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 Clearing Services (MCS) is a division of Marex offering a range of products and services to clients.
Role Summary
This role will be supporting the COO to establish and apply the frameworks and controls around the Clearing function and to drive improvement within existing and new processes.
This role will be a key player in building and improving the Risk and Operational infrastructure to support the sustainable growth of this business.
This role will provide assistance and leadership for the sales and senior relationship management teams, in being a key driver for any change or new business initiatives, with responsibility for the oversight and approval of all new client relationships, enabling effective and controlled growth and integrating expansion opportunities when they arise.
As a liaison between the Business and Control & Support functions of the wider group, the Business Risk Manager will be a key contact and go to person to ensure the division continues to operate effectively.
Overall Responsibilities
- Assisting with delivering new business growth, including new 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.
- Work closely with sales to ensure new clients are of suitable standing with regards to risk appetite.
- Assisting and leading technology focused projects, primarily focused on enhancing the various workstreams to assist sales
- Creating, reviewing and improving existing MI and KPIs to effectively monitor and steer the business.
- Assisting with driving change for the MCS team 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.
- The Company may require you to carry out other duties from time to time.
Competencies, Skills and Experience
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.
- 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.
Skills and Experience
- 10+ years of Financial Services experience, preferably withing a clearing organization.
- 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 Derivatives Clearing.
- 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.
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 regulators (where applicable)
- Pay due regard to the interests of customers and treat them fairly.
- Observe proper standard of market conduct
