What are the responsibilities and job description for the Equity Operations Analyst position at Marex Spectron?

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 :

Equity Operations supports two primary business lines - Equity Brokerage and Equity Prime Brokerage Desks. The Brokerage business is well established while Equity PB 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 (Swap 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.

The Marex Ops team is responsible for supporting full life cycle events for all fixed income products traded by the various businesses. While a large portion of the daily functions have been outsourced to the Broadridge Manager Products Team, Marex is ultimately accountable for all output, and thus supervising the Broadridge team's work is imperative. While everyone on the team has a daily focus, everyone is cross trained as much as possible. Any single function performed within the team has minimum of two to three employees who can step in and comfortably perform the tasks(s). The team places a strong emphasis on its control framework ensuring controls are followed and always evaluated for improvement.

Responsibilities :

Supervise daily activity of Broadridge BPO platform.
Process all equity and option transactions including life cycle events (exercises and assignment, corporate actions, etc.)
Identify and clear breaks prior to open of the market and work with Broadridge team to process End-of-Day actions.
Review End-of-Day status of each client portfolio and run through control checks to ensure clean trade date balances
Adhere to and propose improvements to control framework for the support of the business
Work with Front Office, Risk, Finance, Compliance, IT and Operations to support BAU
Supervise (if performed by a third party) or perform defined processes to adhere to regulatory requirements, including but not limited to Possession or Control, 17a-5, transaction reporting and surveillance.
Regulatory trade reporting for equity and options.
Process client pass through fees.
Send monthly execution invoices to clients
Invoice collection and payment allocation
Floor brokerage invoice reconciliations.
SEF (Swap Exection Facility) trade processing for OTC Swaps.
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 require

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 think with an aptitude to learn.

Accurate and thorough with a client focus

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 client.

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

Bachelor's degree is strongly preferred

Understanding of trade life cycle events strongly preferred.

One to three years' experience in a Financial Institution required.

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.

Understanding of trade life cycle events strongly preferred.

Ability to document procedures and controls.

Excellent verbal and written communication skills.

Salary Range : $75,000 to $85,000 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.

LI-PP1

Salary : $75,000 - $85,000

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