Fund Accountant - PEFA

Apex Group Ltd (UK Branch); Reston (VA); On-site; USD 70,000 - 90,000; Full time

Job summary

Apex Group Ltd (UK Branch) is seeking a candidate for a pivotal role in asset administration and loan operations. The successful candidate will have a degree in Accounting/Finance and at least 3 years of experience in loan administration operations. This position emphasizes attention to detail, communication skills, and a deep understanding of CLOs, CDOs, and Credit Funds.

The team offers a supportive environment, promoting professional growth and transformation. Responsibilities will include coordinating a variety of administrative duties, ensuring compliance in cash and position reconciliations, and supporting the Middle Office Manager in operational tasks.

Qualifications

• Degree in Accounting/Finance or relevant qualification is required.
• 3+ years of experience in loan administration operations is necessary.
• Extensive knowledge of CLOs/CDOs/Credit Funds is essential.

Responsibilities

• Coordinate asset administration and various tasks.
• Perform cash and position reconciliations.
• Support the Middle Office Manager in training and development.

Skills

CLOs/CDOs/Credit Funds knowledge

Loan administration operations

Microsoft Office Suite

Attention to detail

Excellent communication

Education

Degree in Accounting/Finance

Tools

Solvas (CDO-Suite)

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

The Candidate

The candidate will have a good working knowledge and experience working with CLOs, CDOs, Credit Funds and the different types of Loans. They will be driven and motivated to achieve excellence through hard work, good organisation skills, excellent communication and attention to detail.

Main Responsibilities:

• Asset administration: Responsibilities include, but are not limited to performing and coordinating a variety of administrative duties and tasks including
  • Asset setup
  • Asset Maintenance and reconciliation
  • Liaising with 3rd party brokers/custodians/agents
  • Processing agent notices
  • Processing corporate actions
  • Entering and settling trades as required
  • Preparing and assisting with various reports required by internal teams
  • Other duties assigned by Management
• Cash/Position Reconciliation: Responsibilities include, but are not limited to performing and coordinating a variety of reconciliation duties and tasks including
  • Preparing daily reconciliation of cash transactions
  • Preparing daily reconciliation of Apex/Client positions
  • Ensuring aged breaks (over 7 days) are addressed and escalated
  • Processing and reconciling data in various systems
  • Actively researching discrepancies with various agents and internal teams
  • Preparing and ensuring all Reporting is issued within the required timeframes
  • Preparing and assisting with various reports required by internal teams
  • Other duties assigned by Management
• Support Middle Office Manager:
  • Providing support for assigning duties and work delegation
  • Roll out training and development plans to direct reports and new joiners.

Qualifications, Skills and Experience:

• Degree in Accounting/Finance, or a relevant qualification
• Candidate should have 3+ years’ experience working in loan administration operations
• Extensive knowledge of CLOs/CDOs/Credit Funds
• Understanding or knowledge of various security types – Private Debt, Syndicated Loans, Bonds, Equities, Futures, CDS, CDS Indices, Forwards, ABS, MBS, TRS, etc.
• Understanding of trade lifecycle
• Knowledge and experience with settlements including DTCC & Euroclear
• Knowledge and understanding of securities and other financial instruments Computer proficiency with advanced knowledge of Microsoft Office Suite, familiarity with Solvas (CDO-Suite) preferred
• Must experience into Solvas tool.

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.