VP, Correspondent Banking, Global Payments APAC

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.

Role Summary

We are seeking an experienced talent in global payments and correspondent banking to drive our expansion and operational excellence across APAC. As part of our Global Payments team, you will play a pivotal role in building correspondent banking relationships, implementing end-to-end payment workflows with solution goals in mind. Additionally, the right talent will collaborate with technology and product teams to launch innovative cross-border solutions. This is a high-impact role that blends business development, operational strategy, and regulatory expertise.

Overall Responsibilities

• Establish and manage correspondent and funding bank relationships, across APAC.
• Design and implement operational frameworks for cross-border payments, FX trading and settlement.
• Partner with Product and Technology teams to build scalable, compliant payment infrastructure and customer solutions.
• Act as a senior liaison with key financial institutions, partners, and clients to support growth and operational efficiency.
• Own the end-to-end process for account opening, maintenance, and ongoing relationship management with correspondent banks.
• Support compliance, AML, and regulatory requirements across multiple jurisdictions.
• The Company may require you to carry out other duties from time to time

Competencies and Skills

• Domain Knowledge: Deep expertise in:
  - Global payment infrastructures (SWIFT, Fedwire, ACH, FedNow, CHAPS, Faster Payments, SEPA, TARGET, and other local country payment infrastructure).
  - Thorough knowledge of FX workflows, reconciliation and investigations in payments
  - Working knowledge of cross-border payment regulations in the region.
  
• Ability to interface with correspondent banks and experience in account opening and maintenance
• Proven expertise in innovation - should be able to come up with ideas for customizing solutions for our customers for the operational part of their transaction workflow
• Acumen to ideate, adopt and implement new technologies such as GenAI, Stablecoins etc. in payments operations

Experience / Qualifications

• Minimum 8 years’ experience with at least 5 years in managerial roles within FX payments, cross-border operations, or correspondent banking, preferably in a fintech or global financial institution.
• Strong understanding of the APAC banking ecosystem, including key financial institutions, payment rails, and regulatory environments.
• Must have an established relationship and contact network across banks and non-bank financial institutions in APAC.
• Experience in implementing Payments, Core Banking/post trade systems, client portals, SWIFT alliance, reconciliations, Sanctions screening and fraud detection, customer service platforms from operational perspective.
• Demonstrated ability to lead global / regional, cross-functional teams and drive strategic initiatives across borders.

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.

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