Compliance Manager

Apex Group Ltd (UK Branch); Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading global fund administration firm is looking for a Compliance Officer to oversee compliance matters within its Depository and Custody services. This role involves developing risk frameworks, reporting to senior management, and advising on regulatory issues. The ideal candidate has over 8 years of experience in financial services and excels in compliance risk management and regulatory understanding. Join us to make an impact in a dynamic environment focused on quality and compliance.

Qualifications

• Minimum 8+ years in a similar role, ideally with previous Custody experience within Financial Services.
• Deep understanding of industry laws, regulations, and standards.
• Ability to analyze complex information and identify compliance risks.

Responsibilities

• Develop and implement a risk-based compliance management framework.
• Prepare reports on compliance and regulatory issues for senior management.
• Advise on regulations and policies impacting the business.

Skills

Compliance risk management

Regulatory knowledge

Analytical skills

Risk management

Data analysis

Communication

Organization

Leadership skills

Attention to detail

Adaptability

Job description

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

Compliance Officer – Depository and Custody Compliance

Reporting directly to the UK Head of Depositary and Custody Compliance, you will help drive the compliance function, develop and implement a risk-based compliance management framework, assist with the management of compliance risk and oversee all regulatory compliance matters across the Depository and Custody businesses within the Apex UK Group of Companies.

Key Responsibilities

• Assist the UK Head of Depositary and Custody Compliance to: develop and implement the risk based compliance framework; develop and implement the risk based compliance monitoring programme; prepare and present reports on compliance and regulatory issues for senior management, including board reports and the collation of management information as required; respond to enquiries and information requests from regulators, auditors or clients;
• Advise senior management on regulations and policies which affect the business;
• Keep abreast of industry and regulatory developments, thematic reviews and enforcement actions;
• Represent Compliance in various management and project meetings, committees and new business initiatives;
• Support the wider Apex compliance team on Group initiatives and areas of common interest;
• Establish and maintain good relationships with key stakeholders within the Apex Group and externally as applicable;
• Liaise with external parties such as auditors, regulators, industry bodies and clients;
• Create and maintain local compliance procedures and policies; and
• Development and deliver appropriate compliance training to Board members and employees.
• Preparing / review RegData / Connect reports for submission;
• Assisting in business and client queries related to FATCA/CRS & supporting with submissions.
• Responding to ad-hoc requests received in the compliance inbox such as external due diligence questionnaires.
• Manage and support team members and allocated staff.

Skills and Requirements

Minimum 8+ years in a similar role, ideally with previous Custody experience within Financial Services.

Regulatory Knowledge

Regulatory Knowledge: A deep understanding of industry laws, regulations, and standards is essential for ensuring organizational adherence.

Analytical & Problem-Solving

Analytical & Problem-Solving: The ability to analyze complex information, identify compliance risks, and devise effective, practical solutions is crucial.

Risk Management

Risk Management: Developing and implementing strategies to assess and mitigate potential compliance and regulatory risks is a core function.

Data Analysis

Data Analysis: The ability to collect, interpret, and use data to inform compliance strategies is increasingly important.

Technology Proficiency

Technology Proficiency: Familiarity with technology and relevant software is necessary for managing and automating compliance processes.

Key Soft Skills

Communication: Excellent written and verbal communication skills are needed to explain complex regulatory requirements to various stakeholders.
Organization: Strong organizational skills are necessary to manage multiple tasks, maintain records, and ensure comprehensive compliance efforts.

Leadership & People Skills

Leadership & People Skills: Leading by example, collaborating effectively with different departments, and building positive relationships are vital for fostering a compliance culture.

Integrity & Ethics

Integrity & Ethics: A strong ethical foundation and a commitment to high standards are fundamental for upholding the organization’s integrity.

Adaptability

Adaptability: The ability to stay current with rapidly changing regulations and adapt to new laws is crucial for compliance professionals.

Attention to Detail

Attention to Detail: Meticulous attention to detail ensures accuracy in policies, reports, and risk assessments, preventing costly errors.

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.