Business Manager, Treasury (VN2610)
About Marex
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 offers comprehensive coverage across four core services: Market Making, Clearing, Hedging and Investment Solutions, and Agency and Execution. With a major franchise in metals, energy, and agricultural products, Marex executed around 50 million trades and cleared 205 million contracts in 2022. The Group provides access to major commodity markets, serving clients including commodity producers, consumers, traders, banks, hedge funds, and asset managers. Marex operates over 35 offices worldwide with more than 2,300 employees.
About the Role
Marex is seeking a Business Manager (US Treasury) to join the wider Treasury function within Marex Group. This newly defined role will collaborate with colleagues across the front office, Finance, Risk, and other areas to advance Treasury strategy, communicate and execute Treasury’s goals, and assist in designing and implementing best-in-class processes, policies, and procedures. The Treasury team manages all aspects of treasury risk, including funding, liquidity management, cash flow forecasting, liquidity stress testing, and foreign exchange and interest rate risk management.
Responsibilities
- Work with the US Treasurer to develop and implement strategy across the U.S. Treasury group.
- Develop and enhance daily processes and reports to facilitate cash forecasting, stress testing, and monitoring/managing liquidity risk across entities.
- Stay familiar with upcoming or revised regulations to assess their impact on the firm’s funding and liquidity.
- Collaborate with Risk Management and Front Office businesses to ensure stress test assumptions remain relevant and up to date.
- Participate in the BCAC process to resolve any funding or liquidity issues related to new products or processes prior to implementation.
- Assist in keeping policies current, including the general liquidity policy, contingency funding plan, cash investment policy, and funds transfer pricing policy.
- Support the U.S. Treasurer in new initiatives such as funding programs and collateral optimization.
- Devise solutions to challenges faced by Treasury and improve processes to optimize efficiency.
- Contribute to automation projects within the Treasury function.
- Liaise with regulators, rating agencies, and auditors in conjunction with the Treasurer and larger Treasury group.
- Collaborate with Operational Risk on the RCSA (Risk Control Self-Assessment).
- Ensure compliance with regulatory requirements under the SEC, FINRA, NFA, CFTC, and other applicable exchanges.
- Adhere to the operational risk framework, complying with all regulatory and company-determined parameters.
- Serve as a role model for integrity and conduct, reflecting Marex’s values and Code of Conduct.
Requirements
- Bachelor’s degree in Finance, Economics, or Accounting is strongly preferred.
- At least ten (10) years of proven and relevant Treasury or related experience in the financial services industry, with specific focus on broker-dealer and derivatives knowledge.
- Business management or similar experience in the financial services industry.
- Strategic thinker able to anticipate and respond to changing firm priorities.
- Strong organizational skills with the ability to manage short- and long-term projects.
- Ability to work independently with minimal oversight as well as be an effective team member.
- Excellent communication and interpersonal skills, with the ability to present complex issues succinctly.
- Ability to manage multiple tasks concurrently and efficiently.
- Enthusiastic, self-motivated, and effective under pressure.
- Highly numerate, analytical, detail-oriented, and organized.
- Possess “executive presence” when presenting to senior management, regulators, and third parties.
Competencies
- Demonstrates curiosity and resilience in a challenging, fast-paced environment.
- Ability to take a high level of responsibility in a high-volume setting.
- Excels at building relationships, networking, and influencing others.
- Strategic collaborator with insight and agility, able to anticipate future challenges and ensure operational effectiveness.
Company Values
- Respect: Clients are at the heart of our business, with superior execution and client service as the foundation.
- Integrity: Doing business the right way is the only way; we hold ourselves to high ethical standards.
- Collaborative: We work in teams with open and direct communication to succeed.
- Developing our People: Our people are our competitive advantage; we foster growth and career development.
- Adaptable and Nimble: Our size and flexibility allow us to respond quickly to changing conditions.
Pay
Salary range: $180,000 to $225,000 per year base salary, plus eligibility for a discretionary bonus.