Structured Products Operations Analyst

London
Permanent
Full-time

1 month ago

About MarexMarex 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 2,400 employees across Europe, Asia-Pacific and the Americas.For more information visitDescription of DepartmentMarex 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 SummaryTo provide front to back operational support to the Structured Product business and its customers.Overall Responsibilities

A key member of the operations team providing comprehensive support to OTC Derivatives and Structured Notes business of Marex Solutions front office and clients. Report and escalate issues timely to the Head of the team as well as relevant senior management of the Desk.
Daily BAU activities include, but not limited to, reconciling trade positions and cash flows, managing trade and notes lifecycles, sending trade confirmations and client statements, dealing with margin calls, paying agent, prime 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
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
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.

The Company may require you to carry out other duties from time to timeSkills and Experience

Adept across the MS Office suite (the ability to write macros/VBA and Python is highly desirable)
Keen to work in a rapidly evolving and growing organisation and make your mark, highly committed
0 to 2 years relevant experience in a similar middle office/operations role in financial service industry desirable but not compulsory.
Problem solving skills
A meticulous eye for detail
The ability to work effectively under pressure in a busy environment
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

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

Conduct RulesYou 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 ValuesActing 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.Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.#LI-MH1

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