About Marex
Marex 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 2,300 employees across Europe, Asia and the Americas.
For more information visit https://www.marex.com
Role Summary
To manage and control all aspects of the operational Functions for the SGX & Mainland China exchanges clearing activity and provide assistance to Singapore control and support areas in relation to regional activities.
All employees are expected to understand and comply with any Sarbanes Oxley operational requirements relevant to their role
Overall Responsibilities
- Ensuring all top day trades are allocated, cleared & accepted in a timely & efficient manner
- Configuration & maintenance of back office clearing static data
- Managing top day trade activity to reduce exchange intraday margin calls
- Perform daily trade and position reconciliations and maintaining accurate exchange open interest
- Monitoring and issuing clients with T+1 margin calls
- Reporting margin call status to management
- Establishing and maintaining contact with clients for control of margin payments
- Monitoring and reporting operational risks associated with the margin call processes
- Monitoring daily regulatory reporting submissions to exchange & regulators, inclusive of the China Futures Markets Monitoring Centre (CFMMC)
- Ensuring SOX compliance on daily & monthly control processes
- Assisting Treasury with exchange margin call payments
- Establishing and maintaining contact with internal departments including: IT, Credit & Risk, Clearing, Deliveries, Finance, Treasury and Compliance
- Working closely with IT & Trade Support groups, advising of system issues on a daily basis
- Assisting with mandatory exchange upgrades in association with software vendors & internal systems
- Efficient email management, including both personal & group mailboxes
- The Company may require you to carry out other duties from time to time
Standard Responsibilities
- Ensuring compliance with the company’s regulatory requirements under the relevant regulatory bodies.
- 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 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.
Competencies, Skills and Experience
Competencies
- Minimum Bachelor Degree in Commerce/Business
- Work effectively under pressure in a busy environment
- Good communication skills within team & other business areas
- Punctual, Enthusiastic, Flexible, Helpful and Disciplined
Skills and Experience
- Ideally 2 Years+ experience within the listed futures and options industry
- 2 Years+ experience within an operations function
- SGX exchange process knowledge
- China Futures Exchanges process knowledge will be useful
- Ability to work independently and within a team
- Fresh graduate with relevant product knowledge are welcome to apply
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 Spectron 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.
