Career Opportunities

Operations Officer - VN2520

Abu Dhabi, AE Full-Time Marex AD

About Marex

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets. The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. The group provides access to the world’s major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers. With more than 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

For more information visit https://www.marex.com/

Role Summary

The role will be responsible for all aspects of daily operations and reconciliations and shall involve daily communication with Marex’s counterparties and banks. The role will report to Head of Operations and shall be also responsible for the continued development of Marex’s current policies and procedures in line with industry changes. The role shall include:

Responsibilities

  • Reconciliation of daily volumes traded, using a wide variety of tools and services, any report any issues, or potential issues to management.
  • Continue development of current systems and procedures for monitoring the trading activities of Marex’s clients and to escalate any appropriate issues.
  • Reconciling T+1 cleared business between Exchanges, Third Party brokers/counterparties and internal booking systems.
  • To perform daily exchange fee reconciliation across all markets to ensure Marex and underlying clients are charged at correct rates.
  • Performing Start of Day position check to ensure front end platforms match statements generated from internal booking system.
  • Rectifying T+1 breaks on any exchanges and/or with brokers/counterparties.
  • Such other assistance as may be required by the Directors, exchanges and/or Counterparties.
  • Daily large trade position reporting to SGX and CME/CFTC – above thresholds

Standard Company Responsibilities

  • Ensuring compliance with the company’s regulatory requirements under all regionally relevant regulatory bodies
  • Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with
  • Role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values
  • To ensure that you are fully aware of and adhere to internal policies that relate to you, your role or any other activities for which you have any level of responsibility
  • To report any breaches of policy to Compliance and/ or your supervisor as required
  • To escalate risk events immediately
  • To provide input to risk management processes, as required

Competencies, Skills and Experience

Skills and Experience

  • Knowledge of financial services products and markets generally and preferably those relevant to Marex’s business and that of its customers (e.g. exchange traded futures and options, foreign exchange and cash related products)
  • Knowledge of regulatory environment and trading venues
  • Maintains key contacts with counterparties, banks and exchanges, where appropriate
  • Ensures problems and issues are addressed and resolved in a timely and effective manner.
  • Represents Marex in an appropriate manner which enhances business and professional Relationships.
  • Sharp analytical skills and an enquiring mind. 
  • Strong interpersonal skills and ‘team player’ approach
  • Enthusiastic, methodical, and diligent
  • Bachelors or diploma in Finance / Economics.

Competencies:

  • High level of integrity and dependability with a strong sense of urgency and results-orientation.
  • A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
  • Demonstrates curiosity.
  • Ability to take a high level of responsibility.
  • Resilient in a challenging, fast-paced environment.

Conduct Rules

You must:

  • Act with integrity
  • Act with due skill, care and diligence
  • Understand and commit to complying with all applicable Federal and ADGM related AML/TF/Sanctions laws, at all time
  • Be open and cooperative with law enforcement and / or regulatory authorities on any investigations
  • Pay due regard to the interests of customers/counterparties and treat them fairly
  • Observe proper standard of market conduct

Company Values

Acting as a role model for the values of the Company:

Respect – Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity
– Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.

Collaborative
– We work in teams – open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.

Developing our People
– Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.

Adaptable and Nimble
– Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company.  We welcome applications from candidates returning to the workforce.  Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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