Testing and Monitoring Officer (VN2386)

Marex; Chicago (IL); On-site; USD 110,000 - 140,000; Full time

Job summary

Marex, a leading global financial services group, is seeking a seasoned Compliance Assurance professional to support the Americas and collaborate with the Global team. The role focuses on verifying controls, executing data-driven reviews, and guiding remediation actions to ensure adherence to SEC, FINRA, NFA, CFTC and related regulations.

Responsibilities include risk-based reviews, data analysis, and reporting, with a strong emphasis on collaboration across Marex entities and building robust

Qualifications

• Experience in compliance monitoring/testing, advisory or audit within U.S. regulated financial institutions.
• In-depth understanding of U.S. rules and regulations with broad compliance risk knowledge.
• Excellent verbal and written communication skills.

Responsibilities

• Lead risk-based reviews following the Annual Compliance Assurance Plan; write scope docs and reports.
• Design and execute test scripts to analyze data from multiple departments for reviews.
• Validate remediation actions to ensure effective resolution.
• Facilitate the Compliance Risk Assessment process and report regulatory risks.
• Collaborate with global teams to ensure integrated risk assessment across regions.
• Support ad-hoc compliance tasks including information requests and investigations.

Skills

Curiosity and continuous learning

Resilience and adaptability

Accountability and ownership

Relationship building and influence

Strategic collaboration

Tools

Microsoft Excel

Microsoft Word

Databases

Job description

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/

Role Summary

To support the Head of Compliance Assurance and the Head of Compliance, for the Americas as well as the Global Head of Compliance Assurance. The role requires the individual lead reviews to verify the adequacy and effectiveness of controls in place to ensure the Firm follows applicable Americas based rules and regulations and Marex policies and procedures.

Department Description

Marex has unique access across markets with significant share globally both on and off exchanges. 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 U.S. compliance department has several departments made up of business advisory roles, registrations, training, policies, procedures, and surveillance that all support three different areas, Marex Capital Markets Inc. a futures commission merchant and a U.S. registered broker-dealer, as well as swap dealer activities for Marex Derivatives Inc. and Marex Securities Products, Inc.

Responsibilities

• Lead risk-based reviews in alignment with the Annual Compliance Assurance Plan, including preparing scope documents, developing test scripts and work papers to document reviews, and producing reports on findings.
• Design and execute test scripts to collect and analyze data from multiple departments to support compliance reviews and evidence findings.
• Validate remediation actions resulting from reviews to ensure effective resolution.
• Facilitate the Compliance Risk Assessment process, reporting on regulatory risks and evaluating existing controls.
• Foster strong global collaborative within the Compliance function and provide regional support on risk assessment methodology and assurance activities.
• Assist with ad-hoc compliance tasks, including regulatory information requests, investigations, and root cause analysis of incidents.
• Collaborate with business units and risk/control functions to ensure an integrated and consistent approach to risk assessment.
• Deliver timely high-quality testing reports, ensuring they provide actionable insights and add value.
• Contribute to the development of the Annual Compliance Assurance Plan, with a focus on the Americas region.
• Identify and share industry best practices to enhance compliance processes and team knowledge.
• Ensure adherence to regulatory requirements, including SEC, FINRA, NFA, CFTC and other applicable regulators and exchanges.
• Comply with the operational framework, meeting all regulatory and company defined parameters.
• Demonstrate integrity and uphold company values, serving as a role model for ethical conduct by adhering to Marex’s Code of Conduct and all internal policies relevant to your role and responsibilities.
• Report policy breaches promptly to Compliance and/ or your supervisor as required and elevate risk events immediately.
• Provide input to risk management processes when needed.

The Company may require you to perform other duties from time to time

Competencies, Skills, and Experience

Competencies

• Curiosity and Continuous Learning – Demonstrates an initiative-taking approach to acquiring knowledge and improving processes.
• Resilience and Adaptability – Thrives in challenging, demanding environments while maintaining focus and composure.
• Accountability and Ownership – Capable of managing important levels of responsibility in dynamic, high-volume settings.
• Relationship Building and Influence – Excels at networking, fostering collaboration, and influencing stakeholders effectively.
• Strategic Collaboration- Combines insight and agility to anticipate future challenges and drive operational effectiveness.

Skills and Experience

• Compliance Expertise- Extensive experience in Compliance monitoring/testing, advisory, or audit roles within U.S. regulated financial institutions.
• Regulatory Knowledge – In depth understanding of U.S. rules and regulations with a broad knowledge of compliance risks, assessments, and assurance activities.
• Communication Skills – Exceptional verbal and written communication, with the ability to convey complex concepts clearly.
• Technical Proficiency – Skills in Microsoft Excel and Word, with experience using IT systems and databases.
• Utilize AI Assistants - Accelerate the research of regulatory rules and internal policies, synthesize identified issues, and help draft comprehensive reports.
• Product Knowledge – Familiarity with Structured Products, Exchange Traded Derivatives and OTC Derivatives (beneficial but not essential).
• Data and Analytics – Experience or strong interested in leveraging data and analytics to enhance compliance processes.
• Regulatory Environment Awareness – Proven experience working in regulated environments and understanding associated risk and compliance requirements.

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 are 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.

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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