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
Key duties and responsibilities
- Planning, scheduling and managing the daily workflows of all client deliverables within the team.
- Responsible to review/prepare the Middle Office Reconciliations on a daily/Monthly basis.
- Prepare Cash/Position/Market Value Reconciliations and resolving breaks. Notify Clients/CSMs of valid breaks. If break are due to an erroneous or missing transaction in Accounting system, then make necessary adjustments
- Reviewing the corporate actions booked in the system and ensuring that the same is correctly reflected in the books. Dividends/Interest Reconciliation with Broker reports
- Independently price the Investment positions on a daily & monthly basis.
- Responsible for accruing/amortizing daily or monthly non-security related Fee accruals
- Review the PNL / Shadow NAV before delivering the report to client.
- Monitor non-automated transactions including OTC derivatives and their related cash movements. Checking that all OTC products traded by the client have been booked correctly.
- Effective communication with clients on daily reporting of Reconciliation/Query resolutions.
- Handling stakeholders’ escalation.
- Support operations on projects related to Automations/Work migrations/Conversions etc.
- Support global changes in Key operating procedures and implementation.
- Coordinating with Internal/External Stake holders such as Securities/Trades and Pricing Team, Reporting Team, Investor Services team, Auditors, Client Service Managers and Clients.
- Effectively monitoring deliverables to ensure high SLA compliance within set accuracy standards.
- Onboarding of new clients.
Skills Required
- Experience working with an investment management or finance-related firm.
- Experience working in Fund Accounting area especially on FX or PNL
- Good knowledge of the investment industry with minimum 14 Years of experience
- M.com/CA/MBA – Finance/CFA
- An ability to think critically and objectively.
- Experience with reconciliation and break resolution and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
- Familiarity with Calypso/Paxus is a major plus.
- Proficiency in advanced Excel functions.
- Excellent communication and inter-personal skills.
- Should be Flexible.
- Team management
- Performance appraisal
- People growth and development
Qualification and Experience:
- Post graduate in Commerce, MBA Finance, CA/CMA/CFA
- 13-16 Years’ experience in Middle Office & Hedge/Mutual Fund reconciliation and Fund Adminstration experience.
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.
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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
