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Administrative Support Jobs in Chicago, IL

Middle Office Associate (Operations)

Marex Services Group, LLC

Chicago, IL

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JOB DETAILS
SALARY
$60,000–$90,000 Per Year
SKILLS
Agriculture, Analysis Skills, Asset Management, Automation, Brokerage, Communication Skills, Continuous Improvement, Corporate Compliance, Customer Relations, Customer Support/Service, Derivatives, Detail Oriented, Finance, Financial Services, Functional Configuration Audit (FCA), Futures, Global Financial Markets, Hedge Funds, Identify Issues, Liquidity, Maintain Compliance, Onboarding, Operations Management, Operations Processes, Presentation/Verbal Skills, Problem Solving Skills, Process Flow, Profit & Loss, Reconciliation, Regulations, Regulatory Compliance, Regulatory Requirements, Risk, Risk Management, Sarbanes-Oxley Act (SOX), Securities and Exchange Commission (SEC), Stock Market, Team Player, Time Management, Trading/Stockbroking, Treasury, Vendor/Supplier Relations, Writing Skills
LOCATION
Chicago, IL
POSTED
1 day ago
Diversified. Resilient. Dynamic.

Marex is a global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets.

The Group provides comprehensive breadth and depth ofcoverage across four core services: Market Making, Clearing, Hedging and Investment Solutions and Agency and Execution. It has a major franchise in many major metals, energy and agricultural products, executing around 50 million trades and clearing 205 million contracts in 2022. The Group providesaccess to the world's major commodity markets, covering a broad range of clients that include some of the largest commodity producers, consumers and traders, banks, hedge funds and asset managers.

With more than 35 offices around the globe, and over 2,300 dedicated people enabling access to exchanges and technology-powered services.

For more information visit www.marex.com

Purpose of Role:

Marex is seeking a Middle Office Associate who is responsible for providing full and comprehensive support to the financial futures and equity derivatives teams on a global basis ensuring the control and regulation aspects of the function are adhered to at all times. You will be able to work independently and leverage partnerships throughout the organization to accomplish business objectives.

Marex has unique access across markets with significant share globally both on and off exchange. 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 [do not delete].

This position sits within the Operations Futures Clearing Department, which is a vital middle-to-back-office function responsible for managing the post-trade lifecycle of futures and options transactions. Acting as the central liaison between clients, executing brokers, and clearinghouses, the department ensures that all trades are accurately verified, processed, and settled in full compliance with regulatory requirements.

Responsibilities:
  • A key member of the middle office providing comprehensive support to the financial futures front office and clients. Report and escalate issues timely to the Head of the team as well as relevant senior management of the Desk.
  • Daily BAU (Business As Usual) activities include, but not limited to, reconciling trade positions and flows, managing trade lifecycles, sending trade confirmations and client statements, dealing with errors and ensuring all positions are flat hourly, as well as making sure all relevant trades are reported correctly to meet FCA, NFA and other regulatory frameworks.
  • Contributing to the establishment of new controls, enhancement and automation of existing reconciliation tools and processes.
  • Work closely and partner with finance, treasury, risk, audit and compliance departments.
  • Maintain detailed operating procedures for the team and train new joiners to ensure business continuity and minimize staff risk.
  • Trade allocations on various futures markets including LIFFE, EUREX, CME, CBOT and all major Asian markets.
  • Operating appropriate controls to capture and resolve trades not claimed within given timescales.
  • Validation of daily volumes and P&L on behalf of the team of brokers.
  • Working on projects for new system initiatives to meet the requirements of the trading team and our clients.
  • Onboarding of new voice and electronic (DMA) execution clients.
  • Assist with the set-up of new brokers that join our global team, working closing with the back office and trade support.
  • Build relationship with our software vendors in order to troubleshoot any problems or any enhancements that we may require.
  • All employees are expected to understand and comply with any Sarbanes Oxley operational requirements relevant to their role
  • 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
  • Committed to continuous improvement.
  • Meticulous attention to detail.
  • Customer-focused.
  • A collaborative team player, approachable, self-efficient and influences a positive work environment.
  • Demonstrates curiosity.
  • Resilient in a challenging, fast-paced environment.
  • Excels at building relationships, networking and influencing others.
  • Insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
  • Excellent verbal and written communication skills.
  • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
Skills and Experience
  • Experienced working in a similar middle office / operations role in the financial services industry.
  • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
  • Good knowledge of the ATEO/TT suite of products (TEO, LISA).
  • Understanding of trade flow and processes of financial futures middle office.
  • Demonstrated ability to develop and maintain relationships with internal and external customers.
  • Proven independent problem solving and analytical skills.

Salary Range: $60,000 to $90,000 per year base salary and eligible for discretionary bonus.

Marex Benefits for 2026

Company Values

Acting as a role model for the values of the Company:
Respect - Clients are at the heart of our business, with superior execution and superb client service the foundation of the firm. We respect our clients and always treat them fairly.
Integrity
- Doing business the right way is the only way. We hold ourselves to a high ethical standard in everything we do - our clients expect this and we demand it of ourselves.
Collaborative
- We work in teams - open and direct communication and the willingness to work hard and collaboratively are the basis for effective teamwork. Working well with others is necessary for us to succeed at what we do.
Developing our People
- Our people are the basis of our competitive advantage. We look to "grow our own" and make Marex the place ambitious, hardworking, talented people choose to build their careers.
Adaptable and Nimble
- Our size and flexibility is an advantage. We are big enough to support our client's various needs, and adaptable and nimble enough to respond quickly to changing conditions or requirements. A non-bureaucratic, but well controlled environment fosters initiative as well as employee satisfaction.

Marex is fully committed to the elimination of unlawful or unfair discrimination and values the differences that a diverse workforce brings to the company.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, protected veteran status, or any other characteristic protected by the law.

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About the Company

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Marex Services Group, LLC

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