conducting transaction monitoring reviews, ongoing monitoring of business relationships, and preparing reports for Boards/fund controllers.
- Ability to consider and make Suspicious Transaction Reports (SARs) and maintain logs of suspicious activity and declined business.
- Experience acting as point of contact with regulators (FRA, CIMA) and responding to supervisory authority requests.
- Excellent interpersonal, people management, communication, analytical, diplomacy, discretion and confidentiality skills.
- Strong organisational and time management skills with ability to meet deadlines in a fast-paced environment.
- Strong working knowledge of MS Office applications.
- Previous experience holding CO / MLCO / MLRO positions.
Apex Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Apex Group and has not been reviewed or approved by Apex Group.
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Flexible Benefits — Flexible benefits are positioned as being tailored by country, with localized packages and perks that can differ by jurisdiction. Mobility options such as the JUMP program add a non-cash element that can increase the perceived total rewards value for those who can access it.
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Wellbeing & Lifestyle Benefits — Wellbeing support is described as including EAPs, mental-health workshops, mentoring support, and local lifestyle perks like gym or cycle-to-work schemes. These offerings broaden the benefits mix beyond purely financial rewards.
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Retirement Support — Retirement support is described in at least one jurisdiction as including an employer match structure and an additional automatic contribution after tenure. This can strengthen the non-salary portion of total compensation where offered.
Apex Group Insights
What We Do
We are a single-source financial solutions provider dedicated to driving positive change while supporting the growth and ambitions of asset managers, allocators, financial institutions, and family offices around the world. Established in Bermuda in 2003, we have continually disrupted the industry through our investment in innovation and talent. Today, we set the pace in fund and asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. As a pioneering data and fintech-enabled company, we are a disruptor driving digital tools into fund and asset servicing. However, our vision to drive positive change extends beyond the industry. The Apex Foundation, a not-for-profit entity, is our passionate commitment to empower sustainable change
