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
- Responsible to setup the Middle Office Reconciliations in automated tool for daily/Monthly recons
- Logic and reasoning ability for data reconciliation setup alongside auto matching rules knowledge
- Prepare Cash/Position/Market Value Reconciliations and resolving breaks for valid break reason and notify stakeholders. If any breaks are due to an erroneous due to Reconciliation tool, then make necessary adjustments to fix it
- Create complex reconciliation templates and automation rules within the reconciliation tool to increase auto-match percentage and improving operational efficiency.
- Identifying missing and / or inaccurate information in vendor database and resolve issue with independent research
- Examining the company’s accounting records, reviewing them with banking documentation, and reporting any discrepancies in the reports
- Co-ordinating to set up SFTP connections with clients and implementing automation to seamlessly transfer files into the reconciliation tool, reducing manual intervention and improving processing efficiency
- Effective communication with vendors for reporting requirements and timely resolution of reconciliation queries.
- Support operations on projects related to Automations/Work migrations 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, Client Service Managers and Clients.
- Ensure to get cross trained within process and transfer the Knowledge between the team.
Skills Required
- Experience working with an investment management or finance-related firm.
- Good knowledge of the investment industry with 5+ Years in Hedge/Mutual Fund administration or related industry experience.
- Experience with reconciliation and break resolution and, with demonstrated attention to detail and accuracy, analytical, technical, organizational, and problem-solving skills.
- Familiarity with FundRecs/TLM/Paxus will be an added advantage.
- Strong logical and analytical reasoning ability
- Experience in Hedge Fund accounting, booking accruals, tying back P&L, Balance sheet will be an added advantage
- Proficiency in advanced Excel functions.
- Excellent communication and inter-personal skills.
- Work additional hours as needed.
Qualification and Experience:
- Graduate / Postgraduate in Commerce, MBA Finance, CA/CMA/CFA
- Minimum 5 years of Hedge/Mutual Fund reconciliation and break resolution 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.
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
