AML & Compliance, SVP

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.

Description:

The Senior Manager, AML & Compliance is responsible for leading the firm’s anti-money laundering, financial crime, and regulatory compliance program across its fund administration business. This role oversees AML operations, ensures adherence to global and local regulatory requirements, and partners closely with client service, fund accounting, investor services, and senior leadership to maintain a strong control environment.

The ideal candidate brings deep expertise in AML frameworks for alternative investment funds, strong leadership capabilities, and the ability to operate in a fast-paced, highly regulated environment.

Job Specification:

AML Program Leadership

• Lead the design, execution, and continuous enhancement of the AML and financial crime program for the fund administration business.
• Oversee investor onboarding (KYC/AML), periodic reviews, transaction monitoring, sanctions screening, and enhanced due diligence processes.
• Ensure AML policies, procedures, and controls align with regulatory expectations and industry best practices.

Regulatory Compliance & Governance

• Interpret and implement regulatory requirements across relevant jurisdictions (e.g., EU AMLD, CBI, FCA, Cayman CIMA, SEC).
• Prepare for and manage regulatory inspections, audits, and client due-diligence reviews.
• Maintain compliance documentation, risk assessments, and governance reporting for senior management and boards.

Operational Oversight

• Partner with Investor Services, Fund Accounting, and Client Service teams to ensure AML and compliance requirements are embedded in operational workflows.
• Oversee escalations related to suspicious activity, investor risk ratings, and complex onboarding cases.
• Ensure timely filing of SARs/STRs and other regulatory submissions where required.

Team Leadership & Development

• Manage and mentor a team of AML and compliance professionals, ensuring high performance, engagement, and technical development.
• Establish clear roles, responsibilities, and KPIs to support operational excellence.
• Foster a culture of compliance, accountability, and continuous improvement.

Client & Stakeholder Engagement

• Act as a senior point of contact for clients on AML and compliance matters.
• Support new business onboarding, RFP responses, and client AML framework assessments.
• Collaborate with global compliance, legal, and risk teams to ensure alignment across jurisdictions.

Skills Required:

• 7–10+ years of AML, compliance, or financial crime experience within fund administration, asset management, or financial services.
• Strong knowledge of AML regulations applicable to alternative investment funds (hedge, private equity, real assets).
• Experience managing AML/KYC teams and complex investor onboarding processes.
• Demonstrated ability to interact with regulators, auditors, and senior executives.
• Professional certifications such as CAMS, ICA, or equivalent preferred. Experience with multi-jurisdictional fund structures and cross-border regulatory regimes.
• Familiarity with AML technology platforms, workflow tools, and data analytics.
• Strong project management skills and experience driving process improvements.

Additional Info:

We pride ourselves in our commitment to fostering a connected and inclusive culture, all our opportunities at Apex have four (4) days in office requirement.

Salary ranges from CAD $150,000.00 – CAD $180,000.00 plus additional discretionary yearly bonus based on corporate and individual's performance. Compensation within this range is dependent on individual's skills, experience and qualifications.

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.