Business Management Associate

Marex Spectron; London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services platform seeks a candidate for a role in the Solutions COO team. This opportunity involves supporting strategic initiatives and optimizing operations within investment banking, ideal for those early in their career looking to gain experience in structured products and business management.

Qualifications

• 2-3 years in financial services, preferably in derivatives.
• Strong analytical and problem-solving skills.
• Excellent MS Office and coding skills preferred.

Responsibilities

• Deliver new business initiatives, including project management.
• Optimize operation and review processes for enhancement.
• Prepare reports on business performance and compliance.

Skills

Analytical skills

Problem-solving skills

Organization

Communication

Team player

Tools

MS Office (Excel)

VBA

Python

Job description

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Marex Group plc is a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets. It listed on Nasdaq Global Select Market in April 2024. With more than 35 offices in Europe, US and APAC, it 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 Solutions department has some of the most experienced teams in the world, specialising in the manufacture and distribution of customised derivative products on Equities, Commodities, Credit, FX, Funds, Fixed Income and Digital Assets. These products are distributed to customers through two specialist channels: Risk Management and Financial Products.

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Role Summary

Marex Solutions is a division of Marex providing investment banking solutions with a fintech mindset. We aim to become the world’s leading manufacturer of cross asset, customised derivatives.

The Solutions COO team plays a critical role in ensuring operational efficiency and strategic execution of business initiatives. Supporting the Solutions COO team to manage the Solutions business, you will play a key role in shaping and delivering the strategy for the Solutions business and building the operational infrastructure to support with its growth.

Working alongside COO and Sales/Trading teams, you will be supporting with delivery of projects related to enhancement of the Solutions product offering, its global footprint and the risk/control framework, enabling the business to continue to grow sustainably. As a liaison between the Solutions business and Support & Control functions of the wider group, you will also be a key contact and go-to person for both divisions.

This role is an excellent opportunity for an individual in the early stages of their career to build on their experience in financial services in a COO setting to develop expertise in Structured Products and Business Management. You will be involved in a range of tasks and projects, with responsibility to support the Solutions COO team across the following key areas:

• Delivering new business initiatives, including through project management, planning and execution.
• Optimising operation of the business, including through review of existing processes and controls, identifying opportunities for enhancement via automation and technology.
• Enabling management to effectively monitor and steer the business by preparing reports covering MI, KPIs and KRIs across business performance and risk/compliance matters.
• Executing day-to-day operational tasks and processes to support the business, such as responding to queries from Sales/Trading and Support & Control, preparing materials for management committees, and managing/updating business procedures and other documentation.
• Delivering key new in-house build technology platforms as well as other third-party systems.

Responsibilities

Your role will support the Solutions COO team across the following:

• Delivering strategic and tactical projects that are critical for the Solutions business:Establishing project plans, identifying scope, workstreams and stakeholders.Project management, including tracking of progress and ongoing status updates.Ownership of deliverables and leadership of workstreams.
• Effective communication with key stakeholders.
• Cooperating closely with Support & Control teams and the Business to complete tasks and projects on schedule and clearly communicate progress.
• Undertaking initiatives and tasks related to the Solutions governance, risk and control framework in collaboration with subject matter experts from Legal and Compliance, including maintenance of the product governance framework.
• Reviewing operational processes and controls to identify opportunities to enhance their effectiveness and efficiency, including through automation and technology.
• Monitoring KPIs/KRIs and prepare regular reports and MI covering business performance and the governance, risk and control framework to enable management to effectively monitor and steer the business.
• Developing materials and packs to facilitate Solutions governance committee meetings.
• Coordinating and managing operational processes to ensure efficiency and compliance, including maintenance of the cross-border framework, enhancement of business procedures, and execution of key controls.
• Reviewing the Solutions cost base and budget, including support with initiating and implementing measures to control and reduce them in a sustainable manner.
• Supporting with initiatives to ensure the business is conducted in accordance with local and general regulatory rules.
• Ensuring that compliance and other compulsory trainings are up to date.
• Ensuring clear communication to manager.

Skills and Experience

• 2-3 years of experience* in a Front Office, Risk/Regulatory or Management Consulting role within financial services (preferably working in a field related to derivatives/structured products).
• Very strong analytical and problem-solving skills, preferably with familiarity with data analysis.
• Excellent MS Office skills (incl. Excel), preferably also other coding skills (, VBA or Python).
• Strong organizational skills with meticulous attention to detail.
• Excellent verbal and written communication skills.
• Self-starter with a proactive mindset, demonstrating curiosity and ability to quickly grasp new concepts.
• Ability to work both independently and as a strong and collaborative team-player, influencing a positive work environment.
• Resilient in a challenging, fast-paced environment with ability to work effectively under pressure.
• Excels at building relationships and networking.

Conduct Rules

You must:

• Act with integrity
• Act with due skill, care and diligence
• Be open and cooperative with the FCA, the PRA and other regulators
• Pay due regard to the interests of customers and treat them fairly
• Observe proper standard of market conduct

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 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.

*Experience outside of the indicated range will also be considered

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