Fund Accountant

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

Transfer Agency Payment Processing Team Business- Payments – Transfer Agency Role Title- Associate/ Senior Associate Location-

The Transfer Agency Department provides Fund Administration service to numerous Fund management companies covering the full range of shareholder servicing functions including Transaction processing, Reporting, AML and Registration and Payments. The department is responsible for Client and investor document management, processing and quality checking of transactions and updating the registers of clients in response to investor instructions.

This role is to perform BAU activities in the TA department to ensure that not only Client Service Level Agreements are consistently met and/or exceeded but also to ensure that regulatory requirements are effectively met. Candidates should be flexible enough to work in 24*7 environment

Key duties and responsibilities

Individual/You should have fair understanding of SWIFT (MT103, MT202), FED payment, Internal Transfer

Individual/You Should have knowledge about ABA, Sort Code, BSB, BIC, IBAN, RTGS,NEFT and various global banking codes and cash settlements methods.

Individual/You should have prior experience working in Manual Payments/wires environment and able to understand end to end Payment flow.

Individual/You should be able to read Standard settlement Instructions ( SSIs ) and identify any missing/incorrect information.

Fund related vendor payment Invoice verification and making Payment using banking portals.

Custody and fund related bank invoice verification.

Individual/You should be well versed with payments related to subscription and redemption.

Mailbox monitoring and prioritising payments based on various currency cut offs.

The role involves supporting various global locations with day-to-day Payment’s requirement.

Answer Client/Local Offices queries by call and email.

Ensure all daily processing completed and signed off.

Report and escalate regularly on significant issues and blocking points to manager.

Must be a team player, capable of multi-tasking and able to work within tight deadlines

Should have good written and verbal communication skills.

Should be flexible in any shift timings.

Prior experience in Payments/Banking/Treasury will be an added advantage.

Prior experience in Transfer agency functions will be an added advantage.

Qualification and Experience

University degree in B. Com/MBA or equivalent degree

Knowledge of hedge funds, Private Equity will be and added advantage.

Hands on experience and knowledge about FED Payment and SWIFT payments.

Experience of above 2 years in managing FX/Payment’s processing, investigations with fair knowledge.

Skills Required

Strong analytical skills

Responsible for meeting all client deliverables

Ability to navigate proficiently in a windows environment

Strong knowledge of Microsoft excel & word

Ability to write messages in a clear and concise manner

Ability to read, write & speak English proficiently

Strong research, resolution, and communication skill

Interpersonal skills - Relationship builder, respectful and resolves problems

Communication skills - Presentation skills, listening skills, oral & written communication skills

Self-management - Adaptability and resilience, learning behaviour, integrity and ethics and relationship build

Motivational skills - Performance standards, achieving results and persistent.

Innovative thinking - Creative thinking decision making, input seeking, logical thinking and solution finding

Attention to detail and ability to work on multiple tasks

Flexible enough to work in any shifts as per business needs

Prior Transfer Agency processing experience is required

Master’s degree in commerce is desired

2-9 years of relevant experience

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.