Junior Trader, Swaptions

Marex • New York, NY

85d • $70,000 - $90,000

About The Position

Marex is seeking an ambitious and proactive individual in an early career level position with the ability to work autonomously, and also as part of a team. This individual will provide support to senior brokers with market color, orders, and post-trade analysis. 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 business administration, finance, economics, and/or a related field preferred.
• Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this business.
• Seeking between zero and three (0-3) years’ experience on a trading desk, particularly in the swaps markets.
• Proactive mindset in keeping up to date with market research and incorporating into role efficiently.
• Analytical skills, identifying opportunities and risks in a quick and decisive manner.
• Comprehensive knowledge of the financial service markets and relevant regulatory requirement.
• Series 3 preferred or ability to study for and successfully pass within 3 months of hire.

Responsibilities

• Analyze financial data and market microstructure for patterns.
• Contribute to Swaptions product trading capability to support liquidity for clients.
• Perform post-trade analysis.
• Work with senior traders to acquire in-depth knowledge of financial markets, modeling, and risk management.
• Assist Senior Traders with order pricings and order management.
• Proactively review trade flow and middle/back-office processes to create efficiencies.
• Ensure compliance with the company’s regulatory requirements under the SEC, FINRA, CFTC, NFA 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.

Benefits

• Salary Range: $70,000 to $90,000 per year and eligible for discretionary bonus.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Bachelor's degree
• Number of Employees: 1,001-5,000 employees