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 Manager, Investment Management Oversight & Onboarding Department: Third Party Delegate & Distributor Oversight Reports to: Head of Investment Management Oversight Location: Hamilton Centre, Rodney way, Chelmsford CM1 3BY Purpose of the Role: You will assist in the management and delivery of an effective Investment Management Oversight programme of Apex FundRock Ltd and FundRock Partners Ltd (together “Apex FundRock”) fund hosting operation. You will carry out due diligence of existing and on-boarding of new investment managers, and other relevant suppliers, in collaboration with the Project / Transition Manager, ensuring seamless intergration and oversee ongoing oversight and governance. The role also covers the oversight of existing and potential investments held by delegated investment managers, the management of external monitoring requirements of trustees/depositaries, fund auditors, internal audit and the regulator, and facilitation of review, reporting and escalation requirements to various governance committees. The ideal candidate will have strong project management skills, a deep understanding of investment operations and experience working with asset managers, custodians and other key stakeholders. Key Responsibilities: • Onboarding – Assist when required with end-to-end onboarding process for new investment managers, ensuring all necessary documentation, due diligence and operational set ups are completed efficiently, and as detailed in the relevant oversight framework. Develop and maintain onboarding checklists, timelines and communication plans. • Project Coordination – Assist as directed cross-functionality work with internal teams (Legal, Oversight teams, etc.) and external investment managers to ensure a smooth onboarding process. • Due Diligence & Risk Assessment – Conduct initial and ongoing due diligence visit & reivews to assess investment managers’ operational and compliance capabilities. Review and assess investment policies, governance structures and regulatory compliance. Develop and maintain close working relationships with delegated investment managers; • Regulatory Compliance - Ensure that funds comply with regulatory and scheme documentation investment limits, monitor and evaluate investment risk exposures (Global Exposure, Leverage and Liquidity Risk) and adherence to investment guidelines. Review, analyse and report to all parties breaches of any risk limits. • Deal with routine and ad hoc queries from sponsors, investment managers, depositaries and other third parties; • Liaise with appropriate firms who support the team: e.g. custodians, fund accountants, fund auditors and lawyers, as directed; • Keep abreast of regulatory change. Key Attributes and Qualifications: • Experience working with asset managers or financial service providers • Excellent knowledge of the UK regulatory environment and rules prescribed in the FCA Handbook, in particular the COLL, FUND, COBS and SYSC sourcebooks; and demonstrate knowledge of international investment regulations e.g. ESMA etc. • Demonstrate good communication skills, both written and oral and be able to converse internally and externally with personnel at all levels; • Independent thinking to find efficient and innovative ways to solve problems; • Meticulous attention to detail; • Experience with project management, particularly onboarding a new management company, asset manager or fund; • Proficiency in investment monitoring systems, risk analytics tools and compliance platforms e.g. MSCI Risk Metrics; • Ability to function in a dynamic and ever-changing environment; • Strong multi-tasking abilities; able to juggle conflicting priorities; • Have a proven hands-on attitude, be flexible and adaptable; • Observation of proper standards of market, business and personal conduct, demonstrating integrity in the execution of duties; • Respect the Apex FundRocks’ approach to client care and demonstrate due regard to the interests of the clients in any and all third party dealings; • Ideally degree educated with further professional qualifications (e.g. IOC, IMC) an advantage; • Knowledge and experience of Collective Investment Schemes; • Good IT skills – intermediate Excel, Word, Powerpoint, Outlook; • A minimum of five years’ experience of working in financial services. The aim of the job description is to indicate the general purpose and level of responsibility of the role. Please be aware that duties may vary from time to time without changing their character or general level of responsibility. Duties may be subject to periodic review by Senior Management (in consultation with the employee) to reflect the changing needs of the company. The above list of duties is not exclusive or exhaustive and the employee will be required to undertake such tasks as may reasonably be expected and at the discretion of the company. 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.