Senior Risk Administrator

You can find out more about this in ourSenior Risk Administrator page is loaded## Senior Risk Administratorlocations: Cape Town, Apex House: Trianontime type: Full timeposted on: Posted Todayjob requisition id: JR- 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 Summary**The Senior Risk Administrator is a member of Local Risk Management team under the Risk Function. As part of this team, the Senior Risk Administrator provides support to the Head of Risk for the implementation of, and compliance with, the Apex Risk Management Framework in his/her jurisdiction.**Key Responsibilities** as* Support the Head of Risk to proactively manage risk by identifying, assessing and reporting both risk and controls (adequacy and effectiveness) support testing & reporting on adequacy / effectiveness of key risks as well as identification of control mitigation and oversight of implementation within timelines* Assist in ensuring local risk reporting is escalated through the Risk Function to ensure accurate and timely Enterprise Risk Management reporting at a Group level.* Support Head of Risk in ensuring fully current knowledge with any / all specific requirements regarding jurisdictional Regulators (as relevant) through up-to-date Horizon Scanning and (as required) to support communication with the Regulator at periodic intervals on risk reporting.* Support maintenance oversight on adherence with key policies and procedures on risk management.* Support work with Internal Audit and Compliance in improvement of the control framework.* Contribute to escalate relevant information of risk matters via agreed governance structure such Local Risk & Audit Committees and reporting to local Boards (as / if required). Support reporting to the Board and Regulators (as relevant) on risk management practices.* Contribute to work with staff locally to implement Risk Framework initiatives in a proportionate and pragmatic manner, ensuring appropriate escalation in event of failure. Support proactive identification of emerging trends and provide direction on appropriate risk management options .* Involvement in Client Acceptance Process, identifying and raising potential risk concerns, to the extent required by the Head of Risk and support the Local and Group Risk Committees.* Maintain oversight of Events, Complaints and Breaches; (as needed) assist in provision of Root Cause Analysis / findings and drive a best-in-class risk culture .* As relevant actively contribute to Risk Assessment and Control Assessment, in collaboration with Risk Framework team, to the extent required by the Head of Risk .* Participate in the oversight of local Outsourcing arrangements .* Contribute to drive an improved and robust control environment locally* Participate in the oversight of Business Continuity plans and planning .* Contribute to the production of accurate and timely risk reporting to appropriate Risk and Compliance Committee needed.**Key Requirements*** Experience of Risk Management in the financial services industry – track record in fund management or fund administration sectors will be considered an advantage.* Relevant Risk Management qualification would be an advantage.* Experience working in both First and Second lines of defense.* Understanding of Risk Frameworks in a Financial Services context.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.#J-18808-Ljbffr