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 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

Purpose of Role:

The FCM Operations Support Analyst is a member of the day-to-day operations team. Areas of focus include Reconciliations, Position Transfers, 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:

  • Participate in daily and monthly deliveries in accordance with exchanges rules.
  • Gather intentions from clients of approaching delivery periods.
  • Collaborate with the Risk department as expiration approaches.
  • With oversite confirm reportable dates and positions with the various exchanges throughout the delivery period.
  • Enter daily cash entries to client accounts and the G/L ensuring postings are reconciled daily to the exchange.
  • Assist in the accurate update of static data in the back-office systems used for delivery processing.
  • Ensure T+1 Trade, Position & Variation Margin reconciliations for all futures and options exchanges, including third party clearing brokers, are efficiently processed.
  • Accurately report T and T+1 positions to the Exchanges and Regulators.
  • Adjust positions on T and T+1 with exchanges as needed.
  • Participate in weekly option expiration cycles.
  • Develop good relationship and learn 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.
  • 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 perform other duties from time to time.

Competencies, Skills, and Experience:

Competencies

  • Demonstrates curiosity.
  • Resilient in a challenging, fast-paced environment.
  • Ability to take an elevated 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 Experiecne

  • Understanding of Listed Futures & Options.
  • Zero to two (0-2) years of clearing experience is preferred.
  • Knowledge of reconciliation and accounting practices
  • Knowledge of XTP Back Office system preferred but not required.
  • Basic Microsoft Excel skills required
  • Bachelor's degree required
  • Strong verbal and written communication skills
  • Experience working in a regulated environment and entry level 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 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...

  • 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...

  • Sanctions Systems Analyst

    2 days ago

    Chicago, Illinois, United States Interactive Brokers Full time

    Job DescriptionJob Title: Sanctions Systems AnalystJob Summary:Interactive Brokers is seeking a highly motivated and detail-oriented Sanctions Systems Analyst to join our team in Chicago. As a Sanctions Systems Analyst, you will play a critical role in ensuring the firm's compliance with relevant sanctions laws and regulations.Responsibilities:Oversight and...

  • Sanctions Compliance Analyst

    4 days ago

    Chicago, Illinois, United States Interactive Brokers Full time

    Job DescriptionJob Summary: We are seeking a highly motivated and detail-oriented Sanctions Compliance Analyst to join our team at Interactive Brokers in Chicago. As a key member of our Sanctions team, you will play a critical role in ensuring the firm's compliance with relevant sanctions laws and regulations.Responsibilities:Oversight and testing of the...

  • Business Data Analyst

    2 months ago

    Chicago, Illinois, United States Clear Street Full time

    About Clear Street:Clear Street is modernizing the brokerage ecosystem. Founded in 2018, Clear Street is a diversified financial services firm replacing the legacy infrastructure used across capital markets. We started from scratch by building a completely cloud-native clearing and custody system designed for today's complex, global market. Our platform is...

  • Investment Operations Business Analyst

    4 days ago

    Chicago, Illinois, United States Analytic Recruiting Full time

    Job Title: Business Analyst - Investment OperationsJob Summary:Analytic Recruiting is seeking a highly skilled Business Analyst to support the investment operations and business processes of our clients. As a Business Analyst, you will work closely with our clients' business units to understand their requirements and provide continuous support for their...

  • Business Operations Analyst

    2 weeks ago

    Chicago, Illinois, United States V15P1TALONNN Full time

    Become a Key Player as a Business Operations AnalystAbout V15P1TALONNN:V15P1TALONNN is a pioneering organization in the realm of human capital management solutions, dedicated to redefining the landscape of work. We take pride in our consistent recognition as one of the Most Admired Companies globally, thanks to our innovative strategies and unwavering...

  • Sanctions System Analyst

    4 weeks ago

    Chicago, Illinois, United States Interactive Brokers Full time

    About INTERACTIVE BROKERSThis is a hybrid role (three days in the office/two days remote). Interactive Brokers Group has been consistently at the forefront of trading innovation, starting with the invention of the first floor-based handheld computer in 1983. We pride ourselves on being primarily a technology company and challenging the status quo. We push...

  • Field Support Analyst

    1 month ago

    Chicago, Illinois, United States Network Coverage Full time

    Job descriptionWho we are:Network Coverage is a best-in-class technology solutions provider specializing in IT managed services, cybersecurity, compliance, cloud enablement, digital transformation and software development for mid-market and enterprise organizations. Our comprehensive technology solutions and operational excellence allow clients to focus on...

