Fixed Income Operations Analyst - VN2859

Marex•New York, NY

4d•Onsite

About The Position

Marex is seeking a Fixed Income Operations Analyst to support its Credit, Rates, MBS, Repo, Fixed Income Prime Brokerage, and Customer Clearing businesses, primarily on the Broadridge and Pershing platforms. The Operations Team is looking for an individual with experience in the Fixed Income space and the drive to learn continuously. This role will involve taking on leadership responsibilities, including supervising and approving daily team tasks, overseeing junior team members, and driving process improvements. The candidate will also build relationships with internal and external clients, acting as a subject matter expert and staying updated on industry developments. Marex offers unique market access and a technology-led service. The Ops team supports full life cycle events for all fixed income products, and while some functions are outsourced to Broadridge, Marex remains accountable. Cross-training is emphasized within the team, ensuring multiple employees can perform any given task. The team also places a strong emphasis on its control framework and continuous improvement.

Requirements

At least 1-3 (one to three) years’ fixed Income experience required.
Broadridge Impact & Pershing NetX360 experience required.
Experience supporting both Fixed Income trading of corporate bonds and US treasuries.
Understanding of and experience with Fixed Income Prime Brokerage.
Experience with Fedwire, DTCC clearing, and international settlements.
Working knowledge of one or of all the following systems: Pershing NetX360, Broadridge (Impact, FinPro, BPS), Bloomberg TOMS, FINRA TRACE.
Excellent verbal and written communication skills.
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.

Nice To Haves

Bachelor’s degree is strongly preferred.
Understanding of trade life cycle events strongly preferred.
FINRA Series 99 or willingness to acquire preferred.

Responsibilities

Work closely with the Front Office to ensure accurate processing of all credit and rates trading activity.
Monitor and resolve customer unaffirmed trades, street-side breaks, and failed trades.
Understand and oversee team processes and identify areas for increased efficiency.
Track, resolve and UAT test issues or new projects across internal systems and vendor systems.
Assume responsibility for handling transactions, process or analyse In their area of expertise, and can resolve or recommend resolution to issues
Research and resolve position breaks and allocation discrepancies.
Monitor Bank Cash Screens (BNY Fedwire) and GSCC/FICC Clearing for US Treasuries.
Support all aspects of Fixed Income Prime Brokerage activities – customer cash projections, settlements, trade processing, and setup.
Work with onboarding and trading on setting up and managing customer setups across various platforms.
Review and execute daily controls across credit and rates vendor systems.
Process and track credit corporate bonds conversion requests.
Work closely with customers and Pershing to support corporate credit trading to resolve settlement and corporate action related breaks.
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 require
To escalate risk events immediately
To provide input to risk management processes, as required.