Compliance Manager - Depositary & Custody

Location: London

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.

Critical Job Elements

Contributor to team working

Attention to detail, ability to work to deadlines and work under pressure

Confidence and strength of character which arises from a knowledge of subject matter, detail orientated, inquisitive mind to understand regulations, the practical options and limits thereof

Excellent organisational skills, ability to manage multiple priorities of role AND strong communication with clients and senior management

Ensures clear, concise and appropriate communication

Ability to learn systems and technology, to get the best from existing systems, understand the limitations thereof and either drive improvements from or find alternative ways to get what is needed

Eagerness to understand Apex business lines / products and provide appropriate support

Focus on business innovation based on the priorities established by the Board

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.