Head of FCM Compliance - VN2549

Marex•Chicago, IL

17d

About The Position

Marex is seeking a Head of FCM Compliance to join their office in Chicago. The role will primarily focus on the FCM (Futures Commission Merchant ) as well as related Introducing Brokers (IBs) & Guaranteed Introducing Brokers (GIBs). The individual will manage a team of 1 – 4 compliance officers and should be adaptable working in a matrix organization. Excellent written and verbal communications skills are required. In addition, previous leadership experience is strongly preferred. 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. In the ever-evolving financial landscape, Compliance has become increasingly complex. Marex must navigate a wide range of regulatory requirements to maintain licenses and protect Marex’s reputation. Compliance and Compliance Officers play a crucial role in ensuring that all activities are conducted in accordance with the law. Compliance Officers monitor transactions, conduct regular audits, train employees on regulatory requirements, and implement policies and procedures to minimize non-compliance risks. Compliance efforts are instrumental in fostering a compliant culture within Marex and ensuring that all employees understand their responsibilities. Furthermore, Compliance is a bridge between Marex and regulatory authorities. Compliance is responsible for responding to inquiries, providing necessary documentation, and cooperating with regulatory examinations and investigations. This collaboration is essential in maintaining a healthy and transparent relationship between Marex and regulatory bodies.

Requirements

At Least ten (10) years of Financial Industry experience in a legal or compliance role
Bachelor’s Degree in Finance, Economics, Business, or other related field.
Experience managing a team.
Expertise working with and / or in FCMs (Futures Commission Merchants ), Introducing Brokers (IBs), & Guaranteed Introducing Brokers (GIBs) expertise.
Ability to work in a matrix reporting organization.
Excellent written and verbal communications skills.

Nice To Haves

Pervious Compliance Experience within a FCM (Futures Commission Merchant )
JD or other graduate degree (Master's)

Responsibilities

Collaborate to ensure Compliance Calendar deadlines are achieved.
Manage a team for 1 – 3 FCM Compliance Advisory team members.
Responsible for US FCM BCACs
Responsible for FCM related regulatory inquiries and/or examinations.
Responsible for FCM Management Organizational Charts.
Responsible for FCM Management Procedures.
Responsible for FCM Business Questions.
Align team of Advisory Compliance team members to Business lines.
Manage the Desk Head relationships.
Ensuring compliance with the company’s regulatory requirements under the NFA, CFTC and 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.