Capital Markets COO - Junior Business Manager

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.

Role Summary

Capital Markets is a division of Marex offering an array of products and services to clients as well as to internal trading desks. This role is interest rate specific and will be supporting the COO team to establish the frameworks and controls around the Interest Rates business within Capital Markets. To drive improvement within existing and new processes and documentation. You will need experience of Swaps and Fixed Income (bond) products, gained either in an operational role or in a junior business management role. You will play a key role in building the operational infrastructure to support the sustainable growth of this business. You will be a key support for any change and new business initiatives delivered by Senior Business Managers and as such help build the delivery plans and targets, enabling the effective and controlled growth and integrating expansion opportunities when they arise. As a liaison between the Capital Markets business and Control & Support functions of the wider group, you will be a key contact and go-to person.

Description of Department

Marex has unique access across markets with significant share globally both on and off exchange. The depth of knowledge amongst its teams and divisions provides its customers with clear advantage, and its technology-led service provides access to all major exchanges, order-flow management via screen, voice and DMA, plus award-winning data, insights and analytics. Capital Markets is Marex’s largest division, serving a wide range of clients with ever-increasing product scope and coverage. The Capital Markets division provides liquidity and hedging solutions in equities, credit, financing, FX and rates, and our execution platform encompasses electronic orders via most global trading venues, direct access to exchanges where required, intelligent arbitrage and risk minimisation across a broad range of liquidity pools.

Responsibilities

• Support the delivery of new business initiatives, aided by Senior Business Managers in the team, following and improving the groups change process.
• Demonstrate the ability to challenge new business initiatives to ensure they are aligned with business strategy and sensible from a cost/benefit aspect.
• Offer support to all senior business managers and members of the COO team.
• Deliver effective communication with key stakeholders.
• Responsible for establishing Project plans, identifying scope.
• Develop expertise in a specific business area/asset class to become a designated Business Manager for desks across the division.
• Creating, reviewing and improving existing MI and KPIs to effectively monitor and steer the business.
• Creating transparency around costs and budgets and driving efficiencies and cost reductions and proactively trying to rationalise costs where possible.
• Offer insight to the Capital Markets cost base and budget, including initiating and implementing measures to control and reduce them in a sustainable manner.
• Driving change for the Capital Markets division by establishing new processes, reviewing existing ones and identifying enhancements.
• Supporting the assessment of existing platforms and delivering the IT strategy for the Capital Markets division.

Furthermore, you are expected to:

• Ensure compliance with the company’s regulatory requirements.
• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• Be a role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values.
• At all times comply with the FCA’s Code of Conduct.
• 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.
• Report any breaches of policy to Compliance and/or your supervisor as required.
• Escalate risk events immediately.
• Provide input to risk management processes, as required.

The Company may require you to carry out other duties from time to time.

Competencies, Skills and Experience

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.
• Excels at building relationships, networking and influencing others.
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.

Skills and Experience:

• Experience of Swaps and Fixed Income (bond) products is essential – this may have been gained either in an operational role or in a junior business management role.
• Good knowledge and understanding of Marex product offerings.
• Strong basis and understanding of Capital Markets processes and products.
• Can independently identify and solve problems.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

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

• Be collaborative - by working together across the organisation, we foster teamwork, can better respond to challenges and successfully deliver for our clients.
• Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders.
• Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients.
• Be respectful – how we treat each other, and our clients says everything about who we are.
• Nurture talent – we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career.

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. If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.