Compliance Officer, Surveillance (VN2997)

Marex; Chicago (IL); On-site; USD 90,000 - 130,000; Full time

Job summary

Marex Group in Chicago, IL, is seeking a Compliance Officer to oversee US broker-dealer and FCM activities, focusing on surveillance, audits and policy implementation to protect Marex’s licenses and reputation.

You will monitor transactions, review alerts, coordinate with compliance and the business, and contribute to ongoing improvements in surveillance while staying current on regulator actions.

Qualifications

• Knowledge of US regulatory requirements pertinent to broker-dealers and US regulators.
• Experience with surveillance and audit processes in financial services.
• Strong communication and documentation skills.

Responsibilities

• Provide trade, E-communications, and voice surveillance review for US BD/FCM lines.
• Review alerts and escalate true positives with proper rationale.
• Produce surveillance metrics for the Head of US Surveillance.
• Coordinate with Compliance and business teams to improve processes.
• Maintain knowledge of regulator actions and industry developments.

Skills

Regulatory knowledge

Surveillance tools

Audit & review

US regulations

Education

Bachelor's degree

Tools

Surveillance software

OMS/EMS systems

Job description

Chicago, IL,

Compliance,

Full-Time

About Marex

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access and infrastructure services to clients across energy, commodities and financial markets.

The group provides comprehensive breadth and depth of coverage across four core services: clearing, agency and execution, market making, and hedging and investment solutions. It has a leading franchise in many major metals, energy and agricultural products, with access to 60 exchanges. 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 40 offices worldwide, the group has over 2,300 employees across Europe, Asia and the Americas.

For more information visit https://www.marex.com/

In the ever-evolving financial landscape, Compliance has become increasingly complex. Marex must navigate a wide range of regulatory requirements to maintain licenses and protect Marex’s reputation. Compliance and Compliance Officers play a crucial role in ensuring that all activities are conducted in accordance with the law.

Compliance Officers monitor transactions, conduct regular audits, train employees on regulatory requirements, and implement policies and procedures to minimize non-compliance risks. Compliance efforts are instrumental in fostering a compliant culture within Marex and ensuring that all employees understand their responsibilities.

Furthermore, Compliance is a bridge between Marex and regulatory authorities. Compliance is responsible for responding to inquiries, providing necessary documentation, and cooperating with regulatory examinations and investigations. This collaboration is essential in maintaining a healthy and transparent relationship between Marex and regulatory bodies.

Note: Primary focus is on US activity and requires knowledge of US rules and familiarity with US regulators. Fluent English is a must.

Responsibilities

• Provide Trade, E-communications, and Voice Surveillance review services to US Broker Dealer (BD) and FCM business lines
• Review alerts with due consideration in a timely fashion, maintaining queues within guidelines
• Use technical expertise and Surveillance toolset to make determinations on whether or not an alert is a true positive or false positive, closing false positives with proper documentation including explanatory reasoning
• Seek additional clarifying information from Clients/Traders as appropriate
• Escalate potential true positives to management with proper documentation, including rationale
• Notify Employee’s Supervisor or Client of confirmed True Positive
• Follow up on open issues as needed
• Produce metrics on Surveillance reviews to the Head of US Surveillance
• Clearly delineated by date, business line, desk, alert type, client, and trader

• Participate in ongoing improvement of the Surveillance function
• testing of trade data and OMS/EMS systems to ensure the quality and completeness of data being input to the Surveillance tools
• Actively suggesting potential enhancements that would
• Increase discovery of True Positives
• Reclassify False Negatives to True Positives
• Reduce the quantity of False Positives without decreasing True Positives
• Calibration testing for new and existing scenarios
• Documented UAT Review of new scenarios

• Provide Surveillance expertise to FCM and BD Advisory Compliance, adding context and counsel to the objective response
• Communicate and coordinate with colleagues in Compliance and the business to ensure efficacious processes
• Maintain and grow industry knowledge by actively following relevant news events and regulator action
• Other Surveillance services as assigned
• 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 highest level standards of integrity and conduct and reflecting Company Values.
• At all times complying with 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.