FCM Operations Support Associate

1 month ago

Chicago, Illinois, United States Marex Spectron International Full time

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 2,000 dedicated people enabling access to exchanges and technology-powered services.

For more information visit

Purpose of Role:

The FCM Operations Support is a member of the day-to-day operations team. Areas of focus include Reconciliations, Deliveries, Regulatory Reporting, and Option Expirations.

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.

Responsibilities:

  • Efficiently process daily and monthly deliveries in accordance with exchanges rules.
  • Correspond with clients of approaching delivery periods.
  • Liaise closely with the Risk department as expiration approaches.
  • Confirm reportable dates and positions with the various exchanges throughout the delivery period
  • Book daily cash entries to client accounts and the G/L ensuring postings are reconciled daily to the exchange.
  • Ensure all static data related to deliveries is updated and reflected correctly in the back-office system.
  • Ensure T+1 Trade, Position & Variation Margin reconciliations for all futures and options exchanges, including third party clearing brokers, are efficiently processed.
  • Guarantee T and T+1 positions are reported correctly to the Exchanges and Regulators.
  • Adjust positions on T and T+1 with exchanges as needed.
  • Participate in weekly option expiration cycles.
  • Maintain a good relationship and be aware of requirements of front office staff.
  • Efficiently manage correspondence through group mailbox
  • 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

  • Demonstrates curiosity.
  • Resilient in a challenging, fast-paced environment.
  • 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
  • Ability to develop and enhance processes to improve efficiency, including the back-office systems, client interfaces and exchanges.

Skills and Experience

  • At least 5 years 'of experience required.
  • Strong understanding of Futures & Options, including Reconciliation, Position Maintenance & Regulatory Reporting, Option Expiration and Deliveries.
  • Knowledge of XTP Back Office system preferred but not required.
  • Basic Microsoft Excel skills required.
  • Bachelor's degree preferred.
  • Excellent verbal and written communication skills.
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

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

  • FCM Operations Support Analyst

    1 month ago

    Chicago, Illinois, United States Marex Spectron International Full time

    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...

  • Senior Analyst of Sanctions Operations

    2 weeks ago

    Chicago, Illinois, United States Interactive Brokers Full time

    Position OverviewAbout Interactive BrokersThis role offers a hybrid work arrangement (three days in-office and two days remote).Interactive Brokers Group has been a pioneer in trading technology since 1983, consistently challenging the conventional norms of the financial services sector. We are primarily a technology-driven firm, dedicated to providing our...

  • Operations Support Specialist

    2 weeks ago

    Chicago, Illinois, United States Zacks Investment Management Full time

    About UsZacks Investment Management is a prominent financial services firm that provides investment management solutions to both individual and institutional clients. Our team is dedicated to delivering exceptional service and insightful investment strategies.POSITION SUMMARY - OPERATIONS ASSOCIATEWe are seeking a detail-oriented Operations Associate to...

  • Operations Support Specialist

    2 weeks ago

    Chicago, Illinois, United States Zacks Investment Management Full time

    About UsZacks Investment Management is a prominent player in the financial services sector, dedicated to providing exceptional investment management and research services. Our commitment to excellence has established us as a trusted partner for both individual and institutional investors.POSITION SUMMARY - OPERATIONS ASSOCIATEWe are seeking a detail-oriented...

  • Operations Support Specialist

    2 weeks ago

    Chicago, Illinois, United States Zacks Investment Management Full time

    About UsZacks Investment Management is a prominent player in the financial services sector, dedicated to providing exceptional investment management and research services. Our firm prides itself on delivering comprehensive solutions to both individual and institutional investors.POSITION SUMMARY - OPERATIONS ASSOCIATEWe are seeking a detail-oriented...

  • Operational Support Specialist

    2 weeks ago

    Chicago, Illinois, United States Zacks Investment Management Full time

    About UsZacks Investment Management is a leading firm in the financial services industry, dedicated to providing top-notch investment solutions and research. We are committed to delivering exceptional service to our clients, ensuring they have the tools and information necessary to make informed investment decisions.Position Overview - Operations AssociateWe...

  • OBrien Promotes Heather Rucci to Chief Strategy Officer

    2 months ago

    Chicago, Illinois, United States R.J. OBrien Limited Full time

    CHICAGO, January 12, 2023 – Chicago-based R.J. O'Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced the promotion of Heather Rucci to Chief Strategy Officer.Rucci, who has served as the firm's Chief Human Resources Officer since July 2021, will retain oversight of the...

  • Service Support Associate

    2 weeks ago

    Chicago, Illinois, United States RPM Steak Full time

    Job OverviewJoin our team as a SERVICE SUPPORT ASSOCIATEBenefits of Being a Service Support Associate:Dining DiscountsEmployee Wellness Program - Prioritizing Mental Health & Well-beingPaid Time Off for Eligible EmployeesComprehensive Medical InsuranceVision & Dental CoverageLife and Accident InsuranceBenefits for Domestic PartnersRetirement Savings PlanRPM...

