Job Description
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 of coverage 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 provides access 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 2,000 dedicated people enabling access to exchanges and technology-powered services.
For more information visit (
Purpose of Role:
The Commission and Fees Manager is a member of the day-to-day Operations team whose area of focus includes Commission/Fees.
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.
Responsibilities :
~ Act as a business expert and technical team lead for Commissions and Fees process.
~ Supervise and oversee work product for the team and ensure Commissions and Fees process is consistent across the team
~Independently work with IB's (Introducing Brokers) and Traders for daily adding, changing, and deleting of commissions and fees with the ability to analyze the changes and adjust the accounts accordingly.
~ Own daily posting of commission and fee adjustments.
~ Ensure membership setups are appropriately kept up in the Fees Direct System.
~ Collaborate with New Accounts department daily to set up new client commission and fee rates in the Fees Direct System.
~ Reconcile the Exchange Fees from the exchanges to XTP and resolve discrepancies as they arise.
~ Investigate issues by following trades from beginning to end to find where the discrepancy lies.
~ Work with Balancing department on commission and fee charges for transfers.
~ 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
~Demonstrates curiosity.
~Resilient in a challenging, fast-paced environment
~ Ability to take a high level of responsibility in a fast pace and high-volume environment.
~ Ability to work independently and proactively take ownership of tasks and processes yet understand when to escalate an issue.
~ Excels at building relationships, networking and influencing others.
~ Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.
Skills and Experience
~ Minimum of three (3) years of experience in Commodities Industry required.
~ Minimum of Associates degree preferred
~Knowledge of Microsoft Office (with proficient use of Microsoft Excel).
~ Ability to learn in house computer system XTP and Fees Direct along with various vendor software, and FIA DOCS
~Excellent verbal and written communication skill
~Excellent customer service skill
~Strong organizational skills and detail oriented.
~ Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Salary Range: $100,000 to $160,000 per year and eligible for discretionary bonus.
Marex Benefits for 2025 (
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.
#LI-PP1
Job Tags
Immediate start,
Similar Jobs
Lensa
...Insight Global, is seeking professionals. Apply via Lensa today! Job Description An employer is looking for a Recruiting Coordinator to join their team remotely. He/she will support 2-3 technical recruiters, both with scheduling and documentation in HR systems. This...
Bloom Consulting
Contracted Instructor Special Education Life Skills Hallsville High School $25$30/hour | 9:1511:00 AM & 1:002:00 PM, MonFri | Perfect for supplemental income Bloom Consulting is seeking a contracted instructor to teach life skills to high school students ...
Johns Hopkins Medicine
At Johns Hopkins All Childrens Hospital, we offer first-class pediatric care, along with the best lifestyle anyone could imagine. In the heart of Tampa Bay, our main campus and state-of-the-art facility is located in downtown St. Petersburg, Florida and just minutes from...
Sutter Health
We are so glad you are interested in joining Sutter Health!**Organization:**SCAH-Sutter Care at Home - Bay**Position Overview:**Provides personal care and related non-professional household services necessary to meet the hygiene, activities of daily living (ADL), and...
Sargent & Lundy
Description+ As a member of Sargent & Lundy's Environmental Licensing and Permitting team, you will utilize your academic background and experience to review, evaluate, and implement federal, state, and local environmental regulatory requirements as they apply to a variety...