F&O Clearing Support Analyst

Marex, City of Westminster

F&O Clearing Support Analyst

Salary Not Specified

Marex, City of Westminster

  • Full time
  • Permanent
  • Onsite working

Posted today, 16 Oct | Get your application in now to be one of the first to apply.

Closing date: Closing date not specified

job Ref: 17a0fbbeadca4cdbb93dbc426485414a

Full Job Description

The F&O clearing team plays a crucial role in the success of the firm, as it is responsible for ensuring that Marex's day to day trade processes are running smoothly and efficiently, and that we are meeting the needs of our customers to a high standard.,

  • Ensuring all top day trades are allocated, cleared & accepted in a timely & efficient manner
  • Recapping clients in multiple formats on behalf of specified internal brokers
  • Daily monitoring & problem resolution of exchange clearing gateways & 3^rd party clearer file imports
  • Daily monitoring & problem resolution of downstream internal system feeds & processes
  • Working closely with front office brokers, assisting with all queries & requirements
  • Configuration & maintenance of back office clearing static data
  • Reporting any issues to back-office supervisor & clearing manager
  • Working closely with IT & trade support groups, advising of system issues daily
  • Managing top day trade activity to reduce intraday margin calls
  • Efficient email management, including both personal & group mailboxes
  • Assisting with mandatory exchange upgrades in association with software vendors & internal systems
  • Assisting with introduction of new exchanges & 3^rd party clearing relationships
  • Training new staff members
  • Monitoring trader's error positions & ensuring off risk department & senior management awareness
  • Assisting the Brokerage Department on relevant queries
  • Liaising with the Clearing Manager & IT development to improve systems & procedures.
  • Ensuring compliance with the company's regulatory requirements under the FCA, NFA, AMF, AFM, MAS and any other relevant regulatory body.
  • 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 and/or 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.

    We are looking for A talented, ambitious, and proactive individual to provide operations clearing support for Futures, Options, Equity, Energy, Agricultural & OTC exchanges, 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 in a fast pace and high-volume 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
  • Clearing experience essential
  • Knowledge of XTP, ATeo LISA & TEO Clearing software
  • Able to work on own initiative & be part of a team
  • MS Office experience
  • Good communication skills within team & other business areas
  • Punctual & enthusiastic
  • Flexible & accustomed to constant changing responsibilities
  • Following a strict & disciplined regime, aiding all employees
  • Problem solving abilities
  • Attention to detail
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
  • 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

    Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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., 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.