Overseas Fund Regime Oversight Manager
Overseas Fund Regime Oversight Manager
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Salary Not Disclosed
1 Vacancy
Job Description
The Apex Group was established in Bermuda in 2003 and is now one of the worlds largest fund administration and middle office solutions providers.
Our business is unique in its ability to reach globally service locally and provide crossjurisdictional services. With our clients at the heart of everything we do our hardworking team has successfully delivered on an unprecedented growth and transformation journey and we are now represented by over circa 13000 employees across 112 offices career with us should reflect your energy and passion.
Thats 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 well 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 industrychanging realities.
For our business for clients and for you
Purpose of the Role:
You will manage and deliver an effective Overseas Fund Regime (OFR) Oversight programme for Apex FundRock Ltd and FundRock Partners Ltd (together Apex FundRock) OFR service to meet its regulatory and contractual obligations. The OFR Oversight Manager is responsible for ensuring that overseas investment funds comply with applicable regulatory frameworks including UK EU and other relevant jurisdictions fund marketing and distribution rules. This role involves monitoring regulatory developments ensuring adherence to the Overseas Funds Regime (OFR) and collaborating with internal teams external clients and regulatory bodies where required.
Key Responsibilities
Regulatory Compliance & Oversight:
- Ensure overseas funds comply with the UK Overseas Funds Regime (OFR) and other relevant crossborder fund regulations.
- Monitor interpret and implement regulatory updates affecting the registration marketing and distribution of overseas funds.
- Develop and maintain oversight policies and procedures related to OFR and other relevant regulatory frameworks.
- Conduct compliance reviews and risk assessments to ensure continued adherence to regulatory obligations.
- Provide constructive and accurate feedback following review of documentation ensuring that required amendments are made.
Fund Registration & Distribution Support:
- Manage fund registration and ongoing regulatory reporting obligations under the OFR and similar international regimes.
- Liaise with local regulators legal advisors and fund administrators to ensure smooth approvals and compliance.
- Oversee the preparation and submission of regulatory filings and documentation for fund registrations.
- Ensure marketing materials and investor disclosures comply with applicable regulations.
Stakeholder Collaboration & Advisory:
- Act as the subject matter expert for overseas fund regulations advising internal and external stakeholders including clients legal and marketing distribution and product teams.
- Provide training to internal stakeholders on regulatory requirements related to overseas funds.
- Engage with regulators industry associations and compliance networks to stay informed of regulatory developments.
Monitoring & Reporting:
- Establish and maintain oversight monitoring frameworks for overseas funds.
- Conduct periodic compliance audits and assessments.
- Prepare regulatory reports for senior management and regulatory authorities as required.
- Investigate and resolve compliance breaches implementing corrective actions where necessary.
Key Requirements:
Qualifications & Experience:
- Bachelors degree in law finance business or a related field.
- Relevant professional qualifications (e.g. CISI ICA CFA or legal background) preferred.
- Minimum 5 years of experience in regulatory compliance within asset management fund administration or financial services.
- Strong understanding of the UK Overseas Funds Regime AIFMD UCITS and crossborder fund distribution regulations.
- Experience liaising with regulatory authorities such as the FCA CSSF ESMA and other international bodies.
Skills & Competencies:
- Strong knowledge of fund registration marketing compliance and regulatory reporting requirements.
- Excellent analytical problemsolving and attentiontodetail skills.
- Ability to interpret and apply complex regulatory requirements practically.
- Strong communication skills with the ability to engage with internal and external stakeholders.
- Attention to detail with the ability to apply compliance knowledge in the assessment of accuracy and suitability of documentation.
- Ability to work independently and manage multiple priorities.
- Experience of taking the initiative to solve problems and also of working as a team to meet common objectives.
- Selfmotivated and able to work without close supervision.
- Good communication skills
- Ability to assimilate issues and recommend appropriate corrective action.
- Ability to raise and communicate complex issues accurately and succinctly to staff at all levels.
Preferred Experience:
- Experience with regulatory change projects related to fund distribution.
- Knowledge of compliance technology and regulatory reporting systems.
- Exposure to fund governance and risk management frameworks
Additional Role Details
The aim of the job description is to indicate the general purpose and level of responsibility of the role. Please be aware that duties may vary from time to time without changing their character or general level of responsibility. Duties may be subject to periodic review by Senior Management (in consultation with the employee) to reflect the changing needs of the company.
The above list of duties is not exclusive or exhaustive and the employee will be required to undertake such tasks as may reasonably be expected and at the discretion of the company.
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.
Required Experience:
Manager
Employment Type
Full-Time