  • Operations Support Specialist

    7 days ago

    Chicago, Illinois, United States Robbins Schwartz Full time

    Position Overview:Robbins Schwartz is seeking a skilled Operations Support Specialist to enhance our operational efficiency. This role involves collaborating closely with the Firm Director and other management personnel to ensure seamless operational processes. The ideal candidate will demonstrate a proactive approach, professionalism, and the ability to...

  • Production Support Associate

    7 days ago

    Chicago, Illinois, United States Detroit Quality Staffing LLC Full time

    Job OverviewDetroit Quality Staffing LLC is seeking dedicated production support associates for a thriving automotive operation.Key Responsibilities:Efficiently organize and stock material supplies to fulfill production demands and maintain inventory accuracy.Ensure that assembly areas are adequately supplied with line-side materials.Systematically pick and...

  • Administrative Support Associate

    2 weeks ago

    Chicago, Illinois, United States Ivyhill Technologies LLC Full time

    Ivyhill Technologies LLC Administrative Support RoleLocation: Chicago, ILIvyhill Technologies LLC is on the lookout for an Administrative Support Associate to assist in various operational functions, including supply management, mail handling, document reproduction, meeting coordination, visitor reception, and maintenance of government vehicles. This role...

  • Service Support Associate

    2 weeks ago

    Chicago, Illinois, United States Crescent Services Full time

    At Crescent Services, we pride ourselves on delivering outstanding hospitality experiences that resonate with our guests. Our team is the heart of our operations, and we recognize that our Associates are integral to our success. We foster an environment where you can be your authentic self at work. We celebrate your individuality and support your...

  • Facilities Support Associate

    2 weeks ago

    Chicago, Illinois, United States NAC Inc Full time

    Position Overview:NAC Inc. is seeking a dedicated Facilities Support Associate to become an integral part of our team. We value individuals who are proactive, enthusiastic, and committed to excellence in their work.Work Environment:This role is situated in a dynamic environment where flexibility in scheduling is essential. We are looking for candidates who...

  • Operations Support Specialist

    7 days ago

    Chicago, Illinois, United States Robbins Schwartz Full time

    Position Overview:Robbins Schwartz is seeking a proficient Operations Support Specialist to assist in maintaining an organized and efficient operational framework. This role involves direct collaboration with the Firm Director and other management personnel to ensure the seamless operation of the firm's infrastructure. The ideal candidate will be...

  • Delivery Operations Associate

    6 days ago

    Chicago, Illinois, United States Fifth Wall Full time

    Delivery Operations Associate at Fifth WallWelcome to Fifth Wall, where we are redefining the retail experience. As a leader in the omnichannel market, we provide a unique blend of digital convenience and community engagement. Our mission is to deliver a curated selection of daily essentials, ensuring that our customers receive their orders swiftly and...

  • Delivery Operations Associate

    6 days ago

    Chicago, Illinois, United States Fifth Wall Full time

    Delivery Operations Associate at Fifth WallAt Fifth Wall, we are redefining the logistics landscape. As a leading player in the industry, we specialize in delivering essential goods swiftly and efficiently, ensuring our customers receive the best service possible. Our commitment to innovation is backed by a team of dedicated professionals who strive to...

  • Production Support Associate

    2 weeks ago

    Chicago, Illinois, United States The J. M. Smucker Company Full time

    Your Role as a Production Support AssociateAs a vital member of the Production Team, you will engage in various bakery manufacturing tasks. In this position, you are expected to thrive in a dynamic manufacturing atmosphere, effectively communicate, and collaborate within a team while being adaptable to different responsibilities within the production support...

  • Delivery Operations Associate

    6 days ago

    Chicago, Illinois, United States Fifth Wall Full time

    Delivery Operations Associate at Fifth WallWelcome to Fifth Wall, where we are redefining the logistics landscape. As a leader in the industry, we focus on creating seamless delivery experiences that resonate with our customers and reflect our commitment to innovation. Our mission is to provide a comprehensive selection of essential products, delivered...

  • Service Support Associate

    2 weeks ago

    Chicago, Illinois, United States Osteria Via Stato Full time

    Position OverviewWe are seeking dedicated individuals to join our team as SERVICE SUPPORT ASSOCIATES.Benefits of Joining Our Team:Discounts on DiningEmployee Support Program - Emphasizing Mental Health & WellnessPaid Time Off for Eligible EmployeesComprehensive Medical InsuranceVision and Dental CoverageLife and Accident InsuranceBenefits for Domestic...

  • Administrative Support Associate

    2 days ago

    Chicago, Illinois, United States Norwood Crossing Full time

    Job SummaryNorwood Crossing is seeking a highly organized and detail-oriented Administrative Support Associate to join our team. As a Front Desk Receptionist, you will be responsible for providing exceptional customer service and administrative support to our facility.Key ResponsibilitiesAnswer incoming calls and direct them to the appropriate personnel or...