Onboarding Analyst

Marex is a technology-enabled provider of essential liquidity and associated market infrastructure to participants in global energy, metals, agricultural and financial markets. The firm 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.

The Onboarding team is part of the Control & Support department and is primarily responsible for ensuring that regulatory, legal and credit-related due diligence are performed when onboarding new clients.

Role Summary

To ensure that customers across business divisions are on-boarded efficiently and in accordance with Group policies and procedures.

Accountabilities

• Ensure that appropriate CDD / KYC and AML checks are carried out on all new customers and in accordance with local regulatory requirements, in conjunction with the Financial Crime team
• Ensure that appropriate customer categorizations are carried out in accordance with local regulatory requirements
• Ensure that appropriate client documentation is issued to all new customers and in accordance with local regulatory and any exchange requirements
• Ensure that periodic reviews of customer files and on-going monitoring of client relationships is carried out
• Manage & prioritize the customer pipeline on a weekly basis with the business
• Ensure that the integrity of the static data inputted by the on-boarding team into the Client Data Base (aka PeopleSoft)
• Ensure that complete records of all customer documentation are maintained
• Ensure that desks procedures are kept UpToDate
• Ensure that accounts are promptly activated and closed in the Client Database following group policies
• To ensure that the Front-Office is advised, as necessary, of the Group’s on-boarding policies and documentation requirements
• To assist on any other ad-hoc reviews/projects/audits that the Documentation department is required to carry out
• Efficiently dealing with general day-to-day ad-hoc queries
• To work closely with the Financial Crime team
• Keeping management timely informed of issues/developments
• The Company may require you to carry out other duties from time to time

Competencies, Skills and Experience

• Prior experience in client onboarding required
• KYC and risk assessment of clients is essential
• Familiar with requirements of providing support to trading desks
• Self-starter; ability to take initiative and ownership
• Strong prioritization skills; ability to manage time critical deliverables
• Excellent communication skills: comfortable working with colleagues across geographies
• Experience in APAC jurisdiction preferred
• Prior experience in onboarding APAC clients strongly preferred
• Experience in handling Chinese Market portfolio, specifically around client on-boarding process, will be useful, as this is part of the role coverage.
• Familiarity with "follow-the-sun" operating model in a global business.