Account Supervisor - Hedge Funds

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

Account Supervisor – Hedge Funds 

Role Location: Malta 

Department: Fund Administration 

Corporate Title: Assistant Vice President – Level 1 

Employment Type: Full-time  

The Role & Key Responsibilities:  

The successful applicant will be responsible for day-to-day operations of accounting and administration of hedge funds and will strive to be the one point contact to investment managers. To carry out these duties, the successful applicant will carry out and coordinate with and lead relevant support team, and to deliver timely and accurate fund administration services to our clients. This role will report to Senior Account Manager 

Responsibilities: 

• Assist Senior Manager and/or Manager to lead a team in Malta office and oversee the work done by overseas outsourcing offices 

• Provide client relationship management (CRM) 

• Ensure that necessary controls are in place and adhered to in order to provide complete, accurate and timely fund administration services to our clients 

• Ensure all deliverables to our clients are met as per service level agreement 

• Assist in pre-launch phase of new client fund vehicles; launching of new fund and review operational procedure 

• Review net asset value calculation for the fund on a monthly, weekly or daily basis as per engagement requirements 

• Review financial statements and liaise with auditors to ensure timely completion of audits 

• Monitor accuracy of fund expenses (management fee, performance fee etc.) 

• Review portfolio of investment position and ensure independent pricing 

• Knowledge of financial products 

• Communicate with transfer agency team to ensure subscription and redemption activity is processed in a timely manner 

• Mentor FAs and SFAs and train new joiners 

Skills Required: 

• University degree in Accounting, Finance or a related discipline 

• At least 2 years experience in a similar role incorporating the above functions 

• Knowledge of Paxus will be considered as an asset 

• An ability to work to and meet agreed deadlines 

• Excellent interpersonal and written communications skills 

• Experience in reviewing and preparing financial statements 

• A team player who is able to manage individual responsibilities 

What you will get in return: 

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

• Working with a strong and dynamic team 

• Training and development opportunities. 

• Exposure to all aspects of the business, cross-jurisdiction and to working with senior management directly. 

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 visit https://theapexgroup.com/csr-policy/ 

If you are looking to take that next step in your career and are ready to work for a high performing organisation, alongside talented people who take pride in delivering great results, please submit your application (with your CV, cover letter and salary’s expectations) to our dedicated email address: [email protected] 

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.