Compliance Officer - Advisory

Marex is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the commodities, energy and financial markets.

The Group provides comprehensive coverage across five core services: Market Making, Execution & Clearing, Hedging & Investment Solutions, Price Discovery and Data & Advisory. It has a leading franchise in many major metals, energy and agricultural products, executing around 38 million trades and clearing over 193 million contracts in 2021. 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. Marex maintains a strong balance sheet with prudent capital and liquidity positions and has an investment grade credit rating.

Marex was established in 2005 but through its subsidiaries can trace its roots in the commodity markets back almost 100 years. Headquartered in London with 22 offices worldwide, the Group has over 1,100 employees across Europe, Asia and the Americas.

For more information visit www.marex.com

Purpose of Role:

To support the Head of Business Advisory Compliance in ensuring the Marex Group adheres to and operates within its regulatory requirements, remains within stated Marex risk appetites, maintains good conduct, drives a strong culture and positive customer outcomes.

Specific focus on delivering second line oversight of the Listed Derivatives Business activities across the Marex Group including Metals, Commodities (‘Agricultural’), Energy, Financial Futures & Options and Listed derivatives Clearing and Direct Execution businesses (‘the business groups’) by providing advisory compliance support including leading on responses to listed derivative exchange regulatory enquiries.

Participate in broader Group Compliance management initiatives and where required provide support on Compliance matters concerning Marex Group business activities.

Responsibilities:

• Act as the Compliance lead on listed derivative exchange related enquiries. Liaise with business groups to gather the relevant information and manage, investigate and draft responses to such exchange regulatory enquiries, including audit programmes.
• Ensure the timely identification of regulatory change affecting the wider Marex businesses groups ensuring appropriate collaboration across all relevant Support Functions and the Business and assisting the Business with implementing the new regulation in a robust and controlled manner.
• Performing the Compliance review of product/service related materials such as marketing materials, presentations and product brochures are in line with regulatory requirements
• Deliver ongoing compliance support to relevant business groups including the provision of advice on the application of global compliance policies, exchange rules and regulations
• Maintain regular ongoing daily engagement with the relevant Marex business groups including regular documented Business catchups with key business stakeholders
• Supporting compliance team members on reviewing and advising on specific BAU transactions to include advice to business on the application of global compliance policies, exchange rules and regulations.
• Identifying regulatory or reputational risks and escalating to management for resolution.
• Supporting compliance team members on the delivery of timely compliance review and approval of new Business specific initiatives such as new transaction structures, new jurisdictions, new systems, etc and complete (where relevant) Business Change Approval Ctte (‘BCAC’) compliance assessments.
• Working with Legal, Compliance colleagues and other support function staff across the region and in the other regions to advise on and to address any cross-jurisdictional compliance matters.
• Providing SME support to Compliance Assurance colleagues by participating in the annual Compliance Risk Assessment process, and execution of assurance activities as they relate to the business groups.
• Designing, driving and delivering specific desk based thematic reviews.
• Acting as a challenge and control function to the Business on compliance related matters including the Business owned Risk & Control Assessment
• Participating in the development and delivery of annual regulatory training plan for the Business as well as ad hoc trainings, as needed.
• Providing Compliance input to control and regulatory incidents, Internal audits and reviews within the Business.

Competencies, Skills & Experienced Required:

• Skilled at stakeholder management; ability to work closely with multiple internal stakeholders, able to build strong cooperative relationships at all levels.
• Initiative and commitment to excellence – actively and enthusiastically attempt to influence, seek opportunities to originate action, encourage and develop new ideas.
• Ability to think outside the box and provide creative solutions.
• Be able to multi-task, prioritize and work to deadlines in a pressurised environment.
• Strong conduct and culture lens with a focus on good customer outcomes.
• Excellent verbal and written communication skills.
• A collaborative team player, approachable, self-efficient and influences a positive work environment
• Demonstrates curiosity
• Resilient in a challenging, fast-paced environment
• Ability to take responsibility in a fast pace and high-volume environment
• Excels at building relationships, networking and influencing others

Skills and Experience

• Prior Compliance advisory experience from a bank, brokerage or listed derivative exchange, of at least 2 years
• Some knowledge and understanding of regulatory frameworks. Those impacting listed derivatives an advantage.
• Experience in leading and liaising with Exchanges and Regulators an advantage
• Degree educated or equivalent and financial services industry qualifications preferable.

Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

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