  • Financial Operations Analyst

    2 weeks ago

    Chicago, Illinois, United States University of Illinois Full time

    UNIVERSITY OF ILLINOIS FOUNDATIONis seeking a qualified candidate for the position of Investment Operations AnalystThe University of Illinois Foundation serves as the official organization for fundraising and private gift management within the University of Illinois System. Renowned for its excellence in research, education, and community engagement, the...

  • Investment Operations Analyst

    7 days ago

    Chicago, Illinois, United States University of Illinois Foundation Full time

    UNIVERSITY OF ILLINOIS FOUNDATION is seeking a qualified candidate for the position of Investment Operations Analyst The University of Illinois Foundation serves as the official fundraising and private gift-receiving entity for the University of Illinois System, recognized for its excellence in research, education, and community engagement. The Foundation...

  • Senior Operations and Support Analyst

    4 weeks ago

    Chicago, Illinois, United States Federal Reserve Bank of Chicago Full time

    CompanyFederal Reserve Bank of ChicagoAs the Senior Operations and Support Analyst, you will lead and control complex analysis for Cash Operations and implement solutions that improve the quality of services delivered leading efforts to integrate, test, and implement solutions to achieve desired results. You will direct multiple intermediate to large...

  • Technical Support Analyst

    2 weeks ago

    Chicago, Illinois, United States American Library Assoc. Full time

    The American Library Association is in search of a skilled Technical Support Analyst to join its IT team. This position is pivotal in delivering technical assistance and support to ALA staff members regarding their computing devices and audio-visual equipment used in conference rooms, ensuring seamless operation and enhancing the overall user experience....

  • Financial Operations Analyst

    2 weeks ago

    Chicago, Illinois, United States Hinshaw & Culbertson Full time

    FINANCIAL SYSTEMS ANALYSTLocation: Flexible and in any state where the firm has an office.Hinshaw & Culbertson LLP, a prominent national law firm, is seeking a dedicated full-time Financial Systems Analyst. We provide competitive remuneration and a comprehensive benefits package along with a 35-hour work week.Position Overview:As a meticulous and analytical...

  • Senior Media Operations Analyst

    7 days ago

    Chicago, Illinois, United States Publicis Groupe Full time

    Job OverviewCompany Overview:Publicis Groupe operates in over 100 countries and employs nearly 80,000 professionals, making it the third largest communications conglomerate globally. Listed on the Euronext Paris and part of the CAC 40 index, Publicis Groupe provides a comprehensive and integrated model that grants clients access to all the Groupe's tools and...

  • IT Support Operations Coordinator

    7 days ago

    Chicago, Illinois, United States Metropolitan Water Reclamation District of Greater Chicago Full time

    IT Support Coordinator Position at Metropolitan Water Reclamation District of Greater Chicago Overview Under general supervision, the IT Support Coordinator is responsible for managing the support of computer systems within the organization. This role involves prioritizing requests, delegating tasks to staff, and maintaining comprehensive records of...

  • IT Support Operations Coordinator

    2 weeks ago

    Chicago, Illinois, United States Metropolitan Water Reclamation District of Greater Chicago Full time

    IT Support Coordinator Position at Metropolitan Water Reclamation District of Greater Chicago Overview Under general supervision, the IT Support Coordinator is responsible for managing the support of computer systems within the organization. This role involves prioritizing requests, delegating tasks to staff, and maintaining comprehensive records...

  • Business Operations Analyst

    4 days ago

    Chicago, Illinois, United States BCforward Full time

    About the RoleWe are seeking a highly motivated Business Analyst to join our team at BCforward. As a Business Analyst, you will play a critical role in supporting our clients' business operations by analyzing and improving their financial systems and processes.Key ResponsibilitiesGather and catalog functional, non-functional, and technical requirements for...

  • Market Operations Analyst

    2 weeks ago

    Chicago, Illinois, United States DRW Full time

    Market Operations Analyst Job Location: Chicago Employment Type: Regular Department: Operations DRW is a leading trading firm with over three decades of expertise in integrating advanced technology with talented individuals to engage in global markets. We prioritize independence and the agility to swiftly adapt to seize opportunities, operating...

  • Market Operations Analyst

    2 weeks ago

    Chicago, Illinois, United States DRW Full time

    Market Operations Analyst Job Location: Chicago Employment Type: Regular Department: Operations DRW is a multifaceted trading organization with over 30 years of expertise in merging advanced technology with talented individuals to engage in global markets. We prioritize independence and the agility to swiftly adapt to seize opportunities,...