Manager Instrument Pricing

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

Summary of the position

The Manager – Instrument Pricing is responsible for ensuring that all security classes are accurately valued, thereby enabling the accurate valuation of client portfolios. Specifically, Apex is looking for a valuations expert to lead and manage the Security Valuations team.

Apex is seeking an individual with proven industry experience in either asset management or fund administration, with specific security valuations experience being an absolute must.

Outline of main duties and responsibilities

The main responsibilities of the role will be:

• Monitoring of service delivery by the teams in terms of SLA and managing clients' expectations regarding deliverables, including projects and new client/fund onboarding
• Monitoring and resolving issues that have been identified
• Management of the team responsible for service delivery of the various functions
• Providing mentorship and motivation to staff and ensuring that appropriate knowledge sharing and skills training are provided
• Aligning the teams' strategies and KPIs to that of the broader Apex strategy
• Risk Management:
  • Managing risk in the teams' activities by reviewing processes and ensuring that adequate controls are in place at all times
  • Reviewing incidents and corrective actions to ensure continuous improvements through the Apex risk management framework
• Relationship Management:
  • Building and maintaining strong working relationships with external and internal clients
  • Ensuring that an SLA is in place and adhered to with external and internal clients
  • Working closely with the Client Management teams to ensure clients receive the optimal service levels
• Product Management:
  • Assessing opportunities for efficiencies and reduced overhead in existing processes, including new technologies and vendors
  • Ensuring an adequate knowledge and understanding of global trends in security valuations
  • Collaboration with technology and development teams to implement process optimization initiatives
  • Assume business ownership of Xceptor

Skills and experience required

The successful candidate will:

• B.Com or similar tertiary business study and at least 5 years' experience in Asset Management and/or Administration
• Minimum of 2 years in a managerial role
• Strong industry knowledge and experience, specifically within Security Valuations
• Strong communication skills (written & verbal)
• Ability to manage leaders and projects in an agile environment
• Ability to function well in a pressurised environment
• Knowledge and experience of InvestOne and Xceptor an advantage, but not essential

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.