Head of Clearing Technology

TN United Kingdom; London; On-site; GBP 60,000 - 100,000; Full time

Job summary

An established industry player in financial services is seeking a Head of Clearing Technology to lead technology services for their clearing operations. This pivotal role involves collaborating with senior stakeholders to define requirements, manage development functions, and optimize technology stacks. The ideal candidate will possess deep knowledge of FCM and Clearing products, along with strong vendor management and project delivery skills. Join a dynamic team committed to innovation and excellence in a fast-paced environment where your contributions will directly impact the business's success.

Qualifications

• Experience in financial institutions with FCM and Clearing products.
• Strong vendor management and project delivery experience.

Responsibilities

• Identify and support strategic technological directions for Marex Clearing.
• Oversee project delivery, ensuring timeliness and budget adherence.

Skills

Deep knowledge of FCM and Clearing products

Experience with vendor systems like ION, Broadridge

Vendor management

Project delivery experience

Product development in Agile

Stakeholder management

Excellent communication

Delivery focus

Architecting secure infrastructure

Tools

Microsoft Technologies

Cloud services

Job description

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

The Group offers comprehensive coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions, and Agency and Execution. It has a leading presence in metals, energy, and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group serves major commodity markets, including producers, consumers, traders, banks, hedge funds, and asset managers.

Established in 2005 with roots extending nearly 100 years in the commodity markets through its subsidiaries, Marex is headquartered in London with 36 offices worldwide and over 1,800 employees across Europe, Asia, and America.

For more information, visit our website.

The Technology Department ensures differentiation, scalability, and security, reporting to the COO. It delivers digital tools, software services, and infrastructure globally. Teams work in agile streams aligned to business areas, providing enterprise-wide services like global service desk, network, system infrastructure, IT operations, security, enterprise architecture, and design.

The Business Technology function collaborates with each Marex business area to optimize technology stacks, prioritize strategic roadmaps, and manage the software delivery lifecycle. Each team is aligned with a business division and works with development and support teams, supported by a global implementation team.

Based in London, the Head of Clearing Technology will oversee technology services for Marex Clearing, responsible for the FCM offering, providing clearing and execution services for commodities, financial futures, and options. The role has a global remit, interacting with UK and US clearing teams.

This role involves working closely with business owners and senior stakeholders to define requirements, and managing development and support functions with dual reporting lines. The role will prioritize and deliver services in alignment with business needs, managing team size and composition to meet service expectations and strengthen client relationships.

Responsibilities:

1. Identify and support strategic technological directions for Marex Clearing.
2. Support budgeting and forecasting activities.
3. Build and communicate delivery roadmaps.
4. Optimize the Technology footprint for cost-effectiveness.
5. Work with senior stakeholders to prioritize delivery and service.
6. Ensure alignment with Technology Strategy and standards.
7. Innovate with new solutions and evaluate third-party products.
8. Create initiatives and manage projects with clear acceptance criteria.
9. Oversee project delivery, ensuring timeliness and budget adherence.
10. Prioritize business requirements and provide status updates.
11. Ensure infrastructure and systems are of production quality and well-documented.
12. Maintain awareness of risk, regulatory, audit, and compliance standards.
13. Ensure systems are secure, reliable, and scalable.
14. Define and uphold best software development practices.
15. Promote an inclusive culture and effective change management.

Additional qualities include being a collaborative team player, curious, resilient, responsible, relationship-builder, strategic, and agile.

Skills and Experience:

Essential:

• Deep knowledge of FCM and Clearing products in a financial institution.
• Experience with vendor systems like ION, Broadridge.
• Vendor management and large project delivery experience.
• Product development in an Agile environment.
• Stakeholder management and business analysis skills.
• Excellent communication.
• Delivery focus with leadership qualities.
• Experience architecting secure, reliable, scalable infrastructure and software.

Desirable:

• Knowledge across multiple asset classes, especially commodities.
• Trade lifecycle understanding.
• Experience with Trading Technologies, Pricing, Risk, and Algo Trading.
• Project planning and coordination skills.
• Knowledge of Microsoft Technologies, Cloud services, hosting, and deployment.
• Experience in regulated environments with compliance understanding.

If you’re interested in this career path, get in touch!

Marex is committed to inclusivity and accessibility in recruitment and employment practices, providing reasonable adjustments and valuing workforce diversity. We welcome applications from all backgrounds, including those returning to work, and are committed to avoiding conflicts of interest in our hiring process.

If you need information in a different format or require accommodations, please specify in your application.