Job Information
Marex Head of Financial Crime Compliance, Americas in New York, New York
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 www.marex.com (http://www.marex.com/)
(http://www.marex.com/)
(http://www.marex.com/)
Purpose of Role:
The Head of Financial Crime Compliance, Americas is responsible for the day-to-day management of the Financial Crime Compliance program in North, Central, and South America.
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.
The Financial Crime Compliance team is a second line function that works to mitigate risks related to financial crimes and criminal actors. The team partners with the business teams to ensure that the controls Marex has in place are sufficient to mitigate the financial crime risk the customer base and product offerings pose.
Responsibilities:
Maintain and monitor management information of the Financial Crime Compliance (FCC) program.
Act as the AML (Anti-Money Laundering) officer for the US entities.
Responsible for the management of a team, including full employee lifecycle of hiring, training and development, performance management, etc.
Assist in the gathering of data and crafting responses to regulators' inquiries and exams related to financial crime compliance.
Subject matter expert able to respond to first line questions.
Identify technologies that will help the team carry out its functions and gain efficiencies.
Evaluate quality assurance reports to determine if there are areas of improvement for team members carrying out FCC functions, including the first line of defence.
Review applicants deemed high risk to determine viability.
Report monthly MI on the state of the program to Senior Management.
Provide guidance, as needed, on investigations.
Develop or identify annual AML training.
Work closely with the onboarding team and the ongoing EDD (Enhanced Due Diligence) and KYC (Know Your Customer) teams to ensure policies and procedures are up to date.
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.
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
Seven to Ten (7-10) years of experience with financial crime compliance.
Expert knowledge of BSA (Bank Secrecy Act) laws and regulations.
Strong interpersonal skills
Excellent verbal and written communication skills.
Experience working in a regulated environment and knowledge of the risk and compliance requirements associated with this.
Bachelor's Degree Required
Salary Range: $225,000 to $275,000 per year plus discretionary bonus
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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