Custody Reconciliation

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

Role:
Custody Reconciliation & Reporting Officer
Role Location:
Valencia
Department:
Custody
Level of the role:
Senior Associate 2
Employment Type:
Permanent
Role summary:
As a Reconciliation & Reporting Officer, you will be responsible to manage the different kind of reconciliation steps for cash and securities, the preparation of regulatory reporting's and credit assessment of outgoing payments as follows:

Key responsibilities:

• Reconciliation of cash positions (internal versus sub custodian)
• Reconciliation of financial instruments positions (internal versus sub custodian)
• Reconciliation of Digital Banking transactions and positions
• Creation of regulatory reporting (e.g. QI, EMIR, MIFID, FATCA, CRS)
• Preparing files for ETD an OTC Collateral Management process.
• Daily monitoring of blocked outgoing payments due to credit limit breaches
• Daily monitoring of Credit Reporting package (e.g. Overdrafts, Limits, Valuation of Collateral)
• Weekly update of debit interests
• Internal reporting: AUC and KPI
• Any other duty, which is instructed directly by the managing directors in accordance with Article 6.2 of the employment agreement.

Experience and skills:

• University degree in Banking/ Finance /Accounting or similar.
• Excellent English spoken and written communication skills.
• Very good computer literacy.
• Very good Excel knowledge.
• Understanding the banking industry.
• Good understanding of the Custody business.
• Customer Focus.
• Concern for Quality.
• Willingness and ability to work in a team and meet deadlines.
• Adherence to procedures.
• Attention to detail

What you will get in return:
High Visibility & Impact
: Be part of a growing organization where your contributions are recognized and valued.

Inclusive & International Culture:
Enjoy a friendly, collaborative work atmosphere in a diverse, multicultural environment.

Global Communication
: Work daily with English-speaking colleagues and clients, enhancing your international exposure.

Career Growth:
Join one of the world's leading independent fund administrators, offering exciting opportunities for professional development and advancement.

Competitive Compensation:
Receive a market-adjusted salary and benefits package designed to reward your expertise.

Dynamic Environment:
Experience the energy of a rapidly expanding company on an upward trajectory.

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.