The posting
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/
Role Summary
This role is within the Solutions COO team within the Marex Solutions department.
Marex Solutions is a division of Marex providing investment banking solutions with a fintech mindset. We aim to become the world’s leading manufacturer of cross asset, customised derivatives.
Supporting the Solutions COO team to manage the solutions business, you will take a leading role in building and scaling the operational infrastructure to support the rapid growth of this business, as well as defining and delivering the strategy for the Solutions business
As a liaison between the Solutions business and Control and Support functions of the wider group, you will be a key contact and the go to person for both divisions. Working alongside COO and Sales/Trading functions in delivering projects related to the initial creation, processing and automation of the solutions product offering, enabling the business to keep growing sustainably and integrating expansion opportunities when they arise.
This is an excellent opportunity for a Vice President to join the team, bringing established expertise in Structured Products and Business Management. As a central player in the business, you will be responsible for the following:
- Leading the delivery of new business initiatives for the business following and improving the groups change process which have a technology focus
- Owning the automation of existing MI and KPIs to effectively monitor and steer the business
- Driving and championing change for the Marex Solutions team by reviewing existing process and identifying enhancements via automation and use of technology
- Leading the delivery of key new inhouse build technology platforms as well as the roll out of third-party systems.
- You are an entrepreneurial individual with deep front to back understanding of structured products. Used to optimise and drive automation.
- You think outside of the box and always try to have a solution for any problem you encounter
Responsibilities
- Your role will support the Solutions COO team in the following:
- Managing the day-to-day running of the Solutions business, with a heavy focus on the Derivatives Engine and Technology areas
- Leading the delivery of both strategic and tactical projects that are critical for the Solutions business and improving the groups change process:Generates ideas on how to improve the management of new business initiatives Responsible for the effective communication with key stakeholders Responsible for establishing Project plans, identifying scope and owning end-to-end delivery
- Creating, reviewing and improve existing MI and KPIs to effectively monitor and steer the business
- Creating transparency around costs and budgets and driving efficiencies and cost reductions and proactively trying to rationalise costs where possible
- Reviews Marex Solutions cost base and budget, including initiating and implementing measures to control and reduce them in a sustainable manner
- Ensuring effectiveness and efficiency of operational processes and identifying ways to improve them
- Cooperate closely with support teams and the business to complete tasks and projects on schedule and clearly communicate progress
- Promote innovation and work on idea generation
- Leading the assessment of existing platforms and delivering the IT strategy for the Marex Solutions team.
- Lead regulatory initiatives/projects with the subject matter experts together with Legal and Compliance
- Ensure the business is conducted in accordance with local and general regulatory rules
- Ensure that compliance and other compulsory trainings are up to date
- Ensure a clear communication to manager
- Mentoring and developing more junior members of the team, acting as an escalation point and role model
- Managing Marex Solutions’ cost base and budget, including initiating and implementing measures to control and reduce them in a sustainable manner
General:
- Closely work and collaborate with the rest of the Solutions COO team to ensure effective support of the business line
- Contributing to a positive team culture, enabling team members to thrive
- Ensuring compliance with the company’s regulatory requirements under the FCA and other regulatory authorities where required
- 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
- Excellent verbal and written communication skills
- 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
Skills and Experience
- Strong problem solving and analytical skills
- Significant experience of structured products and/or business management within financial services, with a proven track record of delivering change and technology projects
- Very Strong Excel, VBA or Python skills as well as MS Office skills
- A meticulous eye for detail
- The ability to work effectively under pressure in a busy environment
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
Be collaborative - by working together across the organisation, we foster teamwork, can better respond to challenges and successfully deliver for our clients
Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders
Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.
Be respectful – how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.
Nurture talent – we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves, and our teams.
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.
If you would like to receive any information in a different way or would like us to do anything differently to help you, please include it in your application.
