Role Summary
This is a Treasury Operations role within Marex’s Group Treasury department. The role requires an ambitious and motivated individual who has gained considerable market experience with the Treasury Operations space and is looking to join a fast-paced environment. This Treasury Operations department covers all aspects of Cash Management, Securities Settlements & Reconciliations, Payments, Exchange & Bank Reconciliations, CASS Client Money Reconciliation
Accountabilities
• Deliver improvements and drive efficiencies across Treasury Operations processes and controls.
• Lead in the maintenance and development of new processes/applications and ideas to enhance the Treasury processes and services including Treasury Cash Management, specifically in the integration of a new Treasury Management System and Reconciliation tool.
• Testing usability of new systems and suggest upgrades/improvements.
• Investigate and resolve issues as required across the team
• Understand the flow of data from back office systems through to the General Ledger, and the effects of the cash flows on Liquidity
• Review/ execute FX trades required to manage currency exposure including execution and booking in a timely manner
• Support the Team with ensuring that all key controls are performed in accordance with company procedures
• Daily cash management of all Marex APAC bank accounts
• Daily Nostro reconciliations and investigations
• Daily Reconciliations of cash and OTE:
- Client balances
- Exchanges / Clearing houses
- Intermediary Brokers
• Processing and control of all outgoing payments
• Processing and control of all Treasury related products
• Settlement of Security Transaction
• Perform daily Client Money reconciliation and monthly reporting
• Assist in the maintenance of the various banking facilities:
Opening/Closing of bank accounts
Ensure Signature lists are up to date
Reviews of bank charges
• Lead on the client interest, credit line interest and interest postings processes
The company may require you to carry out other duties from time to time.
Skills and Experience
• In depth knowledge of:
o Treasury Cash Management
o Nostro reconciliations
o Futures and options reconciliations
o FX Back office processes
o Strong knowledge of Swift Principles
o Futures and Options clearing and cash flows driven by Initial Margin and Variation Margin
• Proven experience in delivering Finance/Treasury systems projects
• A good understanding of Client Money regulations and Money Laundering guidelines
• Ability to work to deadlines, accuracy, and a high level of attention to detail
• Ability to work in pressurised situations, prioritising, and delegating workload
• Ability to develop and improve controls and processes
• A good understanding of accounting principles
• Min 2 years of relevant experience
• At least a relevant Finance tertiary degree
Top Skills
What We Do
We are a diversified global financial services platform, connecting clients to global energy, metals, agricultural and financial markets. Across our businesses we provide critical high value-add services in Market Making, Execution and Clearing, Hedging and Investment Solutions, Price Discovery and Data & Advisory.
We have a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021.
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 22 offices worldwide, the Group has over 1,100 employees across Europe, Asia and America.
State-of-the-art electronic and voice broking services facilitate all types of trading strategies. This is backed by decades of experience, with Marex emphasising intellectual knowledge and insight, alongside access to extensive data sets and the latest analytical tools.
In addition to its core operations, Marex's scale and expertise in commodity derivatives, as well as physical products, has enabled it to respond to client demand and offer services for financial futures & options and foreign exchange.
