Structured Products Operations - Analyst/Associate (VN2744) in London

About Marex

Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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

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 escalate 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 escalate risk events immediately.
• To provide input to risk management processes, as required.

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

• 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.
• A meticulous eye for detail.
• 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

• 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

• Acting as a role model for the values of the Company: Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.
• Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this and we demand it of ourselves.
• Collaborative - We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.
• Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex the place ambitious, hardworking, talented people choose to build their careers.
• Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

*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.