Business Analyst - Clearing

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/

The Technology Department delivers differentiation, scalability, and security for the business.

Technology provides digital tools, software services, and infrastructure globally to all business groups. Software development and support teams work in agile ‘streams’ aligned to specific business areas. Our other teams work enterprise-wide to provide critical services including our global service desk, network and system infrastructure, IT operations, security, enterprise architecture, and design.

The Business Technology function ensures delivery of Technology services to each Marex business area. We partner with the business to optimise their technology stack, prioritise their strategic technology roadmap, and drive their software delivery lifecycle. We define and agree change initiatives with the organisation’s business areas and then coordinate delivery against specific acceptance criteria. Each Business Technology team is aligned to one of Marex’s business divisions and works with a corresponding Development team and Application Support team. A global team of implementation resources coordinate and support the technology business streams with delivery.

Job Reference: VN2507   

Role Summary

Based in London, the Business Analyst collaborates with multiple stakeholders to design and implement the vision of world class platforms using innovative technology. They assist in the entire delivery from inception to business acceptance and remain a key contact in the areas they operate.

You will serve as a crucial liaison between business teams and technology teams, translating business needs into clear requirements and actionable solutions while guiding projects from inception through successful delivery. In this role, you will collaborate with stakeholders across multiple functions to gather and analyse requirements, document and model business processes, and define specifications (e.g. use cases, workflows) that drive development. You will ensure that technology solutions align with business goals and are delivered with high quality by facilitating communication between technical and non-technical teams, supporting testing and user acceptance validation, and managing changes and priorities in an Agile environment. Core competencies for this position include strong analytical and problem-solving skills (a structured, detail-oriented approach to breaking down complex issues), excellent written and verbal communication for effective stakeholder management, and a proactive, self-starting attitude with the resilience to thrive in a fast-paced setting. The ideal candidate can balance strategic thinking with hands-on execution, helping to drive continuous process improvements and deliver business value in a technology-driven financial services environment that may involve regulatory or risk considerations.

Responsibilities

• Perform functional and technical analysis for integration projects and issues.
• Provide business analysis for projects and issues related to applications and reporting systems/processes.
• Proactively identify process improvements and gather high level specifications.
• Assist in building controls and define business processes to ensure quality of data is maintained.
• Assist with team workload including ad-hoc business under requests and user acceptance testing.
• Provide strategic technological direction for the business.
• Innovate new solutions, ensuring the business is always one step ahead of the competition.
• Contribute to the technical direction of the department. Research new concepts and technologies. Evaluate third party products and tools that are (or  may be) used by them.
• Create goals that capture business deliverables with an agreed set of Acceptance Criteria (the contract), and report on the priority/progress/effort/cost of these goals/projects.
• Oversee projects to ensure they are run efficiently and delivered on time and on budget.
• Prioritise and drive the business requirements giving regular status updates.
• Ensure delivered infrastructure and systems are of production quality and adequately documented for handover to the business and/or support functions.
• Ensure delivered systems are secure, reliable, and scale to meet the demands of a rapidly growing business.
• Help define best software development practices and processes ensuring they are adhered to.
• 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

All staff:

• Ensure compliance with the company’s regulatory requirements under the FCA.
• 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 comply with the FCA’s Code of Conduct.
• 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.
• Report any breaches of policy to Compliance and/ or your supervisor as required.
• Escalate risk events immediately.
• Provide input to risk management processes, as required.

Skills and Experience

Essential:

• Detailed understanding of the role a Business Analyst plays and its deliverables in an Agile environment.
• Knowledge of Clearing highly desirable
• Experience of risk management and margin calls highly desirable
• Experience with project planning and coordination.
• Experience with stakeholder management and business analysis.
• Experience with Agile and scrum development methodologies.
• Experience of accounting practices within large organizations desirable.
• Experience with product development.
• Excellent verbal and written communication skills
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Competencies

• Self-starter
• 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.
• Excels at building relationships, networking and influencing others
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring
• operational effectiveness

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
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

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.

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company.  We welcome applications from candidates returning to the workforce.  Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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