Career Opportunities
Structured Products Operations Analyst
Role Summary
To provide front to back operational support to the Structured Product business and its customers.
Description of Marex
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.
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.
Overall Responsibilities
• A key member of the operations team providing comprehensive support to Hedging Solutions and Financial Products 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.
• Key point of control and support for APAC Sales & Trading. Daily BAU activities include, but not limited to, ensure accuruate trade capture of Structured products in Risk Capture system, 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. It is a great opportunity to learn about structured products across all asset classes (commodity, FX, equity, interest rates, credit and cryptocurrency) and develop a good understanding of the entire operational flow and control for a complex business.
• 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
The Company may require you to carry out other duties from time to time
Competencies
• A detailed and organized person, used to adapt and excel in an evolving and challenging environment
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
• Demonstrates curiosity
• Resilient in a challenging, fast-paced environment
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness
Skills and Experience
• A numerical and logical person, must have Python/VBA coding ability.
• 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 compulsoryAbility to juggle multiple projects and tasks with superb accuracy
• Ability to work independently and as part of a team
• Problem solving skills
• A meticulous eye for detail
• 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.
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.
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 (where applicable)
• 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
