Middle Office Trade Manager for Structured Products

4 days ago


London, Greater London, United Kingdom Marex Spectron Full time

Marex Spectron is a financial services company that offers innovative solutions to clients in the energy, commodities, and financial markets. We prioritize building strong relationships with our clients and stakeholders, and we are committed to delivering exceptional results.

About the Job

We are seeking a skilled Middle Office Trade Manager for Structured Products to join our team. As a key member of our operations team, you will be responsible for providing front-to-back operational support to our Structured Product business and its customers.

The successful candidate will have 3-6 years of experience in a similar middle office/trade management role focused on Equity/OTC derivatives or Structured Note issuance. They will be adept across the MS Office suite, with SQL, Alteryx, and/or Python being highly desirable.

As a Middle Office Trade Manager, you will be responsible for reconciling trade positions and cash flows, managing trade and notes lifecycles, ensuring accurate and timely processing of corporate actions and dividends, sending trade confirmations and client statements, dealing with margin calls, paying agent, prime brokerage, and settlements.

You will also contribute to the establishment of new controls, enhancement, and automation of existing reconciliation tools and processes. Working closely with finance, treasury, risk, audit, and compliance departments, you will maintain detailed operating procedures for the team and train new joiners to ensure business continuity and minimize staff risk.

Duties and Responsibilities
  • Provide front-to-back operational support to our Structured Product business and its customers
  • Maintain an operating model flexible enough to adapt to innovation in the business, yet scalable enough to sustain a rigorous controls environment
  • Reconcile trade positions and cash flows, manage trade and notes lifecycles, and process corporate actions and dividends
  • Send trade confirmations and client statements, deal with margin calls, and handle paying agent, prime brokerage, and settlements
  • Contribute to the establishment of new controls, enhancement, and automation of existing reconciliation tools and processes

We offer a competitive salary of $120,000 - $180,000 per annum, depending on experience.



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