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
We are looking for candidates in our External Compliance Solutions unit who will act as client Money Laundering Reporting Officer (MLRO)/ Compliance Officer (CO) for entities under Apex administration that hold financial services license.
Key responsibilities
Acting as MLRO/DMLRO/CO on client entities & carry out duties as per local regulatory requirements, including conducting oversight of compliance monitoring program and preparing periodic report to Board of client entities;
Conduct testing and file reviews (including CDD review) based on risk assessment;
Design, Review & update formats of compliance reports, including Compliance KPI;
Conduct and assist in onboarding and ongoing screening and transaction monitoring;
Assist in design, drafting an implementation of AML/CFT policies and procedures for client entities;
Assist in delivery/preparation of AML/CFT training ;
Monitor developments in local regulatory landscape and suggest implementation plans;
Reply to queries within agreed timeframe & deadlines;
Liaise with local authorities such as FSC, FIU etc and maintain good rapport;
Assist Operations team on risk assessments, AML/CFT queries and provide guidance to them;
Take on ad hoc assignments and complete within agreed timeframe;
Any other task as may be assigned by management.
Skills / experience required
Holds a degree and/or professional qualification in finance and/or legal or other relevant qualification;
Good knowledge of applicable laws and regulations for the Global Business with at least 3-5 years of relevant experience;
Satisfies competency standards of FSC to act as MLRO;
Expert knowledge of AML/CFT issues with appropriate references;
Experience in designing Compliance Monitoring Plans and conducting assurance testing of AML/CFT controls;
Ability to work under pressure and deliver within agreed deadlines;
Already acting as an officer approved by the Financial Services Commission will be an advantage.
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.