Business Development, Global

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.

Marex is seeking an experienced, strategic, diligent, ambitious, and proactive individual, responsible for a portfolio of Global Payments products. Intermediate level position with the ability to work autonomously, and also as part of a team and directly engage with clients. Commercial ability to maintain good relationship with clients and find new ones to bring flow.

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.

Responsibilities:

• Set up operational procedures for Operations department for FX Settlements and Cross Border payments
• Help Technology and Product teams to implement solutions for the cross border payments products
  • Hire and develop a payments operations team covering following aspects:
  • FX Spot Trade capture, confirmations and Settlements,
  • Payments processing – repair, approval of payments,
  • Payment routing function – selection of method payment, monitoring cutoff time,
  • P&L calculation verification.
  • Reconciliation of nostro accounts.
  • Investigation of missing/delayed payments, customer queries.
  • Monitoring of credit lines and sanction screening queues.
• Help set up compliance, financial crime and fraud detection and AML processes and procedures
• Act as an Operations liasion with critical client
• Open and maintain accounts with correspondent banks and funding banks
• 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.

Competencies, Skills and Experience:

• Excellent verbal written and communication skills.
• A collaborative team player, that is approachable, self-efficient and influences a positive work environment.
• Ability to take a high level of responsibility.
• Excels at building relationships, networking and influencing others
• Resilient in a challenging, fast-paced environment
• Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience:

• At least
  12 (twelve)’ of experience in managerial positions in FX-Payments business with a fintech or bank.
• Must be fluent (Read, Write, Speak) in English and Spanish. Portuguese fluency is a plus.
• Detailed knowledge of payments workflows for cross border payments, FX Trading and FX settlements, Compliance, AML and Onboarding processes.
• Thorough knowledge of…