Compliance Officer, Finance & Banking

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

The role will consist of supporting all the legal and regulatory compliance activities of the relevant Fund Administration entities. The Compliance Officer will work alongside and support the local Compliance team and appointed Head of Compliance to assist staff members in discharging their responsibility to comply with applicable legislative and regulatory requirements through the provision of compliance services and to identify, assess, manage, monitor and report regulatory compliance risks facing the organization.

• Ensure the effective implementation of the Compliance Monitoring program and undertake all aspects of monitoring activities as assigned by manager.
• Track non-compliant findings with respective business unit managers until resolved.
• Monitor compliance with applicable regulations which includes but is not limited to CISCA, FAIS, FICA, POPIA and the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls.
• Monitor the regulatory risks within the business.
• Maintain appropriate written procedures to ensure compliance with applicable legislation, regulations and group policies, and to monitor adherence to such procedures.
• Maintain a register of PEPs, high risk clients, complaints, conflicts of interest, compliance and data breaches, and actively manage adherence to the related process and mitigation of breaches.
• Prepare training material and deliver training in compliance with regulatory obligations and business procedures.
• Participate in projects of various initiatives, such as those projects addressing new regulatory initiatives and the review of existing policies.
• Prepare compliance reports to management and various committees and governance structures within the group.
• Prepare and act as backup for regulatory reporting and submission to the relevant regulators in terms of applicable regulatory obligations.
• Act as the Deputy MLRO, support the establishment and maintenance of the group’s Anti Money Laundering policies, procedures, systems and controls in compliance with the Anti Money Laundering rules and all relevant legislation applicable.
• Monitor screening, suspicious transactions and provide reporting and escalations as required.
• Complete enhanced customer due diligence reports for senior management approval.
• Monitor screening of politically exposed persons and sanction monitoring and elevate potential concerns.
• Identify potential sanctions matches, as a result of screening.
• Consider the political exposure of potential clients and act appropriately.
• Monitor that a register of data processing activities is maintained by the relevant entities.
• Monitor data protection compliance within the entities and help the entities to be accountable in this respect.
• Monitor that all affected entities have made the necessary data protection notifications, and comply with applicable legislation, group policies and procedures in connection with data protection obligations.
• Support the Information Officer and Deputies to cooperate with the local regulators (responding to their requests about investigations, complaint handling, inspections conducted…