Clearing Operations Officer

Marex Group

Posted on 3 Mar

Experience

1 - 3 Years

Job Location

Abu Dhabi - United Arab Emirates

Education

Any Graduation

Nationality

Any Nationality

Gender

Not Mentioned

Vacancy

1 Vacancy

Job Description

Roles & Responsibilities

The role will be responsible for all aspects of daily operations and reconciliations and shall involve daily communication with Marex s counterparties and banks. The role will report to Head of Operations and shall be also responsible for the continued development of Marex s current policies and procedures in line with industry changes. The role shall include:

Responsibilities

  • Reconciliation of daily volumes traded, using a wide variety of tools and services, any report any issues, or potential issues to management.
  • Continue development of current systems and procedures for monitoring the trading activities of Marex s clients and to escalate any appropriate issues.
  • Reconciling T+1 cleared business between Exchanges, Third Party brokers/counterparties and internal booking systems.
  • To perform daily exchange fee reconciliation across all markets to ensure Marex and underlying clients are charged at correct rates.
  • Performing Start of Day position check to ensure front end platforms match statements generated from internal booking system.
  • Rectifying T+1 breaks on any exchanges and/or with brokers/counterparties.
  • Such other assistance as may be required by the Directors, exchanges and/or Counterparties.
  • Daily large trade position reporting to SGX and CME/CFTC above thresholds

Desired Candidate Profile

Skills and Experience

  • Knowledge of financial services products and markets generally and preferably those relevant to Marex s business and that of its customers (e.g. exchange traded futures and options, foreign exchange and cash related products)
  • Knowledge of regulatory environment and trading venues
  • Maintains key contacts with counterparties, banks and exchanges, where appropriate
  • Ensures problems and issues are addressed and resolved in a timely and effective manner.
  • Represents Marex in an appropriate manner which enhances business and professional Relationships.
  • Sharp analytical skills and an enquiring mind.
  • Strong interpersonal skills and team player approach
  • Enthusiastic, methodical, and diligent
  • Bachelors or diploma in Finance / Economics.

Competencies:

  • High level of integrity and dependability with a strong sense of urgency and results-orientation.
  • A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
  • Demonstrates curiosity.
  • Ability to take a high level of responsibility.
  • Resilient in a challenging, fast-paced environment.

Company Industry

  • Banking
  • Financial Services
  • Broking

Department / Functional Area

  • Finance
  • Treasury

Keywords

  • Clearing Operations Officer

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Marex Group

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.

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https://marex.breezy.hr/p/7868a53ac2e301-clearing-operations-officer-vn2520