At a Glance
- Tasks: Support the Structured Product business with operational tasks and ensure compliance with regulations.
- Company: Join Marex Solutions, a dynamic and innovative financial services firm.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Flexible working environment with a commitment to diversity and inclusion.
- Why this job: Be part of a fast-paced team making a real impact in the finance industry.
- Qualifications: 1-2 years experience in trade management; strong communication and problem-solving skills.
The predicted salary is between 35000 - 45000 £ per year.
To provide front to back operational support to the Structured Product business and its customers. The operational support staff must maintain an operating model flexible enough to adapt to innovation in the business, yet scalable enough to sustain a rigorous controls environment.
Responsibilities
- A key member of the operations team providing comprehensive support to Hedging Solutions front office.
- Report and escape issues timely to the Head of the team as well as relevant senior management of the Desk.
- Reconciling trade positions and cash flows, managing trade lifecycles, sending trade confirmations and client statements, dealing with margin calls, paying brokerage and settlements, as well as making sure all relevant trades are reported correctly to meet MiFID, EMIR and Dodd-Frank regulatory frameworks.
- Contributing to the establishment of new controls, enhancement and automation of existing reconciliation tools and processes.
- Work closely and partner with Finance, Treasury, Risk, Audit and Compliance departments.
- Maintain detailed operating procedures for the team and train new joiners to ensure business continuity and minimise staff risk.
- 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.
- 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 elevate risk events immediately.
- To provide input to risk management processes, as required.
Excellent verbal and written communication skills. A collaborative team player, approachable, self-efficient and influences a positive work environment. 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
- Approximately 1-2 years post-graduate experience in a similar middle office/trade management role focused on equity/commodities derivatives or structured note issuance.
- Adept across the MS Office suite. The ability to write macros/VBA and python is highly desirable. If not, willing to learn on the job and adapt quickly.
- Keen to work in a rapidly evolving and growing organisation and make your mark, highly committed.
- A comprehensive understanding of both the structured products and the underlying Futures and Options is critical.
- Ability to juggle multiple projects and tasks with superb accuracy.
- Problem solving abilities.
- Excellent communication skills and able to build effective working relationships.
- Ability to work independently and as part of a team.
- Enthusiastic team player: – Respects and values the opinions of others. Communicates well and assists others by sharing knowledge and experience.
- Ability to work effectively under pressure in a busy environment and to be flexible and adaptable in approach.
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Conduct Rules
- 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.
* candidates outside the indicated experience range will still be considered. Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
Structured Products Operations - Analyst/Associate (VN2744) in London employer: Marex Group
Marex Solutions is an exceptional employer located in London, offering a dynamic work environment that fosters innovation and collaboration within the Structured Products Operations team. Employees benefit from comprehensive training, opportunities for professional growth, and a commitment to maintaining a diverse and inclusive workplace culture. With a focus on operational excellence and adherence to regulatory standards, Marex empowers its staff to thrive in a fast-paced setting while building meaningful relationships across departments.
StudySmarter Expert Advice🤫
We think this is how you could land Structured Products Operations - Analyst/Associate (VN2744) in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Marex Solutions and understanding their operations. Be ready to discuss how your skills align with their needs, especially in structured products and operational support.
✨Tip Number 3
Showcase your problem-solving skills during interviews. Share examples of how you've tackled challenges in previous roles, especially in fast-paced environments. This will demonstrate your resilience and adaptability.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our team at Marex.
We think you need these skills to ace Structured Products Operations - Analyst/Associate (VN2744) in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Structured Products Operations role. Highlight relevant experience, especially in middle office or trade management roles, and showcase your skills in managing trade lifecycles and compliance with regulations.
Craft a Compelling Cover Letter:Your cover letter should reflect your enthusiasm for the role and the company. Use it to explain why you're a great fit for the team and how your background aligns with the responsibilities outlined in the job description.
Showcase Your Skills:Don’t forget to mention your proficiency in MS Office and any programming skills like VBA or Python. If you’re willing to learn, let us know! We love candidates who are eager to grow and adapt.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
How to prepare for a job interview at Marex Group
✨Know Your Structured Products
Make sure you have a solid understanding of structured products and the underlying futures and options. Brush up on key concepts and be ready to discuss how they relate to the role. This will show your enthusiasm and commitment to the field.
✨Demonstrate Your Problem-Solving Skills
Prepare examples from your past experience where you've successfully tackled challenges, especially in a fast-paced environment. Highlight your ability to juggle multiple tasks while maintaining accuracy, as this is crucial for the role.
✨Showcase Your Communication Skills
Since excellent verbal and written communication skills are essential, practice articulating your thoughts clearly. Be prepared to discuss how you've built relationships and collaborated with teams in previous roles, as this will resonate well with the interviewers.
✨Familiarise Yourself with Regulatory Frameworks
Understand the MiFID, EMIR, and Dodd-Frank regulations, as well as the importance of compliance in the role. Being able to discuss these frameworks will demonstrate your readiness to adhere to operational risk standards and contribute to the team's success.