Treasury - Head of Funding - SVP

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
• Head of Funding Role Purpose

The Head of Funding will lead the strategic oversight and operational execution of the Group’s funding and liquidity management.

This role is responsible for managing intragroup funding structures, overseeing dividend flows and intercompany recharges, ensuring technical hedge accounting compliance, and driving global cash forecasting accuracy.

The individual will also ensure adherence to financial regulations, transfer pricing requirements, and support efficient capital deployment across the Group.

The head of funding will report to the Group Treasurer and have Fund Analysts as direct reports.

Key Responsibilities

• Funding & Liquidity Management Lead and optimise intragroup funding flows across the Group, ensuring efficient deployment of capital and alignment with legal, tax, and regulatory constraints.
• Lead oversight of group funding strategy, ensuring optimal use of internal and external funding channels.
• Monitor and actively manage liquidity positions across entities, regions, and currencies, ensuring adequate buffers.
• Identify funding mismatches and propose tactical and strategic solutions.
• Oversee dividend planning and execution to align with capital and tax strategies.
• Manage intercompany recharges for shared services and funding arrangements, ensuring compliance with group policies and local regulations.
• Collaborate with Tax and Finance teams to ensure recharges follow OECD transfer pricing rules and maintain proper documentation.
• Assess and manage the impact of funding strategies on local entity balance sheets, including capital structure, leverage, and liquidity positioning.
• Design and implement intragroup balance sheet currency hedging strategies to mitigate FX risk arising from funding and capital structures.
• Maintain a strong understanding of accounting implications of treasury instruments, ensuring appropriate treatment under IFRS/US GAAP and alignment with hedge accounting strategies.
• Own the Group’s liquidity framework, including definition and monitoring of minimum liquidity buffers across entities and regions.
• Perform regular liquidity stress testing and scenario analysis to assess resilience under adverse conditions and inform contingency funding plans.
• Provide clear analysis and recommendations to senior stakeholders on liquidity risk, funding capacity, and balance sheet optimisation.
• Own technical hedge accounting processes, including documentation, effectiveness testing, and reporting.
• Ensure compliance with IFRS/GAAP hedge accounting standards and interface effectively with external auditors.
• Monitor compliance with internal treasury policies and relevant financial regulations.
• Own Group’s liquidity forecasting framework; Lead the global cash forecasting process across the group, enhancing accuracy and visibility.
• Provide insights and scenario analysis to support funding decisions and risk management.
• Produce clear reporting for executive and board-level stakeholders.
• Working with FP&A team to understand cash impact on the plan and drive variance analysis and reporting for the Board.
• Work closely with Group Tax to ensure intercompany transactions, funding, and recharges are consistent with global transfer pricing policies.
• Maintain governance frameworks and controls for intercompany funding and settlements.
• Support audit processes and resolve any intercompany disputes or reconciliation issues.
• Act as deputy to the Head of Front Office, providing cover for all market-facing treasury activities including funding execution, FX, and interest rate risk management.
• Support and, where required, lead execution of external funding transactions, including bank facilities, debt capital markets issuances, and refinancing activities.
• Execute FX and interest rate hedging transactions in line with Group risk management policies and approved strategies.
• Maintain strong relationships with banking partners and financial institutions, supporting negotiation of terms and optimisation of funding structures.
• Monitor market conditions, providing insights and recommendations on funding opportunities, refinancing timing, and hedging strategies.
• Ensure all front office activities are aligned with internal policies, risk limits, and regulatory requirements.
• Candidate Profile

Essential Qualifications

Degree in Finance, Accounting, Economics, or similar & Professional qualification (e. g., ACT) preferred.

Experience

10+ years of treasury or corporate finance experience in a multinational organisation.

Proven leadership in funding, cash, and liquidity management.

Strong understanding of hedge accounting standards (IFRS/US GAAP).

Experience with intercompany funding and recharge structures, transfer pricing compliance, and global treasury operations.

Skills & Competencies

Excellent analytical, financial modelling, and forecasting skills.

Clear communicator with the ability to influence senior stakeholders.

Understanding of treasury systems, ERP platforms (Kyriba), and banking infrastructure.

Organised, detail-oriented, and able to thrive in a dynamic, cross-border environment.

About Apex Group

We are dedicated to driving positive change in financial services while fuelling the growth and ambitions of asset managers, allocators, financial institutions, and family offices.

Established in Bermuda in 2003, the Group has continually disrupted the asset serving industry through our investment in innovation and talent.

Today, we set the pace in asset servicing and stand out for our unique single-source solution and unified cross asset-class platform which supports the entire value chain, harnesses leading innovative technology, and benefits from cross-jurisdictional expertise delivered by a long-standing management team and over 13,000 highly integrated professionals.

We’re a people-powered business, and our people are full of ambition.

Together, we’re inspired to lead the new era of data and tech enabled service.

Bringing new products and services to market.

Sharpening our client focus.

Disrupting the market to exceed expectations.

Innovating across a range of specialisms.

With our focus on making a difference to our people, our planet and our society, you’ll experience more here than you would at most other companies.

Prepare to accelerate.

We’re a people-powered business with a vision to inspire a new era of service‑led Fin Tech.

We’re expanding globally and offering more to our clients.

This means you get more opportunities to grow with us.

So prepare to accelerate.

We’ll make sure the time and effort you put in takes you further, faster.

Positive change starts with you.

We’re a people-powered business with a vision to inspire a new era of service‑led Fin Tech.

We’re expanding globally and offering more to our clients.

This means you get more opportunities to grow with us.

So prepare to accelerate.

We’ll make sure the time and effort you put in takes you further, faster.

The journey is yours to own.

When you stretch yourself, you grow.

We want you to explore ways of working that will see you thrive as part of something bigger.

We’ll help you with a solid structure, challenging projects, vibrant networks, supportive colleagues and approachable leaders.

All the things you need to own your unique journey.

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