Trade Operations - AVP Level 3

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

Job Summary

An ideal candidate will have at least 12 years of proven experience leading and managing teams effectively in a fast-paced environment. Comprehensive expertise in Reference Data Management, Trade Processing, Security Setup, Security Pricing, and Corporate Actions is essential. The role requires a dynamic, results-driven professional with the ability to adapt to complex challenges and deliver high-quality outcomes aligned with business objectives. Strong organizational skills and the ability to accurately manage deliverables within established timelines are crucial for this position. The candidate should demonstrate sound judgment and tactical acumen when navigating daily operational issues. Exceptional communication skills and a competitive edge in building relationships with stakeholders worldwide are key to succeeding in this role.

Job Responsibilities:

• Lead and oversee a team responsible for executing trade operations activities, ensuring optimal performance and adherence to organizational standards.
• Manage the process of Security Master setups for both listed and OTC instruments, including support of daily business-as-usual deliverables as required.
• Drive process improvement and automation initiatives that enhance operational efficiency and streamline workflows within the department.
• Maintain and update the team’s capacity matrix on a quarterly basis, ensuring full-time equivalent (FTE) savings are achieved in line with established objectives.
• Utilize hands-on expertise with leading market data vendors such as Bloomberg, IDC, Refinitiv, Markit, and other relevant providers to support operational activities.
• Demonstrate a strong sense of ownership and accountability for all processes under purview, promoting a culture of responsibility and continuous improvement.
• Develop, maintain, and regularly update standard operating procedures (SOPs) to reflect current practices and ensure high-quality documentation.
• Oversee error tracking, conduct regular reviews, and provide comprehensive reports during monthly KPI reviews to inform management and improve accuracy.
• Set clear objectives for team members and conduct mid-year and year-end performance reviews, providing constructive feedback and ratings consistent with organizational guidelines.
• Document trade file mapping requirements for new and existing clients, collaborating with internal stakeholders (Analytics, Client Services Managers) and external clients to automate trade upload processes as necessary.
• Apply strong knowledge across multiple asset types, including equities, fixed income securities, and derivatives, with expertise in bank loans regarded as a valuable asset.
• Maintain proficiency in corporate actions including dividends, splits, and spin-offs to ensure accurate processing and reporting.
• Provide ongoing support and assistance to supervisors, auditors, and fund accountants on operational matters as required

Qualification & Experience required

• Master’s or bachelor’s degree in finance, Investment Banking or a related financial discipline.
• Over 12 years’ proven experience in Managing trade processing operations, corporate actions, pricing, and security setup/reference data management within a financial institution.
• Exceptional communication skills, both verbal and written.
• Deep operational expertise in financial institutions, especially in hedge fund administration, is highly preferred.
• Thorough knowledge of Fund Accounting applications such as Paxus and Advent Geneva would be a added advantage.
• Demonstrate flexibility with shift timings and willingness to accommodate changing operational needs.
• Strong analytical prowess, attention to detail, and outstanding service commitment.

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.

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 FinTech. 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 FinTech. 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.

Find out more about us