Career Opportunities

Operations Exchange Fees Analyst

London, GB Full-Time Operations

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 www.marex,com

The Operations Derivatives Exchange Fees Department sits within the operations function, with its focus being on the ION FEES Direct Platform and associated static data management. Additionally, the department is responsible for the firm’s daily Exchange/Carry Broker fee reconciliation processes. Maintaining robust procedures and controls.

Role Summary

To support and maintain Operational systems and controls associated with Marex’s derivatives exchange fees management and exchange reconciliation processes.

Responsibilities

  • Fees static data management (ION – Fees Direct Platform, CME EFS, etc)
  • Exchange & Carry Broker fee reconciliations.
  • Work with the 3rd
    Party service providers & control area to enhance and improve current Fees Controls/Reconciliation processes.
  • Support/Maintain back-office systems, (ION Fees Direct “FD”) Working closely with the vendor, aiding the business in resolving adhoc operational issues and providing effective solutions.
  • Support/maintain general Exchange and Carry Broker static data and enrichment information across platforms utilised by Operations.
  • Ensure written procedures are in place and up to date for daily/monthly departmental tasks.
  • Efficient email management, including both personal & group mailboxes.
  • 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.
  • At all times complying with the FCA’s Code of Conduct and Marex’s Code of Conduct
  • 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.

Skills and Experience

  • Ability to work effectively under pressure in a busy environment
  • Good communication skills within team & other business areas
  • Good analytical skills to review data, identify trends, and develop effective solutions.
  • Punctual & enthusiastic
  • Flexible & accustomed to constant changing responsibilities
  • Following a strict & disciplined regime, offering assistance to all employees
  • Demonstrates enhanced understanding of Futures & Options industry in areas including; Reconciliations, Position Maintenance and static data
  • Knowledge of ION XTP Back Office system and Fees Direct
  • Problem solving skills; ability to resolve issues in a timely & efficient manner
  • MS Office experience
  • Able to work on own initiative & be part of a team
  • Attention to detail
  • Ability to develop and enhance systems and processes to improve efficiency
  • Prior knowledge/experiences with Python, SQL or C#

Competencies

  • Excellent verbal and written communication skills
  • A collaborative team player, approachable, self-efficient and influences a positive work environment
  • Demonstrates curiosity
  • Resilient in a challenging, fast-paced environment
  • Ability to take a high level of responsibility in a fast pace and high-volume environment
  • Excels at building relationships, networking and influencing others
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Conduct Rules

You must:

  • Act with integrity
  • Act with due skill, care and diligence
  • Be open and cooperative with the FCA, the PRA and other regulators
  • Pay due regard to the interests of customers and treat them fairly
  • Observe proper standard of market conduct
  • Act to deliver good outcomes for retail customers

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 the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

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