Futures Brokerage Analyst - VN2678

Marex•Chicago, IL

6d•$65,000 - $80,000

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 Futures Brokerage Analyst role is to assist in ensuring the accuracy of the firm’s Give Up Receivables and Payables and to help improve the turnaround time of these amounts. Manage processes AP/AR in both CME Give Up Payment System (GPS) and FIA Tech Atlantis payment systems. Asist with Aged Collection. 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.

Requirements

Bachelor’s degree in accounting or finance.
Proficient with computers and applicable software, especially Excel.
Futures Industry knowledge.
Experience with GPS, BPS, and Atlantis.
Attention to detail and organizational skills.
Excellent verbal and written communication skills
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this

Responsibilities

Reconcile the firm’s execution Billing System, People Soft (PS) to amounts settled in the Give Up Payment System (GPS) and FIA-Tech Atlantis.
Manage aged debt collection efforts for the U.S. entities.
Verify trades for payment, allocate payments for coding in People Soft (PS).
Review existing departmental policies and procedures, and institute updates where needed.
Assist the team with the various ongoing audits (Internal, Regulatory, External) by compiling requested information on a timely basis and communicating responses in a prompt and effective manner.
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.