Marex Spectron

Futures Commission Merchant (FCM) Clearing Support Analyst (VN3076)

Marex Spectron • $80K — $95K *
Chicago, IL 60629In-Person
Finance & Insurance
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • 3 to 6 years of experience in operations clearing support.
  • Familiarity with Ion's XTP Back Office, Ateo LISA, and Teo Clearing software.
  • Strong knowledge of Microsoft Office suite.
  • Excellent verbal and written communication abilities.
  • Experience in a regulated environment with awareness of compliance and risk management.

Responsibilities

  • Allocate, clear, and ensure timely acceptance of all top day tasks.
  • Monitor and resolve issues related to exchange clearing gateways.
  • Manage internal system feeds and processes to address any problems.
  • Assist brokers by collaborating on queries and requirements.
  • Report problems to back-office supervisor and clearing manager.
  • Work closely with IT and trade support for daily system advisories.
  • Manage top day trade activities to minimize intraday margin calls.

Benefits

  • Adherence to the company's operational risk framework.
  • Opportunities for professional development.
  • Supportive team environment fostering collaboration and networking.
  • Commitment to upholding high standards of integrity and conduct.
Full Job Description
Role Summary

The FCM Clearing Support provides operations clearing support for Futures & Options. The role covers all top day activity including allocations, Give Ups, Give Ins, and constant monitoring of trade activity to ensure everything is clearing correctly.

Overall Responsibilities
  • Ensure all top day tasks are allocated, cleared, and accepted in a timely and efficient manner.
  • Daily monitoring and problem resolution of exchange clearing gateways and third-party clearer file imports.
  • Daily monitoring and problem resolution of downstream internal system feeds and process.
  • Collaborate with brokers, assisting with all queries and requirements.
  • Report any issues to back-office supervisor and clearing manager.
  • Ability to work closely with IT and trade support groups, advising of system issues daily.
  • Manage top day trade activity to reduce intraday margin calls.
  • Efficiently manage correspondence through group mailbox, as well as personal email.
  • 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.

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

Competencies, Skills, and Experience

Competencies
  • Demonstrates curiosity
  • Resilient in a challenging, fast-paced environment
  • Ability to take a high level of responsibility in a fast pace and high-volume environment
  • Excels at building relationships, networking and influencing others
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness

Skills and Experience

  • 3 to 6 years of clearing experience expected
  • Knowledge of Ion's XTP Back Office, Ateo LISA, and Teo Clearing software
  • Strong familiarity with Microsoft Office
  • Excellent verbal and written communication skills
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this

About Marex Spectron

Marex Spectron is a leading global commodities broker that provides a range of services to clients in the energy, metals, agriculture, and financial markets. The company offers a wide range of trading and hedging solutions, as well as market intelligence and research. Marex Spectron has a global presence, with offices in Europe, Asia, and North America. The company was formed in 2011 through the merger of Marex Financial and Spectron Group, and is headquartered in London, UK.
Learn more about Marex Spectron
Size
700 employees
Industry
Finance & Insurance
Founded
2005
* Ladders Estimates

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