Principal Audit Manager (VN3230)

Rex; Chicago (IL); On-site; USD 120,000 - 150,000; Full time

Job summary

Marex is seeking a Principal Audit Manager to lead the US regulatory audit program across broker-dealer, FCM, and swap dealer entities. The role requires deep knowledge of US financial services regulation, strong stakeholder engagement, and the ability to drive audit quality independently.

You will coach and review work, develop the annual audit plan, and report to senior leadership while overseeing co-sourced resources and maintaining audit universe hygiene.

Qualifications

• 7+ years of Internal Audit in a complex financial services organisation.

Responsibilities

• Lead the U.S. regulatory audit program across broker-dealer, FCM, and swap dealer entities.

Skills

Internal Audit experience

US financial services regulation

Regulatory audits leadership

Risk-based audit methodology

Report writing

Stakeholder management

Derivatives/commodities knowledge

Global firm experience

IT skills & data analytics in audit

Job description

About Marex

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.

Role Summary

The Principal Audit Manager will lead the delivery of internal audit activities across Marex's US regulated entities, with a primary focus on regulatory-required audits. Operating at a senior level within the US audit team, the role owns audit assignments end-to-end, from scoping and fieldwork through to findings, reporting, and management action follow-up, while coaching and reviewing the work of an Assistant Audit Manager.

Reporting to the Head of Internal Audit – North America, this role will own the US regulatory audit program and serve as the primary point of contact for senior business, compliance and legal stakeholders on matters relating to US regulatory audit coverage. The role requires deep knowledge of US financial services regulation, strong stakeholder engagement skills, and the ability to drive audit quality and delivery independently.

Overall Responsibilities

• Lead the U.S. regulatory audit program across broker-dealer, FCM, and swap dealer entities.
• Develop and maintain the annual U.S. regulatory audit plan
• Lead audits from planning through reporting, issue validation, and remediation tracking
• Review and approve audit workpapers, findings, and reports
• Assess control weaknesses and provide independent audit judgments
• Monitor regulatory developments and adjust audit coverage accordingly
• Incorporate regulatory trends and examination findings into audit programs
• Ensure coverage of key regulatory obligations, including capital, customer protection, AML, and supervisory controls
• Build strong partnerships across Compliance, Legal, Risk, Operations, and business leadership
• Present audit findings and insights to senior management
• Provide independent and constructive challenge to the business
• Coordinate with regulators and external auditors as needed
• Manage, coach, and develop audit team members
• Promote a culture of quality, accountability, and continuous improvement
• Oversee co-sourced and third-party audit resources
• Support audit resource planning and talent development initiatives
• Maintain and update the U.S. regulatory audit universe and risk assessments
• Support annual risk assessments and audit planning activities.
• Adhere to the firm's operational risk framework and regulatory requirements
• Demonstrate integrity, professionalism, and company values.
• Comply with the Code of Conduct and internal policies.Escalate policy breaches and risk events appropriately
• Contribute to risk management and control enhancement efforts

The Company may require you to carry out other duties from time to time.

Competencies, Skills, and Experience

Competencies

• 7 or more of Internal Audit experience in a complex financial services organisation(s)
• Deep and demonstrable knowledge of US financial services regulations applicable to broker-dealers, FCMs, and Swaps Dealers
• Proven track record of leading and delivering regulatory-required audits
• Strong command of risk-based audit methodology and internal control frameworks
• Excellent report writing skills, with the ability to communicate complex regulatory and control issues clearly to senior and executive audiences
• Experience managing relationships with senior business stakeholders
• Familiarity with commodities, derivatives or cleared products businesses, including knowledge of exchange and clearing house rulebook requirements
• Experience in a global financial services firm with multiple regulated entities across jurisdictions.
• Proficient in information technology skills
• Working knowledge of data analytics tools applied in an audit context

Skills and Experience

• 7 or more of Internal Audit experience in a complex financial services organisation(s)
• Deep and demonstrable knowledge of US financial services regulations applicable to broker-dealers, FCMs, and Swaps Dealers
• Proven track record of leading and delivering regulatory-required audits
• Strong command of risk-based audit methodology and internal control frameworks
• Excellent report writing skills, with the ability to communicate complex regulatory and control issues clearly to senior and executive audiences
• Experience managing relationships with senior business stakeholders
• Familiarity with commodities, derivatives or cleared products businesses, including knowledge of exchange and clearing house rulebook requirements
• Experience in a global financial services firm with multiple regulated entities across jurisdictions.
• Proficient in information technology skills
• Working knowledge of data analytics tools applied in an audit context

Salary Range: $120,000 to $150,000 per year and eligible for discretionary bonus.

Company Values

Be collaborative

- by working together across the organisation, we foster teamwork, can better respond to challenges and successfully deliver for our clients

Act with integrity

- we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders

Be adaptable and entrepreneurial

- we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.

Be respectful

– how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.

Nurture talent

– we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves, and our teams.

Conduct Rules

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

Marex is fully committed to being an inclusive employer and providing an inclusive and accessible recruitment process for all. We will provide reasonable adjustments to remove any disadvantage to you being considered for this role. We value the differences that a diverse workforce brings to the company. We welcome applications from candidates returning to the workforce. Also, Marex is committed to avoiding circumstances in which the appearance or possibility of conflicts of interest may exist within the hiring process.

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