Head of Compliance - Fund Administration

Overview

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

Summary of the position

The role will consist of supporting all the legal and regulatory compliance activities of the relevant Fund Administration entities, as well as taking part in group projects and implementing global procedures on a local level. The Head of Compliance will manage the Fund Administration Compliance team and work alongside the Regional 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. The Head of Compliance will also inform and advise the organization of their data protection obligations and monitor that the organization processes the personal data of its staff, customers, providers or any other individuals (also referred to as data subjects) in compliance with the applicable data protection rules.

Outline of main duties and responsibilities

Regulatory Compliance duties :

• Manage a team of Compliance Officers / Administrators.
• Oversee licensing requirements and regulatory obligations (including reporting, applying for new business products, etc) for the relevant licensed entity and regulatory approved individuals, while ensuring that compliance activity takes account of all relevant legislation and FSCA / FIC / Information Regulator activities.
• Ensure the effective implementation of the Compliance Monitoring programmer and undertake all aspects of monitoring activities.
• 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, FATCA, CRS and the efficiency and consistency of compliance controls and assist with the enhancement of procedures and controls.

Prepare reports to regulatory authorities in terms of applicable regulatory obligations;

Data Protection duties :

Skills and experience required

Skills

Education and Experience

Learning and development :

What you will get in return :

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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