• Job Description

  Req#: 04cb348237f601

  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. The Swap Dealer is a division of Marex, which is in the process of building out its product offering.

  For more information visit www.marex.com

  Role Summary

  This role will be supporting the COO, Swap Dealer to establish the frameworks and controls around the Swap Dealer Business and to drive improvement within existing and new processes.

  This role will be a key player in building the operational infrastructure to support the sustainable growth of this business.

  This role will assist in being a key driver for any change initiatives and new business initiatives for the Swap Dealer, with responsibility for the clear definitions of delivery plans and targets, enabling effective and controlled growth and integrating expansion opportunities when they arise.

  As a liaison between the Swap Dealer business and Control & Support functions of the wider group, the Business Manager will be a key contact and go to person.

  Overall Responsibilities

  • Assisting with delivering new business initiatives, following and improving the groups change process, such as:
    • Assisting in challenging new business initiatives to ensure they are aligned with business Strategy and sensible from a cost/ benefit perspective
    • Responsible for the effective communication with key stakeholders
    • Responsible for establishing Project plans, identifying scope

  • Creating, reviewing and improving existing MI and KPIs to effectively monitor and steer the business
  • Assisting with creating transparency around costs and budgets and driving efficiencies and cost reductions and proactively trying to rationalise costs, where possible
  • Assisting with driving change for the Swap Dealer by establishing new processes, reviewing existing ones and identifying enhancements
  • Supporting the assessment and rationale of existing and new platforms
  • Ensuring the business is conducted in accordance with local and general regulatory rules.
  • Ensuring that compliance and other compulsory trainings are up to date.
  • Responsible for adhering to the Group governance structures and risk frameworks, escalating breaches and risk events immediately.
  • Ensuring clear communication to manager and escalation where necessary
  • Cooperating closely with support teams and the business to complete tasks and projects
  • Promoting innovation and work on idea generation
  • Delivering strategic and tactical projects and plans to improve the current operating model.
  • Ensuring effectiveness and efficiency of operational processes, focusing on driving improvement
  • Overseeing daily operations and adjusting where necessary

  Skills and Experience

  • 7+ years of Swap Dealer operational and/or management experience, particularly supporting OTC Commodities, FX, and Rates
  • Diligent, accurate and process-driven in attitude to carrying out work.
  • Strong relationship builder, particularly with finding out information or initiating actions.
  • In-depth understanding about the front to back processing of Swap Dealer products
  • In depth understanding of the applicable governance, legal and regulatory frameworks relevant to these products.
  • Has managed several change initiatives related to these products.
  • Has strong stakeholder management skills and able to handle exposure to senior management.
  • Self-motivated, confident, and resilient - able to strive within a profitability driven environment.
  • Strong Microsoft Office skills
  • Entrepreneurial and leadership skills will be highly considered.
  • Swap Proficiency Exam preferred, or ability to take the exam within 3 months after hire.

  Competencies

  • Consistently demonstrates and role models the desired values and behaviours as set out in the Company vision and values statements.
  • Takes ownership of processes & tasks.
  • May supervise day-to-day work of junior level employees but will not typically have formal management role.
  • Individual is expected to be subject area expert in one (or more) specific skill sets, business areas or products. Proven experience in designing and delivery of one or more specific daily or regular process.
  • May have external exposure as a representative of Company or as an industry expert.
  • Primary focus of role is on day-to-day deliverables, developing solutions based upon subject expertise and occasionally representing the relevant department at a broader level across the group.
  • Provision of professional support to the Management & Oversight of the efficient and effective delivery of all processes and projects within the relevant department and sub-departments.
  • Ensure effective delivery of processes and project deliverables to the business and broad Company group.

  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.

  Salary Range: $100,000 to $120,000 per year plus discretionary bonus

  Marex’s goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the employer of choice for prospective candidates. We encourage applications from candidates returning to the job market.

  It is the policy of Marex to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.

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• About the company

  Marex is a UK-based tech-enabled liquidity hub, connecting clients to global energy, metals, agricultural and financial markets.

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