Apex Group

Global fund administration and related services

External Compliance / Money Laundering Reporting Officer

Regulatory Compliance & Ethics +1Confirmed live in the last 24 hours

Full-timeQuatre Bornes, MauritiusNo salary listedIn-person

About the Job

Requirements

Ability to perform MLRO, DMLRO, and Compliance Officer duties for regulated client entities in accordance with local regulatory requirements.
Knowledge of local regulatory requirements for AML/CFT compliance, client due diligence, transaction monitoring, and compliance monitoring.
Ability to prepare business risk assessments and compliance reports for client entities.
Ability to assist with AML/CFT audits, regulatory inspections, and preparation and maintenance of regulatory registers.
Ability to provide guidance on AML/CFT queries and risk assessments.
Ability to monitor local regulatory developments and recommend implementation plans based on their impact.
Ability to liaise with local authorities, including the FSC, ROC, and FIU.
Ability to use Apex systems and tools, including SharePoint and Citrix, and maintain complete, orderly records.
Ability to complete compulsory training and maintain required training logs.
Ability to update timesheets in accordance with Apex policy.

Responsibilities

Act as MLRO, DMLRO, or Compliance Officer for regulated client entities of Apex companies in Mauritius and carry out duties required by local regulations.
Oversee compliance monitoring programs and conduct client due diligence testing and transaction monitoring.
Prepare periodic reports for client entity boards and present those reports to the boards of directors.
Monitor remedial actions for non-compliance identified through testing.
Ensure client entities’ AML/CFT policies align with local regulatory requirements and reassess them annually.
Prepare annual business risk assessments for client entities.
Assist with independent AML/CFT audits and regulatory inspections, including offsite and onsite inspections.
Prepare and maintain registers required by regulation.
Provide guidance to the team on AML/CFT queries, risk assessments, and other queries.
Assist the line manager with day-to-day work, including designing, reviewing, and updating compliance report formats and compliance key performance indicators.
Assist in designing and drafting AML/CFT policies and procedures and business risk assessments for client entities when needed.
Assist with preparing AML/CFT training and with training, coaching, and guiding junior team members.
Review the work of junior team members.
Report key performance indicators, compliance breaches, and assigned tasks to the line manager.
Use Apex systems and keep files complete and in order on an ongoing basis, without archiving files in email, on the desktop, or on OneDrive.
Attend AML training and ensure training logs are updated as required.
Assist with training and supervision of subordinates or team members as the business expands.
Foster and maintain team spirit and a healthy working atmosphere.
Support the line manager in monitoring cost drivers, identifying cost-reduction initiatives, and reducing operational losses annually.
Assist the line manager in identifying, developing, and retaining key talent and maintaining the teams’ succession plan.
Act as a technical resource to the team to support excellent service delivery.
Collaborate with technology and other teams to agree on and prioritize program goals, objectives, and intellectual property development.
Adapt to technology already deployed and made available by Apex.

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

RESPONSIBILITIES:

Acting as MLRO/DMLRO/CO on regulated client entities of Apex companies (Mauritius campus) and carry out duties as per local regulatory requirements, including amongst others:

oversight of compliance monitoring program and conducting CDD testing & transaction monitoring
preparing periodic report to Board of client entities and presenting the reports to the board of directors of client entities
monitoring of remedial actions for areas of non-compliance identified as part of testing conducted
ensure AML/CFT Policy of client entities is aligned to local regulatory requirements and same is re-assessed on an annual basis
prepare Business risk assessments for client entities on an annual basis
assist on AML/CFT independent audit for client entities
assist on regulatory inspections including offsite and onsite inspections
prepare and maintain relevant registers as may be required under regulation
provide guidance to team on AML/CFT queries, risk assessments and other queries

Assist line manager in day-to-day work including amongst others:

design, review and update formats of compliance reports, including Compliance KPI
assist in design and drafting of AML/CFT policies and procedures, and business risk assessments where necessary for client entities
assist in preparation of AML/CFT training
assist in training, coaching and guiding of junior staffs in team
review of work of junior staffs in team

Monitor developments in local regulatory landscape and suggest implementation plans based on impact;
Liaise with local authorities such as FSC /ROC/FIU;
Reporting to line manager on KPIs, compliance breaches, assigned task
Attending AML training and ensuring training log is updated as and when required
Update timesheets in line with Apex policy
Update sharepoint/citrix or any other systems used by Apex and ensure completeness on a live basis and ensure all files are in order. No file / archiving on emails or on desktop or one drive at all times
Ensure use of knowledge academy for compulsory trainings and meet training deadlines
Adaption to all technology already deployed and that will be made available through Apex

LEADERSHIP AND PEOPLE DEVELOPMENT

Assist with training, supervision of subordinates/team members as the business expands.
Foster and maintain strong team spirit and a healthy working atmosphere.
Support line manager to monitor cost drivers and identify reductions initiatives, and reduce operational losses yearly.
Assist line manager to identify, develop and retain key talent as well as own the succession plan for the teams.
Act as a technical resource to the team in order to deliver an excellent service
Collaborate with technology and other teams to agree and prioritise programme goals and objectives as well as intellectual property development.
Ensure adaption to all technology already deployed and that will be made available through Apex.

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 the Company

Apex Group

Global fund administration and related services

Apex Group provides a single-source suite of financial services, including fund administration, corporate services, banking, custody, depositary services, and ManCo offerings, with digital onboarding and ESG advisory for private markets. Its platform lets clients choose individual services or an integrated package that covers the whole value chain, all supported by technology and data. The company differentiates itself through its global scale, reach, and growth through numerous acquisitions that expand capabilities and local expertise while keeping a single-provider experience. Its goal is to deliver high-quality, consistent client service worldwide with local delivery and to advance its integrated offering in private markets, tokenization, and cross-asset support.

Company size: 5,001-10,000
Company stage: Debt Financing
Total funding: $1.5B
Headquarters: Hamilton, Bermuda
Founded: 2003

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