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
About FundRock Management Company (Ireland) Limited
FundRock Ireland is a third party UCITS Fund Management Company & Alternative Investment Fund Manager authorised and regulated by the Central Bank of Ireland with assets under management of approx. €100 Billion. The FundRock group has a long history providing services to UCITS and Alternative investment fund.
Our clients’ funds range from under €100m AUM to over €10bn with a diverse set of strategies and investment security types.
FundRock’s objective is to protect shareholders' interests by helping clients to comply with their regulatory requirements. We pride ourselves on delivering first-class client service through a motivated team. Our Irish operations consist of approximately 70 people from fund administration, investment management, legal, compliance and risk backgrounds.
The Opportunity
We have an exciting opportunity to join an Irish third party Super ManCo (UCITS & AIF). The candidate will be required to act as the appointed MLRO for a number of Irish domiciled collective investment schemes, UCITS management companies and AIFMs in addition to the provision of AML regulatory guidance and support. The role requires the input of an enthusiastic individual to lead a dedicated MLRO services team. The role incorporates a requirement for day to day support in addition to ongoing development of guidance and solutions.
The Position
- Act as the appointed MLRO to a number of collective investment schemes, management companies, schedule 2 firms;
- Manage a portfolio of MLRO client relationships with assistance as required from the FundRock Team;
- Manage Client, Service Provider and Board relationships which range from appropriate contacts within client firms to operational staff and senior management of service providers and ultimately to the Board;
- Manage discrete MLRO appointment reporting requirements including but not limited to the following;
- Appointment as Money Laundering Reporting Officer to fund structures. This involves the appointment to Controlled Function positions on behalf of client structures as required under the Central Bank Fitness & Probity Regime;
- Ongoing oversight of service providers and review of monthly reporting on behalf of Boards;
- Attending and reporting to Boards at quarterly meetings and interaction with Boards/Investment manager/Administrators in the interim periods;
- Preparation, maintenance and update of AML Policies and associated documents, policies and procedures;
- Resolution of AML issues on behalf of clients including escalation and co-ordination with Boards and regulatory authorities where necessary;
- Preparation, provision and implementation of solutions to cater for the impact of new and updated regulations;
- Investigation and reporting of suspicious activity, restrictive measures and/or fraud attempts;
- Making recommendations to the Board based on findings/observations in relation to AML/CFT compliance;
- Carrying out monitoring of outsourced activities to ensure firms are in compliance with AML/CFT legislation and regulations;
- Co-ordination of regulatory inspections on behalf of clients;
- Co-ordination of onsite inspections to the Administrator on behalf of the Board;
- Completion of annual and/or on-going AML training to Board;
- Ad hoc projects as required;
- Reviewing AML/CFT regulations and advising the Firm on their obligations;
- Presentation of FundRock MLRO offering to potential new clients.
The Individual
- The person should be driven and focused, able to work both on their own and contribute effectively to the team;
- Extensive knowledge of the AML environment and a high degree of awareness of the Irish regulatory environment in the area of AML/CFT;
- Compliance experience and knowledge of the Transfer Agency/Registration is advantageous but not essential;
- Ability to work to manage individual work load/client allocation/responsible for a portfolio of clients and manage deadlines;
- Excellent client management skills essential. The person should be comfortable in dealing with clients at the highest level of their organisations;
- The person should be able to meet the challenges of providing high level practical solutions to demanding client requirements in what can be a time-pressured environment;
- Qualification – Professional Diploma in Compliance/ ACAMS qualification or relevant AML programme desirable.
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.
