Co-op intern

Apex Group; Riyadh; On-site; SAR 120,000 - 180,000; Full time

Benefits offered by this job

Global exposure

Diverse team

Competitive salary

Job summary

Apex Group is seeking a Fund Services Associate to support FundRock operations in a dynamic, global environment. You will review offshore work, ensure accuracy, and ensure timely NAV submissions in line with client SLAs.

The role emphasizes regulatory compliance, AML controls, data gathering, liquidity monitoring, and maintaining strong client relationships while contributing to process improvements and cross-team collaboration.

Qualifications

• Strong educational background in accounting or finance.
• Experience in fund services and NAV processes is advantageous.
• Ability to work with offshore teams and meet deadlines.

Responsibilities

• Review work performed by offshore teams and ensure its accuracy.
• Timely submission of NAV to clients in line with SLAs.
• Ensure compliance with fund terms, regulatory requirements and AML regulations.
• Communicate issues to Line manager and promote client relationships.

Skills

Fund services

NAV submission

Regulatory compliance

AML awareness

Data gathering

Interpersonal skills

Problem solving

Education

Accounting/Finance background

Tools

Word

Excel

Macros in Excel

Job description

FundRock is a Pan-European leading independent UCITS management company and AIFM (Alternative Investment Fund Manager). Our clients are established blue-chip companies and leaders in their domestic market. We invest in our people, enabling you to develop your skills and build on your experience. If you like the idea of working for an ambitious and growing company, as part of a multicultural team, we are the place for you.

The Role & Key Responsibilities:

• Deliver comprehensive support to Fund Services teams by contributing across different roles, ensuring operational efficiency and meeting dynamic business demands.
• Reviewing work performed by offshore teams and ensure its accuracy.
• Timely submission of NAV to the clients in line with the SLA signed by the clients.
• Ensuring all work undertaken complies with the respective fund’s terms and conditions, relevant regulatory requirements and anti-money laundering regulations.
• Working closely with Close ended asset managers and property managers, and real estate developer to gather data and support fund operations.
• Monitoring cash flows to ensure sufficient liquidity for operations, investments and distribution.
• Maintaining financial statements, ensuring they comply with relevant accounting standers and regulations.
• Maintaining compliance with the firm’s policies and procedures.
• Deputising if required during line manager’s absence.
• Communicate any issues of concern to the Line manager(s)
• Always follow company procedures.
• Promote excellent relationships with the clients of the company.

Skills Required:

• Strong Educational Background, preferably accounting or Finance.
• Strong PC skills including Word, Excel and Macros in Excel.
• Proactive and willing to drive things forward.
• An ability to work to and meet agreed deadlines.
• Flexible in work approach due to nature of the role to meet client deliverables.
• Excellent interpersonal and written communications skills.
• Ability to multi-task and work in a pressurised environment.
• Capacity to problem-solve and ability to deal with complex issues.

What you will get in return:

• A high level of visibility within a large organisation on an upwards trajectory
• The ability to define a function of the Apex Business in the KSA
• Be part of a dynamic and fast-paced team that makes a genuine impact on revenue and sales pipeline.
• Opportunity to work with a diverse, agile and global product line.
• The opportunity to innovate, improve process and really make a difference.

Additional information:

We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences. We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet. For more information on our commitment to Corporate Social Responsibility (CSR) please visit https://theapexgroup.com/csr-policy/

As a vital team member and in return for your expertise, inclusive approach and commitment, we’ll provide a favourable salary and the chance to join a passionate and welcoming team.

Benefits

As a truly global business, we tailor benefits to each location to safeguard our people and respect local cultures and ways of working. Our people are our greatest asset, and we invest in talent development. Join our global network, and you will benefit from education support, sponsorship and in-house training programs.

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices. Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent. Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals. We’re a people-powered business, and our people are full of ambition. Together, we’re inspired to lead the new era of data and tech enabled service. Bringing new products and services to market. Sharpening our client focus. Disrupting the market to exceed expectations. Innovating across a range of specialisms. With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies. Prepare to accelerate. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. Positive change starts with you. We’re a people-powered business with a vision to inspire a new era of service-led FinTech. We’re expanding globally and offering more to our clients. This means you get more opportunities to grow with us. So prepare to accelerate. We’ll make sure the time and effort you put in takes you further, faster. The journey is yours to own. When you stretch yourself, you grow. We want you to explore ways of working that will see you thrive as part of something bigger. We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders. All the things you need to own your unique journey. Find out more about us