Structured Products Trade Management / Middle Office Supervisor - VN2426 in London

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 among 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.

Marex Solutions, a division of Marex, is a specialist producer of tailored OTC derivatives and structured products. We are a highly entrepreneurial and fast‐growing manufacturer, trader and service provider of customised derivative solutions. We design and implement solutions to mitigate against market risks or to create investment opportunities. We leverage cutting‐edge technology to empower our customers and disrupt traditional investment banking practices.

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 senior member of the operations team providing comprehensive support to OTC Derivatives and Structured Notes business of Marex Solutions front office.
• Report and escape issues timely to the Head/Supervisor as well as senior management of the Desk.
• Act as point of escalation for the operations team, supervising and motivating junior members, responsible for overall control and automation of the team infrastructure and processes in the absence of the Supervisor.
• Daily BAU activities: reconciling trade positions and cash flows, managing trade and notes lifecycles, ensuring accurate and timely processing of corporate actions and dividends, sending trade confirmations and client statements, dealing with margin calls, paying agent, prime brokerage and settlements, ensuring all relevant trades are reported correctly to meet MiFID, EMIR and Dodd‐Frank regulatory frameworks.
• Contribute to the establishment of new controls, enhancement and automation of existing reconciliation tools and processes.
• Work closely with finance, treasury, risk, audit and compliance departments.
• Maintain detailed operating procedures, train new joiners to ensure continuity and minimise staff risk.
• Ensure 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.
• Model integrity and conduct reflecting Company Values.
• Comply with the FCA's Code of Conduct.
• Be fully aware of and adhere to internal policies that relate to your role.
• Report policy breaches to Compliance or supervisor as required.
• Escalate risk events immediately.
• Provide input to risk management processes as required.

Skills And Experience

• More than 5 years of relevant experience in a similar middle office/trade management role focused on Equity/OTC derivatives or Structured Note issuance.
• Adept across the MS Office suite. SQL, Alteryx and/or Python is highly desirable.
• Committed and keen to work in a rapidly evolving and growing organisation.
• Comprehensive understanding of both structured products and the underlying Futures and Options.
• Ability to manage multiple projects and tasks simultaneously and independently, ensuring timely delivery, prioritisation while maintaining high quality.
• Problem‐solving abilities.
• Excellent communication skills and able to build effective working relationships.
• A meticulous eye for detail.
• Independent work and teamwork capabilities.
• Enthusiastic team player who respects, values the opinions of others, communicates well and shares knowledge.
• Effective under pressure in a busy environment, flexible and adaptable.
• Solis knowledge would be a plus but not essential.

Competencies

• Excellent verbal and written communication skills.
• 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.

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.
• Act to deliver good outcomes for retail customers.

Company Values

• 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.

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