Risk Officer

Company Overview

Founded in Bermuda in 2003, Apex Group Ltd has grown into one of the largest global providers of fund administration and middle office solutions. With a worldwide presence encompassing approximately 13,000 staff members across 112 offices, Apex integrates global reach with localized service, delivering cross-jurisdictional expertise for its clients.

Role Purpose

The Risk Officer will be accountable for designing, executing, and overseeing the risk management framework tailored to Apex's clients. Serving as a vital second line of defense, the role ensures that operational, regulatory, technological, cyber, conduct, and third-party risks are effectively recognized, controlled, and communicated.

Key Responsibilities

• Formulate and continuously update the Enterprise Risk Management framework, including the Risk Appetite Statement and Key Risk Indicators for Apex’s clients.
• Manage and revise risk-related policies, procedural documents, and governance materials.
• Maintain the comprehensive Risk Register encompassing operational, regulatory, conduct, technology, and third-party risk categories.
• Lead risk oversight activities, including detailed portfolio analyses.
• Deliver risk reports and insights to senior leadership, board members, and committees.
• Evaluate risks associated with new products, digital assets, IT infrastructure, and cybersecurity for Apex Clients.
• Oversee third-party and outsourcing risk management processes, including due diligence and ongoing monitoring.
• Manage incident responses, root cause analyses, and implement control enhancements.
• Collaborate closely with Compliance and MLRO teams to ensure alignment with regulatory and anti-financial crime responsibilities.
• Assist with regulatory communications and maintain regulator-ready risk documentation.

Candidate Requirements

• Proven experience handling risk management in alternative asset management sectors.
• Familiarity with CAT 3C regulated entities.
• Knowledge of ADGM/FSRA regulations and established professional relationships within these authorities.
• Between 5 to 10 years of experience in risk management roles within financial services.
• Strong competence in managing operational, conduct, regulatory risks, and governance frameworks.
• Experience in regulated environments especially within ADGM/FSRA and DIFC jurisdictions is highly desirable.
• Educational background in Finance or relevant Professional certifications such as FRM, PRM, or CFA preferred.

Key Competencies

• Ability to work independently with a constructive approach to challenging decisions.
• High levels of integrity and ethical standards.
• Effective communicator comfortable presenting to boards and senior management.
• Sound knowledge of risk management frameworks, controls, and compliance with regulatory expectations.

Additional Information

Apex Group operates a direct sourcing recruitment model. Applications or curricula vitae sent unsolicited by external recruitment agencies will not be considered or acknowledged. Engagement with recruitment partners will be managed exclusively by Apex’s Talent Acquisition team as appropriate.