Compliance Manager in City of London

The Apex Group was established in Bermuda in 2003 and is one of the world’s largest fund administration and middle office solutions providers.

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.
• Develop and deliver appropriate compliance training to Board members and employees.
• Prepare / review RegData / Connect reports for submission.
• Assist in business and client queries related to FATCA/CRS and support related submissions.
• Respond to ad‑hoc requests received in the compliance inbox such as external due diligence questionnaires.
• Manage and support team members and allocated staff.

Skills and Requirements

• Minimum 3‑5 years in a similar role and/or relevant professional qualification.
• Ideally with previous Funds or Custody experience within Financial Services.
• Regulatory Knowledge: A good understanding of industry laws, regulations and standards is essential for ensuring organizational adherence.
• Analytical & Problem‑Solving: The ability to analyze complex information, identify compliance risks and devise effective, practical solutions is crucial.
• Risk Management: Developing and implementing strategies to assess and mitigate potential compliance and regulatory risks is a core function.
• Data Analysis: The ability to collect, interpret, and use data to inform compliance strategies is increasingly important.
• Technology Proficiency: Familiarity with technology and relevant software is necessary for managing and automating compliance processes.
• Key Soft Skills:

• Communication: Excellent written and verbal communication skills are needed to explain complex regulatory requirements to various stakeholders.
• Organization: Strong organizational skills are necessary to manage multiple tasks, maintain records, and ensure comprehensive compliance efforts.
• Leadership & People Skills: Leading by example, collaborating effectively with different departments, and building positive relationships are vital for fostering a compliance culture.
• Integrity & Ethics: A strong ethical foundation and a commitment to high standards are fundamental for upholding the organization’s integrity.
• Adaptability: The ability to stay current with rapidly changing regulations and adapt to new laws is crucial for compliance professionals.
• Attention to Detail: Meticulous attention to detail ensures accuracy in policies, reports, and risk assessments, preventing costly errors.