Senior Surveillance Compliance Officer

About Marex

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. The Group provides comprehensive breadth and depth of coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. 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. Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America. 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.

Role Summary

We are looking for a Senior Surveillance Compliance officer to join the team in London. The role focusses on Surveillance (Trade and Comms) across a range of asset classes (Commodities, Listed Derivatives, Solutions / Structured products, FX, Prime Services…); with an opportunity to gain exposure to a wider range of compliance activities at a market-leading commodity broking company. The successful candidate will act as deputy to the Head of Surveillance and will help develop the function as Marex continues to evolve.

Role Responsibilities

• Contribute to the development of the Surveillance framework, to incorporate the evolution of Marex.
• Deputising for the Head of Surveillance.
• Escalating any suspicious activity findings to management and reporting to regulators.
• Participating in thematic reviews and the annual MARA process, factoring these findings into enhancing the control framework.
• Enhance the MI framework, to reach a wider audience of senior managers.
• Participating in exchange / regulatory enquires from a surveillance perspective.
• Supervising communications / trading activity, using industry recognised solutions (SMARTS / Global Relay…..).
• Ensuring compliance with the company’s regulatory requirements under the FCA, NFA, AMF, AFM, MAS and any other relevant regulatory body.
• 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

• 10+ years transferable skills gained in a similar role / organisation.
• Strong team player / leader, experience of dealing with a variety of stakeholders.
• Strong knowledge of Global Relay, SMARTS Broker or similar surveillance tools is essential.
• Knowledge of project management and managing a program would be beneficial.
• Educated to degree level in a related subject would be beneficial, but not essential.
• Excellent verbal and written communication skills.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
• A collaborative team player, approachable, self-efficient and influences a positive work environment.
• 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.

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