Clearing Relations Representative

Marex is a diversified 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 leading 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.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 36 offices worldwide, the Group has over 1,800 employees across Europe, Asia and America.

For more information visit www.marex.com

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 is an Execution and Clearing business that is focused on the Global wholesale market that includes Banks, Funds, Asset Managers, Corporates and trading groups.

Responsibilities:

On-boarding:
• Assessing bespoke or non-standard client requirements and their merit in context of potential revenue, resource requirements and existing/future product agenda.
• On-boarding new clients through to go-live; delivering front-to-back clearing setup; Preparing documentation.
• Ensure that clients have access to exchanges and order routing platforms to enable their trading requirements.
• Help to ensure Marex Spectron complies with its exchange regulatory obligations when connecting clients to exchanges.
Ongoing:
• Designing and delivering innovative client solutions to win business and retain revenues.
• Communicating market and regulatory change and its impact to clients.
• Dealing with risk and treasury issues.
• Developing and managing client KPIs.
• Improving / streamlining existing client clearing processes.
• Working with business development, ops and IT, ensuring strategy meets client & business requirements.
• Undertaking regular project work to improve client offering and technology.
• Undertaking quarterly/annual client reviews of relationships, revenue targets, growth opportunities, under-performing clients, in partnership with sales and marketing and other relationship managers.
• Assist in producing client reports
• Ensuring 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 complying with the FCA’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:
• Ability to engage and communicate with key internal stakeholders.
• Ability to coordinate and prioritize multiple tasks.
• A collaborative team player, approachable, self-efficient and influences a positive work environment
• Demonstrates curiosity
• Resilient in a challenging, fast-paced environment
• Excels at building relationships, networking and influencing others
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience:
• Client relationship management experience.
• Product and business knowledge.
• Problem escalation experience.
• A methodical and diligent approach to Risk management and critical decision making.
• Strong negotiation, written, verbal, presentation and interpersonal skills.
• Strong organisation, delegation and prioritisation skills.
• A strong sense of commerciality.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

If you’re forging a career in this area and are looking for your next step, get in touch!

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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