Business Manager - Capital Markets - VN2245

Marex•New York, NY

About The Position

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: Marex is seeking a Business Manager - Capital Markets who will be be supporting the COO, Capital Markets US to establish the frameworks and controls around the Capital Markets Business and to drive improvement within existing and new processes. This role will assist in being a key driver for any change initiatives and new business initiatives for the Capital Markets business, with responsibility for the clear definitions of delivery plans and targets, enabling effective and controlled growth and integrating expansion opportunities when they arise. As a liaison between the Capital Markets business and Control & Support functions of the wider group, the Business Manager will be a key contact and go to person. 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. Capital Markets is Marex’s largest division, serving a wide range of clients with ever-increasing product scope and coverage. The Capital Markets division provides liquidity and hedging solutions in equities, credit, financing, FX and rates, and our execution platform encompasses electronic orders via most global trading venues, direct access to exchanges where required, intelligent arbitrage and risk minimization across a broad range of liquidity pools.

Requirements

Competencies Consistently demonstrates and role models the desired values and behaviours as set out in the Company vision and values statements.
Takes ownership of processes & tasks.
May supervise day-to-day work of junior level employees but will not typically have formal management role.
Individual is expected to be subject area expert in one (or more) specific skill sets, business areas or products.
Proven experience in designing and delivery of one or more specific daily or regular process.
May have external exposure as a representative of Company or as an industry expert.
Primary focus of role is on day-to-day deliverables, developing solutions based upon subject expertise and occasionally representing the relevant department at a broader level across the group.
Provision of professional support to the Management & Oversight of the efficient and effective delivery of all processes and projects within the relevant department and sub-departments.
Ensure effective delivery of processes and project deliverables to the business and broad Company group.
Self-motivated, confident, and resilient - able to strive within a profitability driven environment.
Strong project management skills.
Ability to thrive in a fast-paced, regulated environment.
Skills and Experience Bachelor’s degree in Finance, Economics, or Business Administration; MBA preferred.
At leaset 8 (eight) years of Capital Markets product experience with strong knowledge of Rates, Equities, Equity derivatives, FX and Financial Future.
Diligent, accurate and process-driven in attitude to carrying out work.
Strong relationship builder, particularly with finding out information or initiating actions.
In-depth understanding about the front to back processing of Capital Markets products
In depth understanding of the applicable governance, legal and regulatory frameworks relevant to these products
Has managed several change initiatives related to these products
Excellent stakeholder management skills with proven ability to lead cross-functional projects and manage complex initiatives.
Excellent PowerPoint, Excel and Power BI skills; ability to create clear and compelling visual materials
Experience working with senior stakeholders and handling confidential, strategic information.

Nice To Haves

Experience of using AI tools to optimise reviews and processes preferred.
Entrepreneurial and leadership skills will be highly considered.
Series 3 and/or SIE/7 strongly preferred, or ability to take exams within initial 6 months after hire.

Responsibilities

Assisting with delivering new business initiatives, following and improving the groups change process, such as:
Assisting in challenging new business initiatives to ensure they are aligned with business Strategy and sensible from a cost/ benefit perspective.
Responsible for the effective communication with key stakeholders.
Responsible for establishing Project plans, identifying scope.
Creating, reviewing and improving existing MI and KPIs to effectively monitor and steer the business.
Assisting with creating transparency around costs and budgets and driving efficiencies and cost reductions and proactively trying to rationalise costs, where possible.
Assisting with driving change for the Capital Markets team by establishing new processes, reviewing existing ones and identifying enhancement
Supporting the assessment and rationale of existing and new platforms
Ensuring the business is conducted in accordance with local and general regulatory rules.
Create and deliver high-quality presentations and briefing materials for senior executives, Board meetings, and governance committees.
Analyse financial and operational data, including broker and desk P&Ls, direct costs and indirect cost allocations to identify trends, opportunities, and risks
Ensuring that compliance and other compulsory trainings are up-to-date.
Ensuring clear communication to manager and escalation where necessary
Cooperating closely with support teams and the business to complete tasks and projects.
Promoting innovation and work on idea generation.
Delivering strategic and tactical projects and plans to improve the current operating model
Ensuring effectiveness and efficiency of operational processes, focusing on driving improvement.
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.