Operational Risk Manager - VN

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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.

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The Operational Risk Manager is responsible for assisting the Firm in identification, evaluation, control testing, and management of operational risk, whilst supporting risk strategy and driving proactive operational risk culture. The role assists in the implementation of the Operational Risk Management Framework in North America, a priority of the region. This is a key role where the development of successful and supportive relationships with key stakeholder across several business disciplines is required.

• Risk representative for Operational Risk in the region, point person for Operational Risk matters in the US.
• Risk and Control Assessment:
  Facilitate risk and control assessments to identify potential risks and implement effective controls, validating remediation of operational risk exposure and related control gaps.
• Governance:
  Contribute in and create reporting materials for governance forums, ensuring comprehensive oversight and identification of operational risk trends.
• Risk Reporting:
  Preparing and presenting detailed risk reports / dashboards / metrics to senior management and stakeholders, highlighting key risk areas and recommended actions.
• Trend Analysis:
  Identify and analyse operational risk trends, using internal and external data, to inform strategic decision-making and remediate potential gaps.
• Continuous Improvement:
  Providing thoughtful and collaborative leadership promoting risk transparency and business unit-level ownership and accountability over operational risk and control environments, fostering continuous improvement.
• Risk Aware Culture:
  Promoting Marex’s risk aware culture, serving as the subject matter expert on operational risk initiatives. Identifying, initiating, and fostering relationships with business and operational partners, including second- and third-line assurance functions, to promote a culture of continuous improvement, driving constructive communication with the ORM team.
• Risk Register Buildout:
  Work with business areas in the region to build out Risk Registers and end-to-end process mapping, working to provide accurate reflection of information and challenge where appropriate.
• Control Evaluation:
  Develop and evaluate the design and effectiveness of controls and provide timely and in-depth analysis to Senior Management. This includes challenging management actions to remediate control gaps or weaknesses and track through to closure. Ensure accurate reflection of risk and control information within Risk Registers by providing rigorous challenge where appropriate.
• Risk Event Management:
  Conduct root cause analysis, monitor and report on Risk Events and Operational Losses escalating to management appropriately, and actively supporting business areas in the lessons learnt.
• Broker Error Management:
  Daily management of Broker Losses and reporting to help drive down total value, volumes and learn lessons.
• 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…