Role SummaryTo 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 DescriptionMarex 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 escalate risk events immediately.
- Provide input to risk management processes when needed.
The Company may require you to perform other duties from time to timeCompetencies, Skills, and ExperienceCompetencies- 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.
Conduct RulesYou must:
- Act with integrity- Demonstrate honesty and uphold the hights ethical standards in all actions.
- Exercise Due Skill, Care and Diligence - Perform responsibilities competently and thoughtfully.
- Maintain Transparency with U.S. Regulators - Be open and cooperative and responsive in all regulatory interactions.
- Always Prioritize Customer Interests - Treat Customers fairly and act in their best Interest.
- Adhere to Market Standards - Observe and maintain proper standard of market conduct.
