Settlements Officer

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

Settlements Officer (12 months Contract)
Wellington
Description
This role involves a hands-on approach to supporting settlement services for Apex clients and collaborating with various departments across the company. Principal responsibilities include conducting peer reviews and providing backup for Custodial roles within the broader Apex Custody teams.

Job specification

• Verify the validity of all client instructions to ensure accuracy and compliance.
• Accurately record trades in the internal accounting system, perform trade matching with counterparties, and instruct Custodians in accordance with agreed deadlines.
• Coordinate the physical settlement of both international and domestic investment transactions, encompassing Equities, Fixed Interest, Unitized Investments, Derivatives, and Foreign Exchange transactions.
• Maintain and update the procedures manual, while continuously seeking opportunities to enhance working practices.
• Investigate and resolve settlement issues promptly, escalating to management as necessary.
• Ensure timely investigation and resolution of all reconciliation breaks.
• Assist with Corporate Actions entry and verification as needed.
• Adhere to and ensure compliance with all service delivery standards established for the Settlements team.
• Contribute to the development and implementation of controls and processes to uphold a robust control environment in line with industry best practices.
• Foster and maintain strong relationships with both internal and external clients.
• Perform additional Investment Operations duties as required by the business.

Skills Required:

• Demonstrated ability to organize and manage workload effectively, prioritize tasks, and meet established deadlines.
• Around 3 years experience within and a general knowledge of the financial markets industry
• Advanced problem-solving skills with a strong analytical approach.
• Exceptional attention to detail.
• Excellent communication skills, with the ability to interact effectively with internal stakeholders, clients, and professionals across the financial services industry.
• Comprehensive understanding of trading and settlement mechanics for the following products:
• Equities
• Fixed Interest
• Cash
• Foreign Exchange Transactions
• Derivatives
• Unitized Products

What you will get in return:

• A genuinely unique opportunity to be part of an expanding large global business;
• Competitive remuneration commensurate with skills and experience;
• Training and development opportunities

Additional information:
We are an equal opportunity employer and ensure that no applicant is subject to less favourable treatment on the grounds of gender, gender identity, marital status, race, colour, nationality, ethnicity, age, sexual orientation, socio-economic, responsibilities for dependants, physical or mental disability. Any hiring decision are made on the basis of skills, qualifications and experiences.

We measure our success as a business, not only by delivering great products and services and continually increasing our assets under administration and market share, but also by how we positively impact people, society and the planet.

For more information on our commitment to Corporate Social Responsibility (CSR) please

"Personal data provided by job applicant(s) will be used for recruitment purposes only and will be treated strictly confidential. Such personal data can be accessed by different Apex stakeholders within and out of country for the consideration of the job application hereunder. Application made by the job applicant(s) constitutes the irrevocable consent of the job applicant for her/his personal data to be used by Apex stakeholders within or outside country for the purpose of this recruitment."
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.