Trading Desk Specialist - XFA - VN2623

Marex•Chicago, IL

9d•$85,000 - $125,000

About The Position

Marex is seeking a Trading Desk Specialist supporting our XFA business. This individual will need to be a highly analytical thinker with strong interpersonal and communication skills and ability to work in a fast-paced trading floor environment while supporting large trade orders and providing accurate information to clients. Series 7 or 57 license is required. 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. X-FA, a division of Marex, serves as our customer’s agent throughout the institutional trade execution process and is the largest floor broker team on the Chicago Board Options Exchange (Cboe). With X-FA, customers benefit from access to deep liquidity pools from market maker groups, proprietary trading units and investment banks. Operating across three continents our clients include global financial services firms, hedge funds, and institutional investors as well as commodity trading advisors (CTAs) and market makers. X-FA provides anonymity through our vast channels of liquidity both electronically and open outcry.

Requirements

Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Analytical skills.
Problem solving skills.
Excellent verbal and written communication skills.
Required to obtain Series 7 within 6 months of hire.
Bachelor's degree preferred.

Nice To Haves

Coding skills-VBA/Python, ability to adapt and build your own tools is a plus

Responsibilities

Responsible for agency trading, handling large customizable option orders, and soliciting market liquidity.
Batch orders and build tools to deliver quick and accurate information to customers.
Responsible for monitoring the back side trading and ensure trades are reconciled without any breaks.
Handle position reconciliation and maintain reports for trade positions.
Act as a liaison between brokers, traders, and dealers to ensure trading and operations run smoothly.
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.