Job Description

The Apex Group was established in Bermuda in 2003 and is now one of the worldxe2x80x99s 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.Thatxe2x80x99s why, at Apex Group, we will do more than simply xe2x80x98empowerxe2x80x99 you. We will work to supercharge your unique skills and experience.Take the lead and wexe2x80x99ll 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 youThe Senior Administrator - Fund of Fund Dealing and Settlements will be responsible for performing daily and monthly tasks of the Fund of Fund Dealing and Settlements desk.Job specification

• To perform the duties of the Fund of Fund Dealing and Settlements function as outlined by the operating processes around Fund of Fund Dealing and Settlements 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;
• Payment of expenses;
• Third party cash transfers;
• All other Cash Administration payments 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 trading platforms;
• Hedge fund of fund subscriptions and redemptions;
• Ensure appropriate follow up for confirmation of transaction

Skills Required:

• A tertiary qualification and minimum 3+ years applicable experience or 4 years operational experience;
• Excellent financial services process & product knowledge;
• Excellent knowledge of financial instruments;
• Experience on Fund of Fund Dealing and Settlements activities is compulsory.
• Good understanding of cash and trade instruction cycles.
• Good knowledge of systems and systems control environments.
• Good accounting and audit experience.
• Knowledge of risk management processes an advantage.
• Good communication, documentation and presentation skills.
• Be able to xe2x80x9cthink outside the boxxe2x80x9d and adapt to changing requirements.
• Be meticulous and have a high attention to detail.
• Be calm and stay focused in stressful/high pressured situations.

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 souring model and where agency assistance is required, the Talent Acquisition team will engage directly with our exclusive recruitment partners.

Apex Group