Diversified. Resilient. Dynamic.
Marex is a 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.
With more than 35 offices around the globe, and over 2,000 dedicated people enabling access to exchanges and technology-powered services.
For more information visit www.marex.com
Purpose of Role:
The Futures Brokerage Analyst role is to assist in ensuring the accuracy of the firm’s Give Up Receivables and Payables and to help improve the turnaround time of these amounts. Manage processes AP/AR in both CME Give Up Payment System (GPS) and FIA Tech Atlantis payment systems. Asist with Aged Collection.
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.
Responsibilities:
- Reconcile the firm’s execution Billing System, People Soft (PS) to amounts settled in the Give Up Payment System (GPS) and FIA-Tech Atlantis.
- Manage aged debt collection efforts for the U.S. entities
- Verify trades for payment, allocate payments for coding in People Soft (PS).
- Review existing departmental policies and procedures, and institute updates where needed.
- Assist the team with the various ongoing audits (Internal, Regulatory, External) by compiling requested information on a timely basis and communicating responses in a prompt and effective manner.
- Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges.
- 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.
- 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.
The Company may require you to carry out other duties from time to time.
Competencies, Skills, and Experience:
Competencies
- Demonstrates curiosity.
- Resilient in a challenging, fast-paced environment.
- Ability to take a high level of responsibility in a fast pace and high-volume environment.
- Ability to write reports, correspondence, and procedures.
- Excels at building relationships, networking and influencing others.
- High motivational level with ability to perform work with considerable independence under the general direction of supervisor.
- Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
Skills and Experience
- Bachelor’s degree in accounting or finance.
- Proficient with computers and applicable software, especially Excel.
- Futures Industry knowledge.
- Experience with GPS, BPS, and Atlantis systems.
- Attention to detail and organizational skills.
- Excellent verbal and written communication skills
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.
We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.
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