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About the Role The FX & IRS Middle Office supports the OTC FX, IRS and Metals businesses at Marex. This role specifically supports the Structured FX & Rates desk, which operates across London, Dubai and Milan, providing full operational support for FX derivatives and interest rate products while upholding control and regulatory requirements.

What You'll Do

• Provide end-to-end operational support to the Structured FX & Rates desk, ensuring accurate and timely execution of all post-trade lifecycle events across FX derivatives and interest rate products.
• Maintain a strong control environment, monitor risk, exposure, collateral and cash movements, investigate and escalate issues as needed.
• Own the integrity of trade data and lifecycle management within front-to-back systems, keeping positions, valuations and trade statuses current.
• Oversee client margining and collateral processes, ensuring controls are applied and exposures monitored.
• Ensure settlement and payment activities are executed efficiently, coordinating with Treasury and external counterparties to minimise risk and achieve timely cash movement.
• Act as a key point of contact for the Structured FX & Rates desk, building strong relationships with Front Office, Risk, Finance, Technology and external stakeholders.
• Contribute to ongoing development and improvement of operational processes, controls and system workflows to enhance efficiency, scalability and risk management.
• Maintain governance, documentation and audit readiness; keep written procedures up to date.
• Ensure compliance with regulatory requirements under the FCA; adhere to the operational risk framework; escalate risks and breaches; contribute to risk management processes.

What We're Looking For

• Strong understanding of FX derivatives (first, second, third generation) and structured rates products.
• Proven experience in a middle office/operations function supporting OTC FX and interest rate products, with understanding of front-to-back trade flows.
• Problem solving and analytical skills.
• Excellent communication and influencing skills; ability to develop and maintain relationships with internal and external customers.
• Proficiency with MS Office; meticulous attention to detail; ability to work under pressure in a busy environment; customer focused.
• Enthusiastic team player who respects others’ opinions, communicates well and shares knowledge; flexible and adaptable to change; data-driven decision making; committed to continuous improvement.

Nice to Have

• Competencies in building relationships, networking and influencing others; resilience in a fast-paced environment; strategic collaboration with insight and agility to anticipate challenges and ensure operational effectiveness.