Head of FX & Interest Rate Derivatives Operations

Responsibilities

• Oversee daily operations of FX, Crypto, and Interest Rate transaction processing, including spot, forward, swaps, NDFs, IRS, and FRAs.
• Manage and lead global operations teams, focusing on recruitment, talent retention, and professional development.
• Partner with technology teams to automate and streamline operational processes to ensure scalability and efficiency for complex OTC derivatives.
• Drive key decisions regarding processes and systems, including vendor negotiations and strategic solution delivery.
• Act as the primary escalation point for operational issues and lead effective resolutions.
• Ensure strict adherence to regulatory requirements (e.g., EMIR, MiFID II, Dodd-Frank) and internal control frameworks, including SOX compliance.
• Collaborate with Finance and Treasury departments to ensure smooth payment workflows and system integration.
• Implement robust controls to mitigate operational, settlement, and credit risks.

Requirements

• 10+ years of experience in financial services.
• 5+ years in a leadership or senior operations role specifically focused on FX and interest rate products.
• Deep expertise in FX (Spot, Forward, Swaps, NDFs, Options) and Interest Rate products (Swaps, FRAs, Caps/Floors).
• Proven experience managing global or regional operations teams and complex derivative processes.
• Strong understanding of the trade life cycle and post-trade processes.
• Proficiency with industry-standard systems including Calypso, Bloomberg, Reuters, FSS, and XTP.
• Demonstrated track record in process improvement, automation, and digital transformation.

About the Company

Marex Group plc (NASDAQ: MRX) is a diversified global financial services platform providing essential liquidity, market access, and infrastructure services to clients across energy, commodities, and financial markets. With more than 40 offices worldwide and over 2,300 employees, Marex provides comprehensive coverage across clearing, agency and execution, market making, and hedging and investment solutions.