CIS KYC Officer

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.

Job specification

• Ability to communicate with a variety of individuals on all levels in order to obtain and confirm information.
• Liaise with client services, LISP, Dealing and compliance teams.
• Work effectively in a team.
• Conduct ad hoc and periodic reviews on existing client population.
• Review all investors for FICA Compliance and FICA risk profiling compliance on a regular basis in terms of company's RMCP.
• Identify non-compliant clients.
• Issue instruction and review the restriction of non-compliant clients.
• Determine the Ultimate Beneficial Owners (UBOs) of an entity by identifying and analyzing relevant documents, such as share registers, shareholder agreements, trust deeds, partnership agreements, etc.
• Obtain outstanding information by contacting investors, advisors, partners to rectify non-compliant accounts.
• Assist in the un-restriction of clients who are compliant by issuing instructions to service provider and reviewing the action.
• Follow-up, review, and ensure that information has been processed by service provider.
• Review the accounts of investors on an ongoing basis in line with companies RMCP policy for ongoing reviews.
• Prepare Enhanced Due Diligence (EDD) and Customer Due Diligence (CDD) Reports where required.
• Deal with matters arising from CDD and EDD.
• Communicate with compliance on progress on CDD and EDD.
• Handle and sort client queries and responses effectively.
• Liaise with clients / investors, relevant internal and external departments.
• Keep abreast of changes in FIC and CIS legislation and how it affects the business and proactively adapt behavior plus communicate to all relevant managers and departments.
• Report non-compliance to the Head of compliance and propose remedial action.
• Assist Dealing team in obtaining and completing FICA / KYC documents for offshore fund investments.
• Attend to daily alerts raised by the onboarding system and action accordingly.
• Where required assist with reporting Suspicious Transactions Reports (STRs), Cash Transaction Reports (CTRs) and Terrorist Property Reports (TPRs) to the FIC (including, but not limited to collating information).
• Provide assistance to the KYC Manager with any other administrative and compliance-related tasks as assigned.

Skills Required :

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