Job Description

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 Location: Valencia
Department: Depositary/Due Diligence
Level of the role: Senior Due Diligence Associate
Employment Type: Full time permanent

Due Diligence Reviews:

• Prepare initial and ongoing due diligence reviews on

  • Sub-Custodians

  • Prime Brokers

  • Fund Managers

  • Fund Administrator

Process:

• Due Diligence Questionnaires (DDQs)

• Control reports (SOC1 / ISAE 3402 reports)

• Financial statements

• Regulatory disclosures

• Policies and procedures

• Standard due diligence documentation packs

Risk Assessment and Monitoring:

• Perform preliminary and periodic risk assessments of service providers.

• Maintain records of ongoing monitoring activities and ensure supporting evidence is retained.

• Escalate material findings or emerging risks to the Due Diligence Manager.

Reporting:

• Draft due diligence reports for review by the Due Diligence Manager.

• Assist in preparing reporting for Branch Management.

• Track outstanding recommendation, findings and remediation actions.

• Maintain accurate audit trails supporting all due diligence activities.

Stakeholder Management:

• Develop effective working relationships with Depositary Teams, Custody Operations, external service providers.

• Participate in internal and external meetings as required.

• Promote a culture of risk awareness, control effectiveness and regulatory compliance.

• Support internal audits, external audits and regulatory inspections by providing required documentation and evidence.

Skills Required:

• Bachelors in preferably Finance/ Business Administration or something similar.

• Autonomous and solution-oriented working style.

• Excellent communication skills in English (B level as minimum).

• Minimum 1–2 years' experience in a Due Diligence, Depositary Oversight, Custody, Fund Administration, Risk, Compliance or Audit environment.

• An overall knowledge of Depositary key regulatory requirements.

• Understanding of UCITS and AIFMD rules.

• Strong analytical and problem-solving skills.

• Strong understanding of product range and operational processes.

• Ability to work under pressure and to meet deadlines.

What you will get in return:

• Hybrid Working Model

• Private health insurance.

• 27 working days holiday + Public holidays

• Opportunities for professional development.

• Professional Development (CPD) and Study Guidance programs

• Positive and hospitable work environment.

• Opportunity to work with a diverse, agile and global team.

• Exposure to all aspects of the business and cross-jurisdiction.

• A genuinely unique opportunity to be part of an expanding large global business + more

At Apex Group, we are committed to creating a diverse and inclusive workplace. In Spain, this includes our obligation under the LGD to ensure that people with disabilities are represented within our teams. If you have a recognised disability (≥33%), we welcome your application and will provide reasonable adjustments throughout the recruitment process.

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.