Career Opportunities
Clearing Operations Specialist, APAC (Fresh Graduate)
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
To manage and control all aspects of the operational Functions for the SGX & Mainland China exchanges clearing activity and provide assistance to Singapore control and support areas in relation to regional activities.
All employees are expected to understand and comply with any Sarbanes Oxley operational requirements relevant to their role
Overall Responsibilities
- Ensuring all top day trades are allocated, cleared & accepted in a timely & efficient manner
- Configuration & maintenance of back office clearing static data
- Managing top day trade activity to reduce exchange intraday margin calls
- Perform daily trade and position reconciliations and maintaining accurate exchange open interest
- Monitoring and issuing clients with T+1 margin calls
- Reporting margin call status to management
- Establishing and maintaining contact with clients for control of margin payments
- Monitoring and reporting operational risks associated with the margin call processes
- Monitoring daily regulatory reporting submissions to exchange & regulators, inclusive of the China Futures Markets Monitoring Centre (CFMMC)
- Ensuring SOX compliance on daily & monthly control processes
- Assisting Treasury with exchange margin call payments
- Establishing and maintaining contact with internal departments including: IT, Credit & Risk, Clearing, Deliveries, Finance, Treasury and Compliance
- Working closely with IT & Trade Support groups, advising of system issues on a daily basis
- Assisting with mandatory exchange upgrades in association with software vendors & internal systems
- Efficient email management, including both personal & group mailboxes
- The Company may require you to carry out other duties from time to time
Standard Responsibilities
- Ensuring compliance with the company’s regulatory requirements under the 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.
- At all times complying with 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.
Competencies, Skills and Experience
Competencies
- Minimum Bachelor Degree in Commerce/Business
- Work effectively under pressure in a busy environment
- Good communication skills within team & other business areas
- Punctual, Enthusiastic, Flexible, Helpful and Disciplined
Skills and Experience
- Ability to work independently and within a team
- Fresh graduate with relevant product knowledge are most welcome to apply