Middle Office Support Associate

3 weeks ago


London, Greater London, United Kingdom Marex Group Full time

**Job Summary**

Marex Group is looking for a highly motivated Middle Office Support Associate to join our team. As a key member of the operations team, you will provide comprehensive support to the OTC Derivatives and Structured Notes business of Marex Solutions front office and clients.

Your daily activities will include reconciling trade positions and cash flows, managing trade and notes lifecycles, 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.

Key Responsibilities:

  1. Reconcile trade positions and cash flows.
  2. Manage trade and notes lifecycles.
  3. Send trade confirmations and client statements.
  4. Deal with margin calls, paying agent, prime brokerage, and settlements.
  5. Contribute to the establishment of new controls and process enhancements.

Requirements:

  • Adept across the MS Office suite (ability to write macros/VBA and Python is highly desirable).
  • 0-2 years relevant experience in a similar middle office/operations role in the financial services industry (desirable but not compulsory).
  • Experience working in a regulated environment and knowledge of risk and compliance requirements associated with this.
  • Excellent relationship-building, networking, and influencing skills.

Estimated Salary:** $85,000 - $115,000 per annum (dependent on location and experience)

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