Fixed Income Operations Analyst - VN2859

Marex • New York, NY

2d • $70,000 - $90,000 • Onsite

About The Position

Marex is seeking a Fixed Income Operations Analyst to support the 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 and grow. This role involves taking on leadership responsibilities, including supervising daily team tasks, overseeing junior team members, and driving process improvement. The candidate will build relationships with internal and external clients, acting as a subject matter expert, and staying current with industry developments. Marex offers unique market access and a technology-led service. The Ops team supports the full lifecycle of fixed income products, with a significant portion of daily functions outsourced to the Broadridge Manager Products Team. Marex retains ultimate accountability for all output, making supervision of the Broadridge team's work crucial. The team emphasizes cross-training and a strong control framework, ensuring all functions can be performed by multiple employees and that controls are continuously evaluated for improvement.

Requirements

• At least 1-3 (one to three) years’ fixed Income experience required.
• Broadridge Impact & Pershing NetX360 experience required.
• 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.
• 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.
• FINRA Series 99 or willingness to acquire preferred.
• Working knowledge of one or of all the following systems: Pershing NetX360, Broadridge (Impact, FinPro, BPS), Bloomberg TOMS, FINRA TRACE.

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.
• The Company may require you to carry out other duties from time to time.

Benefits

• Company Values: Acting as a role model for the values of the Company: Respect, Integrity, Collaborative, Developing our People, Adaptable and Nimble.
• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level