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Broker Operations Associate

Broker Operations associate will lead the way in the team in providing a high-quality service to all LMAX clients and complete internal processes and tasks to a high-level standard with an expertise in one or more of the departmental areas.

Main Duties & Responsibilities:

 

  • Support the team as the senior team member, to fully understand the operational side of client queries.
  • Lead the way and encourage/teach team members how to perform tasks and how to enhance the client experience.
  • Drive continuous improvement for the team’s ways of working
  • Assist Partner Success team, and Sales where necessary, with an understanding of client’s trade executions with an in-depth analysis.
  • Perform more complex payment’s role, including inter-transfer, raising and resolving payments tickets, managing CASS issues and managing daily settlement requests and third party settlement platforms.
  • Ensure DFX processes are followed accurately and in a timely manner.
  • Work to weekly, monthly, and quarterly objectives and targets.
  • Follow internal policies and adhere to regulatory requirements.
  • Developing and distributing management reporting for LMAX Digital 

Essential Skills / Experience:

  • Business Fluency in written and verbal English
  • Effective relationship builder and influencer.
  • Pragmatic and flexible with ability to handle ambiguity and remain focused.
  • Confident and proactive in communicating with people at all levels and a good team player
  • Performance driven and results orientated with a strong bias for action and outcome. Strong problem solver.
  • Can handle large workloads and remain calm and productive in stressful situations
  • Reliable and willing to work antisocial hours to meet client requirements, solve their problems and thus encourage future business.
  • Proficiency in MS Office applications.
  • Previous client facing experience
  • 25 days of holiday 
  • Bonus 
  • Pension contribution 
  • Private medical, dental, and vision coverage 
  • Life assurance 
  • Critical illness cover 
  • Wellness contribution program with access to ClassPass 
  • Plumm Platform 
  • Five volunteering days 
  • Give as You Earn initiative 
  • Learning and development programs 
  • Electric Vehicle Scheme 
  • Cycle to Work Scheme 
  • Season Ticket Loan 
What You Should Know About Broker Operations Associate, LMAX Group

Join LMAX as a Broker Operations Associate, where you'll play a crucial role in delivering exceptional service to our clients while enhancing the operational efficiency of our team. As a senior team member, you’ll be the go-to expert in navigating client queries and operational tasks. Your influence will help foster a collaborative team environment where you can teach and encourage your colleagues to enhance the client experience continually. You'll dive deep into complex aspects of payments management, including resolving payment tickets, managing inter-transfers, and addressing CASS issues. We’re all about continuous improvement, so your insights will be invaluable in driving better ways of working. You'll also collaborate with our Partner Success team and Sales to analyze trade executions for our clients. With a keen sense of responsibility, you'll ensure our DFX processes are executed accurately and timely, all while working towards your weekly and quarterly targets. At LMAX, we value effective communication and relationship building, which is why we seek individuals who are confident, proactive, and have adept problem-solving skills. If you're looking to grow in a dynamic environment and make a real impact on our client relationships and operations, LMAX is the place for you!

Frequently Asked Questions (FAQs) for Broker Operations Associate Role at LMAX Group
What are the primary responsibilities of a Broker Operations Associate at LMAX?

As a Broker Operations Associate at LMAX, your primary responsibilities include supporting the team in handling client queries, guiding team members in task performance, managing complex payment operations, and driving process improvements. You’ll also assist other teams with trade execution analyses and ensure compliance with regulatory requirements.

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What qualifications do I need to apply for the Broker Operations Associate position at LMAX?

To qualify for the Broker Operations Associate role at LMAX, candidates should possess business fluency in English, experience in client-facing roles, and effective relationship-building skills. Proficiency in MS Office applications and strong problem-solving abilities are also essential.

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How does the Broker Operations Associate position at LMAX contribute to team performance?

In the Broker Operations Associate role at LMAX, you will lead as a senior team member, thus playing a crucial part in enhancing team performance. Your ability to teach your peers, drive improvements, and maintain high standards in client service will significantly contribute to the overall success of the team.

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What kind of work environment can a Broker Operations Associate expect at LMAX?

A Broker Operations Associate at LMAX can expect a dynamic and supportive work environment. We prioritize collaboration, innovation, and continuous improvement, allowing team members to thrive while delivering excellent client experiences, even under pressure.

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What benefits can I expect as a Broker Operations Associate at LMAX?

As a Broker Operations Associate at LMAX, you can enjoy a range of benefits, including 25 days of holiday, private medical and dental coverage, life assurance, wellness contributions, and learning and development programs. We also offer a pension contribution, volunteering days, and various schemes to support your well-being.

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Common Interview Questions for Broker Operations Associate
Can you explain your experience with client-facing roles relevant to the Broker Operations Associate position?

In your response, provide specific examples of your previous client-facing experiences. Highlight how you handled various client queries and situations, focusing on your communication skills, problem-solving abilities, and how you contributed to enhancing the client experience.

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How do you prioritize your tasks when faced with tight deadlines as a Broker Operations Associate?

Discuss your approach to prioritization, such as creating lists, identifying high-impact tasks, and managing your time effectively. Give examples of how you’ve successfully managed deadlines in past roles, especially in high-pressure environments.

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What strategies would you use to drive continuous improvement in operations?

Share your insights on process improvement methodologies and how they can be applied. Describe a specific instance where you've successfully implemented a process change that led to improved efficiency or client satisfaction.

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Describe a time when you had to resolve a complex payment issue?

Provide a detailed example that outlines the complexity of the situation, your approach to problem-solving, and the outcome. Make sure to emphasize your analytical skills and attention to detail.

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How would you handle ambiguity in your role as a Broker Operations Associate?

Talk about your adaptability and flexibility when facing uncertain situations. Share strategies you use to seek clarity, such as asking questions, collaborating with teammates, or conducting thorough analyses to inform your decisions.

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What makes you a suitable candidate for the Broker Operations Associate role at LMAX?

Reflect on your skills and experiences that align with the job description. Highlight your problem-solving skills, client management experience, and your proactive nature. Share any relevant achievements that demonstrate your readiness for this position.

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How do you build effective relationships within a team?

Discuss your communication style and give examples of how you foster collaboration among team members. Describe how your interpersonal skills facilitate a positive atmosphere and effective teamwork.

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What tools or software are you familiar with that would assist you in this role?

Mention any relevant software experience you have, particularly with MS Office applications. If you have experience with specific payment processing systems or reporting tools, be sure to include those as they contribute to your qualifications for the role.

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Why do you want to work for LMAX?

Express your admiration for LMAX's commitment to client service and operational excellence. Mention any aspects of the company's culture or values that resonate with you, and explain how you see the role aligning with your career goals.

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What approaches do you take to maintain high levels of client satisfaction?

Detail your client service philosophy and practices, such as proactive communication, thorough follow-ups, and personalized service. Use examples to illustrate how these approaches helped you achieve high client satisfaction in your previous roles.

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LMAX Group, headquartered in London, United Kingdom, is a leading player in global capital markets that operates multiple institutional execution venues for FX and cryptocurrency trading.

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Full-time, remote
DATE POSTED
December 20, 2024

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