Equity Operations Support (VN2785)
at Marex
Posted 9 hours ago
No clicks
- Compensation
- $75,000 – $100,000 USD
- City
- Country
- United States
Currency: $ (USD)
**Equity Operations Support** in New York. Manage daily operations, mitigate risks, and ensure compliance. Proficient in Excel, Bloomberg, and Broadridge. 3+ years' experience in equity operations or related field.
Career opportunities
Equity Operations Support (VN2785)
New York, NY,
Operations,
Full-Time
Diversified.
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:
Marex is seeking an Equity Operations Associate who will be part of a team responsible for two primary business lines – Equity & Options Brokerage and Equity Prime Brokerage.
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.
Operations is first and foremost a control function. As such the Equity Trade Support team must ensure controls are followed and always evaluated for improvement. The staff will be expected to work on both the daily work as well as putting in place the framework for any new products or initiatives.
Responsibilities:
- Provide daily middle-office support for U.S. equity and options trading activity
- Work closely with the Broadridge team to identify and clear breaks
- Review and validate trade capture and ensure trades are accurately reflected in the firm’s systems
- Monitor the trade lifecycle from execution through confirmation, affirmation, settlement, and reconciliation
- Investigate trade breaks, unmatched trades, incorrect settlement instructions, and other exceptions
- Perform EOD Options CMTA allocations
- Coordinate with traders, sales personnel, clearing firms, counterparties, and custodians to resolve trade discrepancies
- Perform post trade allocations via CTM and NYFIX Match
- Support DVP/RVP, free delivery, and other applicable settlement activity
- Monitor failed trades and coordinate resolution with the appropriate internal and external parties
- Assist with corporate actions and other events affecting equity positions and transactions
- Perform End of Day checkouts or reconciliations for various products or trade flows.
- Adhere to and propose improvements to control framework for the support of the business
- Perform and evidence the performance of daily controls
- 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 required.
- 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 thinker with aptitude to learn
- 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 clients
- 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
- At least (1-5) One to five years’ experience in a Financial Institution required.
- Bachelor’s degree in finance, Business, or related field
- 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
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Salary Range: $75,000 to $100,000 per year plus discretionary bonus
Company Values:
- Be collaborative - by working together across the organization, 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 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.
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Equity Operations Support (VN2785)
at Marex
Equity Operations Support (VN2785)
at Marex
Posted 9 hours ago
No clicks
- Compensation
- $75,000 – $100,000 USD
- City
- Country
- United States
Currency: $ (USD)
**Equity Operations Support** in New York. Manage daily operations, mitigate risks, and ensure compliance. Proficient in Excel, Bloomberg, and Broadridge. 3+ years' experience in equity operations or related field.
Career opportunities
Equity Operations Support (VN2785)
New York, NY,
Operations,
Full-Time
Diversified.
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:
Marex is seeking an Equity Operations Associate who will be part of a team responsible for two primary business lines – Equity & Options Brokerage and Equity Prime Brokerage.
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.
Operations is first and foremost a control function. As such the Equity Trade Support team must ensure controls are followed and always evaluated for improvement. The staff will be expected to work on both the daily work as well as putting in place the framework for any new products or initiatives.
Responsibilities:
- Provide daily middle-office support for U.S. equity and options trading activity
- Work closely with the Broadridge team to identify and clear breaks
- Review and validate trade capture and ensure trades are accurately reflected in the firm’s systems
- Monitor the trade lifecycle from execution through confirmation, affirmation, settlement, and reconciliation
- Investigate trade breaks, unmatched trades, incorrect settlement instructions, and other exceptions
- Perform EOD Options CMTA allocations
- Coordinate with traders, sales personnel, clearing firms, counterparties, and custodians to resolve trade discrepancies
- Perform post trade allocations via CTM and NYFIX Match
- Support DVP/RVP, free delivery, and other applicable settlement activity
- Monitor failed trades and coordinate resolution with the appropriate internal and external parties
- Assist with corporate actions and other events affecting equity positions and transactions
- Perform End of Day checkouts or reconciliations for various products or trade flows.
- Adhere to and propose improvements to control framework for the support of the business
- Perform and evidence the performance of daily controls
- 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 required.
- 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 thinker with aptitude to learn
- 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 clients
- 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
- At least (1-5) One to five years’ experience in a Financial Institution required.
- Bachelor’s degree in finance, Business, or related field
- 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
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Salary Range: $75,000 to $100,000 per year plus discretionary bonus
Company Values:
- Be collaborative - by working together across the organization, 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 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
Privacy Preference Center
Manage Consent Preferences
Strictly Necessary Cookies
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work.
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance.
Functional Cookies
These cookies enable the website to provide enhanced functionality and personalisation. They may be set by us or by third party providers whose services we have added to our pages. If you do not allow these cookies then some or all of these services may not function properly.
Marketing Cookies
These cookies are used for advertisements displayed on third-party websites, including social media. They are tailored to your preferences and help us measure the effectiveness of our advertising campaigns.
Cookie List
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