Assistant Manager, Middle Office

Job summary

The Assistant Manager will execute accurate trade capture and settlement activities across various financial products while liaising with internal and external stakeholders. They are also responsible for performing reconciliations, providing cash projections, and ensuring adherence to financial controls and risk reporting standards.

Job details

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 Job Description Key Responsibilities Execute trade capture activities accurately and in a timely manner across fixed income, FX, money market, and futures products. Support automated trade processing on a high-volume OTC bond desk. Ensure timely and accurate settlement of trades, including booking, instruction, and coordination of securities and cash movements. Liaise daily with portfolio managers, counterparties, prime brokers, custodians, administrators, and internal teams to resolve trade capture and settlement issues. Investigate and follow up on trade discrepancies, failed trades, and unmatched instructions, ensuring prompt resolution. Monitor same-day and high-value trades with heightened focus on accuracy and prioritization. Perform day-start and day-end reconciliations and support month-end close processes. Provide daily and forward-looking cash projections to portfolio managers and traders. Assist with daily risk reporting, end-of-day reporting, and performance attribution. Maintain strong understanding of fund portfolios, allocations, and trading strategies. Front Office & Stakeholder Support Act as the primary point of contact for Front Office for all trading and settlement-related queries. Provide trade support and operational guidance to global trading desks. Share open orders, corporate action updates, and portfolio insights with stakeholders. Maintain strong relationships with portfolio managers, traders, brokers, and custodians. Control, Risk & Reporting Ensure adherence to financial controls, policies, and procedures; proactively identify process improvement opportunities. Independently validate transactions to protect investor interests and challenge deviations where required. Track and analyze failed trades and error trends across counterparties and custodians. Prepare Front Office statistics, broker metrics, and participate in broker and service review meetings. Support monthly and quarterly client reporting with high accuracy. Additionally any other Adhoc request that may be required by Client or Apex management. Skills & Qualifications Bachelor’s degree in Finance, Economics, or related field; advanced degree or CFA preferred. 4+ years of experience in middle office / operations or trade support within a financial institution, Strong understanding of equity, fixed income and derivative products, trade lifecycle, and risk management principles. Excellent leadership, communication, and stakeholder management skills. 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 $100,000.00 – CAD $120,000.00 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. #LI-JS1 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.

What you’ll do

The Assistant Manager will execute accurate trade capture and settlement activities across various financial products while liaising with internal and external stakeholders. They are also responsible for performing reconciliations, providing cash projections, and ensuring adherence to financial controls and risk reporting standards.

Requirements

Candidates must hold a Bachelor’s degree in Finance, Economics, or a related field, with an advanced degree or CFA preferred. A minimum of 4 years of experience in middle office, operations, or trade support within a financial institution is required.

Benefits

• Discretionary yearly bonus

Listed skills

• Leadership · Preferred
• Communication · Preferred

Other relevant skills

Identified from the job description. Confirm important requirements above.

• Trade capture
• Fixed income
• FX
• Money market
• Futures
• OTC bond desk
• Trade settlement
• Reconciliation
• Cash projections
• Risk reporting
• Performance attribution
• Stakeholder management
• Financial controls
• Trade lifecycle
• Leadership
• Communication
• Trade Lifecycle
• Financial Controls
• Middle Office
• Money Market
• Month-End Closing
• Salesforce Apex
• Strong Work Ethic
• Financial Institution
• Management
• Chartered Financial Analyst
• Risk Control
• Economics
• Finance
• Equities
• Settlement
• Fixed Income
• Front Office
• Fund Administration
• Futures Exchange
• Risk Management
• Operations
• Performance Attribution
• Portfolio Management
• Service Review
• Stakeholder Management
• Statistics
• Trading Strategy
• Securities (Finance)
• Process Improvement
• Derivatives
• Coordinating
• Prioritization

Job areas

• Finance & Accounting
• Management & Leadership
• Administrative
• Middle Office Manager
• Investment / Portfolio Analyst
• Financial Analysts
• Financial and Investment Analysts