Clearing Strategy & Finance Director in London

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 3,000 employees across Europe, Asia and the Americas.

• For more information visit https://www. marex. com/
• Vacancy Number: VN3153
• Department description

Marex Group plc a Nasdaq listed diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets.

Marex provides access to exchanges globally and provides 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, serving clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

Role Summary

The Clearing Strategy and Finance Director is responsible for supporting the Head of Clearing to ensure the business is run in a sustainable and scalable fashion:

• Developing and constantly evolving MI to ensure effective management
• Monitoring division performance, and establishing metrics for appropriate performance tracking
• Liaising with the finance team to understand, challenge and monitor financial reporting
• Provide timely MI for the business
• Highlighting underperforming departments and / or customers within clearing and making appropriate recommendations to improve performance
• Helping to design, implement and track the organic and inorganic strategy of the business, including acquisitions.
• Assisting the clearing team to identify areas to drive revenue and risk adjusted profit growth
• Working with key stakeholders across the Clearing business to deliver commercial excellence
• Working closely with Clearing COO and assist to ensure efficient delivery of key projects as well as ongoing financial tracking
• Representing the business to senior internal and external stakeholder to ensure transparent communication and effective representation
• Provide communication materials for townhall, investor relations, board packs or other external constituents
• Carrying communication at the highest standard of integrity and respect within the firm

Responsibilities

Role specific

• Collaborate with the Group Head of Clearing and the relevant clearing business heads to drive organizational vision and strategy
• Identify and support execution of organic growth opportunities
• Work closely with Group Strategy team on screening and execution of potential inorganic growth opportunities
• Develop and evolve annual budgets and 3-year plans for each department within clearing with input from key stakeholders and support the business to reach its revenue and profit targets
• Design, implement and deliver monthly, daily, weekly financial and operational management information to effectively monitor and steer the business, designing KPIs to help ensure the business remains on track with its long-term targets
• Refine client data reporting to support commercial teams with cross selling initiatives, improving client profitability, as well as targeting and onboarding new clients where needed
• Responsible for ensuring cost discipline across the business, reviewing and managing direct and allocated costs on a regular basis, identifying actions to manage costs on a sustainable basis
• Facilitate direction of Support and Control resources in accordance with business priorities
• Develop strong relationships across the businesses and support areas to improve the interaction between Clearing and other parts of the Group
• Work closely with Group functions, including finance, treasury, IT and operations to ensure appropriate support for the business and the interests of Clearing business are appropriately prioritised
• Represent the business to senior internal and external stakeholder to ensure transparent communication and effective representation
• Be a role model for demonstrating highest level standards of integrity and conduct and reflecting Company Values
• Ensuring compliance with the company’s regulatory requirements under the FCA
• Adhere to the operational risk framework for your role ensuring that all regulatory or company determined parameters are complied with.
• 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 escalate risk events immediately

All staff

• Ensuring compliance with the company’s regulatory requirements under the FCA, NFA, AMF, AFM, MAS.
• 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 escalate risk events immediately
• To provide input to risk management processes, as required.

Competencies, Skills, Experience & Qualifications

Skills and Experience

• Experience in financial analysis and accounting
• Excellent commercial insight and understanding combined with exceptional negotiating skills
• Very good Interpersonal skills
• Excellent problem solving skills
• Ability to work pro-actively within a team as well as individually
• Excellent verbal and written communication skills at all levels of seniority
• Comprehensive knowledge of the financial service markets and relevant financial and regulatory requirements
• Critical Leadership Capabilities
• A collaborative team player, approachable, self-efficient and influences a positive work environment
• Self-motivated, confident
• Resilient in a challenging, fast-paced environment
• Ability to take a high level of responsibility in a fast pace and high-volume environment
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
• Continually sets ambitious but achievable goals for the team and organisation
• Identifies and acts on new opportunities that enable performance targets to be exceeded
• Adapts own influencing approach to individuals, anticipating impact of words and actions
• Pre-empts or resolves conflicts by discussing individual issues with each person
• 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.

We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.

• Be respectful
• how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.
• Nurture talent
• we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career.

This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves, and our teams.

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.