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.
The Treasury Operations department manages the company's financial resources in order to help meet the company's business objectives. This includes making effective use of cash and other financial instruments, and ensuring enough cash is available for upcoming obligations.
Role Summary
This role is within Marex’s Group Treasury Operations department. This role will include coverage of all daily tasks undertaken by the Treasury Operation Team, including Cash Management, Reconciliations, Payments, Exchange & Bank Reconciliations, Client Money Reconciliation, General Ledger Postings and Systems Administration. The Treasury Operations department covers all aspects of Cash Management, Securities Settlements & Reconciliations, Payments, Exchange & Bank Reconciliations, Client Money Reconciliation.
Overall Responsibilities
As part of the Treasury Operations team covering:
- Daily cash management of APAC bank accounts
- Processing and control of all payments and Treasury related products
- Management of Exchange (SGX, ASX, HKEX), Broker, Counterparty and Client Payments
- Daily and monthly Nostro reconciliations and investigations
- Reconciliation of FX balances and processing of daily FX settlements
- Daily reconciliation of Term Deposits and Non-Cash Collateral held with Clearing Houses/Exchanges
- Client SSI set-up and ongoing management
- Escalation point of contact for all queries received relating to cash management and payment queries.
- Performance of the daily client money reconciliation.
Competencies, Skills and Experience
Competencies
- 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
- 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
- Awareness of Client Money regulations
- In depth knowledge of daily cash management processes
- Knowledge of payment systems and processes including SWIFT (MT103, MT202 and so forth)
- Treasury operations experience including Money Market and FX settlements experience
- Nostro reconciliations and investigations experience
- Ability to work to deadlines, a high level of accuracy and attention to detail
- Ability to work in pressurized situations, prioritizing workload
- Good communications skills to deal with both internal and external contacts
- An understanding of Futures and Options Products and Reconciliations
- Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
- Providing coverage for other Operation teams daily deliverables, including futures clearing.
- Understand the flow of data from back office systems through to the General Ledger, and the effects of the cash flows on Liquidity
- Deliver improvements and drive efficiencies across Treasury Operations processes and controls
- Ensuring compliance with the company’s regulatory requirements.
- 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 the 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
Company Values
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 collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.
Developing our People - Our people are the basis of our competitive advantage. We look to “grow our own” and make Marex Spectron the place ambitious, hardworking, talented people choose to build their careers.
Adaptable and Nimble - Our size and flexibility is an advantage. We are big enough to support our client’s various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.