Senior Trading Systems & Connectivity

Company: Marex Spectron
Location: Chicago
Posted on: May 20, 2025

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 2,300 dedicated people enabling access to exchanges and technology-powered services.For more information visit Purpose of Role:The Senior Trading Systems & Connectivity oversees technical client onboarding and project management. The role is a part of the Trading Systems & Connectivity (TSC) team and provides technical trading support to all front-office, real-time trading, and market data systems. This team will oversee and handle projects for the Trading Support desk on an enterprise-wide basis when required.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:

• Primary point of contact during the technical onboarding phase of screen-based trading platforms and FIX connectivity solutions for new and existing clients. This could include:
  • Requirement gathering.
  • Solution and design presentation.
  • Project manage system integrations.
  • Provide assistance through testing.
  • Configuration setup where required.
  • Cross-team communication to ensure successful implementation through go-live
  • Regular engagement with key Software Vendors and Exchanges, tracking ongoing projects, issue resolutions and product/service roadmaps.
  • Conduct UAT ahead of Vendor / 3rd Party system changes and as part of conformance testing with clients and/or vendors to ensure risk and regulatory requirements are met.
  • Coordinate the communication of scheduled system changes to client-facing teams, particularly those that require clients to take action.
  • Obtain the relevant annual vendor attestation documents and due diligence questionnaires from 3rd Party Software/Service providers
  • Maintain pricing schedules in relation to fees for usage of ISV solutions.
  • Validate approval and reporting requirements have been met, prior to enabling algorithmic trading features
  • Assist with requests for exchange and compliance reporting.
  • Process requests to create, manage and decommission Exchange API Session/Keys, including maintaining records for audit, reporting, and billing purposes.
  • Submit new service requests for Legal, Accounting, Risk, and Information Security Approval via Peoplesoft
  • Continually monitor TSC inbox for requests and events.
  • Conduct ongoing review of manual processes to identify improvements, including but not limited to, keeping Exchange connection IDs clean, consolidating ISVs and connections, administering review of all internal IDs, and implementing best practices.
  • Understand and adhere to Compliance rules and how role relates to the regulatory framework.
  • Must be comfortable with occasional needs for evening, weekend, and holiday coverage.
  • 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 require
    • 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.
      • Excels at building relationships, networking and influencing others.
      • Dynamic work ethic, with the ability to adapt to changing electronic trading environments.
        
      • Strategic collaborator with insight and agility, able to anticipate future challenges, ensuring operational effectiveness.Skills and Experience
        • Minimum 5 (five) years' experience working with and/or supporting trading platforms, including associated administration tools (e.g. TT, Fidessa, CQG, Bloomberg, TRAFiX).
        • Minimum 3 (three) years' experience in a Client Onboarding role, including FIX-based solutions.
        • Minimum 3 (three) years' experience working in a high demand and fast-paced customer base environment.
        • Experience of using Exchange Administration systems e.g. CME/Firmsoft, Eurex C7/T7, ICE Admin, CFE/CBOE (BATS), Nodal, Coinbase.
        • Sound knowledge of FIX (Financial Information eXchange) protocol.
        • Experience using Excel and Database systems for reporting and auditing processes.
        • Sound knowledge of the full trading lifecycle.
        • Strong teamwork ethic and experience working with a globally dispersed team
        • Experience obtaining and providing exchange updates.
        • Excellent verbal and written communication skills
        • Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.Salary Range: $150,000 to $200,000 per year and eligible for a discretionary bonusCompany 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
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Keywords: Marex Spectron, Wauwatosa , Senior Trading Systems & Connectivity, Accounting, Auditing , Chicago, Wisconsin