About this role
Marex is seeking a Fixed Income Operations Analyst who will support the Credit, Rates, MBS, Repo, Fixed Income Prime Brokerage and Customer Clearing businesses. Support is primarily on Broadridge and Pershing platforms. The role requires someone with fixed income experience and the aptitude to learn, who can take on leadership responsibilities including supervising daily tasks, overseeing junior team members, and driving process improvements. The successful candidate will build relationships with internal and external clients as a subject matter expert and stay up to date with industry developments.
Work closely with the Front Office to ensure accurate processing of all credit and rates trading activity. Monitor and resolve customer unaffirmed trades, street-side breaks, and failed trades. Understand and oversee team processes; identify areas for increased efficiency. Track, resolve and perform UAT testing for issues or new projects across internal systems and vendor systems. Assume responsibility for handling transactions within your area of expertise and resolve or recommend resolutions to issues. Research and resolve position breaks and allocation discrepancies. Monitor Bank Cash Screens and GSCC/FICC Clearing for US Treasuries. Support all aspects of Fixed Income Prime Brokerage activities – customer cash projections, settlements, trade processing, and setup. Work with onboarding and trading to set up and manage customer setups across various platforms. Review and execute daily controls across credit and rates vendor systems. Process and track credit corporate bonds conversion requests. Work closely with customers and Pershing to support corporate credit trading to resolve settlement and corporate action related breaks. Ensure compliance with regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges. Adhere to the operational risk framework and Marex Code of Conduct; report breaches and escalate risk events; provide input to risk management processes. The Company may require you to carry out other duties from time to time.
At least 1-3 years of fixed income experience. Bachelor’s degree strongly preferred. Broadridge Impact & Pershing NetX360 experience required. Understanding of trade lifecycle events strongly preferred. Experience supporting fixed income trading of corporate bonds and US Treasuries. Understanding of Fixed Income Prime Brokerage. Experience with Fedwire, DTCC clearing, and international settlements. FINRA Series 99 or willingness to acquire preferred. Working knowledge of Pershing NetX360 and Broadridge systems.