Senior Equity Operations Support

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 2,300 dedicated people enabling access to exchanges and technology-powered services.

For more information visit www.marex.com

Purpose of Role:

Marex is seeking a Senior Equity Operations support who will be part of a team responble for two primary business lines – Equity Brokerage and Equity Prime Brokerage Desks. The Brokerage business is well established while Equity Prime Brokerage is rapidly growing. Both are support primarily on vendor systems with Broadridge and BAML being the two most used. The team also supports a variety of OTC products traded via a SEF (Swaps Execution Facility).

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.

Operations is first and foremost a control function. As such the Equity Brokerage Trade Support team must ensure controls are followed and always evaluated for improvement. The staff will be expected to work on both the daily work as well as putting in place the framework for any new products or initiatives.

Responsibilities:  

• Supervise and evidence reviews of daily controls performed by the team.
• Supervise daily activity of Broadridge BPO, including Equity & Options P&S, DTC Settlements, and various Operational Controls
•  Work closely with Broadridge to implement new processes and to improve existing processes.
• Process all equity and option transactions including life cycle events (exercises and assignment, corporate actions, etc). Manage the trade flow through our various Middle Office systems.
• Monitor and resolve customer unaffirmed trades, street-side breaks and failed trades.
• Identify and clear breaks prior to open of the market and work with our clearing firm to process End-of-Day actions.\
• Perform end-of-day controls to ensure proper trade booking and allocation processing.
• Floor brokerage invoice reconciliations.
• SEF (Swaps Execution Facility) trade processing for OTC Swaps
• Adhere and propose improvements to control framework including SOX controls.
•  Work with Front Office, Risk, Finance, Compliance, IT and Operations to support BAU (business as usual).
•  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..
    

The Company may require you to carry out other duties from time to time.

Competencies, Skills and Experience:

Competencies

• Astute thinker with aptitude to learn.
• Effective problem solver who can work independently as well as a part or a larger team.
• Accurate and thorough with a client focus.
• Strong interpersonal characteristics with ability to build relationships with internal staff across the firm as well as interact comfortably with MCM clients
• Demonstrates curiosity.
• Strong work ethic (early and late shifts may be instituted and required from all staff).
• 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

• At leaset (5) five years’ experience in a Financial Institution required
• Bachelor’s degree in Finance, Business, or related field.
• FINRA Series 99 strongly preferred.
• Experience supporting Equities and/or Options required
•  Experience with DTC/NSCC and OCC.
• Working knowledge of Broadridge BPS strongly preferred.
• Experience supporting Equities/Options.
• Experience supporting an Execution Desk preferred.
• Understanding of trade life cycle events strongly preferred.
• Ability to document procedures and controls.
• Excellent verbal and written communication skills.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Salary Range: $80,000 to $110,000 per year plus discretionary bonus

Marex Benefits for 2025

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 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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