Fees Administration Specialist; VN Job Northern Kentucky USA,Finance & Banking

Position: Commission and Fees Administration Specialist (VN3075)
Location: Northern

Commission and Fees Administration Specialist (VN3075)

Chicago, IL,

Operations,

Full-Time

Role Summary

The Commission and Fees Administration Specialist is a member of the day-to-day Operations team.

Overview of Marex/Department description

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.

Overall Responsibilities

Independently work with Investment Banker sand Traders for daily adding, changing, and deleting of commissions and fees with the ability to analyze the changes and adjust the accounts accordingly.
Own daily posting of commission and fee adjustments.
Ensure membership setups are appropriately kept up in the Fees Direct System.
Collaborate with New Accounts department daily to set up new client commission and fee rates in the Fees Direct System.
Investigate issues by following trades from beginning to end to find where the discrepancy lies.
Work with Balancing department on commission and fee charges for transfers.
Read and understand fees schedules from the US and various foreign exchanges.
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 elevate 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

Competencies, Skills, and Experience

Resilient in a challenging, fast-paced environment
Ability to take a high level of responsibility in a fast pace and high-volume environment
Ability to work independently and proactively take ownership of tasks and processes yet understand when to elevate an issue
Excels at building relationships, networking and influencing others
Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience

Minimum of 3 years of exposure to the commodities industry required
An associate or bachelor's degree from an accredited institution
Knowledge of Microsoft Office (with proficient use of Microsoft Excel)
Demonstrated abilityto learn in-house computer system XTP and Fees Direct along with various vendor software, EFS, and FIA DOCS
Excellent verbal and written communication skills
Strong organizational skills and detail oriented
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this

Company Values Conduct Rules

Acting as a role model for the values of the Company:

Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.

Integrity - Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do – our clients expect this, and we demand it of ourselves.

Collaborative - We work in teams - open and direct communication and the willingness to work hard and…