Operations - Foreign Exchange and Interest Rates… at Marex · Chicago

Role Summary

The two-year Graduate Program provides recent graduates with hands-on experience across a wide range of front, middle, and back-office functions, contributing to projects that support operations, financial activities, client engagement, and regulatory responsibilities. Depending on placement, participants may assist with audits, reporting, compliance, financial transactions, client onboarding, technology, risk management, trade execution, prime brokerage, and client services. In addition to practical experience, the program emphasizes professional development, offering exposure to industry practices, problem-solving, and cross-functional collaboration alongside experienced professionals.

Graduates are expected to start no later than September 2026.

Overview of Marex and Department Description

Diversified. Resilient. Dynamic.

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. For more information visit www.marex.com.

The Operations - Foreign Exchange Foreign Exchange (FX) and Interest Rates (IR) Department plays a critical role in supporting the firm’s capital markets activities by ensuring the accurate and efficient processing of FX and IR transactions and operational workflows. As part of a centralized Operations function, the team manages day-to-day trade support, reconciliation, and settlement processes, partnering closely with front office, finance, and risk teams to maintain the integrity and timeliness of operational activities. This department not only provides operational support and oversight to business units but also establishes the minimum required standards for processes and controls, reinforcing Marex’s commitment to accuracy, efficiency, and operational excellence throughout its global footprint, while continuously enhancing processes through training, development, and the adoption of technology.

Purpose of Role

The Operations - Foreign Exchange and Interest Rates Analyst is responsible for supporting the day-to-day operational activities of the US FX and IR Operations team, ensuring transactions and processes are executed accurately and efficiently. This role will focus on assisting with core operational tasks, reconciliations, and process execution, while providing additional capacity to a small team and enabling senior members to focus on oversight, issue resolution, and stakeholder engagement.

In today’s fast-paced and evolving financial markets, efficient and well-controlled operational processes are essential to supporting trading activity and managing risk. By delivering accurate and timely operational support, the FX Operations and IR team helps ensure smooth IR transaction processing and contributes to continuous improvement initiatives, supported by training, development, and the adoption of technology.

Responsibilities:

• Support day-to-day FX and IR operational activities, ensuring transactions are processed accurately and in a timely manner.
• Assist with reconciliations and core operational processes, helping maintain the integrity and completeness of operational data.
• Provide additional capacity to a small team through the execution of routine tasks, enabling senior team members to focus on oversight and issue resolution.
• Develop a strong understanding of FX and IR operations processes and controls, applying this knowledge in daily activities and supporting long-term development within the team.
• Contribute to process improvement initiatives, supporting enhancements through training, standardization, and the use of technology to increase efficiency.
• Stay informed on financial standards and industry best practices.
• Ensuring compliance with the company’s regulatory requirements under the SEC, FINRA, NFA, CFTC and other applicable exchanges and regulatory bodies.
• 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:• Adaptability & Resilience – Thrives under pressure and dynamic environments. • Analytical & Detail-Oriented – Demonstrates curiosity, precision, and problem-solving. • Collaboration & Relationship-Building – Drives teamwork and stakeholder engagement. • Communication & Influence – Conveys ideas clearly and builds consensus. • Technical & Organizational Skills – Applies technology effectively and manages priorities.

Skills and Experience:

• Bachelor’s or master’s degree in a related field required. • Genuine interest in one or more of the program’s departmental tracks. • Familiarity with AI tools, automation, or data analytics and programming platforms, such as Power BI, VBA, Python, SQL, or similar tools, is a plus.

• Candidates must be legally authorized to work in the United States without the need for current or future sponsorship, including, but not limited to, F-1, J-1, and M-1 visa holders, as well as individuals on CPT or OPT.

Company Values

Acting as a role model for the values of the Company:

Be collaborative - by working together across the organization, we foster teamwork, can better respond to challenges and successfully deliver for our clients

Act with integrity - we pride ourselves on our honesty and high ethical standards. We apply these values when working with all our clients, colleagues and other stakeholders

Be adaptable and entrepreneurial - we embrace change as markets evolve to constantly increase our efficiency and create innovative solutions for our clients. We are interested in the world around us and inquisitive about understanding the challenges and opportunities our clients face.

Be respectful – how we treat each other, and our clients says everything about who we are. We always act respectfully and treat people fairly in everything we do.

Nurture talent – we aim to grow our own talent and make Marex the place ambitious, hardworking and talented people choose to build their career. This means giving and taking stretch opportunities, taking risks, and committing to career development and support – for ourselves and our teams.

Conduct Rules

You must:

• Act with integrity. • Act with due skill, care and diligence. • Be open and cooperative with the FCA, the PRA and other regulators. • Pay due regard to the interests of customers and treat them fairly. • Observe proper standard of market conduct. • Act to deliver good outcomes for retail customers.